Priority Technology Holdings Inc

NASDAQ PRTH

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Priority Technology Holdings Inc Invested Capital 1 year YoY Change (%) for the quarter ending March 31, 2024: 4.74%

Priority Technology Holdings Inc Invested Capital 1 year YoY Change (%) is 4.74% for the quarter ending March 31, 2024, a 214.06% change year over year. Invested capital represents the total amount of capital invested in a company's operations, including both equity and debt. It is calculated by subtracting the sum of current liabilities (excluding short-term debt) from the total assets of a company. Invested capital reflects the long-term financial resources employed in the company's operations. It is an important measure to evaluate a company's capital structure and assess the amount of capital invested in its productive assets. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Priority Technology Holdings Inc Invested Capital for the quarter ending March 31, 2023 was USD 732.00 M, a -4.16% change year over year.
  • Priority Technology Holdings Inc Invested Capital for the quarter ending March 31, 2022 was USD 763.76 M, a 168.93% change year over year.
  • Priority Technology Holdings Inc Invested Capital for the quarter ending March 31, 2021 was USD 284.00 M, a -23.50% change year over year.
  • Priority Technology Holdings Inc Invested Capital for the quarter ending March 31, 2020 was USD 371.23 M, a -10.14% 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.

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StockViz Staff

September 20, 2024

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