From GlobeNewswire: 2025-03-05 16:01:00

CompoSecure, Inc. reported a 8% increase in FY 2024 Net Sales to $420.6 million, with Cash Flow from Operations up 24% to $129.6 million and Free Cash Flow up 62% to $84.9 million. The company expects mid-single digit growth for 2025 Net Sales and Adjusted EBITDA, following the completion of the spin-off of Resolute Holdings on February 28, 2025.

During the fourth quarter of 2024, the company made strategic investments in the CompoSecure Operating System (COS) to drive organic and inorganic growth. For 2025, they plan to accelerate the adoption of COS and build sales momentum. The company closed the year with positive net contribution from Arculus in Q4 and expects it to be net positive for full year 2025.

Financially, in Q4 2024, Net Sales increased 1% to $100.9 million, while Adjusted Net Income increased 8% to $24.7 million. For the full year, Net Sales increased 8% to $420.6 million, Gross Profit was $219.2 million, and Adjusted EBITDA increased 4% to $151.4 million. The company’s balance sheet showed $77.5 million of cash and cash equivalents at December 31, 2024.

CompoSecure also highlighted key achievements for 2024, including appointing a new Executive Chairman, spinning off Resolute Holdings, and receiving multiple awards for their metal card programs. For 2025, the company expects mid-single digit growth in both Net Sales and Adjusted EBITDA, with sales momentum building throughout the year.

CompoSecure will host a conference call on March 5, 2025, at 5:00 p.m. Eastern Time to discuss its financial and operational results. A live webcast and replay will be available on the company’s investor relations section of their website. Founded in 2000, CompoSecure is a technology partner that combines elegance, simplicity, and security to deliver exceptional payment card experiences.



Read more at GlobeNewswire:: CompoSecure Reports Fourth Quarter and Full Year 2024