CompoSecure Q4 2021 Earnings Report
Key Takeaways
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.
CompoSecure became a newly listed public company.
The company achieved record net sales.
CompoSecure launched Arculus, a three-factor authentication cold storage product for securing digital assets.
Fourth-quarter performance was highlighted by net sales growth of 40.2% versus the prior year.
CompoSecure
CompoSecure
Forward Guidance
CompoSecure expects to benefit from increased solicitation by card issuers and growing consumer demand for premium cards. The company is also positioned to support the growing need for security and authentication solutions in the digital asset marketplace.