XBP Europe Holdings Inc

Earnings data Q1 2024

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XBP Europe Holdings, Inc. is a pan-European integrator of bills, payments, and related solutions and services seeking to enable digital transformation of businesses. It provides business process management solutions with proprietary software suites and deep domain expertise, serving as a technology and services partner for its clients. The company is headquartered in Irving, TX.

NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- XBP Europe (“XBP Europe” or the “Company”) (NASDAQ: XBP and XBPEW), today announced that the Company has been selected by His Majesty's Passport Office (“HMPO”) as its technology and services partner on a nationwide project, which aims to make documents dating back to 1837 digitally available to the General Register Office (“GRO”). This multi-year contract in the UK has an approximate total contract value of $40 million.

XBP Europe Awarded a Transformation Project for His Majesty's Passport Office (HMPO)

Full Year Highlights 2023 revenue of $166.6 million, down 7.7% year-over-year (8.4% on a constant currency basis) Net loss of $11.0 million includes restructuring charges of $6.7 million and transaction fees of $3.0 million High margin Technology segment grows year-over-year to 27% of total revenue in 2023 compared to 24% in 2022 Gross margin at 23%, which is inclusive of the restructuring charges Won a ~$48 million TCV contract in 2023, the largest contract win of the past five years Won ~$58 million of ACV in 2023 and expanded solutions launching Reaktr.ai and XBP Omnidirect LONDON and SANTA MONICA, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (“XBP” or the “Company”) (NASDAQ: XBP), a pan-European integrator of bills and payments and related solutions and services seeking to enable the digital transformation of its clients, announced today its financial results for the full year ended December 31, 2023.

XBP Europe Holdings, Inc. Reports Full Year 2023 Results

Exela Technologies

IRVING, Texas and LONDON, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP) and XBP Europe (“XBP”) (NASDAQ: XBP, XBPEW) announce the launch of a new Global Business Unit, Reaktr.ai. This step follows the successful expansion of FAO services more than a year ago, which was well received by customers, resulting in many new logos and industry accolades.

Exela Technologies and XBP Europe Announce the Launch of Reaktr.ai to Provide Cybersecurity, Data Modernization and Multi-Cloud Management Enabled by AI

News for XBP Europe Holdings Inc Stock (XBP)