PAR Technology Corp

Common Name

PAR Technology

Country

United States

Sector

Technology

Industry

Software - Application

Employees

1,581

Ticker

PAR

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.partech.com

Description

Par Technology Corporation engages in the provision of innovative technology solutions internationally, primarily focusing on the hospitality industry. The company's offerings encompass a range of har... Show more

Financial Statements of PAR Technology

Below are the financial statements of PAR Technology, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023	2022
Revenues, net	—	—	—
Subscription service	207.42^a	122.6^a	97.5^a
Hardware	87.04^a	103.39^a	114.41^a
Professional service	55.52^a	50.73^a	50.44^a
Total revenues, net	349.98^a	276.71^a	262.35^a
Cost of sales	—	—	—
Subscription service	-96.52^a	-63.74^a	-47.42^a
Hardware	-65.92^a	-80.32^a	-92.22^a
Professional service	-41.42^a	-43.21^a	-40.98^a
Total cost of sales	-203.86^a	-187.27^a	-180.63^a
Gross margin	146.12^a	89.45^a	81.72^a
Operating expenses	—	—	—
Sales and marketing	-41.71^a	-38.51^a	-34.9^a
General and administrative	-108.9^a	-72.14^a	-69.77^a
Research and development	-67.26^a	-58.36^a	-48.64^a
Amortization of identifiable intangible assets	-8.45^a	-1.86^a	-1.86^a
Adjustment to contingent consideration liability	-0.6^a	-9.2^a	-4.4^a
Gain on insurance proceeds	-0.5^a	-0.5^a	0^a
Total operating expenses	-225.22^a	-161.17^a	-150.78^a
Operating loss	-79.1^a	-71.72^a	-69.06^a
Other income (expense), net	1.15^a	-0.49^a	-1.07^a
Loss on extinguishment of debt	-6.56^a	-0.64^a	0^a
Interest expense, net	-10.17^a	-6.93^a	-8.81^a
Loss from continuing operations before income taxes	-94.68^a	-79.77^a	-78.94^a
Benefit from (provision for) income taxes	-4.77^a	-1.85^a	-1.13^a
Net loss from continuing operations	-89.91^a	-81.62^a	-80.07^a
Net income from discontinued operations	84.92^a	11.87^a	10.75^a
Net loss	-4.99^a	-69.75^a	-69.32^a

Verified Sources Behind PAR Technology’s Financial Fundamentals Data

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a. PAR Technology's 10-K 2024

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PAR Technology Corp

Financial Statements of PAR Technology

Verified Sources Behind PAR Technology’s Financial Fundamentals Data

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