XBP Global Holdings, Inc.
Business
XBP Global Holdings, Inc. is a pan-European integrator that provides bills, payments and digital transformation solutions to public and private sector clients. It offers a suite of products and services including the XBP Platform for bill presentment and payments, Request to Pay and Confirmation of Payee overlays, enterprise information management, robotic process automation, Digital Mailroom, workflow automation, integrated communications, and cybersecurity/data modernization via Reaktr.ai. The company reports through Bills & Payments and Technology segments. It serves over 2,000 clients across Europe with cloud, on-premises and hybrid deployment and SaaS distribution channels.
Summary from filing dated 2025-03-19
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2023 2023-11-30 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|---|
| Revenue | — | 873 | — | — | — | |
| Selling, general and administrative expenses (exclusive of depreciation and amortization) | — | 124 | 31 | — | 33 | |
| Depreciation and amortization | — | 50 | 3 | — | 4 | |
| Impairment of goodwill | 320 | 108 | — | — | — | |
| Operating profit (loss) | — | −105 | 1 | — | −2 | |
| Interest expense, net | — | 102 | — | — | — | |
| Debt modification and extinguishment loss (gain), net | — | 363,000 | — | — | — | |
| Sundry expense (income), net | — | −2 | — | — | — | |
| Other income, net | — | −515,000 | −929,000 | — | −804,000 | |
| Loss before reorganization items and income taxes | — | −205 | — | — | — | |
| Income / (loss) before income taxes | — | −205 | −5 | — | −5 | |
| Income tax expense | — | 10 | 606,000 | — | 3 | |
| Net profit (loss) | — | −215 | −11 | −13 | −8 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2025 2025-09-30 | FY 2025 2025-07-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 37 | — | 12 | 12 | 7 | |
| Restricted cash | 32 | — | 31 | 52 | — | |
| Accounts receivable, net of allowance for credit losses of $5,660 and $3,279, respectively | 130 | — | 113 | 19 | 43 | |
| Related party receivables and prepaid expenses | 736,000 | — | 4 | 12 | — | |
| Inventories, net | 11 | — | 7 | 7 | 4 | |
| Prepaid expenses and other current assets | 29 | — | 27 | 22 | 7 | |
| Total current assets | 240 | — | 192 | 124 | 50 | |
| Property, plant and equipment, net of accumulated depreciation of $11,094 and $193,946, respectively | 83 | — | 73 | 45 | 13 | |
| Operating lease right-of-use assets, net | 30 | — | 30 | 31 | 5 | |
| Goodwill | 190 | 190 | 510 | 40 | 23 | |
| Intangible assets, net | 344 | — | 321 | 133 | 1 | |
| Other noncurrent assets | 15 | — | 19 | 18 | 705,000 | |
| Total assets | 902 | — | 1,088 | 390 | 103 | |
| Current portion of long-term debt | 34 | — | 30 | 1,433 | 4 | |
| Accounts payable | 56 | — | 42 | 43 | 13 | |
| Related party payables | 5 | — | 1 | 3 | 13 | |
| Income tax payable | 6 | — | 2 | 6 | — | |
| Accrued liabilities | 47 | — | 41 | 45 | 24 | |
| Accrued compensation and benefits | 56 | — | 34 | 68 | 16 | |
| Accrued interest | 14 | — | 2 | 80 | — | |
| Customer deposits | 22 | — | 18 | 20 | — | |
| Deferred revenue | 12 | — | — | 7 | 6 | |
| Deferred revenue | — | — | 10 | — | — | |
| Obligation for claim payment | 56 | — | 53 | 71 | — | |
| Current portion of finance lease liabilities | 4 | — | 5 | 5 | 91,000 | |
| Current portion of operating lease liabilities | 10 | — | 9 | 9 | 2 | |
| Total current liabilities | 322 | — | 248 | 1,790 | 82 | |
| Long-term debt, net of current maturities | 353 | — | 307 | 1 | — | |
| Finance lease liabilities, net of current portion | 7 | — | 7 | 6 | 23,000 | |
| Net defined benefit liability | 6 | — | 1 | 1 | 12 | |
| Deferred income tax liabilities | 53 | — | 50 | 13 | — | |
| Long-term income tax liabilities | 11 | — | 8 | 8 | — | |
| Operating lease liabilities, net of current portion | 23 | — | 23 | 24 | 4 | |
| Other long-term liabilities | 41 | — | 38 | 3 | 2 | |
| Total liabilities | 815 | — | 681 | 1,847 | 115 | |
| Commitments and Contingencies (Note 16) | — | — | — | — | — | |
| Successor's common stock, par value of $0.0001 per share; 400,000,000 shares authorized; 11,755,434 shares issued and outstanding as of December 31, 2025 | 12,000 | — | 8,000 | 0 | 30,000 | |
| Successor's preferred stock, par value of $0.0001 per share; 20,000,000 shares authorized; none issued and outstanding as of December 31, 2025 | 0 | — | — | 0 | — | |
| Additional paid in capital | 438 | — | 407 | 0 | — | |
| Accumulated deficit | −351 | — | — | 0 | −11 | |
| Predecessor's net parent investment | 0 | — | 0 | −1,450 | — | |
| Foreign currency translation adjustment | −1 | — | 0 | −7 | −1 | |
| Unrealized pension actuarial gains, net of tax | 2 | — | — | 0 | 157,000 | |
| Total accumulated other comprehensive profit (loss) | 455,000 | — | 0 | −7 | −1 | |
| Total stockholder's equity (deficit) | 87 | — | 437 | −1,457 | −1,244 | |
| Total liabilities and stockholder's equity (deficit) | 902 | — | 1,088 | 390 | 103 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|
| Original issue discount, debt premium and debt issuance cost amortization | −66 | — | — | — | |
| Reorganization items | 0 | — | — | — | |
| Interest on BR Exar AR Facility | −5 | — | — | — | |
| Provision for credit losses | 18 | 343,000 | 181,000 | — | |
| Deferred income tax provision | 939,000 | — | — | — | |
| Equity-based compensation expense | 2 | — | 49,411 | 146,555 | |
| Unrealized foreign currency (gain) loss | −364,000 | −616,000 | 2 | — | |
| Loss (gain) on sale of assets | −96,000 | — | — | — | |
| Fair value adjustment for private warrants liability | 0 | — | — | — | |
| Paid-in-kind interest | 87 | — | — | — | |
| Accounts receivable | 6 | 6 | −3 | — | |
| Prepaid expenses and other current assets | 2 | 2 | 4 | — | |
| Accounts payable and accrued liabilities | 33 | — | — | — | |
| Related party receivables (payables) | 2 | — | — | — | |
| Additions to outsourced contract costs | −390,000 | — | — | — | |
| Net cash provided by (used in) operating activities | 23 | −2 | 10 | — | |
| Net cash received from acquisition (Refer Note 5) | 0 | — | — | — | |
| Purchase of property, plant and equipment | −6 | −2 | −6 | — | |
| Additions to internally developed software | −3 | — | — | — | |
| Proceeds from sale of assets | 3 | — | — | — | |
| Net cash used in investing activities | −6 | −3 | −6 | −250 | |
| Cash paid for debt issuance costs | −533,000 | — | — | −5 | |
| Principal payments on finance lease obligations | −7 | −786,000 | −1 | — | |
| Borrowings from other loans | 15 | — | — | — | |
| Proceeds from Super Senior Term Loan | 0 | — | — | — | |
| Repayment of Second Lien Note | −6 | −92 | −124 | — | |
| Proceeds from DIP New Money Loans | 0 | — | — | — | |
| Principal repayments on senior secured term loans and other loans | −11 | — | — | — | |
| Net cash provided by (used in) financing activities | −3 | −305,000 | −1 | 250 | |
| Effect of exchange rates on cash, restricted cash and cash equivalents | −3 | 4 | 2 | — | |
| Net increase (decrease) in cash, restricted cash and cash equivalents | 11 | −568,000 | 5 | — | |
| Income tax payments, net of refunds received | 4 | 1 | 1 | — | |
| Interest paid | 75 | 2 | 3 | — | |
| Cash paid for reorganization items | 0 | — | — | — | |
| Assets acquired through right-of-use arrangements | 23 | — | — | — | |
| Waiver and consent fee payable added to outstanding balance of Senior Secured Term Loan | 1 | — | — | — | |
| Promissory note issued for assets acquisition | 2 | — | — | — | |
| Common stock issued for the Business Combination | 0 | — | — | — | |
| Common stock issued to settle liabilities subject to compromise | 0 | — | — | — | |
| Issuance of July 2030 Notes for settlement of the DIP Facility | 0 | — | — | — | |
| Conversion of DIP Facility into Super Senior Term Loan | 0 | — | — | — | |
| Accrued capital expenditures | 1 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is XBP Global Holdings, Inc.'s CIK number?
XBP Global Holdings, Inc.'s SEC CIK number is 0001839530 (1839530). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find XBP Global Holdings, Inc.'s SEC filings?
All of XBP Global Holdings, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did XBP Global Holdings, Inc. last report earnings?
XBP Global Holdings, Inc. (XBPEW) most recently filed an earnings 8-K with the SEC on May 14, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-26-061228). This is XBP Global Holdings, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is XBP Global Holdings, Inc.'s most recent earnings 8-K?
XBP Global Holdings, Inc.'s latest earnings 8-K (Item 2.02) was filed May 14, 2026 under accession 0001104659-26-061228. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View XBP Global Holdings, Inc.'s latest earnings 8-K →
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