XBP Europe Holdings, Inc. Reports Full Year 2023 Results [Yahoo! Finance]
XBP Europe Holdings, Inc. (XBP)
Company Research
Source: Yahoo! Finance
Net loss of $11.0 million includes restructuring charges of $6.7 million and transaction fees of $3.0 million High margin Technology segment grows year-over-year to 27% of total revenue in 2023 compared to 24% in 2022 Gross margin at 23%, which is inclusive of the restructuring charges Won a ~$48 million TCV contract in 2023, the largest contract win of the past five years Won ~$58 million of ACV in 2023 and expanded solutions launching Reaktr.ai and XBP Omnidirect LONDON and SANTA MONICA, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (“XBP” or the “Company”) (NASDAQ: XBP), a pan-European integrator of bills and payments and related solutions and services seeking to enable the digital transformation of its clients, announced today its financial results for the full year ended December 31, 2023. “We start the year as a newly listed public company, having completed our long-awaited business combination towards the very end of 2023. In 2024, we are foc
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