Company profile

Ticker
PMTS
Exchange
CEO
Scott T. Scheirman
Employees
Incorporated
Location
Fiscal year end
Former names
CPI Holdings I, Inc.
SEC CIK

PMTS stock data

(
)

Calendar

5 Aug 20
29 Oct 20
31 Dec 20

News

Quarter (USD) Jun 20 Mar 20 Sep 19 Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from CPI Card earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
2 Oct 20 Scott Scheirman RSU Common Stock Grant Aquire A No 0 54,757 0 54,757
2 Oct 20 Guy DiMaggio RSU Common Stock Grant Aquire A No 0 13,796 0 13,796
2 Oct 20 Sarah Kilgore RSU Common Stock Grant Aquire A No 0 8,178 0 8,178
2 Oct 20 Williams Sarah Elizabeth RSU Common Stock Grant Aquire A No 0 4,642 0 4,642
2 Oct 20 Dubin Lane RSU Common Stock Grant Aquire A No 0 14,870 0 14,870
1.3% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1 3 -66.7%
Opened positions 0 0
Closed positions 2 19 -89.5%
Increased positions 0 0
Reduced positions 0 1 EXIT
13F shares
Current Prev Q Change
Total value 439K 103K +326.2%
Total shares 151.31K 152.13K -0.5%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Thompson Investment Management 151.31K $439K 0.0%
Largest transactions
Shares Bought/sold Change
Victory Capital Management 0 -817 EXIT
Thompson Investment Management 151.31K 0 0.0%
Proequities 0 0

Financial report summary

?
Competition
GemaltoGemaltoValid
Risks
  • The covenants and restrictions contained in our First Lien Term Loan and our new Senior Credit Facility may adversely affect our business and results of operations, may restrict our ability to grow and could make it difficult or impossible to timely make our debt service payments or refinance our debt when it comes due.
  • Our ability to raise capital in the future may be limited, which could lead to delays in innovation and abandonment of our strategic initiatives.
  • System security risks, data protection breaches, and cyber-attacks could compromise our proprietary information, impair customer and vendor relationships, disrupt our internal operations, harm perception of our products, and expose us to litigation and/or regulatory penalties, which could have a material adverse effect on our business and our reputation.
  • Interruptions in our operations, particularly in our IT systems, could have a material adverse effect on our business and reputation.
  • We may be unable to adequately protect our trade secrets and intellectual property rights against misappropriation or infringement, which may have a material adverse effect on our business.
  • We may experience software defects, which could harm our business and reputation and expose us to potential liability.
  • Our business could suffer from problems in production quality, materials, and process, which could reduce, delay or interrupt production of our products, resulting in adverse impacts to our business and financial results.
  • A disruption or other failure in our supply chain could adversely affect our business and financial results.
  • Failure to retain our existing customers or identify and attract new customers could have a material adverse effect on our business.
  • We face competition that may result in a loss of our market share and/or a decline in our profitability.
  • The failure to effectively recruit, retain and develop qualified personnel and succession processes could adversely affect our success and ability to grow and have a material adverse effect on our profitability.
  • We may not be able to sell, exit or reconfigure businesses or facilities that we determine no longer meet with our strategy or that should be consolidated.
  • Our future success depends upon our ability to develop, introduce and commercialize new products, which can be a lengthy and complex process. We may be unable to commercialize new or improved products we may develop on a timely basis, or at all.
  • New and developing technology solutions and products could make our existing technology solutions and products obsolete or irrelevant, and if we are unable to introduce new products and services in a timely manner, our business could be materially adversely affected.
  • Our business and financial results may be materially adversely affected by various legal and regulatory proceedings.
  • If we fail to meet the continued listing standards of the Toronto Stock Exchange or the rules of the OTCQX® Best Market, our common stock may no longer be permitted to trade on these platforms, which may adversely affect the market price and liquidity of our common stock.
  • Our common stock is not currently traded on a United States national securities exchange, which may continue to decrease the value of our common stock and prevent investors from investing or achieving a meaningful degree of liquidity.
  • Our operating results are unpredictable and may vary significantly from quarter to quarter and annually, and may differ significantly from our expectations.
  • Our long-lived assets represent a significant portion of our total assets, and we may never realize their full value.
  • Our failure to operate our business in accordance with the standards of the PCI Security Standards Council or other industry standards applicable to our customers, such as Payment Card Brand compliance standards, could have a material adverse effect on our business.
  • Risks associated with reduced levels of consumer and business spending could adversely affect our business, financial condition and results of operations.
  • Costs relating to product defects, and any related product liability and warranty claims may materially adversely affect our business
  • If the U.S. government puts significant tariffs or other restrictions on or there is an economic downturn impeding goods imported into the United States, our revenue and results of operations may be materially harmed.
  • We rely on licensing arrangements in production and other fields, and actions taken by any of our licensing partners could have a material adverse effect on our business.
  • We are required to comply with complex laws and regulations in the United States and other countries and are exposed to business risks associated with our international business.
  • Environmental, health and safety laws and regulations expose us to liability and any such liability may have a material adverse effect on our business.
  • Our majority stockholders have the ability to control significant corporate activities, which may result in the Company taking actions that other stockholders did not approve and may reduce the trading price of our stock or trigger a change in control under our Senior Credit Facility.
  • Conflicts of interest may arise because directors who are principals of our largest stockholder constitute a substantial portion of our board of directors.
  • Certain provisions of our organizational documents and other contractual provisions may make it difficult for stockholders to change the composition of our board of directors and may discourage hostile takeover attempts that some of our stockholders may consider to be beneficial.
  • Any issuance of preferred stock could adversely affect holders of our common stock, which could depress the price of our common stock.
Management Discussion
  • Net sales for the year ended December 31, 2019, increased $22.3 million, or 8.7%, to $278.1 million compared to $255.8 million for the year ended December 31, 2018. 
  • U.S. Debit and Credit:
  • Net sales for U.S. Debit and Credit for the year ended December 31, 2019, increased $34.5 million, or 19.3%, to $213.1 million compared to $178.6 million for the year ended December 31, 2018. The net sales increase was primarily due to higher volumes of dual-interface EMV cards, including our Second Wave cards featuring a core made with recovered ocean bound plastics, and higher card personalization and fulfillment sales including increased net sales from our Card@Once instant issuance solution. Dual-interface EMV cards have additional technology to process contactless transactions and generally have a higher average selling price.    
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: began, CG, complexity, disbursement, earlier, embedded, enhanced, experienced, fewer, half, larger, permanent, put, quarantine, reinstated, reinstating, replacement, sentence, slightly, store, suspend, traffic
Removed: added, administratively, answered, anticipated, appeal, aware, circuit, Colorado, counterclaimed, infringe, instituted, Inter, invalidity, IPR, lesser, manufacturing, patent, petition, PTAB, ratio, review, Trial, unpatentable