Xbp Europe Holdings Earnings Reports

XBP Global Holdings, Inc. announced its financial results for the quarter ended September 30, 2025, following a transformative business combination with Exela BPA. The company is actively positioning for growth through client outreach, investment in new talent, and increased investor interaction.

XBP Europe Holdings, now XBP Global Holdings, reported $39.6M in Q2 2025 revenue and $3.3M in adjusted EBITDA. While net loss from continuing operations was $3.4M, the company showed substantial improvement in gross margin and scale, driven by its Bills & Payments and Technology segments.

XBP Europe Holdings reported a strong first quarter for 2025 with continued revenue growth, gross margin expansion, and improved Adjusted EBITDA, reflecting positive momentum and operational leverage.

XBP Europe Holdings reported a revenue of $35.4 million, a decrease of 5.6% year-over-year. However, the company saw an increase in gross margin to 32.6% and an operating profit of $2.5 million. The net loss was $2.8 million, including $0.7 million of FX losses.

XBP Europe Holdings reported a decrease in revenue for Q2 2024, primarily due to a large one-time license sale in the same quarter last year, along with project completions and lower volumes. The company experienced a net loss, a decline in gross margin, and a significant decrease in Adjusted EBITDA. However, they secured a new financing agreement to bolster liquidity and are optimistic about future contract launches.

XBP Europe Holdings reported a 5.7% year-over-year decrease in revenue, totaling $40.4 million for Q1 2024. Despite the revenue decline, the company saw an increase in gross margin to 24.6%. The Technology segment's revenue grew by 24.3% year-over-year, now representing 28.4% of total revenues. The company also secured a multi-year contract with His Majesty’s Passport Office (HMPO) valued at approximately $40 million.

XBP Europe Holdings reported a full year 2023 revenue of $166.6 million, a 7.7% decrease year-over-year. The company experienced a net loss of $11.0 million, which included restructuring charges and transaction fees. However, the Technology segment grew year-over-year, representing 27% of total revenue. The company also secured a ~$48 million TCV contract and ~$58 million of ACV.