CXI net income soars over three times to USD 10.3 million for FY 2025

Reuters
Jan 22
CXI net income soars over three times to USD 10.3 million for FY 2025

Currency Exchange International Corp. (CXI) reported full year (FY) 2025 results with revenue of USD 19.9 million for the fourth quarter (Q4), an increase of 8 percent. For the full year ended October 31, 2025, group revenue grew 5 percent. Net income for the year reached USD 10.3 million, representing a multiple of 3.2 times compared to the previous year. EBITDA for the period was USD 24.0 million. The company’s payments revenue increased 19 percent for the year, attributed to a 31 percent growth in trading volumes. Banknotes revenue rose 3 percent, supported by the expansion of the OnlineFX network and new agency relationships. Adjusted net income from continuing operations for the full year was USD 14.5 million, up 10 percent, while adjusted group net income totaled USD 10.8 million, up 6 percent. Adjusted diluted earnings per share for the year was USD 1.77, an increase of 13 percent. As of October 31, 2025, CXI reported total equity of USD 84.7 million and net working capital of USD 73.4 million. The company’s capital position and liquidity remained strong at the end of the fiscal year.

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