---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-113967"
form_type: "8-K"
ticker: "GPGI"
cik: "0001823144"
company_name: "GPGI, Inc."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T15:14:45.693391+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CompoSecure reports record Q3 net sales $103.3M, up 56% YoY; raises 2022 EBITDA outlook

## Summary
- Net Sales record $103.3M (+56% YoY); Net Income $21.9M (+17% YoY); Adjusted EBITDA record $32.7M (+33% YoY).
- Raises 2022 Adjusted EBITDA guidance to $130-137M (from $110-120M); Net Sales guidance narrowed to $370-380M.
- International Net Sales up >35% YoY to $19.5M; added Walmart.com and Newegg.com as Arculus distribution channels.
- Appointed fintech and banking veteran Paul Galant to the Board of Directors.
- Balance sheet: cash $15.4M, total debt $373.1M; shares outstanding ~76.3M.

## SEC filing metadata
- accession: 0001104659-22-113967
- form_type: 8-K
- ticker: GPGI
- cik: 0001823144
- company_name: GPGI, Inc.
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823144/000110465922113967/0001104659-22-113967-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823144/000110465922113967/tm2229462d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-113967
- JSON: https://secwatch.observer/filing/0001104659-22-113967.json
- Plain text: https://secwatch.observer/filing/0001104659-22-113967.txt

## Key facts
- Earnings Releases
  GPGI, Inc. reported the quarter ended September 30, 2022 results: revenue $103.3 million, net income $21.9 million, EPS $0.18 per basic and diluted share. Guidance raised.
  - Period: the quarter ended September 30, 2022
  - Revenue: $103.3 million
  - Net income: $21.9 million
  - EPS: $0.18 per basic and diluted share
  - Guidance: raised
  - Result: reported results
  source text: CompoSecure Reports Record Third Quarter 2022 Financial Results and Raises 2022 Guidance - Net Sales up 56% YoY to a Record $103.3 Million - - Net Income up 17% YoY to $21.9 Million or $0.18 EPS - - Adjusted EBITDA up 33% YoY to a Record $32.7 Million - - Expects 2022 Net Sales at the High End of Guidance; Raises 2022 Adjusted EBITDA Outlook
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823144/000110465922113967/0001104659-22-113967-index.htm
- Earnings Releases
  GPGI, Inc. updated its 2022 guidance (raised).
  - Period: 2022
  - Guidance: raised
  - Result: guidance update
  source text: The Company is narrowing its Net Sales range for 2022 to the high end of our previously announced guidance and now expects Net Sales for the year between $370-$380 million (previously $355-$380 million) reflecting an approximate 40% increase from 2021 at the midpoint. CompoSecure is also increasing its 2022 outlook for Adjusted EBITDA and now expects it to range from $130-137 million (previously $110-120 million) reflecting an increase of approximately 31% from 2021 at the midpoint.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823144/000110465922113967/0001104659-22-113967-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.