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8-K: XBP Europe Holdings, Inc. Reports Third Quarter 2024 Results

8-K: XBP Europe Holdings, Inc. Reports Third Quarter 2024 Results

8-K:XBP 欧洲控股公司公布2024年第三季度业绩
美股SEC公告 ·  2024/11/13 06:23

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XBP Europe Holdings reported Q3 2024 revenue of $35.4M, down 5.6% YoY but up 5.5% QoQ. Operating profit increased significantly to $2.5M, up $2.2M YoY, while gross margin improved to 32.6%, an 800 bps increase YoY. The company posted a net loss of $2.8M, including $0.7M in FX losses.The Bills & Payments segment generated revenue of $24.6M, declining 3.1% YoY due to lower postage revenue and volumes, while Technology segment revenue decreased 10.8% YoY to $10.8M. Adjusted EBITDA from continuing operations reached $4.8M, more than doubling YoY with a margin expansion to 13.7%.The company announced plans to divest its on-demand printing operation, which generated $6.8M in YTD revenue with negative $3.3M Adjusted EBITDA. XBP Europe maintained adequate liquidity with $7.8M in cash and additional funding available through secured facilities, including a €15M factoring facility.
XBP Europe Holdings reported Q3 2024 revenue of $35.4M, down 5.6% YoY but up 5.5% QoQ. Operating profit increased significantly to $2.5M, up $2.2M YoY, while gross margin improved to 32.6%, an 800 bps increase YoY. The company posted a net loss of $2.8M, including $0.7M in FX losses.The Bills & Payments segment generated revenue of $24.6M, declining 3.1% YoY due to lower postage revenue and volumes, while Technology segment revenue decreased 10.8% YoY to $10.8M. Adjusted EBITDA from continuing operations reached $4.8M, more than doubling YoY with a margin expansion to 13.7%.The company announced plans to divest its on-demand printing operation, which generated $6.8M in YTD revenue with negative $3.3M Adjusted EBITDA. XBP Europe maintained adequate liquidity with $7.8M in cash and additional funding available through secured facilities, including a €15M factoring facility.
XBP 欧洲控股公司报告了 2024 年第三季度的营业收入为 3540万美元,同比下降 5.6%,但环比增长 5.5%。营业利润显著增加至 250万美元,同比增加 220万美元,而毛利率提升至 32.6%,同比增加 800 个基点。公司公布了 280万美元的净亏损,其中包括 70万美元的外汇期货损失。账单和支付部门的营业收入为 2460万美元,同比下降 3.1%,这是由于邮寄收入和交易量的减少,而科技部门的营业收入同比下降 10.8%,降至 1080万美元。持续经营的调整后 EBITDA 达到 480万美元,同比增加超过一倍,毛利率扩大至 13.7%。该公司宣布计划剥离其按需印刷的事件控件,该事件控件在今年迄今的营业收入为 680万美元,调整后 EBITDA 为负 330万美元。XBP 欧洲保持了充足的流动性,现金为 780万美元,并通过担保融资渠道获得了额外资金,其中包括 1500万欧元的保理融资。
XBP 欧洲控股公司报告了 2024 年第三季度的营业收入为 3540万美元,同比下降 5.6%,但环比增长 5.5%。营业利润显著增加至 250万美元,同比增加 220万美元,而毛利率提升至 32.6%,同比增加 800 个基点。公司公布了 280万美元的净亏损,其中包括 70万美元的外汇期货损失。账单和支付部门的营业收入为 2460万美元,同比下降 3.1%,这是由于邮寄收入和交易量的减少,而科技部门的营业收入同比下降 10.8%,降至 1080万美元。持续经营的调整后 EBITDA 达到 480万美元,同比增加超过一倍,毛利率扩大至 13.7%。该公司宣布计划剥离其按需印刷的事件控件,该事件控件在今年迄今的营业收入为 680万美元,调整后 EBITDA 为负 330万美元。XBP 欧洲保持了充足的流动性,现金为 780万美元,并通过担保融资渠道获得了额外资金,其中包括 1500万欧元的保理融资。
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