XBP Global Holdings Earnings Call Transcripts
Fiscal Year 2025
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Revenue and EBITDA declined year-over-year due to restructuring and client exits, but gross margins improved from automation and AI initiatives. New sales momentum is evident, with strong Q4 bookings and a growing pipeline, positioning for margin expansion in 2026.
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A recent acquisition expanded operations to 20 countries, stabilizing revenues and improving margins through AI-driven automation. Multi-year contracts in public sector and healthcare are driving growth, with refinancing plans set to reduce interest costs and further boost cash flow.
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Q3 2025 pro forma revenue fell 18.1% year-over-year to $220.4M, but gross margin and adjusted EBITDA improved due to automation and cost discipline. The acquisition of Exela BPA expanded scale and capabilities, with new contracts and a strong client base supporting future growth.