CPI Card Group Inc. (PMTS) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
10368 WEST CENTENNIAL RD LITTLETON, CO 80127 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 275 - Commercial Printing (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 11,037 | 20,683 | 57,603 | 18,682 | 20,291 | 23,205 | |||
| Cash and cash equivalents | 11,037 | 20,683 | 57,603 | 18,682 | 20,291 | 23,205 | |||
| Receivables | 80,755 | 61,487 | 65,103 | 46,996 | 49,358 | 45,972 | |||
| Inventory, net of allowances, customer advances and progress billings | 68,399 | 58,009 | 24,796 | 20,192 | 9,827 | 16,237 | |||
| Inventory | 68,399 | 58,009 | 24,796 | 20,192 | 9,827 | 16,237 | |||
| Other undisclosed current assets | 7,379 | 5,522 | 5,032 | 6,345 | 4,997 | 3,960 | |||
| Total current assets: | 167,570 | 145,701 | 152,534 | 92,215 | 84,473 | 89,374 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 57,178 | 47,251 | 39,403 | 42,088 | 39,110 | 49,300 | |||
| Intangible assets, net (including goodwill) | 65,138 | 69,004 | 73,357 | 77,952 | 82,587 | 95,083 | |||
| Goodwill | 47,150 | 47,150 | 47,150 | 47,150 | 47,150 | 53,611 | |||
| Intangible assets, net (excluding goodwill) | 17,988 | 21,854 | 26,207 | 30,802 | 35,437 | 41,472 | |||
| Other noncurrent assets | 6,780 | 6,184 | 857 | 1,232 | 1,034 | 248 | |||
| Other undisclosed noncurrent assets | |||||||||
| Total noncurrent assets: | 129,096 | 122,439 | 113,617 | 121,272 | 122,731 | 144,631 | |||
| TOTAL ASSETS: | 296,666 | 268,140 | 266,151 | 213,487 | 207,204 | 234,005 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 64,441 | 63,593 | 47,032 | 39,302 | 40,364 | 30,365 | |||
| Accounts payable | 24,371 | 26,443 | 18,883 | 16,482 | 16,511 | 16,545 | |||
| Accrued liabilities | 40,070 | 37,150 | 28,149 | 22,820 | 23,853 | 13,820 | |||
| Deferred revenue | 3,571 | 1,182 | 1,868 | 468 | ✕ | ✕ | |||
| Debt | 8,027 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 4,177 | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 912 | ✕ | ||
| Total current liabilities: | 68,012 | 64,775 | 56,927 | 39,770 | 41,276 | 34,542 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 306,862 | 303,869 | |||||||
| Long-term debt, excluding current maturities | 305,818 | 303,869 | |||||||
| Capital lease obligations | ✕ | ✕ | ✕ | ✕ | ✕ | 1,044 | |||
| Liabilities, other than long-term debt | 25,209 | 20,759 | 18,580 | 18,374 | 3,937 | 2,882 | |||
| Deferred income tax liabilities | 6,808 | 5,253 | 7,409 | 6,896 | ✕ | ✕ | |||
| Other liabilities | 18,401 | 15,506 | 11,171 | 11,478 | 3,937 | 2,882 | |||
| Other undisclosed noncurrent liabilities | 285,522 | 303,626 | 328,681 | 307,778 | 4,705 | 12,286 | |||
| Total noncurrent liabilities: | 310,731 | 324,385 | 347,261 | 326,152 | 315,504 | 319,037 | |||
| Total liabilities: | 378,743 | 389,160 | 404,188 | 365,922 | 356,780 | 353,579 | |||
| Equity | |||||||||
| Equity, attributable to parent | (82,077) | (121,020) | (138,037) | (152,435) | (149,576) | (119,574) | |||
| Common stock | 11 | 11 | 11 | 11 | 11 | 11 | |||
| Additional paid in capital | (108,379) | (110,782) | (111,858) | (111,988) | (112,223) | (113,081) | |||
| Accumulated other comprehensive loss | (1,360) | (5,138) | |||||||
| Retained earnings (accumulated deficit) | 26,291 | (10,249) | (26,190) | (40,458) | (36,004) | (1,366) | |||
| Total equity: | (82,077) | (121,020) | (138,037) | (152,435) | (149,576) | (119,574) | |||
| TOTAL LIABILITIES AND EQUITY: | 296,666 | 268,140 | 266,151 | 213,487 | 207,204 | 234,005 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 475,745 | 375,119 | 312,189 | 278,073 | 255,814 | 254,862 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 254,862 | |
| Cost of revenue (Cost of Goods and Services Sold) | (299,978) | (233,693) | (201,881) | (186,754) | (177,224) | (179,871) | ||
| Gross profit: | 175,767 | 141,426 | 110,308 | 91,319 | 78,590 | 74,991 | ||
| Operating expenses | (96,637) | (81,962) | (71,917) | (65,775) | (74,002) | (93,096) | ||
| Operating income (loss): | 79,130 | 59,464 | 38,391 | 25,544 | 4,588 | (18,105) | ||
| Nonoperating income (expense) | 107 | 14 | (109) | (1,331) | (295) | 571 | ||
| Gain (loss), foreign currency transaction, before tax | (7) | (1,327) | (311) | 560 | ||||
| Other nonoperating income (expense) | 107 | 14 | (102) | (4) | 16 | 11 | ||
| Interest and debt expense | (474) | (5,048) | (540) | (290) | ||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (24,857) | (24,601) | (23,431) | (20,848) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 78,763 | 54,430 | 12,885 | (678) | (19,138) | (38,382) | ||
| Other undisclosed loss from continuing operations before income taxes | (29,616) | (30,608) | ||||||
| Income (loss) from continuing operations before income taxes: | 49,147 | 23,822 | 12,885 | (678) | (19,138) | (38,382) | ||
| Income tax expense (benefit) | (12,607) | (7,881) | 3,305 | (3,652) | 4,339 | 16,372 | ||
| Income (loss) from continuing operations: | 36,540 | 15,941 | 16,190 | (4,330) | (14,799) | (22,010) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | 15,941 | 16,190 | (4,330) | (14,799) | (22,010) | |
| Other undisclosed net loss | (61) | (124) | (22,663) | |||||
| Net income (loss) available to common stockholders, diluted: | 36,540 | 15,941 | 16,129 | (4,454) | (37,462) | (22,010) | ||
Comprehensive Income ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 36,540 | 15,941 | 16,129 | (4,454) | (37,462) | (22,010) | ||
| Comprehensive income (loss): | 36,540 | 15,941 | 16,129 | (4,454) | (37,462) | (22,010) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 1,360 | 3,778 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 36,540 | 15,941 | 16,129 | (3,094) | (33,684) | (22,010) | ||
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.