Financial Data and Key Metrics Changes - Sales grew approximately 10% year over year, reaching approximately $445 million, with adjusted EPS of $1.28 [4][13] - Free cash flow conversion was 115% in the quarter, on track for a full-year target range of 90%-110% [4][14] - Adjusted segment operating profit margin was approximately 28%, up 50 basis points year over year [13] Business Line Data and Key Metrics Changes - CPI segment sales were approximately $216 million, down 4% year over year, primarily due to declines in vending [15] - Security and authentication technologies segment sales were approximately $229 million, growing 28% year over year, with core sales increasing 9% [16] - The international currency business backlog remains at near record high levels, with approximately 20% organic backlog growth year over year [16] Market Data and Key Metrics Changes - The U.S. currency business is expected to grow in the high single digits next year, driven by increased demand for higher denomination banknotes [5][11] - The Federal Reserve's print order for 2026 indicates a significant increase in demand for higher denomination banknotes [5][11] Company Strategy and Development Direction - The company is focused on expanding its market-leading positions and has signed an agreement to acquire Antares Vision, enhancing its portfolio in life sciences and food and beverage sectors [7][9] - The strategy includes upgrading existing customers from legacy products to advanced micro-optics technology, improving margins and customer retention [8][35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the backlog and the position for 2026, indicating strong demand in international currency [24] - The company is taking a prudent approach to its outlook for CPI, anticipating continued softness in vending but growth in gaming and service segments [31][32] Other Important Information - The company is on track to achieve adjusted free cash flow conversion of approximately 90%-110% for the full year [17] - The integration of Antares Vision is expected to strengthen the company's position in markets with secular tailwinds [9][66] Q&A Session Summary Question: Currency business capacity for 2026 - Management indicated strong confidence in the backlog and is exploring both organic investments and partnerships to increase production capacity [24][25] Question: CPI vending business outlook - Management noted ongoing order softness in vending due to price increases and macroeconomic factors, expecting this trend to continue into Q4 [31][32] Question: Transitioning De La Rue customers to micro-optics - Management reported good customer receptivity to the transition, expecting significant margin improvements and increased customer stickiness [35][46] Question: U.S. currency redesigns impact - Management clarified that the $10 bill production is on track for mid-2026, with no immediate financial impact expected from the $50 redesign [39][40] Question: Antares Vision integration and guidance - Management expressed excitement about the Antares acquisition but will not include it in initial 2026 guidance until the transaction closes [64][66]

As filed with the Securities and Exchange Commission on May 29, 2024 Registration Statement No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SMX (Security Matters) Public Limited Company (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Ireland 3590 N/A (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Numb ...

As filed with the Securities and Exchange Commission on May 10, 2024 Registration Statement No. 333- FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SMX (Security Matters) Public Limited Company (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Ireland 3590 N/A (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) +353-1-920-1000 Mespil Business Centre, Mespil House, Sussex Road, D ...

As filed with the Securities and Exchange Commission on February 8, 2024 Registration Statement No. 333-276760 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 1 To FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SMX (Security Matters) Public Limited Company (Exact name of registrant as specified in its charter) Ireland 3590 N/A (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial (I.R.S. Employer Identification Num ...

As filed with the Securities and Exchange Commission on January 30, 2024 Registration Statement No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SMX (Security Matters) Public Limited Company (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Ireland 3590 N/A (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification ...

Table of Contents As filed with the Securities and Exchange Commission on April 3, 2023 Registration Statement No. 333-270674 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 2 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SMX (Security Matters) Public Limited Company (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Ireland 3590 N/A (Primary Standard Industrial Classification Code ...

Table of Contents As filed with the Securities and Exchange Commission on March 17, 2023 Registration Statement No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SMX (Security Matters) Public Limited Company (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Ireland 3590 N/A (Primary Standard Industrial Classification Code Number) (I.R.S. Employer ...