PMTS
CPI Card Group Inc.16.58
+0.15+0.91%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
188.81MP/E (TTM)
13.82Basic EPS (TTM)
1.20Dividend Yield
0%Recent Filings
8-K
8-K
Q2 sales up 9%, Arroweye shines
CPI Card Group reported Q2 net sales up 9% to $129.8 million, surging 15% excluding a one-time accounting change, fueled by Arroweye's $10 million contribution in under two months post its $45.6 million May acquisition, plus debit/credit card and instant issuance growth. Yet net income plunged 91% to $0.5 million from acquisition costs, restructuring, and tariff-driven margin erosion to 30.9%. Adjusted EBITDA rose 3% to $22.5 million. Arroweye acquisition boosts diversification.
10-Q
Q2 FY2025 results
CPI Card Group posted solid Q2 FY2025 results, with total net sales climbing 9.2% year-over-year to $129.8M, fueled by a 26.8% surge in products revenue to $81.0M from the Debit and Credit segment, including Arroweye's on-demand card contributions, though services dipped 11.2% to $48.8M due to accounting shifts on work-in-process orders. Gross margin slipped to 30.9% from 35.7%, pressured by sales mix and rising tariffs, while operating income fell 36.8% to $9.4M amid higher acquisition costs; net income dropped sharply to $0.5M or $0.04 diluted EPS from $6.0M or $0.51, with the EPS decline partly from anti-dilutive effects on 9,363 shares. The $46.0M all-cash Arroweye buy closed May 6, 2025, adding $1.1M goodwill and $12.4M intangibles amortized over 2.5-15 years, boosting Debit and Credit assets. Cash stood at $17.1M with $42.9M ABL availability, total debt at $310.9M including $285.0M 10% senior notes due 2029, and free cash flow hit $0.8M (derived) after $9.1M capex. Yet tariffs continue to squeeze margins.
8-K
Expands credit, redeems notes
CPI Card Group boosted its ABL revolver to $100 million from $75 million via Amendment No. 1 on July 2, 2025, enhancing liquidity for operations. It also announced redemption of $20 million of its $285 million 10% senior notes due 2029 at 103% of par, set for July 15, 2025. This dual move strengthens capital flexibility amid ongoing debt management.
8-K
Annual meeting elects directors
CPI Card Group Inc. held its 2025 annual stockholder meeting on May 21, electing eight directors—Thomas Furey, John Lowe, Ravi Mallela, Lisa Oleson, Nicholas Peters, H. Sanford Riley, Marc Sheinbaum, and Valerie Soranno Keating—to one-year terms with strong support exceeding 8.3 million votes for each. Stockholders ratified KPMG LLP as independent auditors for the year ending December 31, 2025, with 9.8 million votes in favor. They also approved executive compensation on an advisory basis, 8.1 million to 134,861 against. Board continuity signals steady governance.
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