Previous Close | 2.2300 |
Open | 2.2300 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's Range | 2.0500 - 2.2300 |
52 Week Range | 1.1400 - 47.4000 |
Volume | |
Avg. Volume | 1,321,930 |
Market Cap | 61.841M |
Beta (5Y Monthly) | -0.44 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
First Quarter Highlights ● Revenue of $40.4 million, down 5.7% year-over-year (7.3% on a constant currency basis)● Gross margin grew to 24.6%, a 270 bps increase sequentially and 250 bps increase year-over-year● Net loss of $2.2 million includes $0.8 million of FX losses ● High margin Technology segment grew to 28.4% of revenues, a 120 bps increase sequentially and 690 bps increase year-over-year● Awarded a multi-year contract with His Majesty’s Passport Office (“HMPO”) for a nationwide project
NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- XBP Europe (“XBP Europe” or the “Company”) (NASDAQ: XBP and XBPEW), today announced that the Company has been selected by His Majesty’s Passport Office (“HMPO”) as its technology and services partner on a nationwide project, which aims to make documents dating back to 1837 digitally available to the General Register Office (“GRO”). This multi-year contract in the UK has an approximate total contract value of $40 million. A duty to the publicThe GRO, par
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 millionHigh margin Technology segment grows year-over-year to 27% of total revenue in 2023 compared to 24% in 2022Gross margin at 23%, which is inclusive of the restructuring chargesWon a ~$48 million TCV contract in 2023, the largest contract win of the past five yearsWon ~$58 millio