Xbp europe holdings, inc. reports fourth quarter and full year 2024 results

Full year 2024 highlights revenue of $142.8 million, decrease of 8.0% year-over-year gross margin of 26.8%, a 110 bps increase year-over-year operating profit of $3.5 million, an increase of $2.4 million year-over-year approximately $25m of acv in active ramp, resulting in an incremental step-up in margin contribution in the second half of 2024 signed an exclusive, non-binding loi to acquire exela technologies bpa, llc, a potentially transformational deal that could expand xbp europe's revenue to ~$1 billion annually fourth quarter 2024 highlights revenue of $35.6 million, decrease of 7.5% year-over-year and increase of 0.7% sequentially gross margin of 28.3%, a 480 bps increase year-over-year and 440 bps decrease sequentially operating profit of $1.0 million, an increase of $3.4 million year-over-year and a decrease of $1.5 million sequentially net loss of $2.7 million includes $0.5 million of fx losses, an improvement of $2.4 million year-over-year and $0.1 million sequentially london and santa monica, calif., march 19, 2025 (globe newswire) -- xbp europe holdings, inc. (“xbp europe” or “the company”) (nasdaq: xbp), a pan-european integrator of bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, announced today its financial results for the quarter and full year ended december 31, 2024.
XBP Ratings Summary
XBP Quant Ranking