Xbp Global Holdings, Inc. · NASDAQ:XBP
Xbp Global — Sidoti 2025 Year End Virtual Investor Conference
24 slides from Xbp Global's conference presentation, Dec 10, 2025
Slide 1: Sidoti 2025 Year End Virtual Investor Conference
Sidoti 2025 Year End Virtual Investor Conference Andrej Jonovic, Chief Executive Officer Dejan Avramovic, Chief Financial Officer David Shamis, VP Investor Relations December 10-11, 2025 ©XBP GLOBAL 2025 PROPRIETARY & CONFIDENTIAL 1
Slide 2: Safe Harbor Statements
Safe Harbor Statements About Pro Forma Financial Information This presentation includes certain pro forma financial information, which is presented for informational purposes only and is not prepared in accordance with U.S. generally accepted accounting principles (“GAAP”). Pro forma results are pre
Slide 3: Meet the New XBP Global
Meet the New XBP Global XBP Europe and Exela Technologies BPA unite to launch a transformative new beginning On July 29, 2025, XBP Europe Holdings, Inc. finalized its acquisition of Exela Technologies BPA, LLC (“BPA”). The combined entity operates under the new name XBP Global Holdings, Inc. (“XBP G
Slide 4: A Global Presence With a Local Focus
A Global Presence With a Local Focus 30+ 2500+ 60+ Years long journey Global clients across Percent of the Fortune® from automation to industries and 100 served over time hyper-automation public and private sectors ~11K 20 Employees Countries with Physical Presence ©XBP GLOBAL 2025 PROPRIETARY & CON
Slide 5: Client Metrics
Client Metrics Low concentration of clients across industries and a balanced distribution with top 50 clients accounting for 59% of revenue (in $ Millions) Number of Active Clients 2,680 Regions Europe Americas $37.8M $182M Client Concentration (as % of TTM Revenue) Top 3 Top 5 Top 10 Top 20 Top 50
Slide 6: Our Flagship Solutions
Omnichannel Marketing Public Sector Healthcare Solutions for Our Communications • High-volume Marketing • Public Sector Financial & Payers and Providers AI-Enabled Payer Solutions Flagship • Communications Services AI infused Digital Commerce Information Management Solutions • • Member Management Ne
Slide 7: Segments
Segments ($ in Millions) Applied Workflow Automation: · Bills & Payments · Data Capture, Analysis and Transformation · Healthcare Solutions · On-Site Enterprise Solutions · Integrated Communication Solutions · Enterprise Legal Management Technology: · Software licenses and maintenance · Professional
Slide 8: XBP Annual Statistics Overview - Metrics Highlighting our Scale
XBP Annual Statistics Overview - Metrics Highlighting our Scale Our proprietary platforms, agentic AI-driven automation, and deep domain expertise across industries and the public and private sectors enable our clients to entrust us with their most impactful workflows Integrated Legal Communication
Slide 9: Endorsed by Top Analyst Firms
Endorsed by Top Analyst Firms Acknowledged by leading analyst firms for delivering high-performance solutions across diverse industries INTELLIGENT AUTOMATION HC PROVIDER HC PAYER FINANCE & ACCOUNTING Strong Major Leader Leader Performer Player Forrester - Task-Centric Automation NelsonHall - Health
Slide 10: XBP Global AI Strategy: Innovate, Optimize, & Empower
XBP Global AI Strategy: Innovate, Optimize, & Empower Vision: To integrate AI across the enterprise to drive efficiency, enhance customer experiences, and augment our workforce. Strategic Goals AI Toolkit Implementation Model • Enhanced Customer • Agentic AI • For autonomous, • Internally Developed
Slide 11: World-Class AI in Production
World-Class AI in Production World-class AI deployment already Handles diverse document in production, driving significant types: margin improvements. ● Healthcare: HCFA, EOBs, complex correspondence ● Finance: Insurance documents, claims, and more Supports industry-standard outputs (JSON, XML, EDI)
Slide 12: AI Impact
AI Impact Agentic AI's Transformative Influence Increased Efficiency & Enhanced Customer Human Augmentation Replacement Potential Productivity: Experiences: (Key Focus): (Quantifiable Impact): • Automates decision- • Delivers personalized and • Enhances human • Takes over functions intensive tasks,
Slide 13: Case Studies
Case Studies ©XBPGLOBAL ©XBP GLOBAL 2025 2025 PROPRIETARY & CONFIDENTIAL 13
Slide 14: Case Study #1: His Majesty's Passport Office (HMPO)
Case Study #1: His Majesty’s Passport Office (HMPO) Challenge: Client Outcome: The General Records Office (GRO) holds birth, marriage and death records dating XBP Global’s AI-powered IDP solution for HMPO improves efficiency by back to 1837. Digitally transforming these records is complex due to the
Slide 15: Case Study #2: Department of Veteran Affairs
Case Study #2: Department of Veteran Affairs About the Client Challenge Solution • VA's Veterans Health • VA is driving the largest • Hawkeye Series scans any Administration is the expansion of Veteran document in just 0.3 seconds largest integrated healthcare and benefits in per image, with smart A
Slide 16: Automation Trends led by Expanding AI Enablement
Automation Trends led by Expanding AI Enablement Driving Superior Labor Efficiency Through Automation Headcount Trends Revenue per Employee vs Peers (TTM) (in $ thousands) · Our headcount fluctuates in part due to revenue changes; · The broader peer group comps average is $57.5k of revenue however,
Slide 17: Quarterly Financial Performance
Quarterly Financial Performance Pro Forma Revenue and Gross Margin Pro Forma Adjusted EBITDA1 (Revenue in $ Millions) (in $ Millions) · Outside of the one-time project in 3Q 24 totaling $36.5m, revenue now · Adjusted EBITDA growth driven by higher reliance on stabilizing while Gross Margin remains o
Slide 18: Recently Announced Wins
Recently Announced Wins Saarland (Germany) ● Strengthens European public sector footprint ● Builds XBP’s position as a partner of record for digital mail and document modernization ● Multi-year, high-volume scope → meaningful recurring revenue ● Expansion potential for cross-region follow-on contrac
Slide 19: Q&A
Q&A ©XBP GLOBAL 2025 PROPRIETARY & CONFIDENTIAL 19
Slide 20: Appendix
APPENDIX ©XBP GLOBAL 2025 PROPRIETARY & CONFIDENTIAL 20
Slide 21: Glossary
Glossary - ACV: Annual Contract Value - Bank Giro: An electronic payment system used for transferring money directly between bank accounts, particularly in Europe - BFSI: Banking, Financial Services, and Insurance - IDP: Intelligent Document Processing, an AI-powered solution that leverages neural n
Slide 22: Non-GAAP Financial Metrics and Reconciliations
Non-GAAP Financial Metrics and Reconciliations In addition to its reported operating results in accordance with U.S. generally accepted accounting principles (GAAP), XBP Global has included in this presentation certain financial measures that are considered non-GAAP financial measures, including Adj
Slide 23: Reconciliation of Net Income to Pro Forma Adjusted EBITDA
Reconciliation of Net Income to Pro Forma Adjusted EBITDA ©XBP GLOBAL 2025 PROPRIETARY & CONFIDENTIAL 23
Slide 24: Footnotes to Non-GAAP Reconciliation
Footnotes to Non-GAAP Reconciliation (1) Represents one-time costs associated with restructuring, including legal and lease termination costs (2) Represents a loss/(gain) recognized on the disposal of property, plant, and equipment and other assets (3) Represents the annualized run-rate cost savings
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