Filing Flows › XBP Global Holdings (XBP) › Q4 2024
XBP Global Holdings (XBP) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 19, 2025
XBP Global Holdings (XBP) reported revenue of $209M for the fourth quarter 2024 (Q4 2024) and -11% from the quarter before. Operating margin was 0.5%, net loss $2.7M (1.3% of revenue).
XBP Global Holdings, Q4 2024: revenue $209M, operating margin 0.5%, net loss $2.7M, operating cash flow $5.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $209M | -11% | — |
| Operating profit | $988K | — | — |
| Net earnings | −$2.7M | — | — |
| Operating cash flow | $5.9M | — | — |
| Free cash flow | $5.8M | — | — |
What changed
Revenue was $208.7M in Q4 2024, down 11% from the previous quarter.
Gross margin was 4.8%. Operating profit was $1.0M, a 0.5% margin. The quarter ended with a net loss of $2.7M, narrower than the previous quarter's $2.8M loss. Net interest and other expense of $3.4M was the main reason.
Operating cash flow was $5.9M. Non-cash charges added back $773K of depreciation and amortization and $714K of share-based compensation. Working capital and other items added $7.1M. Capital expenditures of $139K left free cash flow of $5.8M.
Questions
What was XBP Global Holdings' revenue in the fourth quarter 2024?
XBP Global Holdings (XBP) reported revenue of $209M for the fourth quarter 2024 (Q4 2024) and -11% from the quarter before.
Was XBP Global Holdings profitable in the fourth quarter 2024?
Operating profit was $988K (0.5% of revenue) and net loss $2.7M.