Post by MikeTesteron Jan 24, 2025 3:31am
34 Views
Post# 36418415
Priority Technology Holdings (PRTH): Powering the Next Wave
Priority Technology Holdings (PRTH): Powering the Next Wave Looks like PRTH is firing on all cylinders. Q3 numbers are killer - 20% revenue growth, 22% adjusted EBITDA jump. B2B payments segment crushed it with 58% revenue surge after Plastiq acquisition. SMB payments still solid with 13% rev growth. Management guiding $200M+ adjusted EBITDA for 2024, which is 18-21% growth. Stock feels undervalued considering these metrics.Might start building a position here. Payments space is hot and Priority seems to be executing perfectly. Their unified commerce strategy looks smart - diversified across SMB, enterprise, and B2B segments. Cash flow looking healthy too with $61.9M ops cash flow YTD.BTW, big shoutout to BeyondSPX - their free in-depth analysis on stocks like this is top notch. High quality coverage on basically every US stock out there. https://beyondspx.com/article/priority-technology-holdings-prth-powering-the-next-wave-of-unified-commerce