---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-027323"
form_type: "8-K"
ticker: "GPGI"
cik: "0001823144"
company_name: "GPGI, Inc."
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T18:43:47.302745+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CompoSecure reports record FY 2022 net sales $378.5M (+41% YoY); issues 2023 outlook $400-425M

## Summary
- FY 2022 net sales $378.5M (+41% YoY); net income $131.8M (+58%); adjusted EBITDA $136.2M (+33%).
- Q4 2022 net sales $93.8M (+25% YoY); net income $22.4M (+12%); adjusted EBITDA $30.6M (+44%).
- 2023 outlook: net sales $400-425M, adjusted EBITDA $145-155M.
- Received Visa and Mastercard approval for FIDO2 secure authentication on payment cards; pilots underway.
- Launched innovative card designs: LED Card, Lux Glass Card, Echo Mirror Card; Arculus wallet supports 10K+ coins.

## SEC filing metadata
- accession: 0001104659-23-027323
- form_type: 8-K
- ticker: GPGI
- cik: 0001823144
- company_name: GPGI, Inc.
- filed_at: 2023-03-01T23:59:59+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/1823144/000110465923027323/0001104659-23-027323-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823144/000110465923027323/tm238061d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-027323
- JSON: https://secwatch.observer/filing/0001104659-23-027323.json
- Plain text: https://secwatch.observer/filing/0001104659-23-027323.txt

## Key facts
- Earnings Releases
  GPGI, Inc. reported full year ended December 31, 2022 results: revenue $378.5 million, net income $131.8 million, EPS $1.21 (Basic) and $1.13 (Diluted) per share attributable to class A common stockholders. Guidance initiated.
  - Period: full year ended December 31, 2022
  - Revenue: $378.5 million
  - Net income: $131.8 million
  - EPS: $1.21 (Basic) and $1.13 (Diluted) per share attributable to class A common stockholders
  - Guidance: initiated
  - Result: reported results
  source text: CompoSecure Reports Record Full Year 2022 Financial Results and Issues 2023 Outlook FY Net Sales up 41% to $378.5 Million; FY Net Income up 58% to $131.8 Million; FY Adj. EBITDA up 33% to $136.2 Million Q4 Net Sales up 25% to $93.8 Million; Q4 Net Income up 12% to $22.4 Million; Q4 Adj. EBITDA up 44% to $30.6 Million Expects 2023 Net Sales Between $400-$425 Million; Adj. EBITDA Between $145-$155 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823144/000110465923027323/0001104659-23-027323-index.htm
- Earnings Releases
  GPGI, Inc. reported fourth quarter ended December 31, 2022 results: revenue $93.8 million, net income $22.4 million, EPS $0.14 (Basic) and $0.14 (Diluted) per share attributable to class A common stockholders.
  - Period: fourth quarter ended December 31, 2022
  - Revenue: $93.8 million
  - Net income: $22.4 million
  - EPS: $0.14 (Basic) and $0.14 (Diluted) per share attributable to class A common stockholders
  - Result: reported results
  source text: Q4 Net Sales up 25% to $93.8 Million; Q4 Net Income up 12% to $22.4 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823144/000110465923027323/0001104659-23-027323-index.htm

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