Financial Data and Key Metrics Changes - Consolidated net sales for Q1 2025 were essentially flat at $103.9 million compared to the prior year [18] - Consolidated gross margin decreased to 52.5% from 53.1% in the same quarter of the prior year [18] - Pro forma adjusted EBITDA decreased by 2% to $33.7 million, driven by higher general and administrative expenses [19] - Adjusted net income increased by 21% to $28.4 million, with adjusted diluted EPS rising to $0.25 from $0.24 [20] Business Line Data and Key Metrics Changes - The Payment Card and Arculus business started the year in line with expectations, with strong program activity and several high-profile customers [12][14] - Arculus delivered record results for the quarter, contributing positively to the overall performance [16] Market Data and Key Metrics Changes - Domestic net sales decreased by $3.3 million or 4% year-over-year, while international net sales increased by $3.1 million or 28% [20] - The metal payment card market continues to show strong issuer adoption and end-user preference, with demand strengthening in Q2 [15] Company Strategy and Development Direction - The company is focused on organic growth through the CompoSecure operating system, which is expected to drive efficiencies and long-term value creation [13][25] - The company aims to enhance its market position in metal cards, which currently has less than 1% penetration in the credit card market [9] - The strategy includes evaluating M&A opportunities that align with the company's growth profile [26] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about the company's positioning and growth trajectory despite macroeconomic headwinds such as rising labor costs [26] - The company is reaffirming its full-year 2025 guidance, expecting mid-single-digit growth in both consolidated net sales and pro forma adjusted EBITDA [25] Other Important Information - The company has transitioned to using the equity method of accounting following the spin-off of Resolute Holdings, affecting how financial results are reported [21] - Non-GAAP financial measures are provided to help investors understand the underlying performance of the business [5][6] Q&A Session Summary Question: Is the guidance maintained due to macro environment concerns? - Management indicated that the guidance reflects a conservative approach, but they are seeing positive momentum building into Q2 and beyond [30][31] Question: What areas are being focused on for acquisitions? - The company is looking at opportunities within its current space and along the value chain, maintaining a broad approach to potential acquisitions [33][34] Question: How is the company managing supply chain challenges? - Management has proactive routines in place to manage supply chain issues, which have been effective since before COVID [41][42] Question: What traction is being seen with Arculus? - Arculus is resonating well in the market, particularly with traditional banks and fintechs, and is expected to continue growing [44][72] Question: How does the combination of Arculus and payment impact unit economics? - The combination is expected to improve unit economics through higher average selling prices and potential software revenue from authentication services [52] Question: What is the current status of the metal card market? - The market is broadening from elite to mass affluent segments, with younger demographics showing strong interest in metal cards [56] Question: How is the M&A pipeline looking? - The M&A pipeline remains healthy, with the company being viewed as an attractive acquirer in the market [74]

Financial Data and Key Metrics Changes - Consolidated net sales for Q1 2025 were essentially flat at $103.9 million compared to the prior year [16] - Consolidated gross margin decreased to 52.5% from 53.1% in the same quarter of the prior year [16] - Pro forma adjusted EBITDA decreased by 2% to $33.7 million, driven by higher general and administrative expenses [17] - Adjusted net income increased by 21% to $28.4 million, with adjusted diluted EPS rising to $0.25 from $0.24 [18] Business Line Data and Key Metrics Changes - The Payment Card and Arculus business started the year in line with expectations, with program activity remaining strong [10] - Arculus delivered record results for the quarter, contributing positively with new vertical industry wins [10][14] - Domestic net sales decreased by $3.3 million or 4%, while international net sales increased by $3.1 million or 28% [18] Market Data and Key Metrics Changes - The metal payment card market continues to show strong issuer adoption and end-user preference, with demand strengthening in Q2 [13] - The company is seeing momentum building in both Payment Cards and Arculus, anticipating sustained growth through the remainder of the year [11] Company Strategy and Development Direction - The company is focused on organic growth through the implementation of the CompoSecure Operating System (COS) to enhance operational excellence [11][24] - The strategy includes evaluating M&A opportunities that align with the company's growth profile and create long-term value [25] - The company aims to maintain a disciplined approach to capital allocation, balancing organic growth, M&A, and potential buybacks [84] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about the company's positioning and growth trajectory despite macroeconomic headwinds such as rising labor costs and economic uncertainty [25] - The company is reaffirming its full-year 2025 guidance, expecting mid-single-digit growth in both consolidated net sales and pro forma adjusted EBITDA [24] Other Important Information - The company is now required to report results using the equity method of accounting following the spin-off of Resolute Holdings, which affects how financial results are presented [19] - Non-GAAP financial measures are provided to help investors understand the underlying economics of the business [4][19] Q&A Session Summary Question: Is the guidance maintained due to macro environment conservatism? - Management indicated that the guidance reflects expected mid-single-digit growth, with momentum building into Q2 and beyond [30] Question: What areas are the biggest focus for acquisition? - The company is looking at opportunities within its current space and along the value chain, maintaining a broad remit for potential acquisitions [32] Question: How is the remainder of the year expected to unfold in terms of revenue growth? - Management expects growth to tick up in Q2 and continue building through Q3 and Q4, with no signs of macroeconomic impacts affecting client activity [39][42] Question: What traction is being seen with Arculus among legacy issuers? - The company is seeing traction in traditional banks, fintechs, and gaming sectors, with a focus on moving towards passkey technology [75] Question: How is the M&A pipeline looking amid recent tariffs? - The M&A pipeline remains healthy, with the company positioned as an attractive acquirer in the market [77]

[Part I. Financial Information](index=6&type=section&id=Part%20I.%20Financial%20Information) This section details the company's financial statements and performance, highlighting the significant structural changes from the Resolute Holdings spin-off [Financial Statements](index=6&type=section&id=Item%201.%20Financial%20Statements) The financial statements reflect a major structural change due to the deconsolidation of its primary operating subsidiary - Effective February 28, 2025, due to the spin-off of Resolute Holdings and a new Management Agreement, CompoSecure, Inc. no longer consolidates its operating subsidiary, Holdings. Instead, it accounts for its investment in Holdings using the **equity method**[9](index=9&type=chunk)[29](index=29&type=chunk)[44](index=44&type=chunk) Consolidated Statements of Operations Highlights (Q1 2025 vs Q1 2024) | Metric | Q1 2025 (in thousands) | Q1 2024 (in thousands) | Change | | :--- | :--- | :--- | :--- | | Net Sales | $59,824 | $104,010 | -42.5% | | Gross Profit | $28,749 | $55,213 | -48.0% | | Income from Operations | $6,044 | $31,136 | -80.6% | | Earnings in Equity Method Investment | $14,844 | $0 | N/A | | Net Income Attributable to CompoSecure, Inc. | $21,492 | $4,025 | +434% | | Diluted EPS | $0.07 | $0.17 | -58.8% | Consolidated Balance Sheet Highlights (As of March 31, 2025 vs Dec 31, 2024) | Metric | March 31, 2025 (in thousands) | Dec 31, 2024 (in thousands) | Change | | :--- | :--- | :--- | :--- | | Cash and cash equivalents | $9,506 | $77,461 | -87.7% | | Total Assets | $292,323 | $473,918 | -38.3% | | Long-term debt, net | $0 | $184,389 | -100% | | Total Liabilities | $379,630 | $617,364 | -38.5% | | Equity method investment | $14,844 | $0 | N/A | [Business Operations and Corporate Structure Changes](index=13&type=section&id=1.%20DESCRIPTION%20OF%20ORGANIZATION%20AND%20BUSINESS%20OPERATIONS) The company manufactures metal cards and underwent a major restructuring via the spin-off of Resolute Holdings - The company is a manufacturer of metal financial transaction cards and offers the Arculus platform for secure authentication and digital asset storage[23](index=23&type=chunk) - On February 28, 2025, the company completed the spin-off of Resolute Holdings. Consequently, Holdings is now managed by Resolute Holdings, and **CompoSecure accounts for its investment in Holdings via the equity method**[27](index=27&type=chunk)[29](index=29&type=chunk) - The spin-off was structured as a pro rata distribution of Resolute Holdings stock to CompoSecure stockholders, with one share of Resolute for every twelve shares of CompoSecure held[27](index=27&type=chunk) [Equity Method Investment in Holdings](index=18&type=section&id=5.%20EQUITY%20METHOD%20INVESTMENT) The company now accounts for its investment in Holdings using the equity method following its deconsolidation - The carrying value of the equity method investment in Holdings was **$14.844 million** as of March 31, 2025, resulting entirely from earnings recognized post-deconsolidation[53](index=53&type=chunk)[54](index=54&type=chunk) Holdings' Financial Summary (Post-Deconsolidation) | Metric | For period Feb 28 - Mar 31, 2025 (in thousands) | | :--- | :--- | | Net Sales | $44,065 | | Gross Profit | $25,799 | | Income from Operations | $15,722 | | Net Income | $14,844 | [Debt](index=20&type=section&id=6.%20DEBT) All long-term debt was removed from the consolidated balance sheet due to the deconsolidation of Holdings - As of March 31, 2025, **all debt has been removed from the Company's consolidated balance sheet** due to the deconsolidation of Holdings. The debt is now carried by Holdings[72](index=72&type=chunk) - All **$130 million of Exchangeable Notes were surrendered** and exchanged for Class A Common Stock in 2024 and are no longer outstanding[59](index=59&type=chunk) - Holdings has a **$330 million credit facility** ($200M term loan, $130M revolver) maturing in August 2029. As of March 31, 2025, Holdings was in compliance with all financial covenants[63](index=63&type=chunk)[70](index=70&type=chunk) [Geographic Information and Concentrations](index=29&type=section&id=11.%20GEOGRAPHIC%20INFORMATION%20AND%20CONCENTRATIONS) Operations are primarily domestic, with significant customer and supplier concentration risks Net Sales by Geography (Q1 2025 vs Q1 2024) | Region | Q1 2025 (in thousands) | Q1 2024 (in thousands) | | :--- | :--- | :--- | | Domestic | $54,480 | $92,790 | | International | $5,344 | $11,220 | | **Total** | **$59,824** | **$104,010** | - **Customer concentration remains high**. In Q1 2025, four customers accounted for 70.0% of total revenue. In Q1 2024, two customers accounted for 73.2% of total revenue[99](index=99&type=chunk) [Related Party Transactions](index=35&type=section&id=16.%20RELATED%20PARTY%20TRANSACTIONS) New agreements with the spun-off Resolute Holdings establish management fees and define the new relationship - Holdings entered into a **10-year Management Agreement** with Resolute Holdings, which will manage its day-to-day business and strategy[121](index=121&type=chunk)[122](index=122&type=chunk) - Holdings will pay Resolute Holdings a quarterly management fee of **2.5% of its last 12 months' Adjusted EBITDA**. The fee for the partial Q1 2025 period was $1.129 million[121](index=121&type=chunk)[122](index=122&type=chunk) - CompoSecure, Resolute Holdings, and Holdings are under **common control by Tungsten** following the spin-off[120](index=120&type=chunk) [Management's Discussion and Analysis (MD&A)](index=38&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the significant operational and financial impacts of the Resolute Holdings spin-off [Results of Operations](index=42&type=section&id=Results%20of%20Operations) Quarterly results show decreased sales and profit due to deconsolidation, offset by non-cash income gains - The decrease in net sales, gross profit, and income from operations was primarily driven by the **deconsolidation of Holdings on February 28, 2025**, as Q1 2025 results only include two months of consolidated operations[152](index=152&type=chunk)[156](index=156&type=chunk)[158](index=158&type=chunk) - Other income increased by **$42.5 million** year-over-year, primarily due to non-cash income of $29.2 million from changes in the fair value of earnout and warrant liabilities[159](index=159&type=chunk) - The company recognized **$14.8 million in earnings** from its equity method investment in Holdings for the period from February 28, 2025, to March 31, 2025[160](index=160&type=chunk) [Use of Non-GAAP Financial Measures](index=45&type=section&id=Use%20of%20Non-GAAP%20Financial%20Measures) The company utilizes non-GAAP measures, including new ones post-spin-off, to provide comparable performance views - The company presents non-GAAP measures, including new ones post-spin-off, to provide a comparable view of underlying business performance across reporting periods[163](index=163&type=chunk) Reconciliation of Net Income to Adjusted EBITDA | Metric (in thousands) | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Net income | $21,492 | $17,073 | | EBITDA | $53,190 | $24,204 | | Stock-based compensation expense | $5,720 | $4,397 | | Mark to market adjustments, net | ($29,151) | $9,153 | | Spin-Off costs | $5,019 | $0 | | **Adjusted EBITDA** | **$34,778** | **$37,754** | Non-GAAP Adjusted Net Income and EPS | Metric | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Adjusted net income (in thousands) | $28,412 | $23,317 | | Adjusted net income per share - diluted | $0.25 | $0.24 | [Liquidity and Capital Resources](index=51&type=section&id=Liquidity%20and%20Capital%20Resources) Liquidity was significantly impacted by the deconsolidation, with cash decreasing but future cash flow deemed sufficient - **Cash and cash equivalents decreased to $9.5 million** as of March 31, 2025, from $77.5 million at December 31, 2024, primarily due to the deconsolidation of Holdings[179](index=179&type=chunk) - **Net cash provided by operating activities decreased to $3.0 million** in Q1 2025 from $33.8 million in Q1 2024[181](index=181&type=chunk) - Net cash used in investing activities was **$60.7 million**, primarily due to $60.3 million in cash deconsolidated as part of the Spin-Off and Management Agreement[22](index=22&type=chunk)[182](index=182&type=chunk) [Market Risk Disclosures](index=54&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) Market risk is primarily driven by interest rate fluctuations on debt held by its unconsolidated subsidiary - The company is exposed to interest rate risk through its subsidiary Holdings, which had **$195 million in variable-rate debt** as of March 31, 2025[186](index=186&type=chunk) - A **100 basis point change** in interest rates would result in an approximate **$4.0 million annual change** in interest expense for Holdings[187](index=187&type=chunk) - Holdings uses an interest rate swap with a notional value of **$125 million** to hedge a portion of its variable-rate debt exposure, which expires in December 2025[188](index=188&type=chunk) [Controls and Procedures](index=54&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective as of the quarter's end - The CEO and CFO concluded that as of March 31, 2025, the company's **disclosure controls and procedures were effective** at a reasonable assurance level[191](index=191&type=chunk) - **No material changes** to the internal control over financial reporting occurred during the quarter ended March 31, 2025[193](index=193&type=chunk) [Part II. Other Information](index=56&type=section&id=Part%20II.%20Other%20Information) This section covers legal proceedings, key risk factors, and details on equity securities transactions [Legal Proceedings](index=56&type=section&id=Item%201.%20Legal%20Proceedings) The company is not involved in any material legal proceedings outside of ordinary business claims - The Company is **not a party to any material pending legal proceedings**, other than ordinary routine claims[196](index=196&type=chunk) [Risk Factors](index=56&type=section&id=Item%201A.%20Risk%20Factors) Key risks stem from the new corporate structure, customer dependency, and digital asset market uncertainties - **Management Risk:** The company relies on Resolute Holdings for management services, giving Resolute substantial influence over business, operations, and strategy, which exposes the company to performance risks and potential conflicts of interest[197](index=197&type=chunk)[263](index=263&type=chunk) - **Control Risk:** The company is a **'controlled company'** due to Tungsten's majority ownership, which may result in conflicts of interest and limits governance protections available to other shareholders[197](index=197&type=chunk)[295](index=295&type=chunk) - **Business & Customer Risk:** The business is highly dependent on its two largest customers, JPMorgan Chase and American Express, which represented approximately **63% of net sales** for the year ended December 31, 2024[203](index=203&type=chunk) - **Digital Asset Risk:** The Arculus digital asset solutions face risks from a rapidly evolving and uncertain regulatory environment, potential security breaches, and the challenge of achieving widespread market acceptance[197](index=197&type=chunk)[224](index=224&type=chunk) [Unregistered Sales and Use of Proceeds](index=81&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) No unregistered equity sales occurred, and no shares were repurchased under the authorized program this quarter - The company has a share repurchase program authorized for up to **$100 million** of its Class A Common Stock or warrants[324](index=324&type=chunk) - There was **no repurchase activity** during the quarter ended March 31, 2025, leaving the full $100 million available for future repurchases[324](index=324&type=chunk)

Financial Performance - Consolidated Net Sales基本持平，Q1 2025为1.039亿美元，Q1 2024为1.04亿美元[7, 37] - Pro Forma Adjusted EBITDA略有下降，Q1 2025为3370万美元，Q1 2024为3450万美元，降幅为2%[7, 45] - 国际净销售额增长28%，Q1 2025达到1440万美元，高于Q1 2024的1120万美元[40, 42] - 调整后的每股收益(Adjusted Diluted EPS)略有增长，从Q1 2024的0.24美元增至Q1 2025的0.25美元[33, 48] - 现金储备为7170万美元[33, 57] Business Operations - 剥离Resolute Holdings Management, Inc[7] - 多个知名客户项目正在进行中，包括Citibank, Robinhood, Karta, Koho, WealthSimple和Scotia Bank[7, 14, 17, 20] - Arculus业绩创纪录，第一季度实现净正贡献[7] Guidance and Outlook - 公司重申了2025财年全年指导，预计Consolidated Net Sales和Pro Forma Adjusted EBITDA都将实现中等个位数增长[7, 67] Accounting Change - 由于Resolute Holdings的剥离，会计方法变更为权益法[7, 49, 50]

Financial Performance - CompoSecure reported Q1 2025 net sales of $59.8 million, a decrease from $104.0 million in Q1 2024, reflecting a shift in accounting due to the spin-off of Resolute Holdings[7]. - Consolidated gross profit for Q1 2025 was $54.5 million, with a gross margin of 52.5%, down from $55.2 million and 53.1% in Q1 2024, primarily due to product mix[10]. - Adjusted net income increased by 21% to $28.4 million compared to $23.3 million in the year-ago period[10]. - Pro forma adjusted EBITDA for Q1 2025 was $33.7 million, a slight decrease from $34.5 million in Q1 2024, attributed to higher general and administrative expenses[10]. - Net sales for Q1 2025 were $59,824,000, compared to $44,065,000 in Q1 2024, representing a 35.9% increase[27]. - Gross profit for Q1 2025 was $28,749,000, while it was $25,799,000 in Q1 2024, indicating an increase of 7.5%[27]. - Operating income for Q1 2025 was $6,044,000, down from $15,722,000 in Q1 2024, reflecting a decrease of 61.6%[27]. - Net income for Q1 2025 was $21,492,000, compared to $17,073,000 in Q1 2024, showing an increase of 25.5%[31]. - The company reported an EBITDA of $53,190,000 for Q1 2025, significantly higher than $24,204,000 in Q1 2024, an increase of 120.2%[27]. Cash and Debt Management - As of March 31, 2025, CompoSecure had $9.5 million in cash and cash equivalents under GAAP, while non-GAAP results showed $71.7 million in cash[16]. - Total debt as of March 31, 2025, was $195.0 million, down from $335.6 million a year earlier, resulting in a net debt of $180.7 million[16]. - Cash and cash equivalents at the end of Q1 2025 were $71,676,000, down from $77,461,000 at the end of Q4 2024, a decrease of 7.3%[31]. - The company reported a net cash provided by operating activities of $18,154,000 for Q1 2025, down from $33,751,000 in Q1 2024, a decrease of 46.3%[31]. - Total liabilities as of March 31, 2025, were $379,630,000, compared to $617,364,000 as of December 31, 2024, a reduction of 38.6%[25]. - The total current liabilities for Q1 2025 were $47,093,000, compared to $76,322,000 in Q4 2024, a decrease of 38.3%[25]. Shareholder Information - Adjusted net income per share (basic) for Q1 2025 was $0.28, slightly down from $0.29 in Q1 2024[33]. - Adjusted net income per share (diluted) for Q1 2025 was $0.25, compared to $0.24 in Q1 2024, indicating a 4.2% increase[33]. - Common shares outstanding for computing net income per share (basic) increased to 102,040,000 in Q1 2025 from 80,525,000 in Q1 2024[33]. - Total shares outstanding used in computing adjusted earnings per share (diluted) rose to 115,451,000 in Q1 2025 from 104,329,000 in Q1 2024[33]. Operational Highlights - The company is seeing strong demand for its Arculus product, which is expected to contribute positively to net income for the full year[3]. - CompoSecure reiterated its full-year 2025 guidance, expecting mid-single digit growth in both consolidated net sales and pro forma adjusted EBITDA[13]. - The company is focused on implementing the CompoSecure Operating System (COS) to enhance efficiency and execution across its operations[3]. Tax and Compensation - Income before income taxes for Q1 2025 was $48,496,000, significantly higher than $16,237,000 in Q1 2024[33]. - The provision for income taxes in Q1 2025 was $27,004,000, compared to a benefit of $(836,000) in Q1 2024[33]. - The company incurred $5,721,000 in stock-based compensation expense in Q1 2025, compared to $4,397,000 in Q1 2024, an increase of 30.1%[31]. - Stock-based compensation increased to $5,720,000 in Q1 2025 from $4,397,000 in Q1 2024[33]. - The company incurred spin-off costs of $5,019,000 in Q1 2025, with no such costs reported in Q1 2024[33].

Core Insights - CompoSecure, Inc. reported strong execution in its payment card and Arculus business, with expectations for sustained growth throughout 2025 [2][12] - The company achieved record results for Arculus, indicating a positive contribution and differentiation in the digital asset and Web3 payments landscape [2][11] - The financial results reflect a transition to equity method accounting following the spin-off of Resolute Holdings Management, impacting the presentation of operating results [3][4] Financial Results - For Q1 2025, net sales were $59.8 million, a decrease from $104.0 million in Q1 2024, while non-GAAP net sales were $103.9 million [5][13] - Gross profit for Q1 2025 was $28.7 million, with a gross margin of 48.1%, compared to $55.2 million and 53.1% in Q1 2024 [5][13] - Adjusted net income increased by 21% to $28.4 million, while diluted adjusted EPS was $0.25, compared to $0.24 in the prior year [13][29] Financial Condition - As of March 31, 2025, CompoSecure had $9.5 million in cash and cash equivalents, with total debt of $195.0 million, resulting in net debt of $180.7 million [13][19] - The company's liquidity needs are expected to be met through the operations of CompoSecure Holdings [13][19] - The bank agreement's senior secured debt leverage ratio improved to 1.05x from 1.34x year-over-year [13][19] 2025 Financial Outlook - CompoSecure reiterated its full-year 2025 guidance, projecting mid-single digit growth in both consolidated net sales and Pro Forma Adjusted EBITDA [12][18] - The company anticipates continued sales momentum throughout the year, supported by strategic investments and the implementation of the CompoSecure Operating System [2][12]

Core Viewpoint - Resolute Holdings Management, Inc. reported a challenging first quarter for fiscal 2025, with a net loss attributable to common stockholders of $3.366 million and a diluted earnings per share of ($0.39) [1][4][24]. Financial Performance - The company experienced a management fee revenue of $1.129 million for the first quarter, with total selling, general, and administrative expenses amounting to $3.926 million, leading to an operating loss of $2.797 million [4][24]. - The net income (loss) before income taxes was reported at ($2.798 million), with an income tax expense of $0.568 million, resulting in a net loss of $3.366 million for the quarter [4][24]. - Non-GAAP Fee-Related Earnings were calculated at ($0.606 million), translating to a Fee-Related Earnings per share of ($0.07) [5][24]. Strategic Developments - The first quarter was marked by the completion of the spin-off from CompoSecure, which is expected to lead to limited profitability for the full year, with management anticipating approximately $3.0 million in quarterly management fee revenue [2][3]. - The company is focusing on improving operations and driving organic growth at CompoSecure, while also evaluating potential acquisitions to enhance its portfolio [3][9]. Structural Changes - Following the spin-off, Resolute Holdings is required to consolidate the financial results of CompoSecure Holdings in accordance with U.S. GAAP, which may not fully reflect the standalone business model's economic performance [3][4]. - The company is positioned to leverage its unique combination of permanent capital and differentiated operating capabilities for future growth [2][3].

Core Viewpoint - CompoSecure, Inc. will host a conference call on May 12, 2025, to discuss its financial results for Q1 2025, which ended on March 31, 2025 [1] Group 1: Conference Call Details - The conference call is scheduled for May 12, 2025, at 5:00 p.m. Eastern Daylight Time (EDT) [2] - Participants are encouraged to register at least 15 minutes prior to the start time [2] - A live webcast will be available on the company's investor relations website [3] Group 2: Company Overview - CompoSecure, founded in 2000, specializes in metal payment cards, security, and authentication solutions [4] - The company aims to provide trust and exceptional experiences for consumers and fintech partners globally [4] - CompoSecure's technology combines elegance, simplicity, and security, enhancing the use of financial and digital assets [4]

Core Insights - CompoSecure, in collaboration with Baanx and MetaMask, has launched the MetaMask metal payment card, enabling users to spend cryptocurrency directly from their MetaMask wallets without traditional banking intermediaries [1][2][4] - The card allows for seamless transactions, retaining custody of funds until the moment of payment, and operates on the Linea network secured by Ethereum [3][4] - The MetaMask Card is positioned as a transformative solution for non-custodial neobanking, aiming to redefine global commerce by making crypto spending as easy as using a traditional debit card [2][4] Company Overview - CompoSecure is a leader in metal payment cards and security solutions, founded in 2000, and focuses on delivering exceptional experiences in both physical and digital transactions [5] - Baanx is a prominent provider of crypto payments and digital asset services, offering users control over their assets and facilitating secure global spending with major crypto card programs [6] - MetaMask, a product of Consensys, is a leading blockchain and web3 software company that has been innovating in the web3 ecosystem since 2014, providing tools for users and developers [7]

Core Insights - CompoSecure, Inc. has integrated its Arculus Cold Storage Wallet with MoneyGram Access, allowing users to convert cash into USDC at participating locations [1][2] - This integration is the first of its kind, enabling seamless conversion of physical cash into digital currency on the Stellar blockchain [2][3] - The partnership aims to provide financial services to unbanked individuals, enhancing their access to digital finance [3][4] Company Overview - CompoSecure is a leader in metal payment cards and security solutions, founded in 2000, and focuses on delivering secure and user-friendly financial solutions [8] - MoneyGram operates in over 200 countries, processing more than $200 billion annually, and aims to make digital currencies accessible to cash-dependent populations [10] - The Stellar network facilitates low-cost cross-border transactions and aims to enhance global financial inclusion [11] Technological Innovations - The Arculus wallet allows users to manage their digital dollars securely and autonomously, bridging the gap between digital assets and traditional commerce [6][7] - The integration supports payments via smart contracts, enabling stablecoin holders to transact at any point-of-sale that accepts Visa or Mastercard [4][5] - The Stellar Development Foundation has awarded a grant to support the development of smart contracts for seamless payments from self-custody wallets [4]