Currency Exchange International Corp. Reports 7% Revenue Increase, 8% Rise in Net Income, and Adjusted EPS of $0.66 for Q3 2025
Reuters
Sep 11, 2025
<a href="https://laohu8.com/S/CURN">Currency Exchange International Corp</a>. Reports 7% Revenue Increase, 8% Rise in Net Income, and Adjusted EPS of $0.66 for Q3 2025
Currency Exchange International Corp. reported its financial results for the third quarter of 2025, revealing a net income of $4.2 million, which marks an 8% increase compared to the previous year. The reported income reflects $5.2 million from continuing operations, offset by a net loss of $1.0 million from Exchange Bank of Canada, classified as discontinued operations. The restructuring of these operations resulted in a net restructuring credit of $0.1 million. Revenue for the period increased by 7% or $1.3 million, reaching $21.3 million compared to $20.0 million in the prior year. This includes a 4% or $0.7 million rise in banknotes revenue and a 24% or $0.6 million increase in payments revenue. Reported EBITDA rose by 4% to $8.1 million, while adjusted EBITDA was up by 5% to $8.2 million. The Group also expanded its banknotes market penetration in the U.S. financial sector by adding 31 new financial institutions as clients during the quarter.
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