---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-057437"
form_type: "8-K"
ticker: "GPGI"
cik: "0001823144"
company_name: "GPGI, Inc."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T22:20:27.797608+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CompoSecure reports record Q1 revenue, declares special dividend of $0.30/share

## Summary
- Q1 net sales $104.0M (+9% YoY), net income $17.1M (+59% YoY), adjusted EBITDA $37.8M (+6% YoY).
- Declares special cash dividend of $0.30/share, total ~$24.2M, payable June 11 to holders of record May 20.
- Cash and equivalents $55.1M; total debt $335.6M; secured debt leverage ratio 1.34x.
- Reiterates FY2024 guidance: net sales $408-428M, adjusted EBITDA $147-157M.
- Customer programs launched include Robinhood Gold Card, Delta Reserve card from recycled airplane.

## SEC filing metadata
- accession: 0001104659-24-057437
- form_type: 8-K
- ticker: GPGI
- cik: 0001823144
- company_name: GPGI, Inc.
- filed_at: 2024-05-06T23:59:59+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/1823144/000110465924057437/0001104659-24-057437-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823144/000110465924057437/tm2413480d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-057437
- JSON: https://secwatch.observer/filing/0001104659-24-057437.json
- Plain text: https://secwatch.observer/filing/0001104659-24-057437.txt

## Key facts
- Earnings Releases
  GPGI, Inc. reported first quarter ended March 31, 2024 results: revenue $104.0 million, net income $17.1 million, EPS $0.20 (Basic) and $0.17 (Diluted). Guidance reaffirmed.
  - Period: first quarter ended March 31, 2024
  - Revenue: $104.0 million
  - Net income: $17.1 million
  - EPS: $0.20 (Basic) and $0.17 (Diluted)
  - Guidance: reaffirmed
  - Result: reported results
  source text: CompoSecure Reports Record First Quarter 2024 Financial Results and Declares Special Cash Dividend Q1 Net Sales up 9% to $104.0 Million; Q1 Net Income up 59% to $17.1 Million;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823144/000110465924057437/0001104659-24-057437-index.htm

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