earnings
confidence high
sentiment positive
materiality 0.70
Priority Tech Q4 revenue up 35.7% to $144M, adj EBITDA up 80.8% to $32.9M
Priority Technology Holdings, Inc.
- Q4 2021 revenue $144.0M (+35.7% YoY); gross profit $48.7M (+49.8%); margin 33.8% (+320 bps).
- Q4 operating income $12.9M (+108.1% YoY); adjusted EBITDA $32.9M (+80.8%).
- Full year 2021 revenue $514.9M (+27.4%); adjusted EBITDA $96.3M (+37.0%).
- Net debt $611.6M, down $19.9M from Q3 2021; gross profit margin for FY 2021 was 30.1%, down 130 bps.