← Priority Technology Holdings, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $363k | $172k | $15.6m | $3.2m | $9.2m | $20.3m | $18.5m | $39.6m | $58.6m | $77.2m | |
| Accounts receivable, net of allowances of $6,297 and $3,045, respectively | — | $47.4m | $45.7m | $38.0m | $41.3m | $58.4m | $78.1m | $58.6m | $68.0m | $91.3m | |
| Prepaid expenses and other current assets | $56k | $10k | $3.6m | $3.9m | $3.5m | $15.8m | $11.8m | $13.3m | $23.0m | $32.1m | |
| Total current assets | $419k | $182k | $85.1m | $94.2m | $135.9m | $603.1m | $652.5m | $881.3m | $1.1b | $1.5b | |
| Property, equipment and software, net | — | $11.9m | $17.5m | $23.5m | $22.9m | $25.2m | $34.7m | $44.7m | $52.5m | $58.6m | |
| Goodwill | — | $101.5m | $109.5m | $109.5m | $106.8m | $365.7m | $369.3m | $376.1m | $376.1m | $416.6m | |
| Intangible assets, net | — | $42.1m | $124.6m | $182.8m | $98.1m | $340.2m | $288.8m | $273.4m | $240.9m | $315.2m | |
| Other noncurrent assets | — | $1.4m | $1.3m | $380k | $2.0m | $9.3m | $8.4m | $13.6m | $22.7m | $29.3m | |
| Restricted cash | — | $16.2m | $18.2m | $47.2m | $78.9m | $28.9m | $10.6m | $11.9m | $11.1m | $16.5m | |
| Current portion of notes receivable, net of allowances of $0 and $0, respectively | — | $3.4m | $979k | $1.3m | $2.2m | $272k | $1.5m | $1.5m | $3.6m | $2.1m | |
| Settlement assets | — | $7.2m | $1.0m | $533k | $753k | $479.5m | $532.0m | $756.5m | $940.8m | $1.3b | |
| Notes receivable, less current portion | — | $3.8m | $852k | $4.4m | $5.5m | $105k | $3.2m | $3.7m | $4.9m | $17.6m | |
| Deferred income taxes, net | — | — | $50.4m | $49.7m | $46.7m | $8.3m | $16.4m | $22.5m | $24.7m | $46.4m | |
| Customer deposits and advance payments | — | $4.9m | $3.3m | $4.9m | $2.9m | $5.0m | $2.6m | $3.9m | $2.2m | $2.0m | |
| Settlement obligations | — | $10.5m | $11.1m | $37.8m | $72.9m | $500.3m | $533.3m | $755.8m | $940.2m | $1.3b | |
| Total stockholders' deficit attributable to stockholders of Priority | $5.0m | $5.0m | ($85.5m) | ($126.3m) | ($98.6m) | ($64.2m) | ($104.0m) | ($147.7m) | ($166.8m) | ($100.4m) | |
| Total stockholders' deficit | — | — | ($94.0m) | ($120.7m) | ($98.6m) | ($64.2m) | ($102.8m) | ($146.1m) | ($165.0m) | ($92.4m) | |
| Total assets | $55.2m | $55.3m | $388.6m | $464.5m | $417.8m | $1.4b | $1.4b | $1.6b | $1.8b | $2.4b | |
| Accounts payable and accrued expenses | $111k | $349k | $27.6m | $27.0m | $29.8m | $42.5m | $51.9m | $52.6m | $62.1m | $70.6m | |
| Accrued residual commissions | — | $23.5m | $18.7m | $19.3m | $23.8m | $29.5m | $36.0m | $33.0m | $37.6m | $40.5m | |
| Current portion of long-term debt | — | $7.6m | $3.3m | $4.0m | $19.4m | $6.2m | $6.2m | $6.7m | $9.5m | $0 | |
| Long-term debt, net of current portion, discounts and debt issuance costs | — | $267.9m | $402.1m | $485.6m | $357.9m | $604.1m | $598.9m | $632.0m | $920.9m | $1.0b | |
| Total current liabilities | $150k | $388k | $64.1m | $93.0m | $148.8m | $583.6m | $630.0m | $852.1m | $1.1b | $1.4b | |
| Other noncurrent liabilities | — | $6.0m | $7.9m | $6.6m | $9.7m | $18.3m | $11.6m | $18.8m | $19.3m | $41.5m | |
| Total liabilities | $1.2m | $1.5m | $474.1m | $585.2m | $516.4m | $1.2b | $1.2b | $1.5b | $2.0b | $2.5b | |
| Total liabilities, stockholders' deficit and Non-controlling interest | $55.2m | $55.3m | $388.6m | $464.5m | $417.8m | $1.4b | $1.4b | $1.6b | $1.8b | $2.4b | |
| Preferred stock, $0.001 par value per share; 100,000,000 shares authorized; none issued or outstanding at December 31, 2025 and December 31, 2024 | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Common Stock,$0.001 par value per share; 1,000,000,000 shares authorized; 86,639,593 and 81,866,711 shares issued at December 31, 2025 and December 31, 2024, respectively; and 81,907,304 and 77,479,908 shares outstanding at December 31, 2025 and December 31, 2024, respectively. | 2k | 2k | 67k | 68k | 68k | 77k | 76k | 77k | 77k | 82k | |
| Treasury stock at cost, 4,732,289 and 4,386,803 shares at December 31, 2025 and December 31, 2024, respectively | — | — | — | — | — | — | ($11.6m) | ($12.8m) | ($19.6m) | ($22.8m) | |
| Additional paid-in capital | $5.1m | $5.2m | $0 | $3.7m | $5.8m | $39.8m | $9.7m | $0 | $0 | $13.9m | |
| Accumulated other comprehensive income (loss) | — | — | — | — | — | — | $0 | ($29k) | ($176k) | ($210k) | |
| Accumulated deficit | ($118k) | ($243k) | ($85.5m) | ($127.7m) | ($102.0m) | ($100.1m) | ($102.2m) | ($135.0m) | ($147.1m) | ($91.5m) | |
| Equity, Attributable to Noncontrolling Interest | — | — | $0 | $5.7m | $0 | $0 | $1.3m | $1.7m | $1.8m | $8.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.