secwatch.observer — SEC 8-K summary
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Issuer:     CIMPRESS plc (CMPR)
CIK:        0001262976
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001262976-24-000061
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cimpress Q4 revenue $833M (+6% YoY); Adj. EBITDA $119M; FY2024 record revenue and EBITDA
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- Q4 revenue $832.6M (+6% YoY); operating income $66.3M (+$12.4M); Adj. EBITDA $119.4M (+$5.4M).
- FY2024 record: revenue $3.29B (+7%), Adj. EBITDA $468.7M (+$128.9M), Adj. FCF $261.1M (+$237.7M).
- Repurchased 0.6M shares for $56.3M in Q4 (avg $88.20); FY2024 total 1.7M shares for $157M (avg $91.09).
- Net leverage improved to 2.97x from 3.90x; targeting ~2.5x in FY2025; expects $12M lower cash interest.
- Outlook: mid-single-digit revenue growth, EBITDA growing faster, FCF conversion 45-50% over multi-year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1262976/000126297624000061/0001262976-24-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1262976/000126297624000061/cmpr-20240731.htm
  HTML page:      https://secwatch.observer/filing/0001262976-24-000061

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer