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XBP Europe Holdings, Inc. (XBP), a leading pan-European integrator of bills and payments, announced its financial results for the fiscal year ended December 31, 2023. The company reported a revenue of $166.6 million, a decrease of 7.7% from the previous year, primarily due to the completion of one-time projects and client contract terminations. Despite the revenue decline, the Technology segment of the business grew to represent 27% of total revenue. XBP also highlighted a net loss of $11.0 million, which included restructuring charges and transaction fees. The company won a significant contract valued at approximately $48 million, marking the largest win in the past five years, and secured around $58 million in Annual Contract Value. XBP's CEO, Andrej Jonovic, expressed a focus on growth and investment in sales for existing and new solutions, including Reaktr.ai and XBP Omnidirect. The company also emphasized its commitment to digital transformation and improving liquidity in the market. The financial report was released on April 1, 2024, and included forward-looking statements regarding the company's future plans and objectives.
XBP Europe Holdings, Inc. (XBP), a leading pan-European integrator of bills and payments, announced its financial results for the fiscal year ended December 31, 2023. The company reported a revenue of $166.6 million, a decrease of 7.7% from the previous year, primarily due to the completion of one-time projects and client contract terminations. Despite the revenue decline, the Technology segment of the business grew to represent 27% of total revenue. XBP also highlighted a net loss of $11.0 million, which included restructuring charges and transaction fees. The company won a significant contract valued at approximately $48 million, marking the largest win in the past five years, and secured around $58 million in Annual Contract Value. XBP's CEO, Andrej Jonovic, expressed a focus on growth and investment in sales for existing and new solutions, including Reaktr.ai and XBP Omnidirect. The company also emphasized its commitment to digital transformation and improving liquidity in the market. The financial report was released on April 1, 2024, and included forward-looking statements regarding the company's future plans and objectives.
領先的泛歐票據和支付集成商XBP歐洲控股公司（XBP）公佈了截至2023年12月31日的財年財務業績。該公司報告的收入爲1.666億美元，比上年下降7.7％，這主要是由於一次性項目的完成和客戶合同的終止。儘管收入下降，但該業務的技術部門仍增長至佔總收入的27％。XBP還強調淨虧損1,100萬美元，其中包括重組費用和交易費。該公司贏得了一份價值約4,800萬美元的重大合同，這是過去五年來最大的勝利，並獲得了約5800萬美元的年度合同價值。XBP首席執行官安德烈·約諾維奇表示，重點關注包括Reaktr.ai 和XBP Omnidirect在內的現有和新解決方案的銷售增長和投資。該公司還強調了其對數字化轉型和改善市場流動性的承諾。該財務報告於2024年4月1日發佈，其中包括有關公司未來計劃和目標的前瞻性陳述。
領先的泛歐票據和支付集成商XBP歐洲控股公司（XBP）公佈了截至2023年12月31日的財年財務業績。該公司報告的收入爲1.666億美元，比上年下降7.7％，這主要是由於一次性項目的完成和客戶合同的終止。儘管收入下降，但該業務的技術部門仍增長至佔總收入的27％。XBP還強調淨虧損1,100萬美元，其中包括重組費用和交易費。該公司贏得了一份價值約4,800萬美元的重大合同，這是過去五年來最大的勝利，並獲得了約5800萬美元的年度合同價值。XBP首席執行官安德烈·約諾維奇表示，重點關注包括Reaktr.ai 和XBP Omnidirect在內的現有和新解決方案的銷售增長和投資。該公司還強調了其對數字化轉型和改善市場流動性的承諾。該財務報告於2024年4月1日發佈，其中包括有關公司未來計劃和目標的前瞻性陳述。
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