secwatch.observer — SEC 8-K summary
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Issuer:     Priority Technology Holdings, Inc. (PRTH)
CIK:        0001653558
Form:       8-K
Filed at:   2022-03-16T23:59:59+00:00
Accession:  0001653558-22-000025
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Priority Tech Q4 revenue up 35.7% to $144M, adj EBITDA up 80.8% to $32.9M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653558/000165355822000025/0001653558-22-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653558/000165355822000025/prth-20220316.htm
  HTML page:      https://secwatch.observer/filing/0001653558-22-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer