CompoSecure Inc. (CMPO) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
309 PIERCE STREET SOMERSET, NJ 08873 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6199 - Finance Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 55,146 | 41,216 | 23,817 | 22,614 | 22,566 | 13,642 | |||
| Cash and cash equivalents | 55,146 | 41,216 | 23,817 | 22,614 | 22,566 | 13,642 | |||
| Receivables | 35,110 | 40,488 | 48,533 | 36,534 | 39,187 | 37,272 | |||
| Inventory, net of allowances, customer advances and progress billings | 55,197 | 52,540 | 51,988 | 48,889 | 51,275 | 42,374 | |||
| Inventory | 55,197 | 52,540 | 51,988 | 48,889 | 51,275 | 42,374 | |||
| Other undisclosed current assets | 5,252 | 5,133 | 3,911 | 4,096 | 4,197 | 3,824 | |||
| Total current assets: | 150,705 | 139,377 | 128,249 | 112,133 | 117,225 | 97,112 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 6,964 | 7,473 | 7,950 | 8,427 | 8,960 | 8,932 | |||
| Property, plant and equipment | 24,604 | 25,212 | 23,076 | 24,182 | 24,282 | 22,655 | |||
| Derivative instruments and hedges | 5,745 | 5,258 | 8,055 | 8,329 | 6,957 | 8,651 | |||
| Deferred income tax assets | 25,529 | 23,697 | 27,693 | 27,968 | 28,328 | 25,569 | |||
| Other undisclosed noncurrent assets | 24 | 24 | 24 | 24 | 24 | 24 | |||
| Total noncurrent assets: | 62,866 | 61,664 | 66,798 | 68,930 | 68,551 | 65,831 | |||
| TOTAL ASSETS: | 213,571 | 201,041 | 195,047 | 181,063 | 185,776 | 162,943 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 18,220 | 17,179 | 28,283 | 17,401 | 27,717 | 17,281 | |||
| Accounts payable | 4,747 | 5,193 | 14,065 | 6,635 | 15,494 | 7,127 | |||
| Accrued liabilities | 13,473 | 11,986 | 14,218 | 10,766 | 12,223 | 10,154 | |||
| Debt | 11,875 | 10,313 | 10,333 | 18,750 | 18,750 | 14,372 | |||
| Other undisclosed current liabilities | 12,260 | 13,418 | 14,253 | 14,700 | 12,631 | 13,340 | |||
| Total current liabilities: | 42,355 | 40,910 | 52,869 | 50,851 | 59,098 | 44,993 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 320,258 | 326,163 | 330,547 | 334,929 | 339,475 | 343,624 | |||
| Long-term debt, excluding current maturities | 320,258 | 326,163 | 330,547 | 334,929 | 339,475 | 343,624 | |||
| Liabilities, other than long-term debt | 5,655 | 6,220 | 6,751 | 7,257 | 7,757 | 8,051 | |||
| Operating lease, liability | 5,655 | 6,220 | 6,751 | 7,257 | 7,757 | 7,766 | |||
| Derivative instruments and hedges, liabilities | 285 | ||||||||
| Other undisclosed noncurrent liabilities | 42,674 | 33,521 | 43,723 | 59,928 | 70,601 | 58,273 | |||
| Total noncurrent liabilities: | 368,587 | 365,904 | 381,021 | 402,114 | 417,833 | 409,948 | |||
| Total liabilities: | 410,942 | 406,814 | 433,890 | 452,965 | 476,931 | 454,941 | |||
| Temporary equity, carrying amount | 596,587 | 596,587 | 596,587 | 596,587 | 596,587 | 600,234 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (793,958) | (802,360) | (835,430) | (868,489) | (887,742) | (892,232) | |||
| Additional paid in capital | 40,494 | 39,466 | 34,765 | 30,137 | 25,576 | 24,107 | |||
| Accumulated other comprehensive income | 5,443 | 4,991 | 7,646 | 7,910 | 6,634 | 8,283 | |||
| Accumulated deficit | (839,903) | (846,825) | (877,849) | (906,544) | (919,960) | (924,630) | |||
| Other undisclosed equity, attributable to parent | 8 | 8 | 8 | 8 | 8 | 8 | |||
| Total equity: | (793,958) | (802,360) | (835,430) | (868,489) | (887,742) | (892,232) | |||
| TOTAL LIABILITIES AND EQUITY: | 213,571 | 201,041 | 195,047 | 181,063 | 185,776 | 162,943 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 104,010 | 99,900 | 96,886 | 98,527 | 95,316 | 93,789 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (48,797) | (47,005) | (47,990) | (44,590) | (41,962) | (43,514) | ||
| Gross profit: | 55,213 | 52,895 | 48,896 | 53,937 | 53,354 | 50,275 | ||
| Operating expenses | (24,077) | (22,368) | (20,095) | (23,588) | (23,944) | (25,424) | ||
| Operating income: | 31,136 | 30,527 | 28,801 | 30,349 | 29,410 | 24,851 | ||
| Nonoperating income (expense) | (14,899) | 4,397 | 10,197 | 3,331 | (19,936) | (1,873) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (19,513) | (14,188) | ||||||
| Income from continuing operations before equity method investments, income taxes: | 16,237 | 15,411 | 38,998 | 33,680 | 9,474 | 8,790 | ||
| Other undisclosed income from continuing operations before income taxes | 19,513 | 14,188 | ||||||
| Income from continuing operations before income taxes: | 16,237 | 34,924 | 38,998 | 33,680 | 9,474 | 22,978 | ||
| Income tax expense (benefit) | 836 | (3,900) | (949) | (970) | 1,263 | (622) | ||
| Net income: | 17,073 | 31,024 | 38,049 | 32,710 | 10,737 | 22,356 | ||
| Net loss attributable to noncontrolling interest | (13,048) | (27,628) | (30,574) | (26,973) | (8,408) | (19,185) | ||
| Net income attributable to parent: | 4,025 | 3,396 | 7,475 | 5,737 | 2,329 | 3,171 | ||
| Preferred stock dividends and other adjustments | (13,048) | (30,574) | 26,973 | (12,055) | ||||
| Other undisclosed net income (loss) available to common stockholders, basic | 13,048 | 30,574 | (26,973) | 12,055 | ||||
| Net income available to common stockholders, basic: | 4,025 | 3,396 | 7,475 | 5,737 | 2,329 | 3,171 | ||
| Dilutive securities, effect on basic earnings per share | 11,995 | 4,120 | 4,810 | 4,410 | 8,410 | 2,571 | ||
| Net income available to common stockholders, diluted: | 16,020 | 7,516 | 12,285 | 10,147 | 10,739 | 5,742 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 17,073 | 31,024 | 38,049 | 32,710 | 10,737 | 22,356 | ||
| Net loss attributable to redeemable noncontrolling interest | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other comprehensive income (loss) | 452 | (2,655) | (264) | 1,276 | (1,649) | (716) | ||
| Comprehensive income: | 17,525 | 28,369 | 37,785 | 33,986 | 9,088 | 21,640 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (13,048) | (27,628) | (30,574) | (26,973) | (8,408) | (19,185) | ||
| Comprehensive income, net of tax, attributable to parent: | 4,477 | 741 | 7,211 | 7,013 | 680 | 2,455 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.