---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-003009"
form_type: "8-K"
ticker: "PMTS"
cik: "0001641614"
company_name: "CPI Card Group Inc."
filed_at: "2022-03-08T23:59:59+00:00"
generated_at: "2026-06-27T00:48:30.817874+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CPI Card Group: FY2021 net sales +20% to $375.1M; Q4 Adj EBITDA -23%; sees mid-single-digit growth in 2022

## Summary
- Full year net sales $375.1M (+20% YoY), net income $15.9M (-1%), EPS $1.36; Adj EBITDA $76.4M (+33%).
- Q4 net sales $93.2M (+11%), net income $0.7M (-91%), Adj EBITDA $13.6M (-23%) due to labor cost increases and higher SG&A.
- Debit & Credit segment net sales $296.2M (+18% FY); Prepaid Debit $79.2M (+25% FY).
- Company expects mid-single-digit net sales and Adjusted EBITDA growth in 2022; margin similar to FY2021.
- Announces $20M paydown of 8.625% senior secured notes due 2026 at 103% of par.

## SEC filing metadata
- accession: 0001558370-22-003009
- form_type: 8-K
- ticker: PMTS
- cik: 0001641614
- company_name: CPI Card Group Inc.
- filed_at: 2022-03-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1641614/000155837022003009/0001558370-22-003009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641614/000155837022003009/pmts-20220308x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-003009
- JSON: https://secwatch.observer/filing/0001558370-22-003009.json
- Plain text: https://secwatch.observer/filing/0001558370-22-003009.txt

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