earnings
confidence high
sentiment neutral
materiality 0.60
XBP Europe Q1 revenue $37.7M, Adj EBITDA $3.7M (+25.6% YoY), net loss $3.9M due to stock comp
XBP Global Holdings, Inc.
2025-Q1 EPS reported
-$0.14
revenue$191,979,000
- Revenue $37.7M, down 1.2% YoY but up 5.7% sequentially; gross margin 30.1% (+380 bps YoY).
- Adj EBITDA $3.7M (+25.6% YoY), margin 9.8% (+210 bps YoY); operating loss $1.8M on $3.8M non-cash stock comp.
- Net loss from continuing ops $3.9M; adjusted net loss $0M vs net loss $0.9M a year ago.
- Cash $9.7M at March 31, 2025; pending non-binding LOI to acquire Exela BPA, pro forma revenue ~$1B.
- Technology segment revenue $11.4M (+16% sequentially); Bills & Payments $26.3M (+1.8% sequentially).