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Dec 31, 2020
CPI Card Group Q4 2020 Earnings Report
Net sales and profitability significantly increased.
Key Takeaways
CPI Card Group Inc. reported strong Q4 2020 results, driven by solid execution of their customer-centric strategy. Net sales increased by 16% year-over-year, and net income improved by 404%. Adjusted EBITDA also saw a significant increase of 99% compared to the same period last year.
Net sales increased 16% year-over-year to $84.1 million.
Net income was $7.3 million, a 404% increase year-over-year.
Adjusted EBITDA increased 99% year-over-year to $17.5 million.
Cash and cash equivalents totaled $57.6 million at year-end.
CPI Card Group
CPI Card Group
CPI Card Group Revenue by Segment
Revenue by Segment
Debit & Credit Revenue
CapyFin.comPrepaid Debit Revenue
CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income