---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-031476"
form_type: "8-K"
ticker: "GPGI"
cik: "0001823144"
company_name: "GPGI, Inc."
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:52:09.301746+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CompoSecure Q4 net sales $99.9M (+7% YoY), net income $31M (+39%); $40M buyback

## Summary
- Q4 net sales $99.9M (+7% YoY); net income $31M (+39%); adjusted EBITDA $37.2M (+22%).
- FY2023 net sales $390.6M (+3% YoY); adjusted EBITDA $145M (+6%); net income $112.5M vs $131.8M.
- FY2024 guidance: net sales $408-$428M, adjusted EBITDA $147-$157M.
- Board authorized up to $40M repurchase of common stock, warrants, and convertible notes over 3 years.
- Credit agreement amended to permit repurchases up to $40M at any time.

## SEC filing metadata
- accession: 0001104659-24-031476
- form_type: 8-K
- ticker: GPGI
- cik: 0001823144
- company_name: GPGI, Inc.
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823144/000110465924031476/0001104659-24-031476-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823144/000110465924031476/tm248036d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-031476
- JSON: https://secwatch.observer/filing/0001104659-24-031476.json
- Plain text: https://secwatch.observer/filing/0001104659-24-031476.txt

## Key facts
- Earnings Releases
  GPGI, Inc. updated its the fourth quarter and full year ended December 31, 2023 guidance (reaffirmed).
  - Period: the fourth quarter and full year ended December 31, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: On March 6, 2024, the Company issued a press release announcing its financial results for the full year 2023 and the three months ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823144/000110465924031476/0001104659-24-031476-index.htm
- Material Agreements
  GPGI, Inc. amended Amendment No. 2 to Third Amended and Restated Credit Agreement with JPMorgan Chase Bank, National Association, as administrative agent, and the lenders party thereto valued at not to exceed $40,000,000 (effective 2024-03-01).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, National Association, as administrative agent, and the lenders party thereto
  - Value: not to exceed $40,000,000
  - Effective: 2024-03-01
  source text: On March 1, 2024, CompoSecure Holdings, L.L.C. (“Holdings”), CompoSecure, L.L.C. (“CompoSecure”), Arculus Holdings, L.L.C. (“Arculus” and collectively with Holdings and CompoSecure, the “Companies”), JPMorgan Chase Bank, National Association, as administrative agent (“JPMC”), and the lenders party thereto, entered into Amendment No. 2 to Third Amended and Restated Credit Agreement (the “Second Amendment”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823144/000110465924031476/0001104659-24-031476-index.htm

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