NASDAQ$GPGI

GPGI Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

CompoSecure's Q1 2023 financial performance was solid, driven by strong sales execution and customer demand.

CompoSecure reported a solid start to 2023, driven by strong sales execution and continued demand for premium metal cards. The company is reiterating its net sales and adjusted EBITDA guidance for 2023.

  • Strong sales execution and deep customer engagement drove the solid start to 2023.
  • The company extended a key contract with one of its largest customers.
  • Net sales and adjusted EBITDA guidance for 2023 were reiterated.
  • The company remains focused on a prudent approach to capital allocation while delivering innovative offerings.

Headline financials

Total Revenue

$95.3M

Previous: $84.2M+13.2%
EPS (adj)

$0.23

Previous: $0.16+43.8%
Capital Expenditures

-$3.67M

Previous: -$1.42M-158.7%
Free Cash Flow

$21.2M

Previous: $10.5M+102.4%
Net Income

$2.33M

Previous: $4.74M-50.9%
Operating Income

$29.4M

Previous: $30M-1.9%
Gross Profit

$53.4M

Previous: $48.8M+9.4%
Cash & Equivalents

$22.6M

Previous: $15.5M+45.8%
Total Assets

$186M

Previous: $143M+29.5%
Stock-Based Comp

$4.02M

Previous: $1.01M+299.8%

Revenue & EPS history

CompoSecure · Revenue · Quarterly

$95.3M

Q1 2023+13.2%vs Q1 2022
Beat estimate in 6 of 14 quarters(43%)
ActualEstimate

Forward guidance

The Company is reaffirming its guidance for full year 2023 results, with net sales expected to be in the range of $400-$425 million and adjusted EBITDA expected to be in the range of $145-$155 million.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

-0.5%

Avg return

Earnings day

-0.2%

Avg return

5 days after

-0.7%

Avg return

30 days after

39%

7 / 18 earnings

Positive

+25.9%

Q4 2023

Best reaction

-25.9%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-25.9%-26.7%-32.3%
Q4 2025-11.2%-12.5%-18.0%
Q3 2025+5.4%+4.2%-0.5%
Q1 2025+3.4%+7.7%+19.3%
Q4 2024-3.8%-11.5%-17.4%
Q3 2024-9.6%-12.2%+3.4%
Q2 2024+23.5%+35.9%+50.2%
Q1 2024+5.9%-5.9%-12.2%
Q4 2023+25.9%+27.7%+46.2%
Q3 2023-12.1%-4.1%-16.2%
Q2 2023-1.6%-4.1%-7.1%
Q1 2023-4.9%-1.8%-8.3%
Q4 2022-6.8%-4.1%+6.5%
Q3 2022-0.9%-2.8%-4.8%
Q2 2022+7.9%+9.6%-2.8%
Q1 2022-13.1%-16.1%-16.0%
Q4 2021+9.8%+12.4%-2.9%
Q4 2020+0.0%+0.2%-0.7%

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