Xbp Global Holdings, Inc. · NASDAQ:XBP

Xbp Global — XBP Europe Holdings — Q1 2025 Earnings Presentation

16 slides from Xbp Global's earnings presentation, May 15, 2025

  1. Slide 1: First Quarter 2025 Results

    First Quarter 2025 Results May 15, 2025 ©XBP EUROPE 2025 PROPRIETARY & CONFIDENTIAL

  2. Slide 2: Safe Harbor Statements

    Safe Harbor Statements Forward-Looking Statements: Certain statements included in this presentation are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally

  3. Slide 3: XBP Europe at a glance

    XBP Europe at a glance Who Where XBP Europe (Nasdaq: XBP), is a pan-European integrator of bills, Secure hybrid cloud infrastructure enables XBP Europe to deploy its payments and related solutions and services. We serve many of the largest solutions to clients across EMEA. Our physical footprint spa

  4. Slide 4: XBP Europe solution suite - Summary

    XBP Europe solution suite - Summary Finance & Accounting Banking & Finance Enterprise Information Business Process Management (EIM) Management ● Exchange for Bills & Payments ● Confirmation of Payee (CoP) (XBP) ● Request to Pay (RtP) ● Document Digitisation ● Workflow Automation ● Procure to Pay (P2

  5. Slide 5: Who We Serve

    Who We Serve Serving over 2,000 clients across the public and private sectors Large Enterprises and Small Financial Institutions, Banks & Governments & Public Sector Businesses Finance Departments Insurance Companies Organizations Industry Specific and F&A, IPA, WFA, SaaS Digital Banking, Financial

  6. Slide 6: 1Q 2025 Financial Highlights

    1Q 2025 Financial Highlights ©XBP EUROPE 2025 PROPRIETARY & CONFIDENTIAL 6

  7. Slide 7: 1Q 2025 at a Glance

    1Q 2025 at a Glance Revenue Gross Margin Bills & Payments Technology $37.7M 30.1% Gross Margin Gross Margin 19.6% 54.5% YoY -1.2% YoY +380 bps YoY +590 bps YoY ~110 bps Sequentially +5.7% Sequentially +190 bps Sequentially -120 bps Sequentially +670 bps Revenue SG&A1 Operating Profit1 Adj EBITDA2 Mi

  8. Slide 8: 1Q 2025 Financial Highlights

    1Q 2025 Financial Highlights $ in thousands • Three consecutive quarters of sequential revenue growth as ~$25 million of active project ramp-ups accelerate, including recent operational go-live of His Majesty’s Passport Office (HMPO) • Gross margin improvement driven by operational leverage, increas

  9. Slide 9: Segment Profitability – 1Q 2025

    Segment Profitability – 1Q 2025 $ in thousands • Bills & Payments Gross Margin improvement driven by higher levels of automation and ongoing optimizations coupled with continued ramp of large contracts • Technology Gross Margin remains robust as a result of high margin software license sales and pro

  10. Slide 10: Appendix

    Appendix ©XBP EUROPE 2025 PROPRIETARY & CONFIDENTIAL 10

  11. Slide 11: Geographic Footprint and Key Operational Metrics

    Geographic Footprint and Key Operational Metrics XBP Europe solutions reach majority of populations in key markets. The Company processed several hundred million payment transactions in 2024. Pan-European Presence 15 Countries1 Norway (population 5 million) process 100% of bank giro 30 Locations Swe

  12. Slide 12: $143M FY2024 Revenue

    Client and industry diversification $143M FY2024 Revenue* * From Continuing Operations ©XBP EUROPE 2025 PROPRIETARY & CONFIDENTIAL 12

  13. Slide 13: Adjusted EBITDA Reconciliation From Continuing Operations

    Adjusted EBITDA Reconciliation From Continuing Operations $ in thousands (1) Adjustment represents costs associated with restructuring, including employee severance and vendor and lease termination costs. (2) Represents litigation settlement and associated expenses incurred in connection with the Co

  14. Slide 14: Non-GAAP Reconciliation

    Non-GAAP Reconciliation ©XBP EUROPE 2025 PROPRIETARY & CONFIDENTIAL 14

  15. Slide 15: Footnotes to Non-GAAP Reconciliation

    Footnotes to Non-GAAP Reconciliation • Constant currency excludes the impact of foreign currency fluctuations and is computed by applying the average exchange rates for the quarter ended March 31, 2024, to the revenues during the corresponding period in 2025. • Adjustment represents costs associated

  16. Slide 16: Thank You

    Thank You xbpeurope.com ©XBP EUROPE 2025 PROPRIETARY & CONFIDENTIAL

XBP Europe Holdings — Q1 2025 Earnings Presentation on 6ix