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XBP Europe Holdings | 10-K: FY2023 Annual Report

XBP Europe Holdings | 10-K: FY2023 Annual Report

XBP Europe Holdings | 10-K:2023财年年报
美股SEC公告 ·  04/01 17:24
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XBP Europe Holdings, a pan-European integrator of bills, payments, and related solutions, reported a consolidated revenue decrease of 7.7% to $166.6 million for the year ended December 31, 2023, compared to $180.5 million in the previous year. The company's Bills & Payments segment experienced an 11.0% decline in revenue, primarily due to the completion of one-time projects and a client contract end, partially offset by new business. Conversely, the Technology segment saw a 2.5% increase in revenue, driven by higher software license sales and technology implementation services. Net loss widened to $11.0 million from $7.9 million year-over-year, while Adjusted EBITDA decreased to $11.6 million from $14.5 million. The company's cost of revenue decreased by 6.8%, and SG&A expenses rose by 5.2%. XBP Europe Holdings also highlighted its...Show More
XBP Europe Holdings, a pan-European integrator of bills, payments, and related solutions, reported a consolidated revenue decrease of 7.7% to $166.6 million for the year ended December 31, 2023, compared to $180.5 million in the previous year. The company's Bills & Payments segment experienced an 11.0% decline in revenue, primarily due to the completion of one-time projects and a client contract end, partially offset by new business. Conversely, the Technology segment saw a 2.5% increase in revenue, driven by higher software license sales and technology implementation services. Net loss widened to $11.0 million from $7.9 million year-over-year, while Adjusted EBITDA decreased to $11.6 million from $14.5 million. The company's cost of revenue decreased by 6.8%, and SG&A expenses rose by 5.2%. XBP Europe Holdings also highlighted its investment in technology and plans to expand its client base and product offerings, including the XBP Omnidirect and Reaktr.ai platforms. The company expects to incur additional expenses as a public company and has taken steps to address regulatory requirements. Looking ahead, XBP Europe Holdings plans to continue developing strategic client relationships and leverage its solutions across European markets.
泛欧账单、支付及相关解决方案一体化集成商XBP Europe Holdings报告称,截至2023年12月31日的一年中,其综合营收下降了7.7%,降至1.666亿美元,而上一年为1.805亿美元。该公司的账单和支付业务板块收入下降了11.0%,主要是由于一次性项目的完成和客户合同终止,部分抵消了新业务的增长。相反,技术板块的营业收入增长了2.5%,主要是由于更高的软件许可销售和技术实施服务。净亏损从去年的790万美元增加到了1100万美元,而调整后的EBITDA从1450万美元降至1160万美元。该公司的营业成本下降了6.8%,而SG&A费用却增长了5.2%。XBP Europe Holdi...展开全部
泛欧账单、支付及相关解决方案一体化集成商XBP Europe Holdings报告称,截至2023年12月31日的一年中,其综合营收下降了7.7%,降至1.666亿美元,而上一年为1.805亿美元。该公司的账单和支付业务板块收入下降了11.0%,主要是由于一次性项目的完成和客户合同终止,部分抵消了新业务的增长。相反,技术板块的营业收入增长了2.5%,主要是由于更高的软件许可销售和技术实施服务。净亏损从去年的790万美元增加到了1100万美元,而调整后的EBITDA从1450万美元降至1160万美元。该公司的营业成本下降了6.8%,而SG&A费用却增长了5.2%。XBP Europe Holdings还强调了其对科技的投资以及扩大客户群和产品范围的计划,包括XBP Omnidirect和Reaktr.ai平台。该公司预计将承担上市公司的额外支出,并采取措施应对监管要求。展望未来,XBP Europe Holdings计划继续发展战略客户关系,并在欧洲市场上利用其解决方案。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息