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  5. CXI: your thoughts please on the latest quarter? [Currency Exchange International Corp.]
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Q: your thoughts please on the latest quarter?
Asked by blake on September 15, 2023
5i Research Answer:

EPS of 60c missed estimates of 80c (only one analyst). Revenue of $23.3M was ahead of estimates of $23M. Revenue rose 10%, but net income fell 12%. There was `11% growth in the banknotes product line as international travel continued its rebound. The payments division handled about 33,000 transactions. CXI is seeing some inflationary/rate pressures, but the stock has done OK this year and remains very cheap at 10X earnings. Not overly exciting here but nothing of concern.