Cimpress Earnings Reports

Cimpress continued its strategic and operational path in Q3 FY2025, focusing on strengthening customer value, increasing efficiency, and accelerating improvement velocity. The company reported a 1% increase in revenue on a reported basis and 3% on an organic constant-currency basis, with operating income increasing by $1.3 million year over year to $40.5 million. Despite near-term financial and operational volatility, Cimpress remains confident in delivering attractive growth in per-share cash flow.

Cimpress' Q2 FY2025 results were lower than expected, impacted by a Canadian postal strike, a land duty tax in Australia, and underperformance in the U.S. for business cards and consumer-focused products. Despite this, revenue grew by 2%, and the company is taking actions to improve performance and optimize pricing.

Cimpress reported solid Q1 FY2025 results with a 6% increase in revenue and operating income growth. The company also strengthened its balance sheet through debt refinancing and share repurchases.

Cimpress reported strong Q4 FY2024 results with revenue growth, increased operating income, and adjusted EBITDA. The company continued to reduce net leverage and increase liquidity while executing share repurchases.

Cimpress delivered strong financial results in the third quarter, driven by a combination of revenue growth, gross margin expansion, and year-over-year operating expense efficiencies. The company's outlook remains positive.

Cimpress' Q2 2024 results showed strong revenue growth of 9% and significant improvements in profitability and cash flow, leading to increased expectations for fiscal 2024.

Cimpress' Q1 results showed solid growth with consolidated revenue increasing by 8% and operating income improving significantly by $52.1 million to $34.1 million. Adjusted EBITDA also saw substantial growth, up $43.1 million to $88.7 million, fueled by revenue growth, gross margin expansion, and reduced operating expenses. The company's cost reduction expectations remain on track, and inflationary pressures are subsiding more favorably than anticipated.

Cimpress' Q4 2023 results exceeded expectations, driven by strong performance from Vista and Upload & Print. Consolidated revenue grew 9% on both reported and organic constant-currency bases, with significant growth in operating income and adjusted EBITDA compared to the prior year.

Cimpress' Q3 FY2023 results showcased strong performance with a 13% increase in consolidated revenue and a 16% rise on an organic constant-currency basis. Vista led this acceleration, driven by product mix and platform migration benefits. Improved pricing and stable input costs boosted gross profits. Adjusted EBITDA reached $69.1 million, surpassing expectations, while operating loss decreased year-over-year. Liquidity remained strong at $189.8 million, and net leverage decreased to 4.83.

Cimpress' second quarter financial results were mixed, with currency impacts dampening reported revenue. However, total revenue grew in constant currencies across all segments, including growth in revenue from new customers in the Vista business. The company is taking steps to reduce its cost base to support expanding profitability.

Cimpress' Q1 FY2023 saw a 7% year-over-year revenue increase on a reported basis and 14% on an organic constant-currency basis. Adjusted EBITDA was down year over year due primarily to FY2022 investments in Vista, but was slightly ahead of expectations. Customer demand remains strong.

Cimpress reported a 14% increase in revenue for Q4, driven by strong organic constant-currency revenue growth of 19%. However, the company recorded a GAAP operating loss of $27.2 million due to increased advertising expense, organic investment in Vista, and restructuring expenses. Adjusted EBITDA decreased to $37.8 million.

Cimpress' Q3 FY2022 reported revenue grew by 15% year-over-year, with organic constant-currency revenue growth at 17%. The company managed inflationary and supply chain challenges while investing in its Vista platform. Consolidated gross profit increased, though gross margin declined slightly. Net leverage was 4.44x trailing-twelve-month EBITDA.

Cimpress delivered solid financial results for Q2 FY2022 with reported revenue and organic constant-currency revenue growth of 9%. The company continued significant organic investment, particularly in the Vista business, against a backdrop of continued pandemic volatility and supply chain challenges.

Cimpress' Q1 FY2022 revenue increased by 12% year-over-year, driven by recovery in Upload and Print businesses and new product categories. However, GAAP operating income and adjusted EBITDA declined due to increased advertising spend and investments in Vista's transformation.

Cimpress experienced a 49% increase in reported revenue in Q4, driven by economic recovery and strategic investments, particularly in Vistaprint. GAAP operating income improved, and the company focused on cost savings and strategic positioning for future growth.

Cimpress' Q3 FY2021 revenue decreased by 3% year-over-year, but GAAP operating loss improved significantly due to the non-recurrence of a goodwill impairment and cost controls. The company is seeing increased signs of recovery as pandemic restrictions ease in some markets.

Cimpress experienced a 36% revenue decline in Q4 due to the COVID-19 pandemic. However, proactive measures such as cost reductions and advertising efficiency improvements helped maintain gross margins and preserve liquidity, resulting in positive operating cash flow and adjusted free cash flow.

Cimpress' Q3 revenue declined by 10% due to the COVID-19 pandemic, particularly impacting results in March. The company implemented cost reduction measures and secured financial flexibility to weather the pandemic's effects.

Cimpress' organic constant-currency revenue was flat year over year. However, the company delivered strong bottom-line results with highest-ever quarterly figures for operating income, adjusted EBITDA, cash from operations, and free cash flow. Adjusted return on invested capital increased to 25% compared to 14% at this time last year.