Priority Technology Holdings Inc

NASDAQ PRTH

Download Data

Priority Technology Holdings Inc Gross Profit Margin for the year ending December 31, 2023: 36.43%

Priority Technology Holdings Inc Gross Profit Margin is 36.43% for the year ending December 31, 2023, a 6.57% change year over year. Gross Profit Margin represents the percentage of revenue that represents gross profit, indicating the efficiency of a company's production and pricing.
  • Priority Technology Holdings Inc Gross Profit Margin for the year ending December 31, 2022 was 34.19%, a 13.56% change year over year.
  • Priority Technology Holdings Inc Gross Profit Margin for the year ending December 31, 2021 was 30.11%, a -4.12% change year over year.
  • Priority Technology Holdings Inc Gross Profit Margin for the year ending December 31, 2020 was 31.40%, a -2.11% change year over year.
  • Priority Technology Holdings Inc Gross Profit Margin for the year ending December 31, 2019 was 32.08%, a 23.70% change year over year.
NASDAQ: PRTH

Priority Technology Holdings Inc

CEO Mr. Thomas Charles Priore
IPO Date Dec. 6, 2016
Location United States
Headquarters 2001 Westside Parkway, Alpharetta, GA, United States, 30004
Employees 974
Sector Technology
Industry Software - infrastructure
Description

Priority Technology Holdings, Inc. operates as a payment technology company in the United States. The company operates through three segments: Small and Medium-Sized Businesses (SMB) Payments, Business-To-Business (B2B) Payments, and Enterprise Payments. It offers SMB payments processing solutions for B2C transactions through independent sales organizations, financial institutions, independent software vendors, and other referral partners through its MX product suite, which includes 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. The company also offers CPX, a platform that offers accounts payable automation solutions, including virtual card, purchase card, ACH +, dynamic discounting, or check. In addition, it provides curated managed services; payment-adjacent technologies to facilitate the acceptance of electronic payments from customers; and Plastiq payables management software, which helps businesses in improving cash flow with instant access to working capital. Further, the company offers embedded finance and BaaS 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. It serves SMB, and enterprises, as well as distribution partners, including retail and wholesale independent sales organizations, financial institutions, and independent software vendors. The company was founded in 2005 and is headquartered in Alpharetta, Georgia.

Similar companies

LSAK

Lesaka Technologies Inc

NA

NA

StockViz Staff

September 16, 2024

Any question? Send us an email