NASDAQ$GPGI

GPGI Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

CompoSecure's Q3 2024 performance showcased strong growth driven by international execution and new program adoption, although GAAP net loss was reported due to stock price appreciation affecting non-cash valuations.

CompoSecure reported strong Q3 2024 results, featuring double-digit growth in both Net Sales and Adjusted EBITDA. The company signed a two-year contract extension with Capital One. While a GAAP Net Loss was reported due to non-cash items, Adjusted Net Income increased by 18% year-over-year.

  • Double-digit growth in Net Sales and Adjusted EBITDA was achieved.
  • A two-year contract extension with Capital One was signed.
  • Adjusted Net Income increased by 18% compared to the year-ago period.
  • Full year Net Sales guidance revised to $418-$424 million and Adjusted EBITDA guidance revised to $148-$151 million to reflect investments for future growth.

Headline financials

Total Revenue

$107M

Previous: $96.9M+10.6%
EPS (adj)

$0.27

Previous: $0.24+12.5%
Capital Expenditures

-$4.78M

Previous: -$6.67M+28.3%
Free Cash Flow

$89.4M

Previous: $71.2M+25.5%
Net Income

-$42.1M

Previous: $7.48M-662.7%
Operating Income

$29.1M

Previous: $28.8M+1.0%
Gross Profit

$55.4M

Previous: $48.9M+13.3%
Cash & Equivalents

$52.7M

Previous: $23.8M+121.2%
Total Assets

$435M

Previous: $195M+123.2%
Stock-Based Comp

$5.63M

Previous: $4.64M+21.5%

Revenue & EPS history

CompoSecure · Revenue · Quarterly

$107M

Q3 2024+10.6%vs Q3 2023
Beat estimate in 6 of 14 quarters(43%)
ActualEstimate

Forward guidance

CompoSecure is revising its full year Net Sales guidance to $418-$424 million and its Adjusted EBITDA guidance to $148-$151 million to reflect investments for future growth.

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 2024

Historical avgQ3 2024

-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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