---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-012507"
form_type: "8-K"
ticker: "PMTS"
cik: "0001641614"
company_name: "CPI Card Group Inc."
filed_at: "2022-08-08T23:59:59+00:00"
generated_at: "2026-06-24T02:50:33.745736+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CPI Card Group Q2 sales up 22% to record $113M; raises full-year outlook

## Summary
- Net sales $113.3M (+22% YoY); net income $6.2M (-1%); Adj. EBITDA $19.7M (+2%).
- Debit & Credit segment sales +29% to $94.2M; Prepaid Debit -6% to $19.2M.
- Raised 2022 outlook: now expects high teens net sales growth, low double-digit Adj. EBITDA growth.
- Sold nearly 80M eco-focused cards since late 2019; ~14,000 Card@Once installations.
- Net leverage ratio 4x; reduced senior secured notes by $20M; increased ABL facility to $75M.

## SEC filing metadata
- accession: 0001558370-22-012507
- form_type: 8-K
- ticker: PMTS
- cik: 0001641614
- company_name: CPI Card Group Inc.
- filed_at: 2022-08-08T23:59:59+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/1641614/000155837022012507/0001558370-22-012507-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641614/000155837022012507/pmts-20220808x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-012507
- JSON: https://secwatch.observer/filing/0001558370-22-012507.json
- Plain text: https://secwatch.observer/filing/0001558370-22-012507.txt

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