Currency Exchange International Reports Second Quarter 2025

From GlobeNewswire: 2025-06-11 18:49:00

Currency Exchange International, Corp. reported a net income of $1.98 million for Q2 of 2025, a 291% increase from the prior year. Adjusted net income increased by 18% and adjusted diluted earnings per share were 24% higher. Revenue declined by 3% due to decreased consumer demand for foreign currency. The decision to cease operations of Exchange Bank of Canada was made, with restructuring charges of $0.2 million. The Group’s financial position remained strong with $81.2 million in total equity. CXI’s shares are now trading on the OTCQX Best Market. CXI plans to host a conference call on June 12, 2025.



Read more at GlobeNewswire: Currency Exchange International Reports Second Quarter 2025