---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-002094"
form_type: "8-K"
ticker: "PMTS"
cik: "0001641614"
company_name: "CPI Card Group Inc."
filed_at: "2025-03-04T23:59:59+00:00"
generated_at: "2026-05-25T14:08:55.017712+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CPI Card Group Q4 net sales up 22% to $125M; net income up 148%; guides mid-to-high single-digit growth for 2025

## Summary
- Q4 net sales $125.1M (+22% YoY); net income $6.8M (+148%); diluted EPS $0.57.
- Full yr net sales $480.6M (+8%); net income $19.5M (-19% due to $8.8M debt refinancing costs); Adj EBITDA $91.9M (+3%).
- Prepaid Debit segment net sales $106.5M (+26% YoY); driven by higher-value packaging and healthcare payment solutions.
- 2025 outlook: mid-to-high single-digit net sales & Adj EBITDA growth; Free Cash Flow slightly below 2024; Net Leverage below 3.0x.
- Completed debt refinancing: $285M 10% Senior Secured Notes due 2029, new $75M ABL revolver.

## SEC filing metadata
- accession: 0001558370-25-002094
- form_type: 8-K
- ticker: PMTS
- cik: 0001641614
- company_name: CPI Card Group Inc.
- filed_at: 2025-03-04T23:59:59+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/1641614/000155837025002094/0001558370-25-002094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641614/000155837025002094/pmts-20250304x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-002094
- JSON: https://secwatch.observer/filing/0001558370-25-002094.json
- Plain text: https://secwatch.observer/filing/0001558370-25-002094.txt

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