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
Revenues $344.1m $425.6m $424.4m $371.9m $404.3m $514.9m $663.6m $755.6m $879.7m $953.0m
Selling, general and administrative $16.9m $22.5m $32.1m $30.8m $25.8m $28.4m $35.0m $45.4m $47.4m $62.5m
Total operating expenses $36k $120k $404.5m $364.7m $383.5m $481.8m $607.5m $674.1m $746.3m $811.8m
Operating income $25.8m $35.2m $19.9m $7.2m $20.9m $33.1m $56.2m $81.5m $133.4m $141.2m
Salary and employee benefits $32.3m $32.4m $38.3m $42.2m $39.5m $43.8m $65.1m $80.0m $89.2m $107.8m
Depreciation and amortization $14.7m $14.7m $19.7m $39.1m $40.8m $49.7m $70.7m $68.4m $58.0m $63.2m
Other income, net ($877k) ($5.6m) ($6.8m) $710k $596k $202k $589k $1.7m $3.2m $8.2m
Less: Dividends, accretion, and related excise tax attributable to redeemable senior preferred stockholders $0 $0 ($18.0m) ($36.9m) ($47.7m) ($47.3m) $0
Less: Return on redeemable NCI in consolidated subsidiary $0 $0 ($45.4m) $0 $0 ($639k) $0
Foreign currency translation adjustments $0 $0 ($29k) ($147k) ($34k)
Comprehensive income (loss) ($24.6m) ($39.0m) ($49.1m) ($24.1m) $55.6m
Income before income taxes $20.2m $4.6m ($16.8m) ($32.8m) $82.0m ($3.9m) $3.2m $7.2m $37.3m $46.3m
Net income (loss) $20.2m $4.6m ($15.0m) ($33.6m) $71.1m $1.4m ($2.1m) ($1.3m) $24.0m $55.7m
Net income (loss) attributable to common stockholders $20.2m $4.6m ($15.0m) ($33.6m) $25.7m ($24.6m) ($39.0m) ($49.1m) ($24.0m) $55.7m
Basic (in dollars per share) ($0.06) ($0.19) ($0.24) ($0.50) $1.06 $0.02 ($0.03) ($0.02) $0.31 $0.70
Diluted (in dollars per share) ($0.06) ($0.19) ($0.24) ($0.50) $1.06 $0.02 ($0.03) ($0.02) $0.31 $0.68
Costs of services (excludes depreciation and amortization) $278.5m $269.3m $252.6m $277.4m $359.9m $436.8m $480.3m $551.6m $578.3m
Interest expense ($4.8m) ($25.1m) ($29.9m) ($40.7m) ($44.8m) ($36.5m) ($53.6m) ($76.1m) ($88.9m) ($90.7m)
Debt extinguishment and modification costs ($2.0m) $0 ($1.9m) ($8.3m) $0 $0 ($10.4m) ($12.5m)
Income tax (benefit) expense $0 $0 ($1.8m) $830k $10.9m ($5.3m) $5.3m $8.5m $13.3m ($9.4m)
Total other expense, net $65k $827k ($36.7m) ($39.9m) $61.1m ($37.0m) ($53.0m) ($74.4m) ($96.1m) ($95.0m)