Priority Historical Income Statement
| PRTH Stock | USD 8.35 0.21 2.45% |
Historical analysis of Priority Technology income statement accounts such as Gross Profit of 156.3 M, Other Operating Expenses of 405.4 M, Preferred Stock And Other Adjustments of 44.5 M or Operating Income of 85.6 M can show how well Priority Technology Holdings performed in making a profits. Evaluating Priority Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Priority Technology's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Priority Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Priority Technology is a good buy for the upcoming year.
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About Priority Income Statement Analysis
Priority Technology Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Priority Technology shareholders. The income statement also shows Priority investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Priority Technology Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Priority Technology Holdings minus its cost of goods sold. It is profit before Priority Technology operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Priority Technology. It is also known as Priority Technology overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Priority Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Priority Technology current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Priority Technology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. As of now, Priority Technology's Non Operating Income Net Other is increasing as compared to previous years. The Priority Technology's current Interest Income is estimated to increase to about 48.4 M, while Interest Expense is projected to decrease to under 38.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 481.8M | 607.5M | 674.1M | 405.4M | Gross Profit | 155.0M | 226.9M | 275.3M | 156.3M |
Priority Technology income statement Correlations
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Priority Technology Account Relationship Matchups
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Priority Technology income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 40.7M | 44.8M | 36.5M | 53.6M | 76.1M | 38.2M | |
| Selling General Administrative | 73.0M | 65.3M | 72.2M | 100.0M | 125.4M | 71.2M | |
| Total Revenue | 371.9M | 404.3M | 514.9M | 663.6M | 755.6M | 470.1M | |
| Gross Profit | 119.3M | 127.0M | 155.0M | 226.9M | 275.3M | 156.3M | |
| Other Operating Expenses | 364.7M | 383.5M | 481.8M | 607.5M | 674.1M | 405.4M | |
| Operating Income | 7.2M | 20.9M | 33.1M | 56.2M | 81.5M | 85.6M | |
| Net Income From Continuing Ops | (33.6M) | 71.1M | 1.4M | (2.2M) | (2.5M) | (2.4M) | |
| Ebit | 7.2M | 126.8M | 32.6M | 55.9M | 81.6M | 44.8M | |
| Research Development | 4.1M | 5.3M | 5.9M | 6.9M | 9.4M | 9.9M | |
| Cost Of Revenue | 252.6M | 277.4M | 359.9M | 436.8M | 480.3M | 355.9M | |
| Total Operating Expenses | 112.1M | 106.1M | 121.9M | 170.7M | 193.8M | 138.9M | |
| Income Before Tax | (32.8M) | 82.0M | (3.9M) | 3.2M | 7.2M | 6.4M | |
| Total Other Income Expense Net | (39.9M) | 61.1M | (37.0M) | (53.0M) | (74.4M) | (70.7M) | |
| Net Income Applicable To Common Shares | (33.6M) | 25.7M | (24.6M) | (39.0M) | (35.1M) | (33.4M) | |
| Net Income | (33.6M) | 71.1M | 1.4M | (2.2M) | (1.3M) | (1.2M) | |
| Income Tax Expense | 830K | 10.9M | (5.3M) | 5.4M | 8.5M | 4.4M | |
| Net Interest Income | (40.7M) | (44.8M) | (36.5M) | (53.6M) | (71.6M) | (68.1M) | |
| Depreciation And Amortization | 39.8M | 40.8M | 49.7M | 70.7M | 68.4M | 41.8M | |
| Ebitda | 47.0M | 167.6M | 82.3M | 126.6M | 150.0M | 90.2M | |
| Reconciled Depreciation | 39.1M | 40.8M | 49.7M | 70.7M | 71.3M | 48.1M | |
| Tax Provision | 830K | 10.9M | (5.3M) | 5.4M | 10.1M | 10.6M |
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When determining whether Priority Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Priority Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Priority Technology Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Priority Technology Holdings Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Priority Technology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Transaction & Payment Processing Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Priority Technology. If investors know Priority will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Priority Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.42) | Revenue Per Share 10.913 | Quarterly Revenue Growth 0.201 | Return On Assets 0.0474 | Return On Equity 0.5639 |
The market value of Priority Technology is measured differently than its book value, which is the value of Priority that is recorded on the company's balance sheet. Investors also form their own opinion of Priority Technology's value that differs from its market value or its book value, called intrinsic value, which is Priority Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Priority Technology's market value can be influenced by many factors that don't directly affect Priority Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Priority Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Priority Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Priority Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.