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Cpi Card Group Inc   (PMTS)
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    Sector  Services    Industry Publishing & Information
   Industry Publishing & Information
   Sector  Services
 
Price: $28.7300 $-0.32 -1.102%
Day's High: $29.69 Week Perf: -2.11 %
Day's Low: $ 28.73 30 Day Perf: 8.33 %
Volume (M): 10 52 Wk High: $ 30.97
Volume (M$): $ 280 52 Wk Avg: $20.16
Open: $29.09 52 Wk Low: $12.65



 Market Capitalization (Millions $) 338
 Shares Outstanding (Millions) 12
 Employees 1,386
 Revenues (TTM) (Millions $) 317
 Net Income (TTM) (Millions $) 19
 Cash Flow (TTM) (Millions $) 3
 Capital Exp. (TTM) (Millions $) 4

Cpi Card Group Inc

We are a leading provider of comprehensive Financial Payment Card solutions in North America. We define “Financial Payment Cards” as credit, debit and Prepaid Debit Cards issued on the networks of the “Payment Card Brands” (Visa, MasterCard, American Express and Discover) and Interac (in Canada). In 2015, we produced over 156.6 million EMV Financial Payment Cards and provided integrated card services to over 3,250 card-issuing banks. We define “Prepaid Debit Cards” as debit cards issued on the networks of the Payment Card Brands, but not linked to a traditional bank account. We have established a leading position in the Financial Payment Card market through more than 20 years of experience and are focused primarily on this growing subsector of the financial technology market. Our customers are primarily leading national and regional banks, independent community banks, credit unions, managers of prepaid debit programs, “Group Service Providers” (organizations that assist small card issuers, such as credit unions, with managing their credit and debit card programs, including managing the Financial Payment Card issuance process) and card processors. We serve a diverse set of over 4,000 direct and indirect customers, including many of the largest North American issuers of debit and credit cards such as JPMorgan Chase, Bank of America and Wells Fargo, the largest global managers of Prepaid Debit Card programs, including InComm, Green Dot, Blackhawk Network and American Express, as well as thousands of independent community banks, credit unions, Group Service Providers and card processors.

We serve our customers through a network of ten production and card services facilities, including eight high-security facilities in North America, each of which is certified by one or more of the Payment Card Brands and Interac (in Canada) and, where required by our customers, certified to be in compliance with the standards of the Payment Card Industry Security Standards Council (the “PCI Security Standards Council”). We have the largest such network of high-security production facilities in North America, allowing us to optimize our solutions offerings to serve the needs of our diverse and long-term customer base.

We estimate that we produce approximately 35% of all Financial Payment Cards in the United States, which we believe gives us the #1 market position by unit volume. We believe we have:

the #1 position in the U.S. prepaid debit market (which represents the fastest growing subset of the Financial Payment Card market in the United States), serving the top five U.S. Prepaid Debit Card program managers;

a leading position in the U.S. large issuer market, serving the majority of the top 20 U.S. debit and credit card issuers; and

the #1 position in the highly attractive U.S. small issuer market, which includes independent community banks and credit unions, driven by our strong relationships, capabilities and technologies.

We have grown our business significantly over the past decade, both organically and through acquisitions. Over that time period, we have completed six acquisitions, significantly increasing our geographic and market coverage, solutions offerings and capacity. On March 9, 2010, we purchased certain assets of Premier Card Solutions, a leading provider of Financial Payment Cards, data personalization services and tamper-evident security packaging for Prepaid Debit Cards that utilize the payment networks of the Payment Card Brands. The Premier Card Solutions transaction significantly enhanced our offering to Prepaid Debit Card customers. On September 2, 2014, we acquired EFT Source, a recognized leader in the financial technology industry that was named to American Banker and Bank Administration Institute’s FinTech Forward 100 in 2013, 2014 and 2015. The acquisition of EFT Source significantly enhanced our card services offering, added Card@Once® to our instant issuance card offering and expanded our end-to-end Financial Payment Card solutions.

In addition to our eight North American facilities, we have two facilities in the United Kingdom that produce retail cards, such as gift and loyalty cards, that are not issued on the networks of the Payment Card Brands, and personalization services.

Our business consists of the following reportable segments: U.S. Debit and Credit, which primarily produces Financial Payment Cards and provides integrated card services to card-issuing banks in the United States; U.S. Prepaid Debit, which primarily provides integrated card services to Prepaid Debit Card issuers in the United States; and U.K. Limited, which primarily produces retail cards, such as gift and loyalty cards for customers in the United Kingdom and continental Europe, and which are not certified by any of the Payment Card Brands or to be in compliance with the standards of the PCI Security Standards Council. Businesses not considered part of these segments are categorized as "Other" and include our operations in Ontario, Canada and Petersfield, United Kingdom. In August 2015, we completed the shut down and closure of our operations at our Petersfield, United Kingdom facility. The Petersfield, United Kingdom facility is not material to our business. Also included in “Other” is our corporate headquarters.


Leading Market Position with Long-Term Customer Relationships. As a market leader, we have long-standing trust-based relationships with our key customers and often deep process and technology integration, particularly in the case of customers who utilize our card services and instant issuance systems and services. The solutions that we provide require strict data integrity, and generally card issuers are reluctant to switch away from trusted providers due to the requirements for high-security and access to highly-sensitive cardholder information. As a result, our customers are selective about the partners with which they work and typically seek out partners who have a well-established reputation for trust and quality and are able to meet their service requirements.

We have long-standing relationships with our customers, many of whom we have served for decades and provide a differentiated level of service, as evidenced by our strong net promoter score, a customer satisfaction metric developed through customer satisfaction surveys conducted by an independent market research firm. We also maintain important relationships with the Payment Card Brands to ensure our facilities and processes consistently meet their standards.

Well Positioned for EMV Conversion in the United States. As a leading provider of integrated credit, debit and Prepaid Debit Card solutions in North America, we are well-positioned to capitalize on the U.S. market conversion to the Europay, Mastercard and Visa (“EMV”) chip technology. EMV is a global, technical standard, maintained by EMVCo for smart payment cards, and for payment terminals and automated teller machines that accept them. EMV cards are smart cards (also called chip cards) which store data on integrated circuits rather than magnetic stripes, although EMV cards may have magnetic stripes. EMV cards can be contact cards that must be physically inserted (or “dipped”) into a reader, contactless cards that can be read over a short distance using radio-frequency identification (“RFID”) technology, or cards with both contact and contactless functionality (“dual-interface EMV cards”). We serve our customers through a network of ten production and card services facilities, including eight high-security facilities in North America that are each certified by one or more of the Payment Card Brands, Interac (in Canada) and, where required by our customers, certified to be in compliance with the standards of the PCI Security Standards Council. We have made significant investments in our physical infrastructure and equipment platform to prepare for the EMV conversion, including opening a dedicated EMV technology center in Colorado for EMV Financial Payment Card production and personalization, and significant information technology, human capital and equipment upgrades across our network of facilities.

Comprehensive End-to-End Card Solutions Drive Deep Customer Integration. The foundation of our strong market position is our comprehensive end-to-end Financial Payment Card solutions. Our solutions provide a full suite of products and card services required to produce, personalize and fulfill Financial Payment Cards, while maintaining the stringent security requirements of the Payment Card Brands. We are integral to many of our customers’ card programs, pairing card production with an end-to-end offering of card data personalization and card services that are deeply integrated within our customers’ operations. We provide card data personalization services for financial institutions and managers of Prepaid Debit Card programs that require extensive technology integration, such as secure data links to transfer highly sensitive cardholder information. Similarly, our installed base of instant issuance systems at bank and credit union branches across the United States require comparable levels of customer integration, as our Card@Once® instant issuance system utilizes only our secure technology to instantly personalize cards. Certain customers have also integrated our proprietary software into their customer-facing websites to offer card design and customization to their cardholders. We believe that our comprehensive solution allows our customers to choose a single trusted partner to address their card program needs in a cost-effective manner instead of managing multiple suppliers across a complex value chain. We believe our customers choose and retain us for these critical functions, which typically require integrations that are costly and complex, due to our reputation as a trusted partner, our high levels of service and proven execution.

Certified Network of North American High-Security Facilities. Our eight high-security North American facilities are each certified by one or more of the Payment Card Brands and Interac (in Canada), forming the largest network of certified production facilities in North America. The Payment Card Brand certifications allow us to produce cards bearing these brands and provide relevant card services for our issuer customers. Additionally, many of our facilities are also certified to be in compliance with the standards of the PCI Security Standards Council. These certification processes are long, complex and costly, and our facilities must comply with strict standards of security in order to obtain and retain this designation, which are regularly verified by both the Payment Card Brands and our customers.

Industry Experience and Proprietary and Patented Solutions. Over the course of our long operating history, we have developed extensive technological, engineering and operational expertise that we believe has made us a leader in our industry for product and process know-how. We believe that our technological and operational know-how, combined with our specific focus on the Financial Payment Card market, gives us a competitive advantage and fosters a culture of innovation. We have developed and acquired significant intellectual property over our operating history and hold 19 U.S. patents, as well as 30 pending U.S. and foreign patent applications, on our Financial Payment Card solutions, including patents on our instant issuance offering, and patents on our tamper-evident security packaging used by our customers that have Prepaid Debit Card offerings. We also hold exclusive production rights to certain products the Company has developed, as well as patented software solutions such as our MYCA™ offering, which is integrated into the websites of over 300 card issuing banks and other customers.

Strong Management Team. We have built a strong management team led by Steven Montross, our CEO and President. Mr. Montross has led CPI for seven years and under his leadership we have completed three strategic acquisitions and we have experienced significant growth. Our management team has established a track record of recognizing and capitalizing on growth opportunities across the markets we serve. Management identified and drove our expansion into Prepaid Debit Card services during the early market adoption period of this card product. Similarly, our management team devised and executed on a strategy to develop our card services offering, which was accelerated by our acquisition of EFT Source.



   Company Address: 10368 W. Centennial Road Littleton 80127 CO
   Company Phone Number: 681-6304   Stock Exchange / Ticker: NASDAQ PMTS
   


Customers Net Income fell by PMTS's Customers Net Profit Margin fell to

-0.59 %

18.19 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

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Cpi Card Group Inc

Financial Rollercoaster: Cpi Card Group Inc. Faces Revenue Contraction in First Quarter of 2024

Cpi Card Group Inc (CPAG) has recently reported their financial results for the three months ending March 31, 2024, and the numbers show a decline in both top and bottom-line figures. This has led to a significant impact on the company's shares, with a drop of -52.96% compared to a year ago and a decrease of -5.26% in the past 90 days. These results have raised concerns among investors, but it is important not to overlook the positive aspects of the company's performance.
During the first quarter of 2024, Cpi Card Group Inc witnessed a decline in earnings per share (EPS) by -49.45%, with revenue dropping by -10.859% year on year. The revenue for this period was $81.52 million, compared to $91.45 million in the same period of the previous year. Similarly, the EPS declined from $0.91 to $0.46. However, considering the prior three months, the company's income per share experienced a notable improvement of 103.79% from $0.23 per share. Additionally, revenue showed a positive growth of 8.598%, reaching $75.06 million.

Cpi Card Group Inc

Financial Struggles Plague Cpi Card Group Inc in Q4 2023

The Financial Challenges Faced by Cpi Card Group Inc in Q4 2023
As an investor, it is crucial to closely examine the financial performance of companies in order to make informed decisions. The latest financial results of Cpi Card Group Inc for the October to December 31, 2023 fiscal interval reveal some concerning trends. With a significant decline in both income and revenue, Cpi Card Group Inc faced several challenges during this period.
Starting with income per share, the numbers speak for themselves. Cpi Card Group Inc experienced a drastic drop of -78.71% from $1.06 per share in the previous year to a mere $0.23 per share. This is a clear indicator of the struggles that the company faced in generating profits. Even when compared to the preceding reporting period, the income declined by -31.6% from $0.33 per share.

Cpi Card Group Inc

Cpi Card Group Inc Faces Steep 18.5% Revenue Decline, Casting a Shadow on Print Media & Newspaper Publishing Industry Success



Cpi Card Group Inc, a leading company operating in the card manufacturing industry, experienced a significant deterioration in financial performance during the third quarter of the 2023 earnings season. This article aims to provide an overview of the key facts, interpreting the financial results and providing context for the company's current situation.
Financial results:
1. Earnings Per Share (EPS): The company's EPS for Q3 2023 plummeted by -67.33% to $0.33 per share, compared to $1.01 per share in the same quarter of the previous year. Additionally, profit dropped by -40% from $0.55 per share in the previous reporting period.

Cpi Card Group Inc

CPI Card Group Inc Sees Impressive Profit Surge of 5.77% in Q2 2023 Despite Mixed Results

Financial News Report: CPI Card Group Inc Reports Mixed Results for Q2 2023
CPI Card Group Inc, a leading provider of payment card solutions, recently announced its financial results for the period of April to June 30, 2023. While the company experienced a surge in income per share, its revenue and net earnings declined. Despite these mixed results, CPI Card Group Inc emphasized improving profit margins and a rise in operating earnings.
During the Q2 2023 period, CPI Card Group Inc reported a 5.77% increase in income per share, rising from $0.52 per share to $0.55 per share, compared to the same period a year ago. However, income faded by -39.56% from the preceding reporting season, decreasing from $0.91 per share to $0.55 per share.

Cpi Card Group Inc

CPI Card Group Inc. Reports Impressive Income Growth Amidst Revenue Decline in Q1 2023 Earnings Season

CPI Card Group Inc., a leading provider of payment card solutions, has reported an impressive rise in income for the first quarter of 2023 earnings season year on year, even as revenue declined. The company's income per share rose by an impressive 78.43% to $0.91 per share, while revenue fell by 41.646%, reaching $91.45 million.
Compared to the previous reporting period, the company's profits fell by 14.17% from $1.06 per share, while revenue increased by 1.99% from $89.66 million. Despite the decline in revenue, CPI Card Group's bottom-line for the financial first quarter of 2023 increased by a staggering 81.16%, reaching $10.873 million, compared to net earnings of $6.002 million in the same quarter a year ago.






 

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