NASDAQ$CMPR

Cimpress Plc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Cimpress delivered solid results with revenue growth at Vista bolstering consolidated revenue, operating income increasing, and adjusted EBITDA declining slightly.

Cimpress reported solid Q1 FY2025 results with a 6% increase in revenue and operating income growth. The company also strengthened its balance sheet through debt refinancing and share repurchases.

  • Revenue grew 6% on a reported basis and on an organic constant-currency basis.
  • Operating income increased $5.2 million year over year to $39.3 million.
  • Adjusted EBITDA decreased $1.0 million year over year to $87.8 million, impacted negatively by currency movements.
  • The company repurchased 239,191 shares for $20.0 million, reducing outstanding shares by 1%.

Headline financials

Total Revenue

$805M

Previous: $757M+6.3%
EPS

-$0.50

Previous: $0.17-394.1%
Net Leverage Ratio

3.1

No prior period
Capital Expenditures

-$17M

Previous: -$22.6M+24.7%
Free Cash Flow

-$29.6M

Previous: -$18M-64.1%
Net Income

-$12.5M

Previous: $4.55M-375.6%
Operating Income

$39.3M

Previous: $34.1M+15.4%
Gross Profit

$382M

Previous: $359M+6.6%
Cash & Equivalents

$153M

Previous: $125M+22.2%
Total Assets

$1.88B

Previous: $1.81B+4.1%
R&D Expense

$81.9M

No prior period
Stock-Based Comp

$15.6M

Previous: $12.5M+25.5%

Revenue & EPS history

Cimpress · Revenue · Quarterly

$805M

Q1 2025+6.3%vs Q1 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Cimpress · $355M total across 4 segments · Q3 2023

  • PrintBrothers
    $140M+16.3%
  • The Print Group
    $85.5M+13.5%
  • National Pen
    $81.1M+12.3%
  • All Other Businesses
    $49M+1.1%

Forward guidance

The company remains confident in its ability to continue to grow constant-currency organic revenue, adjusted EBITDA and adjusted free cash flow over the coming multi-year period. They also expect to reduce net leverage by the end of FY2025.

Tailwinds

  • Confident in ability to continue to grow constant-currency organic revenue.
  • Confident in ability to continue to grow adjusted EBITDA.
  • Confident in ability to continue to grow adjusted free cash flow.
  • Expect to reduce net leverage by the end of FY2025.
  • If we continue to have attractive opportunities for share repurchases, we expect to exit the fiscal year with net leverage at or below approximately 2.75x trailing twelve month EBITDA

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-0.6%

Avg return

Earnings day

-0.9%

Avg return

5 days after

+1.3%

Avg return

30 days after

49%

33 / 67 earnings

Positive

+24.2%

Q4 2020

Best reaction

-29.1%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+8.6%+12.8%+21.0%
Q2 2026+0.3%-1.7%-6.2%
Q1 2026+11.1%-1.0%+3.1%
Q3 2025-6.6%-4.6%+5.3%
Q2 2025-5.5%-18.4%-35.2%
Q1 2025-8.7%-2.6%+6.2%
Q4 2024+4.7%-8.8%+8.3%
Q3 2024-3.1%-2.2%-3.2%
Q2 2024+17.2%+15.3%+27.6%
Q1 2024-2.3%-5.5%+14.1%
Q4 2023+6.3%+8.5%-2.1%
Q3 2023+20.1%+17.2%+13.0%
Q2 2023-9.3%-6.2%+0.3%
Q1 2023-16.0%+1.4%+21.7%
Q4 2022+14.2%+13.6%+5.9%
Q3 2022-7.7%-9.6%-20.9%
Q2 2022-6.6%-6.5%-13.5%
Q1 2022-1.3%+2.0%-12.6%
Q4 2021-9.9%-10.6%-18.7%
Q3 2021+0.2%+2.3%+3.5%
Q2 2021+6.4%-10.9%-4.0%
Q1 2021-3.1%-2.2%+18.5%
Q4 2020+24.2%+17.9%+15.1%
Q3 2020+4.5%+3.6%+13.4%
Q2 2020-3.9%-3.4%-0.5%
Q1 2020+1.6%+7.8%-1.4%
Q4 2019+8.8%+7.9%+20.7%
Q3 2019-5.1%-4.3%-3.2%
Q2 2019-29.1%-29.8%-29.7%
Q1 2019-10.4%-10.4%-3.1%
Q4 2018-2.2%+0.5%-4.2%
Q3 2018-1.3%-2.9%-1.9%
Q2 2018+16.5%+21.8%+22.5%
Q1 2018+7.7%+8.9%+11.8%
Q4 2017-5.1%-3.9%-2.0%
Q3 2017-1.3%-3.8%+4.5%
Q2 2017-11.5%-12.5%-14.9%
Q1 2017-13.0%-13.0%-9.5%
Q4 2016-2.8%-0.5%+2.4%
Q3 2016-6.9%
Q2 2016+4.2%
Q1 2016+2.9%
Q4 2015-16.3%
Q3 2015+1.3%
Q2 2015+10.1%
Q1 2015+2.8%
Q4 2014+1.3%
Q3 2014-27.8%
Q2 2014-4.1%
Q1 2014+2.7%
Q4 2013-3.1%
Q3 2013+1.2%
Q2 2013-8.8%
Q1 2013-0.7%
Q4 2012+5.4%
Q3 2012-12.8%
Q2 2012+8.2%
Q1 2012-7.1%
Q4 2009-5.5%
Q4 2011-5.5%
Q3 2010+1.4%
Q3 2011+1.4%
Q2 2011+7.9%
Q1 2010+4.9%
Q1 2011+4.9%
Q4 2010+4.9%
Q2 2010+4.9%

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