Content analysis
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H.S. junior Avg
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New words:
aimed, AML, assignor, blackout, blog, cardboard, CFT, CIO, CISO, clarity, commensurate, Congressional, DAO, DeFi, Delinquent, dental, dignity, discriminate, double, drafter, epidemic, ESG, ethnicity, evade, female, Gaza, grappling, honest, hotline, ICK, ineffective, inflationary, insider, instability, IOSCO, Israel, Javelin, job, journal, Kwon, KYC, live, load, male, Medal, medical, mental, negligence, NFT, Nonvested, pace, PATRIOT, percent, percentile, plaintiff, pretax, prudent, race, Ratification, referenced, religion, remote, Ripple, sanctioned, scanning, sex, Silver, SIM, sixteen, solidify, sought, stablecoin, stakeholder, Statista, Terraform, text, textual, thoughtful, threat, unincorporated, unissued, unlock, upholding, USA, victim, volunteerism, wage, water, whistleblower
Removed:
ascribed, bad, billed, certificate, DBDRU, DBDRW, declaring, enterprise, foreseeable, foundation, implementing, instance, intention, interim, IPO, merchant, objective, Secretary, telephone, unaffiliated, vice
Financial report summary
?Competition
CPI CardManagement Discussion
- The Company’s net sales for the year ended December 31, 2023 increased by $12.2 million, or 3%, to $390.6 million compared to $378.5 million for the year ended December 31, 2022. The increase was primarily driven by continued domestic growth in the Company’s premium payment card business, which was up 9%. This was offset by lower international sales, which is a more variable market due to current global economic uncertainty, customer mix and a smaller sales base.
- Domestic: The Company’s domestic net sales for the year ended December 31, 2023 increased $26.1 million, or 9%, to $321.5 million compared to $295.4 million for the year ended December 31, 2022. The increase was primarily due to higher customer acquisition by the Company’s clients as they continued to experience higher demand.
- International: The Company’s international net sales for the year ended December 31, 2023 decreased $13.9 million, or 17%, to $69.2 million compared to $83.1 million for the year ended December 31, 2022. This decrease was primarily due to current global economic uncertainty and international markets being a more variable market due to customer mix and a smaller sales base.