Priority Technology Holdings, Inc.

NasdaqCM PRTH

Priority Technology Holdings, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 28.44%

Priority Technology Holdings, Inc. Gross Profit Margin is 28.44% for the Trailing 12 Months (TTM) ending September 30, 2024, a -20.76% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Priority Technology Holdings, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 35.89%, a 5.39% change year over year.
  • Priority Technology Holdings, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 34.05%, a 17.04% change year over year.
  • Priority Technology Holdings, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 29.10%, a -8.42% change year over year.
  • Priority Technology Holdings, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 31.77%, a 12.74% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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NasdaqCM: PRTH

Priority Technology Holdings, Inc.

CEO Mr. Thomas Charles Priore
IPO Date Dec. 6, 2016
Location United States
Headquarters 2001 Westside Parkway
Employees 974
Sector Finance
Industries
Description

Priority Technology Holdings, Inc. operates as a payment technology company in the United States. It operates through three segments: Small and Medium-Sized Businesses (SMB) Payments, Business-To-Business Payments, and Enterprise Payments. The company offers MX product line, including MX Connect and MX Merchant products, such as MX Insights, MX Storefront, MX Retail, MX Invoice, MX B2B and ACH.com, and others, which provides flexible and customizable set of business applications that helps to manage critical business work functions and revenue performance to resellers and merchant clients using core payment processing as our leverage point. It also offers CPX, a platform that offers accounts payable automation solutions, including virtual card, purchase card, ACH +, dynamic discounting, or check. In addition, the company provides curated managed services and a suite of integrated accounts payable automation solutions to various financial institutions and card networks; and payment-adjacent technologies to facilitate the acceptance of electronic payments from customers. Further, it offers embedded payment and banking solutions to enterprise customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments; and managed services solutions that provide audience-specific programs for institutional partners and other third parties; and consulting and development solutions. The company serves SMB, and enterprises, as well as distribution partners, including retail and wholesale independent sales organizations, financial institutions, and independent software vendors. Priority Technology Holdings, Inc. was founded in 2005 and is headquartered in Alpharetta, Georgia.

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StockViz Staff

January 15, 2025

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