Priority Technology Holdings, Inc. · NASDAQ:PRTH
Priority Technology — Q2 2025 Earnings Presentation
19 slides from Priority Technology's earnings presentation, Aug 7, 2025
Slide 1: Priority Technology Holdings, Inc. Q2 2025 Earnings Call
Priority Technology Holdings, Inc. (Nasdaq: PRTH) Supplemental Slides: Q2 2025 Earnings Call August 2025
Slide 2: Disclaimer
Disclaimer Important Notice Regarding Forward-Looking Statements and Non-GAAP Measures This presentation contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financia
Slide 3: Key 2nd Quarter 2025 Highlights
Key 2nd Quarter 2025 Highlights Q2 2025 RESULTS REVISED 2025 GUIDE REFLECTS STRONG 2H NET REVENUE ADJ GROSS PROFIT1 TOTAL REVENUE ADJUSTED EBITDA1 +9% +13% (In Millions) (In Millions) $970 - $990 $222.5 - $227.5 ADJ EBITDA1 ADJ EPS +9% $0.26 (+$0.15) 2025 Guidance 2025 Guidance Range Range Q2 2025 K
Slide 4: Q2 2025 Consolidated Results
Q2 2025 Consolidated Results 9% 13% 135bp 9% 38.5% $239.8M $92.4M $56.0M $219.9M 37.2% $51.6M $81.7M Q2 24 Q2 25 Q2 24 Q2 25 Q2 24 Q2 25 Q2 24 Q2 25 Revenue increased Adj Gross Profit1 Adj Gross Profit Adjusted EBITDA1 9% to $239.8 increased 13% to margin1 increased increased 9% to million $92.4 mil
Slide 5: YTD 2025 Consolidated Results
YTD 2025 Consolidated Results 9% 14% 150bp 10% 38.7% $464.4M $179.7M $107.3M $425.6M 37.2% $97.9M $158.2M YTD 24 YTD 25 YTD 24 YTD 25 YTD 24 YTD 25 YTD 24 YTD 25 Revenue increased Adj Gross Profit1 Adj Gross Profit Adjusted EBITDA1 9% to $464.4 increased 14% to margin1 increased increased 10% to mil
Slide 6: Priority Commerce: Personalized Payments and Banking Solutions
Priority We Provide Personalized Payments and Banking Solutions to: Commerce: Accelerate Cash Flow + Optimize Working Capital Powering an Ecosystem of Integrated Financial Collect Store Lend Send Solutions ▪ Priority Commerce Engine (PCE) is a unified platform that provides our customers a Priority
Slide 7: End Customers
Priority Commerce Engine Consumer Finance m ent Orchestrati Consumers ay it, Debit, ACH, Check, W o O d P n ) re ir Sports & (C e B pti w Small Businesses ated Partners rate Cash Flo Entertainment mize an End Customers P ta & Business (G s-Through Insuranc C king as LM D Insights apping, Recon, FID
Slide 8: Second Quarter 2025 Financial Results
Second Quarter 2025 Financial Results prioritycommerce.com 8
Slide 9: Growth in Higher Margin Operating Segments
Growth in Higher Margin Operating Segments Revenue Contribution by Segment1 Adj. Gross Profit Contribution by Segment1,2 FY 2021 Q2 2025 FY 2021 Q2 2025 B2B B2B 7.9% 3.3% B2B 10.4% B2B Enterprise 6.2% SMB 4.3% 38.3% Enterprise 21.9% Enterprise SMB 12.2% SMB Enterprise 92.4% SMB 81.6% 53.8% 67.8% B2B
Slide 10: SMB Highlights – Q2 2025
SMB Highlights – Q2 2025 Revenue Adj. Gross Profit1 Adj. EBITDA1 $163.2MM $35.4MM $27.7MM +5% YoY (1%) YoY | 21.7% Margin (3%) YoY | 17.0% Margin Q2 2025 Segment Highlights ➔ Revenue growth of 5% with strong 9.5% growth in core partially offset by run-off of historical residual purchases and lower s
Slide 11: B2B Highlights – Q2 2025
B2B Highlights – Q2 2025 Revenue Adj. Gross Profit1 Adj. EBITDA1 $25.0MM $7.3MM $3.8MM +14% YoY +31% YoY | 29.1% Margin +146% YoY | 15.1% Margin Q2 2025 Segment Highlights ➔ Revenue growth driven by 22% increase in Supplier-Funded revenues and 13% increase in Buyer-Funded revenues ➔ Adjusted Gross P
Slide 12: Enterprise Highlights – Q2 2025
Enterprise Highlights – Q2 2025 Revenue Adj. Gross Profit1 Adj. EBITDA1 $52.7MM $49.7MM $45.6MM +21% YoY +23% YoY | 94.4% Margin +22% YoY | 86.5% Margin Q2 2025 Segment Highlights ➔ CFTPay Avg Monthly New Enrollments of 58K increased 4% from 55K in Q2 2024 ➔ CFTPay Avg Number of Billed Clients incre
Slide 13: Consolidated Operating Expenses – Q2 2025
Consolidated Operating Expenses – Q2 2025 Salaries & Benefits SG&A Depreciation & Amortization $27.1MM $13.9MM $14.1MM +22% YoY +24% YoY (8%) YoY Q2 2025 Segment Highlights ➔ Higher Salaries & Benefits driven by higher stock-based comp and increased headcount including related benefits expense ➔ Inc
Slide 14: Capital Structure & Liquidity
Capital Structure & Liquidity Outstanding Debt New Senior Credit Facilities Balance as of March 31, 2025 $935.5 On July 31, 2025, Priority closed on $1.1 billion of new (+/-) Net Revolver Borrowings -- Senior Credit Facilities including a $100 million 5-year Revolver and a $1.0 billion 7-year Term L
Slide 15: Revised 2025 Financial Guidance
Revised 2025 Financial Guidance $970 – $990MM $365 – $380MM $222.5 – $227.5MM (10.0%-12.5% Growth) Total Revenue Adj. Gross Profit1 Adj. EBITDA1 Narrowing 2025 guidance range as we anticipate acceleration of organic growth in 2H 2025 based on timing of sales pipeline, impact of year over year compar
Slide 16: Appendix
Appendix prioritycommerce.com 16
Slide 17: Appendix 1 – Adjusted Gross Profit Reconciliation
Appendix 1 – Adjusted Gross Profit1 Reconciliation The reconciliation of adjusted gross profit to its most comparable GAAP measure is provided below: (in Millions) (in Millions) Three Months Ended June 30, 2025 Three Months Ended June 30, 2024 SMB B2B Enterprise Eliminations Total SMB B2B Enterprise
Slide 18: Appendix 2 – Adjusted EBITDA Reconciliation
Appendix 2 – Adjusted EBITDA1 Reconciliation The reconciliation of adjusted EBITDA to its most comparable GAAP measure is provided below: (in Millions) (in Millions) Three Months Ended June 30, 2025 Three Months Ended June 30, 2024 SMB B2B Enterprise Corporate Total SMB B2B Enterprise Corporate Tota
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