Recent Insider Transactions • May 22
Independent Chair recently bought €164k worth of stock On the 19th of May, Hugh Riley bought around 12k shares on-market at roughly €13.80 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Hugh has been a buyer over the last 12 months, purchasing a net total of €422k worth in shares. Recent Insider Transactions • May 20
Chief Accounting Officer & Controller recently sold €63k worth of stock On the 11th of May, Donna Carmignani sold around 5k shares on-market at roughly €13.00 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €425k more than they sold in the last 12 months. Duyuru • May 07
CPI Card Group Inc. Affirms Earnings Guidance for 2026 CPI Card Group Inc. affirmed earnings guidance for 2026. For the year, the company expected revenue of high single-digit growth. Duyuru • Apr 20
CPI Card Group Inc. to Report Q1, 2026 Results on May 05, 2026 CPI Card Group Inc. announced that they will report Q1, 2026 results Pre-Market on May 05, 2026 Duyuru • Apr 09
CPI Card Group Inc., Annual General Meeting, May 21, 2026 CPI Card Group Inc., Annual General Meeting, May 21, 2026. Duyuru • Mar 05
CPI Card Group Inc. Provides Earnings Guidance for the Full Year 2026 CPI Card Group Inc. provided earnings guidance for the full year 2026. For the year, the company expects revenue: high single-digit growth. Duyuru • Feb 20
CPI Card Group Inc. to Report Q4, 2025 Results on Mar 05, 2026 CPI Card Group Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 05, 2026 Duyuru • Feb 18
Cpi Card Group Inc. Announces Chief Financial Officer Changes, Effective February 13, 2026 CPI Card Group Inc. announced that Chief Financial Officer Jeffrey Hochstadt has ceased serving as CFO effective February 13, 2026, and will remain with the company in an advisory role through June 30, 2026 to support the transition. After his departure, he will be eligible for severance under the company’s existing U.S. Executive Severance and Change in Control Guidelines, as previously described in its 2025 proxy statement. The company also appointed Terra Grantham, age 55 and currently Senior Vice President, Enterprise Strategy and Growth, as Interim Chief Financial Officer effective February 13, 2026, in addition to her current responsibilities. She is a long-time internal executive with over 25 years of experience in senior finance, strategy, and product roles. There are no family relationships or related-party transactions disclosed, and as of this filing date there have been no material changes to her existing compensation in connection with the interim CFO appointment. Duyuru • Nov 05
CPI Card Group Inc. Updates Earnings Guidance for the Full Year 2025 CPI Card Group Inc. updated earnings guidance for the full year 2025. For the year, the company is refining the net sales outlook to low double-digit to low teens growth. The previous outlook was low double-digit to mid-teens net sales growth. The change from the prior outlook was driven by projected sales mix impacts in the Debit and Credit segment and order timing in the Prepaid segment. Duyuru • Oct 21
CPI Card Group Inc. to Report Q3, 2025 Results on Nov 04, 2025 CPI Card Group Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 04, 2025 Duyuru • Aug 08
CPI Card Group Inc. Increases Earnings Guidance for the Year 2025 CPI Card Group Inc. increased earnings guidance for the year 2025. For the year, company now projects low double-digit to mid-teens net sales growth, compared to the previous outlook of mid-to-high single-digit growth. The change from prior outlook reflects the addition of Arroweye, partially offset by the negative impact of the accounting change for revenue recognition timing of work-in-process orders. Duyuru • Jul 30
CPI Card Group Inc. to Report Q2, 2025 Results on Aug 08, 2025 CPI Card Group Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 08, 2025 Duyuru • May 07
CPI Card Group Inc. Affirms Earnings Guidance for the Year 2025 CPI Card Group Inc. affirmed earnings guidance for the year 2025. The company affirmed its outlook for 2025 of mid-to-high single-digit organic growth for net sales. Duyuru • May 06
CPI Card Group Inc. to Report Q1, 2025 Results on May 07, 2025 CPI Card Group Inc. announced that they will report Q1, 2025 results Pre-Market on May 07, 2025 Duyuru • Apr 10
CPI Card Group Inc., Annual General Meeting, May 21, 2025 CPI Card Group Inc., Annual General Meeting, May 21, 2025. Duyuru • Mar 04
CPI Card Group Inc. Provides Earnings Guidance for the Full Year 2025 CPI Card Group Inc. provided earnings guidance for the full year 2025. for the year, the company expects mid-to-high single-digit growth for net sales. Duyuru • Feb 10
CPI Card Group Inc. to Report Q4, 2024 Results on Mar 04, 2025 CPI Card Group Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 04, 2025 Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to €25.20, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Tech industry in Europe. Total returns to shareholders of 25% over the past three years. Reported Earnings • Nov 06
Third quarter 2024 earnings released: EPS: US$0.12 (vs US$0.34 in 3Q 2023) Third quarter 2024 results: EPS: US$0.12 (down from US$0.34 in 3Q 2023). Revenue: US$124.8m (up 18% from 3Q 2023). Net income: US$1.29m (down 67% from 3Q 2023). Profit margin: 1.0% (down from 3.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Tech industry in Europe. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year. Duyuru • Nov 05
CPI Card Group Inc. Updates Earnings Guidance for the Year 2024 CPI Card Group Inc. updated earnings guidance for the year 2024. For the year, the company expects mid-to-high single-digit net sales growth. The previous outlook was a mid-single digit net sales increase. Duyuru • Oct 23
CPI Card Group Inc. to Report Q3, 2024 Results on Nov 05, 2024 CPI Card Group Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 05, 2024 Duyuru • Oct 02
CPI Card Group Inc. has completed a Follow-on Equity Offering in the amount of $25.2 million. CPI Card Group Inc. has completed a Follow-on Equity Offering in the amount of $25.2 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,200,000
Price\Range: $21
Discount Per Security: $0.887 Duyuru • Oct 01
CPI Card Group Inc. has filed a Follow-on Equity Offering. CPI Card Group Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,000,000 Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €25.20, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 18x in the Tech industry in Europe. Total loss to shareholders of 8.7% over the past three years. New Risk • Sep 19
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €83k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Negative equity (-US$45m). Share price has been volatile over the past 3 months (9.7% average weekly change). Profit margins are more than 30% lower than last year (4.1% net profit margin). Significant insider selling over the past 3 months (€83k sold). Recent Insider Transactions • Sep 18
Chief Human Resources Officer recently sold €83k worth of stock On the 13th of September, Sonya Vollmer sold around 4k shares on-market at roughly €22.64 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €37k more than they bought in the last 12 months. Reported Earnings • Aug 06
Second quarter 2024 earnings released: EPS: US$0.54 (vs US$0.57 in 2Q 2023) Second quarter 2024 results: EPS: US$0.54 (down from US$0.57 in 2Q 2023). Revenue: US$118.8m (up 3.4% from 2Q 2023). Net income: US$6.00m (down 8.0% from 2Q 2023). Profit margin: 5.1% (down from 5.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Tech industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Aug 06
CPI Card Group Inc. Revises Financial Guidance for the Full Year 2024 CPI Card Group Inc. revised financial guidance for the full year 2024. For the year, the company expects net sales outlook for 2024 to a mid-single digit increase, compared to the previous outlook of a slight increase. The increase in the sales outlook was driven by strong Prepaid growth and improved trends in debit and credit card sales. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €23.00, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Tech industry in Europe. Total returns to shareholders of 46% over the past three years. New Risk • Jul 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Negative equity (-US$48m). Profit margins are more than 30% lower than last year (4.3% net profit margin). Duyuru • Jul 24
CPI Card Group Inc. to Report Q2, 2024 Results on Aug 05, 2024 CPI Card Group Inc. announced that they will report Q2, 2024 results After-Market on Aug 05, 2024 Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €22.40, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Tech industry in Europe. Total returns to shareholders of 68% over the past three years. Duyuru • May 09
Cpi Card Group Inc. Reaffirms Earnings Guidance for the Year 2024 CPI Card Group Inc. reaffirmed earnings guidance for the year 2024. The company affirmed its net sales and Adjusted EBITDA financial outlook for 2024, which was previously provided in March. The Company continues to expect slight increases in both net sales and Adjusted EBITDA for the full year, with declines in the first half of the year offset by growth in the second half. New Risk • May 07
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.3% Last year net profit margin: 8.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Negative equity (-US$48m). Profit margins are more than 30% lower than last year (4.3% net profit margin). Reported Earnings • May 07
First quarter 2024 earnings released: EPS: US$0.48 (vs US$0.95 in 1Q 2023) First quarter 2024 results: EPS: US$0.48 (down from US$0.95 in 1Q 2023). Revenue: US$111.9m (down 7.4% from 1Q 2023). Net income: US$5.46m (down 50% from 1Q 2023). Profit margin: 4.9% (down from 9.0% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Tech industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Duyuru • May 01
CPI Card Group Inc., Annual General Meeting, May 22, 2024 CPI Card Group Inc., Annual General Meeting, May 22, 2024, at 07:00 US Mountain Standard Time. Agenda: To elect the eight director nominees named in the accompanying proxy statement; to ratify the appointment of kpmg llp as an independent registered public accounting firm for 2024; to hold an advisory vote to approve named executive officer compensation; and conduct any other business properly brought before the annual meeting or any adjournments or postponements thereof. Duyuru • Apr 28
CPI Card Group Inc. to Report Q1, 2024 Results on May 07, 2024 CPI Card Group Inc. announced that they will report Q1, 2024 results Pre-Market on May 07, 2024 Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €17.70, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Tech industry in Europe. Total returns to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €15.60, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 23x in the Tech industry in Europe. Total loss to shareholders of 4.9% over the past three years. Duyuru • Mar 10
CPI Card Group Inc. Provides Sales Guidance for the First Quarter and Full Year 2024 CPI Card Group Inc. provided sales guidance for the first quarter and full year 2024. The Company expects cautious customer spending to continue into 2024 before the market recovers over the course of the year, with first quarter sales anticipated to be similar to the 2023 fourth quarter level.For the full year, the company project slight increases in both net sales. Reported Earnings • Mar 08
Full year 2023 earnings released: EPS: US$2.10 (vs US$3.24 in FY 2022) Full year 2023 results: EPS: US$2.10 (down from US$3.24 in FY 2022). Revenue: US$444.5m (down 6.6% from FY 2022). Net income: US$24.0m (down 34% from FY 2022). Profit margin: 5.4% (down from 7.7% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Tech industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Duyuru • Feb 23
CPI Card Group Inc. to Report Q4, 2023 Results on Mar 07, 2024 CPI Card Group Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 07, 2024 Duyuru • Jan 26
Cpi Card Group Inc. Announces Chief Executive Officer Changes CPI Card Group Inc. announced John Lowe has been named its Chief Executive Officer and appointed to the Company’s Board of Directors, effective January 25, 2024. Lowe succeeds outgoing President and Chief Executive Officer Scott Scheirman, who had previously announced his intention to retire in early 2024. Lowe has been with CPI Card Group since 2018, most recently as Executive Vice President, End-to-End Payment Solutions since late 2022. In this role he was responsible for a significant majority of the Company’s revenues and operations. He previously served as the Company’s Senior Vice President and General Manager, Secure Card, beginning in 2021, and was the Company’s Chief Financial Officer from 2018 through 2021. Lowe has more than a decade of senior executive leadership experience and over two decades of financial leadership experience. Prior to CPI, Lowe spent eight years at SquareTwo Financial Corporation, most recently as Chief Financial Officer, and spent his early career within the Capital Markets and Audit practices at Deloitte. Lowe holds a B.S. Degree in Accounting and Finance from Virginia Polytechnic Institute and State University. Duyuru • Jan 25
Cpi Card Group Inc. Announces Management Changes CPI Card Group Inc. announced John Lowe has been named its new President and appointed to the Company’s Board of Directors, effective January 25, 2024. Lowe succeeds outgoing President and Chief Executive Officer Scott Scheirman, who had previously announced his intention to retire in early 2024. Lowe has been with CPI Card Group since 2018, most recently as Executive Vice President, End-to-End Payment Solutions since late 2022. In this role he was responsible for a significant majority of the Company’s revenues and operations. He previously served as the Company’s Senior Vice President and General Manager, Secure Card, beginning in 2021, and was the Company’s Chief Financial Officer from 2018 through 2021. The Company also announced that Peggy O’Leary has been promoted to take on the role of Senior Vice President, Prepaid Solutions and Chief Development and Digital Officer, reporting to Lowe. O’Leary has been with CPI since 2017, most recently serving as Senior Vice President of Prepaid Solutions since late 2022, and Vice President of Sales of Prepaid, Personalization Solutions, and Instant Issuance from 2020 through 2022. She has played an integral role in driving the Company’s Prepaid growth and expansion into adjacent markets. Prior to joining CPI, O’Leary held a variety of roles at companies including Jingit, InteliSpend, Maritz, and Hallmark. Scheirman announced in June 2023 his intention to retire in early 2024. He will serve as Senior Advisor to the Chief Executive Officer of the Company through his retirement date of February 28, 2024 and will work together with Lowe to ensure a smooth leadership transition. Scheirman has also stepped down from CPI’s Board of Directors, effective January 25, 2024. Lowe has more than a decade of senior executive leadership experience and over two decades of financial leadership experience. Prior to CPI, Lowe spent eight years at SquareTwo Financial Corporation, most recently as Chief Financial Officer, and spent his early career within the Capital Markets and Audit practices at Deloitte. Lowe holds a B.S. Degree in Accounting and Finance from Virginia Polytechnic Institute and State University. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €13.80, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 16x in the Tech industry in Europe. Total loss to shareholders of 39% over the past year. Duyuru • Nov 09
CPI Card Group Inc. (NasdaqGM:PMTS) announces an Equity Buyback for $20 million worth of its shares. CPI Card Group Inc. (NasdaqGM:PMTS) announces a share repurchase program. Under the program, the company will repurchase up to $20 million worth of its shares. The program will expire on December 31, 2024. Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: US$0.34 (vs US$1.06 in 3Q 2022) Third quarter 2023 results: EPS: US$0.34 (down from US$1.06 in 3Q 2022). Revenue: US$105.9m (down 15% from 3Q 2022). Net income: US$3.86m (down 68% from 3Q 2022). Profit margin: 3.6% (down from 9.6% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 6.0% growth forecast for the Tech industry in Europe. Duyuru • Oct 31
CPI Card Group Inc. to Report Q3, 2023 Results on Nov 07, 2023 CPI Card Group Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 07, 2023 Duyuru • Aug 30
CPI Card Group Inc. Introduces Card@Once®? Ribbon Shredder for Protection of Sensitive Cardholder Data CPI Card Group Inc. introduced its Card@Once®? Ribbon Shredder designed to help financial institutions protect their customers' personal and financial data. Many financial institutions rely upon Card@Once printers for instant card issuance. However, used printer ribbon panels can contain sensitive consumer data that must be securely and properly destroyed. CPI's Card@Once Ribbon Shredder is a compact and easy-to-use desktop solution that uses twisted micro-cut technology to completely shred printer ribbon panels into tiny, unrecognizable particles. Designed to accommodate the industry's most popular brands of direct-to-card printer ribbons, CPI's Card@Once RibbonShredder offers financial institutions flexibility in securely protecting sensitive data and eliminating the burdens associated with used ribbon panel disposal. CPI's Card@Once instant issuance solution is trusted by over 2,000 financial institutions across nearly 15,000 locations. Backed by real-time, 24/7 U.S.-based customer support, Card@Once helps businesses meet the needs of their customers by expanding their service offerings and revenue-generating potential. Duyuru • Aug 17
CPI Card Group Expands Their Metal Card Offerings with a New Tungsten Card CPI Card Group Inc. announced that it has expanded its offerings of encased metal cards to include a contactless tungsten card. By embedding tungsten metal between layers of plastic, the new Encased Tungsten Card weighs approximately four times more than a standard plastic payment card. In addition to a sophisticated "heaviness" that makes this card unique, its dual- interface capability enables users to choose between traditional (i.e., swiping or chip insertion) and contactless (i.e., hover-to-pay or tap) payment methods. Metal card options like CPI's Encased Tungsten Card and Encased Steel Card give cardholders a perception of "insider" membership and an upscale tactile experience and add more luxurious offerings to the Company's product lineup. Offerings like these combine the most convenient dual interface technology with the most premium material available for a payment card for discerning cardholders. Reported Earnings • Aug 14
Second quarter 2023 earnings released: EPS: US$0.57 (vs US$0.55 in 2Q 2022) Second quarter 2023 results: EPS: US$0.57 (up from US$0.55 in 2Q 2022). Revenue: US$115.0m (up 1.5% from 2Q 2022). Net income: US$6.52m (up 6.0% from 2Q 2022). Profit margin: 5.7% (up from 5.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Tech industry in Europe. Duyuru • Aug 10
Cpi Card Group Inc. Provides Sales Guidance for the Year 2023 CPI Card Group Inc. provided sales guidance for the year 2023. For the year, the company expects net sales to a range of flat to low single-digit growth and affirmed its outlook for mid-to-high single-digit. Duyuru • Aug 01
CPI Card Group Inc. to Report Q2, 2023 Results on Aug 08, 2023 CPI Card Group Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 08, 2023 Duyuru • Jun 17
CPI Card Group Announces Appointment of H. Sanford Riley as Independent Chair of Board of Directors CPI Card Group Inc. announced that H. Sanford Riley has been appointed Independent Chair of its Board of Directors. Riley, President and CEO of Richardson Financial Group Limited, joined the CPI Board in May. He has served in his current role at Richardson, a specialized financial services company, since 2003 and was previously President and CEO and Chairman of Investor Group Inc., Canada’s largest mutual fund company. Riley is also a member of the board of directors of Molson Coors and RF Capital Group Inc., and previously served on the boards of Canadian Western Bank, The North West Company and Manitoba Hydro. Riley replaces Bradley Seaman as Chair. Seaman had previously announced his intent to resign from the Board effective June 15, 2023. Duyuru • Jun 07
Bradley Seaman to Resign and Step Down from the Board of Directors and as Its Chairman of CPI Card Group Inc., Effective June 15, 2023 On June 2, 2023, Bradley Seaman notified CPI Card Group Inc. of his intent to resign and step down from the Board of Directors and as its chairman, effective as of June 15, 2023. Mr. Seaman has been the Chair of the Board and member of the Board since 2007. Mr. Seaman's decision to resign was not due to any disagreements with the Company on any matter relating to the Company's operations, policies orpractices. Duyuru • Dec 14
CPI Card Group Inc. Announces Organizational Changes CPI Card Group Inc. announced organizational changes. These changes include: Lane Dubin has been promoted to the newly-created position of Executive Vice President and Chief Development and Digital Officer. In this role, he will be responsible for new product and new business development, including digital payment solutions. Dubin was most recently CPI’s Senior Vice President and General Manager Prepaid, Personalization Solutions, and Instant Issuance. John Lowe has been promoted to Executive Vice President, End-to-End Payment Solutions. Lowe was previously Senior Vice President and General Manager Secure Card and now adds Personalization Solutions and Instant Issuance to his organization, which will allow the Company to optimize customer experience and sales efforts for all debit and credit products and services. Peggy O’Leary has been promoted to Senior Vice President Prepaid Solutions, after most recently serving as Vice President of Sales of Prepaid, Personalization Solutions, and Instant Issuance. Duyuru • Nov 04
Cpi Card Group Inc. Provides Earnings Guidance for the Year 2022 CPI Card Group Inc. provided earnings guidance for the year 2022. For the period, the company expects full-year growth in the low 20% range for sales an increase from the previous outlook of high teens growth for net sales. The Company expects strong sales growth in its Debit and Credit segment for the year and Prepaid Debit segment sales similar to the record level in 2021. Duyuru • Oct 28
CPI Card Group Inc. to Report Q3, 2022 Results on Nov 03, 2022 CPI Card Group Inc. announced that they will report Q3, 2022 results Pre-Market on Nov 03, 2022 Duyuru • Aug 09
CPI Card Group Inc. Provides Earnings Guidance for the Full Year 2022 CPI Card Group Inc. provided earnings guidance for the full year 2022. For the period, the company expects high teens net sales growth, an increase from the previous outlook of low double-digit growth for net sales. Duyuru • Aug 02
CPI Card Group Inc. to Report Q2, 2022 Results on Aug 08, 2022 CPI Card Group Inc. announced that they will report Q2, 2022 results at 9:30 AM, US Eastern Standard Time on Aug 08, 2022 Duyuru • May 08
CPI Card Group Inc. Revises Financial Guidance for the Year 2022 CPI Card Group Inc. revised financial guidance for the year 2022. The company now expects low double-digit net sales growth for the 2022 full year. This represents an increase from the prior outlook of mid-single digit net sales. Duyuru • May 02
CPI Card Group Inc. to Report Q1, 2022 Results on May 05, 2022 CPI Card Group Inc. announced that they will report Q1, 2022 results Pre-Market on May 05, 2022 Duyuru • Apr 14
CPI Card Group Inc., Annual General Meeting, May 25, 2022 CPI Card Group Inc., Annual General Meeting, May 25, 2022, at 08:00 US Mountain Standard Time. Agenda: To elect the seven director nominees named in the accompanying proxy statement; to ratify the appointment of KPMG LLP as our independent registered public accounting firm for 2022; to hold an advisory vote to approve named executive officer compensation; and to conduct any other business properly brought before the Annual Meeting or any adjournments or postponements thereof. Duyuru • Apr 01
CPI Card Group Inc. Announces Appointment Donna Abbey as Company’s Controller and Chief Accounting Officer CPI Card Group Inc. announced that the Board of Directors of CPI Card Group Inc. appointed Donna Abbey as the Company’s Controller and Chief Accounting Officer, effective March 31, 2022. Prior to joining CPI, Ms. Abbey, 46, provided financial and accounting consulting services to clients in various industries from January 2020 to March 2022. Duyuru • Mar 10
CPI Card Group Inc. Provides Sales Guidance for the Full Year 2022 CPI Card Group Inc. provides sales guidance for the full year 2022. The company expects mid-single digit net sales for 2022. Duyuru • Mar 04
CPI Card Group Inc. to Report Q4, 2021 Results on Mar 08, 2022 CPI Card Group Inc. announced that they will report Q4, 2021 results Pre-Market on Mar 08, 2022 Duyuru • Aug 14
CPI Card Group Announces Voluntarily De-Listing from Toronto Stock Exchange CPI Card Group Inc. announced that it has provided written notice to the Toronto Stock Exchange (the “TSX”) regarding the voluntary delisting of its common stock from the TSX. The Company believes that the trading volume of its stock on the TSX no longer justifies the expense and administrative efforts associated with maintaining this listing, especially given CPI’s recent listing on The Nasdaq Global Market (“Nasdaq”). CPI’s listing on Nasdaq provides its stockholders with good liquidity, and the savings in exchange fees, legal fees and managerial time and effort to maintain a dual listing can be redirected into further advancing the business of the Company. CPI’s Canadian stockholders may trade their existing shares through their brokers on Nasdaq. CPI anticipates that its common stock will be delisted from the TSX at the close of trading on or about August 27, 2021. Pursuant to Section 720(d) of the TSX Company Manual, stockholder approval is not required with regard to the voluntary delisting as an alternative market for the shares will exist on Nasdaq. As most brokers in Canada, including discount and online brokers, have the ability to buy and sell securities listed on Nasdaq, CPI’s Nasdaq listing will continue to provide stockholders with the same accessibility to trade the Company’s common stock. Stockholders holding shares in Canadian brokerage accounts should contact their brokers to confirm how to trade CPI’s shares on the Nasdaq exchange. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS US$0.56 (vs US$0.01 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$93.2m (up 31% from 2Q 2020). Net income: US$6.23m (up US$6.12m from 2Q 2020). Profit margin: 6.7% (up from 0.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 101% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment improved over the past week After last week's 17% share price gain to US$14.90, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 25x in the Tech industry in Europe. Total returns to shareholders of 603% over the past three years. Duyuru • Aug 06
CPI Card Group Inc. Deleted from Other OTC CPI Card Group Inc.’s common stock has been deleted from Other OTC effective August 5, 2021. The deletion was due to Market Center Change Listed on NASDAQ. Reported Earnings • May 12
First quarter 2021 earnings released: EPS US$0.21 (vs US$0.22 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: US$89.1m (up 20% from 1Q 2020). Net income: US$2.41m (down 1.4% from 1Q 2020). Profit margin: 2.7% (down from 3.3% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 89% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 28
CPI Card Group Inc. Introduces Second Wave® Cards for Instant Issuance CPI Card Group Inc. announced the availability of an option for Second Wave® cards for instant issuance. The EMV® and dual interface contactless capable blank white card stock, which features a core made with recovered ocean-bound plastic, allows financial institutions to seamlessly print and issue full image cards made with more eco-focused materials through CPI’s Card@Once® instant issuance solution. The combination of Card@Once and Second Wave builds on the current capabilities to personalize and fulfill eco-focused card options for issuers, allowing them to simultaneously serve the on-demand needs of cardholders and support sustainability initiatives. By adding payment cards featuring a core made with recovered ocean-bound plastic to their portfolio, financial institutions are able to engage a growing market of environmentally-conscious consumers, while helping to reduce first-use plastic and divert plastic waste from entering the ocean. 94% of consumers say they are concerned about the amount of plastic waste in the oceans, according to a CPI Card Group Consumer Insights Study-with 87% of respondents finding the idea of an ocean-plastic card appealing. Notably, 53% of survey respondents were willing to switch to another financial institution if it offered such cards with the same features and benefits. CPI estimates that for everyone million Second Wave cards produced, over one ton of plastic will be diverted from entering the world’s oceans, waterways and shorelines. The sustainability advantages of Second Wave bring a new edge to the robust benefits of Card@Once – the first Software-as-a-Service (SaaS) instant issuance solution. Card@Once’s SaaS based-model eliminates the need for financial institutions to maintain their own software or servers, making it cost-effective and easy to issue new and replacement debit or credit cards, on-demand. CPI manages implementation, support and maintenance for the cloud-based solution, connecting financial institutions and their cardholders to the advantages of secure and quick-to-implement instant card issuance technology. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improved over the past week After last week's 16% share price gain to US$14.40, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 27x in the Tech industry in Europe. Total returns to shareholders of 638% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improved over the past week After last week's 32% share price gain to US$8.30, the stock is trading at a trailing P/E ratio of 7.1x, up from the previous P/E ratio of 5.4x. This compares to an average P/E of 26x in the Tech industry in Europe. Total returns to shareholders over the past three years are 281%. Reported Earnings • Feb 27
Full year 2020 earnings released: EPS US$1.44 (vs US$0.39 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$312.2m (up 12% from FY 2019). Net income: US$16.2m (up US$20.5m from FY 2019). Profit margin: 5.2% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth. Duyuru • Feb 26
CPI Card Group Inc. to Report Q4, 2020 Results on Feb 25, 2021 CPI Card Group Inc. announced that they will report Q4, 2020 results at 8:00 AM, US Eastern Standard Time on Feb 25, 2021