CURN Company Report

Analyst Coverage

Research analysts covering CURN.

Recent press releases and 8-K filings for CURN.

Currency Exchange International Reports Strong FY 2025 Results and Progresses EBC Discontinuance

CURN

Earnings

New Projects/Investments

Delisting/Listing Issues

Currency Exchange International (CXI) reported a 317% increase in net income to $10.3 million for the fiscal year ended October 31, 2025, with yearly revenue growth of 5%. Adjusted diluted earnings per share for the year increased by 14% to $1.77.
For Q4 2025, revenue grew 8% to $19.8 million, and adjusted Group net income increased by 19% to $3.3 million. This growth was primarily driven by a 31% increase in the payments product line and a 4% growth in banknotes revenue, especially through direct-to-consumer channels.
The company is in the final stages of discontinuing its Exchange Bank of Canada (EBC) operations, with final regulatory approvals expected in the second fiscal quarter of 2026, allowing CXI to fully focus on its U.S. operations.
CXI is expanding its direct-to-consumer business, now able to deliver currency to homes or businesses in 46 states and having increased non-airport agent locations from 225 to 468. The company is also considering a potential move of its listing from the TSX to Nasdaq in 2027.

Jan 22, 2026, 1:30 PM

Currency Exchange International Reports Strong Q4 and Full-Year 2025 Financial Results

CURN

Earnings

Share Buyback

Revenue Acceleration/Inflection

Currency Exchange International (CXI) reported Q4 2025 revenue of $19.8 million, an 8% increase year-over-year, primarily driven by 31% growth in its payments product line and 4% growth in bank notes revenue.
Adjusted diluted earnings per share increased by 14% to $1.77 for Q4 2025, with adjusted Group net income growing 19% to $3.3 million. For the full fiscal year 2025, revenue grew 5% to $72.5 million and net income from continuing operations increased 6% to $14 million.
The company ended FY 2025 with a total cash position exceeding $100 million, including $25 million in AAA-rated money market funds, and executed a share buyback of 312,300 common shares totaling $4.75 million over the past year.
CXI is actively pursuing growth in its payments business, with a 40% increase in business trading volume in Q4 2025, and is considering a potential move of its listing from the TSX to Nasdaq in 2027.

Jan 22, 2026, 1:30 PM

Currency Exchange International Reports Strong Q4 and Full-Year 2025 Results, Driven by Payments Growth

CURN

Earnings

Share Buyback

New Projects/Investments

Currency Exchange International (CXI) reported Q4 2025 revenue of $19.8 million, an 8% increase over the prior year, and Adjusted diluted earnings per share of $1.77 for the full fiscal year 2025, representing a 14% increase.
The payments product line was a significant growth driver, with Q4 revenue increasing 31% and FY 2025 trading volumes growing 31% to almost $6.7 billion.
CXI is actively expanding its payment capabilities, having become a full SWIFT member and being in the final stages of onboarding with a major stablecoin operator to test USDC capability for domestic dollars. The company is also piloting a Software-as-a-Service (SaaS) offering for domestic payments with four financial institutions.
The company maintains a strong financial position with $73 million in net working capital and over $100 million in total cash (including EBC assets), and has been active in share buybacks, acquiring and canceling 312,300 common shares totaling $4.75 million over the past year.
Discontinued operations related to Exchange Bank of Canada (EBC) resulted in a Q4 2025 net loss of $1.1 million and a FY 2025 net loss of $3.7 million, with plans to liquidate remaining assets and distribute them to CXI.