XBP Global Holdings Inc. $(XBP)$, a multinational leader in business process automation and integration of bills, payments, and related solutions, announced its financial results for the second quarter ended June 30, 2025. The company reported a total revenue of $39.6 million, reflecting a 17.8% increase year-over-year and a 5.2% rise sequentially. The Bills & Payments segment contributed $28.8 million to the total revenue, marking a 15.9% year-over-year increase and a 9.3% sequential growth. Meanwhile, the Technology segment revenue was $10.9 million, up 23.2% year-over-year but down 4.5% sequentially. The company's gross margin stood at 29.8%, representing a 1,020 basis points increase compared to the previous year, although it experienced a 30 basis points decrease sequentially. Adjusted EBITDA was reported at $3.3 million, which is a significant 173.8% increase year-over-year and an 11.2% decrease sequentially. In terms of business updates, XBP Europe completed the acquisition of Exela Technologies BPA, LLC and subsequently changed its name to XBP Global Holdings, Inc. The company is in the process of integrating the two teams and aims to enhance overall company performance, supported by its global scale and strengthened financial position. Further details on the combined company are expected to be provided in future reporting periods.