CompoSecure posted Q4 2024 revenue of $100.9 million, up 1% year-over-year. Despite higher sales, the company reported a net loss of $48.4 million, driven by changes in fair value liabilities. Adjusted EPS came in at $0.20 (diluted), reflecting a decrease from the previous year. Adjusted EBITDA declined by 10% to $33.6 million due to investments in M&A capabilities.
CompoSecure reported strong Q3 2024 results, featuring double-digit growth in both Net Sales and Adjusted EBITDA. The company signed a two-year contract extension with Capital One. While a GAAP Net Loss was reported due to non-cash items, Adjusted Net Income increased by 18% year-over-year.
CompoSecure announced record second-quarter results, with net sales up 10% to $108.6 million and net income up 3% to $33.6 million. Adjusted EBITDA increased by 8% to $40.0 million. The company narrowed its full-year guidance, expecting net sales between $418-$428 million and adjusted EBITDA between $150-$157 million.
CompoSecure announced its Q1 2024 financial results, reporting a 9% increase in net sales to $104.0 million and a 59% increase in net income to $17.1 million. The company's adjusted EBITDA rose by 6% to $37.8 million. CompoSecure declared a special cash dividend of $0.30 per share, reflecting its strong cash position and commitment to shareholder value.
CompoSecure reported a 7% increase in Q4 net sales to $100 million and a 39% increase in net income to $31 million. Adjusted EBITDA increased by 22% to $37 million. The company issued 2024 guidance for net sales between $408-$428 million and adjusted EBITDA between $147-$157 million and also announced a securities repurchase program of up to $40 million.
CompoSecure reported its Q3 2023 financial results, exceeding record US revenue from the year-ago period despite global economic uncertainty impacting international business. The company is revising its full year 2023 outlook, lowering net sales guidance but capturing the low end of the previously issued Adjusted EBITDA guidance.
CompoSecure reported its Q2 2023 financial results, which were in line with expectations. The company also announced a five-year contract extension with one of its largest customers.
CompoSecure reported a solid start to 2023, driven by strong sales execution and continued demand for premium metal cards. The company is reiterating its net sales and adjusted EBITDA guidance for 2023.
CompoSecure reported a strong Q4 2022, with a 25% increase in net sales to $93.8 million and a 12% increase in net income to $22.4 million. Adjusted EBITDA for the quarter rose by 44% to $30.6 million. The company also issued a 2023 outlook, expecting net sales between $400-$425 million and adjusted EBITDA between $145-$155 million.
CompoSecure announced a record quarter for Net Sales, driven by high demand for premium metal card products. Net income increased by 17% year-over-year and Adjusted EBITDA increased by 33% year-over-year. The company narrowed its Net Sales guidance range to the high end of its previously announced guidance and raised its 2022 Adjusted EBITDA guidance.
CompoSecure announced record second-quarter results, driven by strong sales execution, deep customer relationships, and international expansion, and raised its full fiscal year guidance.
CompoSecure announced record first quarter net sales and profitability, driven by the strength of its premium payment card business and international growth. The company is experiencing increased demand among new and existing customers and expects to continue to increase Arculus investment throughout the year.
CompoSecure reported a strong fourth quarter, driven by net sales growth of 40.2% compared to the previous year. The company is optimistic about future growth, citing increased solicitation by card issuers and growing consumer demand for premium cards.