---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-006601"
form_type: "8-K"
ticker: "PMTS"
cik: "0001641614"
company_name: "CPI Card Group Inc."
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T08:17:07.352168+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CPI Card Group acquires Arroweye for $45.55M; Q1 net sales up 10% to $122.8M, net income down 12%

## Summary
- Acquired Arroweye Solutions for $45.55M cash; Arroweye expected to generate mid-$50M annual revenue in 2025.
- Q1 net sales $122.8M (+10% YoY); net income $4.8M (-12%); diluted EPS $0.40.
- Adjusted EBITDA fell 8% to $21.2M; gross margin contracted to 33.2% from 37.1%.
- 2025 organic growth outlook reaffirmed: mid-to-high single-digit net sales and Adjusted EBITDA growth, excluding Arroweye.
- Debit & Credit segment net sales up 10% to $96.5M; Prepaid Debit up 10% to $26.7M.

## SEC filing metadata
- accession: 0001558370-25-006601
- form_type: 8-K
- ticker: PMTS
- cik: 0001641614
- company_name: CPI Card Group Inc.
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641614/000155837025006601/0001558370-25-006601-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641614/000155837025006601/pmts-20250506x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-006601
- JSON: https://secwatch.observer/filing/0001558370-25-006601.json
- Plain text: https://secwatch.observer/filing/0001558370-25-006601.txt

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