Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the period ended September 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40206 XBP Global Holdings, Inc. (Exact Name of Registrant as Specified in its Charter) (State of or other Jurisdict ...

Exhibit 99.1 XBP Global Holdings, Inc. Reports Third Quarter 2025 Results November 14, 2025 Third Quarter 2025 Highlights IRVING, TX, November 14, 2025 (GLOBE NEWSWIRE) – XBP Global Holdings, Inc. ("XBP Global" or "the Company") (NASDAQ: XBP), a workflow automation leader leveraging decades of industry experience, a global footprint, and agentic AI to rethink business process automation and digital transformation, today announced its financial results for the quarter ended September 30, 2025. Due to the par ...

Financial Performance - The Company reported a net loss from continuing operations of $3,446,000 for the three months ended June 30, 2025, compared to a loss of $3,552,000 for the same period in 2024[201]. - Adjusted EBITDA from continuing operations was $3,280,000 for the three months ended June 30, 2025, an increase from $1,198,000 in the same period of 2024[201]. - For the three months ended June 30, 2025, the company's net revenue increased by $6.0 million, or 17.9%, to $39.6 million compared to $33.6 million for the same period in 2024[213]. - The Bills & Payments segment generated $28.8 million in revenue, a 15.9% increase from $24.8 million in the prior year, primarily due to newly won business[214]. - The Technology segment's revenue rose by $2.0 million, or 23.2%, to $10.9 million, driven by higher project activity[215]. - For the six months ended June 30, 2025, net revenue increased by $5.6 million, or 7.8%, to $77.3 million compared to $71.7 million for the same period in 2024[232]. - The Bills & Payments segment generated $55.1 million in revenue, a $3.6 million increase or 7.1%, while the Technology segment revenue rose by $1.9 million or 9.5% to $22.2 million[234][235]. - Total cost of revenue increased by $0.8 million, or 2.9%, to $27.8 million, while on a constant currency basis, it decreased by $0.8 million, or 2.9%[217]. - Total cost of revenue decreased by $1.0 million, or 1.8%, to $54.1 million for the six months ended June 30, 2025, with a notable decrease in the Bills & Payments segment costs by $2.1 million, or 4.5%[236][237]. - Selling, general and administrative expenses rose by $4.4 million, or 73.5%, to $10.4 million, attributed to bonus provisions and legal expenses related to acquisitions[221]. - Selling, general and administrative expenses increased by $8.4 million, or 64.7%, to $21.4 million, rising as a percentage of revenue to 27.6% from 18.1%[240]. - Interest expense was $2.0 million for the three months ended June 30, 2025, up from $1.5 million in the prior year, due to higher borrowing costs[224]. - Interest expense increased to $3.7 million for the six months ended June 30, 2025, compared to $2.9 million in the same period in 2024, due to higher borrowing costs[243]. - Foreign exchange gains were $0.3 million for the three months ended June 30, 2025, compared to losses of $0.6 million in the same period of 2024[227]. - The cost of revenue as a percentage of revenue decreased to 70.1% for the three months ended June 30, 2025, from 80.3% in the same period of 2024[220]. Operational Highlights - The Company serves over 2,000 clients across multiple industries and geographies, focusing on digital transformation and improving market-wide liquidity[179]. - The primary source of revenue is from transactions processed, particularly in the Bills & Payments segment, which includes automation of accounts payable and receivable processes[182]. - The Company had approximately 1,500 employees as of June 30, 2025, with operations in 16 countries[183]. - The Company has two reportable segments: Bills & Payments and Technology, which align products and services with client industries[191]. - The Company has rolled out a suite of Work From Anywhere applications to support remote work, a response to the COVID-19 pandemic[182]. Strategic Developments - The acquisition of BPA was completed on July 29, 2025, for a consideration of $1.00, following BPA's emergence from Chapter 11 bankruptcy[185][189]. - The Company approved a restructuring plan in Q4 2023 to realign its business and strategic priorities, which includes rightsizing its workforce in certain regions[275]. - The Company may explore strategic transactions, including joint ventures and acquisitions, which may require additional funds[276]. Cash Flow and Debt Management - Net cash used in operating activities improved to $4.0 million for the six months ended June 30, 2025, from $5.5 million in the prior year, reflecting better cash inflows[255]. - The company expects to spend approximately $2.0 to $3.0 million on capital expenditures and capitalizable contracts over the next twelve months[250]. - Total debt increased by $3.4 million as of June 30, 2025, primarily due to foreign currency fluctuations[250]. - Cash and cash equivalents totaled $6.1 million as of June 30, 2025, down from $12.1 million at the end of 2024[249]. - As of June 30, 2025, the Company's outstanding factored accounts receivable amounted to approximately $7.5 million, with a loss on sale of accounts receivables totaling approximately $0.1 million and $0.3 million for the three and six months ended June 30, 2025, respectively[261]. - In June 2024, the Company entered into a £15.0 million and €10.5 million Secured Credit Facility, which includes a £3.0 million Term Loan A and a €10.5 million Term Loan B, maturing on June 26, 2028, and June 26, 2027, respectively[262]. - The Company incurred $1.5 million in debt issuance costs related to the 2024 Facilities Agreement[264]. - As of June 30, 2025, the outstanding balance of the Term Loan A Facility, Term Loan B Facility, and Revolving Credit Facility was approximately $3.5 million, $10.5 million, and $16.7 million, respectively[269]. - The 2024 Facilities Agreement requires maintaining a consolidated total leverage ratio of not greater than 2.50 to 1.00, with step-downs to 2.25 to 1.00 starting January 1, 2025, and 2.00 to 1.00 starting January 1, 2026[265]. - The Company was in compliance with all affirmative and negative covenants under the 2024 Facilities Agreement as of June 30, 2025[273]. - The Company believes it will remain in compliance with all covenants for the next 12 months based on expected future performance[274].

Exhibit 99.1 XBP Global Holdings, Inc. Reports Second Quarter 2025 Results August 14, 2025 Second Quarter 2025 Highlights IRVING, TX AND LONDON, UK, August 14, 2025 (GLOBE NEWSWIRE) – XBP Global Holdings, Inc. ("XBP Global" or "the Company") (NASDAQ: XBP), a multinational leader in business process automation and integration of bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, announced today its financial results for the quarter ended June 30, ...

XBP Europe Holdings, Inc. Reports First Quarter 2025 Results May 15, 2025 First Quarter 2025 Highlights LONDON, UK and Santa Monica, CA, May 15, 2025 (GLOBE NEWSWIRE) – XBP Europe Holdings, Inc. ("XBP Europe" or "the Company") (NASDAQ: XBP), a pan-European integrator of bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, announced today its financial results for the quarter ended March 31, 2025. Exhibit 99.1 "Our strong momentum continued into 202 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40206 XBP Europe Holdings, Inc. (Exact Name of Registrant as Specified in its Charter) (State of or other Jurisdiction ...

Exhibit 99.1 XBP Europe Holdings, Inc. Reports Fourth Quarter and Full Year 2024 Results March 19, 2025 Full Year 2024 Highlights Fourth Quarter 2024 Highlights LONDON, UK and Santa Monica, CA, March 19, 2025 (GLOBE NEWSWIRE) – XBP Europe Holdings, Inc. ("XBP Europe" or "the Company") (NASDAQ: XBP), a pan-European integrator of bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, announced today its financial results for the quarter and full year e ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40206 XBP Europe Holdings, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 85-2002883 (State ...

Exhibit 99.1 XBP Europe Holdings, Inc. Reports Third Quarter 2024 Results ● Pending Divestiture: During the third quarter of fiscal year 2024, the Company determined that its certain on-demand printing operation met the criteria to be classified as a discontinued operation, and, as a result, disposable group's historical financial results are reflected in the Company's condensed consolidated financial statements as discontinued operations and are presented separately from ● Revenue of $35.4 million, decreas ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40206 XBP Europe Holdings, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 85-2002883 (State o ...