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

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

8-K:XBP 歐洲控股公司公佈2024年第二季度業績
美股SEC公告 ·  08/12 09:35
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On August 12, 2024, XBP Europe Holdings, Inc., a pan-European integrator of bills and payments, reported its financial results for the second quarter ended June 30, 2024. The company experienced a revenue decline of 14.8% year-over-year to $36.1 million, primarily due to the completion of projects and client contract ends, despite new business impacts. Gross margin fell to 18.4%, and the company reported a net loss of $4.7 million, which included $0.7 million of foreign exchange losses. The quarter also saw an active revenue ramp of approximately $25 million in Annual Contract Value and a strategic financing transaction with HSBC, providing up to $33 million of incremental liquidity. CEO Andrej Jonovic expressed optimism for the remainder of the year, citing a strong sales funnel and the upcoming launch of large public sector contracts. The company's cash and cash equivalents stood at $15.6 million as of June 30, 2024. XBP Europe also posted an investor presentation on its website and filed the full details of its financial results with the SEC.
On August 12, 2024, XBP Europe Holdings, Inc., a pan-European integrator of bills and payments, reported its financial results for the second quarter ended June 30, 2024. The company experienced a revenue decline of 14.8% year-over-year to $36.1 million, primarily due to the completion of projects and client contract ends, despite new business impacts. Gross margin fell to 18.4%, and the company reported a net loss of $4.7 million, which included $0.7 million of foreign exchange losses. The quarter also saw an active revenue ramp of approximately $25 million in Annual Contract Value and a strategic financing transaction with HSBC, providing up to $33 million of incremental liquidity. CEO Andrej Jonovic expressed optimism for the remainder of the year, citing a strong sales funnel and the upcoming launch of large public sector contracts. The company's cash and cash equivalents stood at $15.6 million as of June 30, 2024. XBP Europe also posted an investor presentation on its website and filed the full details of its financial results with the SEC.
2024年8月12日,歐洲XBP控股公司(一家泛歐洲的票據和支付整合商)公佈了截至2024年6月30日第二季度的財務結果。儘管新業務產生影響,但公司營業收入同比下降14.8% 至3610萬美元,主要是由於項目完成和客戶合同結束所致。毛利率下降至18.4%,公司報告的淨虧損爲470萬美元,其中包括70萬美元的匯率期貨損失。這一季度還看到了約2,500萬美元的年合同價值活躍收入和與匯豐銀行的戰略融資交易,提供高達3,300萬美元的額外流動性。首席執行官安德烈·約諾維奇對今年剩餘時間表達了樂觀情緒,稱銷售流程強勁,即將推出大型公共部門合同。截至2024年6月30日,公司的現金及現金等價物爲1560萬美元。XBP歐洲還在其網站上發佈了投資者介紹,向SEC提交了其財務結果的全部細節。
2024年8月12日,歐洲XBP控股公司(一家泛歐洲的票據和支付整合商)公佈了截至2024年6月30日第二季度的財務結果。儘管新業務產生影響,但公司營業收入同比下降14.8% 至3610萬美元,主要是由於項目完成和客戶合同結束所致。毛利率下降至18.4%,公司報告的淨虧損爲470萬美元,其中包括70萬美元的匯率期貨損失。這一季度還看到了約2,500萬美元的年合同價值活躍收入和與匯豐銀行的戰略融資交易,提供高達3,300萬美元的額外流動性。首席執行官安德烈·約諾維奇對今年剩餘時間表達了樂觀情緒,稱銷售流程強勁,即將推出大型公共部門合同。截至2024年6月30日,公司的現金及現金等價物爲1560萬美元。XBP歐洲還在其網站上發佈了投資者介紹,向SEC提交了其財務結果的全部細節。
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