{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-003079","form_type":"8-K","ticker":"PMTS","cik":"0001641614","company_name":"CPI Card Group Inc.","filed_at":"2023-03-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.963412+00:00","generated_at":"2026-06-18T08:31:49.430238+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"CPI Card Group Q4 net sales +36% to $126.4M; FY22 record; CFO resigns; 2023 guidance mid-single digit growth","bullets":["Q4 net sales $126.4M (+36% YoY); net income $12.5M (+1,754%); Adj EBITDA $27.2M (+100%).","Full year net sales $475.7M (+27%, record); net income $36.5M (+129%); Adj EBITDA $97.7M (+28%).","2023 outlook: mid-single digit net sales growth, mid-to-high single digit Adj EBITDA growth, Free Cash Flow to more than double.","CFO Amintore Schenkel resigning for family reasons; will stay to assist transition; search for replacement underway.","Repurchased $25M of 8.625% Senior Secured Notes in 2022, $5M more in Q1 2023; year-end net leverage 3.0x."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-003079","json":"https://secwatch.observer/filing/0001558370-23-003079.json","markdown":"https://secwatch.observer/filing/0001558370-23-003079.md","text":"https://secwatch.observer/filing/0001558370-23-003079.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1641614/000155837023003079/0001558370-23-003079-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1641614/000155837023003079/pmts-20230308x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T08:31:49.430238+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"619a4e652eda46b47cbc0b9a91385121c8fc7a37","claim":"CPI Card Group Inc. updated its fourth quarter and full year ended December 31, 2022 guidance (initiated).","evidence_excerpt":"On March 8, 2023, CPI Card Group Inc. (the “Company”) issued a press release announcing financial results for its fiscal quarter ended December 31, 2022 (the “Earnings Release”).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1641614/000155837023003079/0001558370-23-003079-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year ended December 31, 2022"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"3d455d5f6e","claim":"Amintore Schenkel departed as Chief Financial Officer at CPI Card Group Inc..","evidence_excerpt":"On March 7, 2023, Amintore Schenkel informed the Company that he will be resigning from his position as Chief Financial Officer of the Company due to family-related reasons.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1641614/000155837023003079/0001558370-23-003079-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigning"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}