---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-004556"
form_type: "8-K"
ticker: "XBP"
cik: "0001839530"
company_name: "XBP Global Holdings, Inc."
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:54:57.689397+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# XBP Europe FY2023 revenue $166.6M, down 7.7%; net loss $11.0M; Adjusted EBITDA $11.6M

## Summary
- Revenue fell 7.7% YoY to $166.6M; Bills & Payments segment down 11%, Technology segment up 2.5%.
- Net loss of $11.0M vs. $7.9M loss in 2022, driven by $6.7M restructuring charge.
- Adjusted EBITDA of $11.6M (7.0% margin) vs. $14.5M (8.0% margin) in 2022.
- Won ~$48M TCV contract (largest in five years) and ~$58M of ACV in 2023.
- Closed business combination with CF Acquisition Corp VIII in late 2023; received $5.2M net proceeds.

## SEC filing metadata
- accession: 0001558370-24-004556
- form_type: 8-K
- ticker: XBP
- cik: 0001839530
- company_name: XBP Global Holdings, Inc.
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839530/000155837024004556/0001558370-24-004556-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839530/000155837024004556/tmb-20240401x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-004556
- JSON: https://secwatch.observer/filing/0001558370-24-004556.json
- Plain text: https://secwatch.observer/filing/0001558370-24-004556.txt

## Key facts
- Earnings Releases
  XBP Global Holdings, Inc. reported the fiscal quarter and year ended December 31, 2023 results: revenue $166.6 million, net income $11.0 million.
  - Period: the fiscal quarter and year ended December 31, 2023
  - Revenue: $166.6 million
  - Net income: $11.0 million
  - Result: reported results
  source text: except as required by law. ​ --- EX-99.1 (EX-99.1) --- ​ XBP Europe Holdings, Inc. Reports Full Year 2023 Results April 1, 2024 Full Year Highlights ● 2023 revenue of $166.6 million, down 7.7% year-over-year (8.4% on a constant currency basis) ● Net loss of $11.0 million includes restructuring charges of $6.7 million and transaction fees of $3.0 million ●
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839530/000155837024004556/0001558370-24-004556-index.htm

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