Brings a wealth of financial leadership from world-class organizations such as Honeywell and PfizerSOMERSET, N.J., Oct. 09, 2025 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (NYSE: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced the appointment of Mary Holt as Chief Financial Officer (CFO), effective the day immediately following the filing of the Company's Q3 2025 Quarterly Report. She succeeds Tim Fitzsimmons who is retiring after a distinguished career with the co ...

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]