Priority Income Fund Inc is a US-based company operating in industry. The company is headquartered in New York City, New York. The company went IPO on 2023-05-10. Priority Income Fund, Inc. is an externally managed, non-diversified, closed-end investment management company. The Company’s investment objective is to generate current income, and as a secondary objective, long-term capital appreciation. The firm seeks to achieve its investment objective by investing primarily in entities that in turn own a pool of senior secured loans made to companies whose debt is rated below investment grade or, in limited circumstances, unrated, which it collectively refers to as Senior Secured Loans. The firm has invested primarily in the equity and junior debt tranches of a type of pool of Senior Secured Loans known as Collateralized Loan Obligations (CLO). The firm intends to invest in Senior Secured Loans directly (either in the primary or secondary markets). The firm is managed by Priority Senior Secured Income Management, LLC.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue
123
132
160
210
170
96
Revenue Growth (YoY)
-24%
-18%
-24%
24%
77%
56.99%
Cost of Revenue
116
131
156
203
159
86
Gross Profit
6
1
3
6
11
10
Selling, General & Admin
12
9
14
18
18
5
Research & Development
--
--
--
--
--
--
Operating Expenses
12
9
14
18
18
5
Other Non Operating Income (Expenses)
0
0
0
0
0
0
Pretax Income
-5
-7
-11
-12
-6
5
Income Tax Expense
0
0
0
0
0
1
Net Income
-5
-7
-11
-11
-6
3
Net Income Growth
-38%
-36%
0%
83%
-300%
200%
Shares Outstanding (Diluted)
2.17
2.17
2.14
1.8
1.5
1.3
Shares Change (YoY)
0%
1%
19%
20%
15%
-19%
EPS (Diluted)
-2.53
-3.66
-5.35
-6.38
-4.26
2.76
EPS Growth
-32%
-32%
-16%
50%
-254%
273%
Free Cash Flow
4
0
-13
-13
-19
6
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
4.87%
0.75%
1.87%
2.85%
6.47%
10.41%
Operating Margin
-4.06%
-6.06%
-6.25%
-5.71%
-4.11%
5.2%
Profit Margin
-4.06%
-5.3%
-6.87%
-5.23%
-3.52%
3.12%
Free Cash Flow Margin
3.25%
0%
-8.12%
-6.19%
-11.17%
6.25%
EBITDA
-5
-8
-10
-12
-7
5
EBITDA Margin
-4.06%
-6.06%
-6.25%
-5.71%
-4.11%
5.2%
D&A For EBITDA
0
0
0
0
0
0
EBIT
-5
-8
-10
-12
-7
5
EBIT Margin
-4.06%
-6.06%
-6.25%
-5.71%
-4.11%
5.2%
Effective Tax Rate
0%
0%
0%
0%
0%
20%
Follow-Up Questions
What are Priority Income Fund Inc's key financial statements?
According to the latest financial statement (Form-10K), Jowell Global Ltd has a total asset of $25, Net loss of $-7
What are the key financial ratios for PRIF?
Jowell Global Ltd's Current ratio is 3.12, has a Net margin is -5.3, sales per share of $60.81.
How is Priority Income Fund Inc's revenue broken down by segment or geography?
Jowell Global Ltd largest revenue segment is Household Products, at a revenue of 62,754,927 in the most earnings release.For geography, China is the primary market for Jowell Global Ltd, at a revenue of 132,981,530.
Is Priority Income Fund Inc profitable?
no, according to the latest financial statements, Jowell Global Ltd has a net loss of $-7
Does Priority Income Fund Inc have any liabilities?
yes, Jowell Global Ltd has liability of 8
How many outstanding shares for Priority Income Fund Inc?
Jowell Global Ltd has a total outstanding shares of 2.17