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Jun 30, 2022

CompoSecure Q2 2022 Earnings Report

Announced record results driven by strong sales execution, deep customer relationships, and international expansion.

Key Takeaways

CompoSecure announced record second-quarter results, driven by strong sales execution, deep customer relationships, and international expansion, and raised its full fiscal year guidance.

Achieved record results through strong sales execution.

Expanded business from existing base.

Benefited from ongoing card issuer trends such as the robust demand for travel and entertainment spending.

Anticipate benefiting from high demand for premium metal card products.

Total Revenue
$97.2M
EPS
$0.52
Gross Profit
$58.9M
Cash and Equivalents
$13.4M
Free Cash Flow
$37.4M
Total Assets
$152M

CompoSecure

CompoSecure

Forward Guidance

CompoSecure raised its 2022 full fiscal year guidance due to exceptional results through the first half of the year and continued confidence in the strength of its sales pipeline.