NASDAQ$GPGI

GPGI Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

CompoSecure reported record Q3 2022 financial results, with net sales up 56% YoY and adjusted EBITDA up 33% YoY. The company raised its 2022 net sales and adjusted EBITDA outlook.

CompoSecure announced a record quarter for Net Sales, driven by high demand for premium metal card products. Net income increased by 17% year-over-year and Adjusted EBITDA increased by 33% year-over-year. The company narrowed its Net Sales guidance range to the high end of its previously announced guidance and raised its 2022 Adjusted EBITDA guidance.

  • Net Sales up 56% YoY to a record $103.3 Million.
  • Net Income up 17% YoY to $21.9 Million or $0.18 EPS.
  • Adjusted EBITDA up 33% YoY to a record $32.7 Million.
  • Company expects 2022 Net Sales at the High End of Guidance and raises 2022 Adjusted EBITDA Outlook.

Headline financials

Total Revenue

$103M

No prior period
EPS (adj)

$0.22

No prior period
Adjusted EBITDA

$32.7M

No prior period
Capital Expenditures

-$7.22M

No prior period
Free Cash Flow

$83.6M

No prior period
Net Income

$2.82M

No prior period
Operating Income

$25.6M

No prior period
Gross Profit

$61.8M

No prior period
Cash & Equivalents

$15.4M

No prior period
Total Assets

$170M

No prior period
Stock-Based Comp

$3.72M

No prior period

Revenue & EPS history

CompoSecure · Revenue · Quarterly

$103M

Q3 2022
Beat estimate in 6 of 14 quarters(43%)
ActualEstimate

Forward guidance

The Company is narrowing its Net Sales range for 2022 to the high end of our previously announced guidance and now expects Net Sales for the year between $370-$380 million. CompoSecure is also increasing its 2022 outlook for Adjusted EBITDA and now expects it to range from $130-137 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 Q3 2022

Historical avgQ3 2022

-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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