The earnings call reflected a mixed sentiment with significant operational improvements and strategic progress offset by challenges such as declines in banknotes revenue and the impact of discontinued operations. The company's successful exit from Canada and efficiency gains are positive, but the financial burden of additional costs and discontinued operations losses temper the overall outlook.

Company Guidance

During the Currency Exchange International Q2 2025 Financial Results Conference Call, several key metrics and updates were provided. The company reported $2.7 million in net income from continuing operations, with a net loss of $0.7 million from discontinued operations, specifically the Exchange Bank of Canada (EBC). Adjusted net income increased by 18% to $2.3 million, with adjusted diluted earnings per share rising by 24% to $0.36. Revenue from continuing operations was approximately $16 million, a 3% decrease from the previous year, driven by a decline in banknotes revenue despite a 5% increase in payments revenue. Operating expenses decreased by 10%, contributing to a 16% increase in operating income to $5.1 million. The company anticipates that certain operating expenses currently shared with EBC, totaling around $3 million annually, will be fully absorbed by CXI following EBC's exit from Canada. Additionally, the company reported an adjusted EBITDA of $5.1 million, marking a 15% increase over the previous quarter. The strategic focus remains on growing the payments and banknotes businesses, with new client opportunities and a robust pipeline noted in both areas.

Increase in Adjusted Net Income

The group's adjusted net income increased by 18% to $2.3 million compared to $2 million in the prior year.

Growth in Payments Product Line

Payments revenue increased by 5%, supported by a 13% increase in trading volume activity from existing financial institution customers and the on-boarding of new customers.

Successful Exit Strategy from Canada

The discontinuance of Exchange Bank of Canada is on schedule, with favorable terms reached with employees and a majority of customers off-boarded by May 30.

Operational Efficiency Improvements

Operating expenses decreased by $1.2 million or 10%, and the ratio of total operating expenses to revenue improved from 73% to 68%.

Expansion of OnlineFX Platform

The OnlineFX platform expanded to service 46 states, covering over 92% of the U.S. population.

Currency Exchange International (TSE:CXI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:CXI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Sep 10, 2025	2025 (Q3)	0.57 / -	0.813	―	―	―
Jun 11, 2025	2025 (Q2)	- / 0.58	0.413	40.00% (+0.17)	―	―
Mar 12, 2025	2025 (Q1)	0.37 / 0.23	0.179	30.77% (+0.06)	―	―
Jan 22, 2025	2024 (Q4)	0.90 / 0.58	0.469	23.53% (+0.11)	―	―
Sep 11, 2024	2024 (Q3)	0.92 / 0.81	0.827	-1.67% (-0.01)	―	―
Jun 12, 2024	2024 (Q2)	0.39 / 0.41	0.455	-9.09% (-0.04)	―	―
Mar 13, 2024	2024 (Q1)	0.36 / 0.18	0.331	-45.83% (-0.15)	―	―
Jan 24, 2024	2023 (Q4)	0.77 / 0.47	0.91	-48.48% (-0.44)	―	―
Sep 14, 2023	2023 (Q3)	1.10 / 0.83	0.978	-15.49% (-0.15)	―	―
Jun 13, 2023	2023 (Q2)	0.34 / 0.45	0.262	73.68% (+0.19)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:CXI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jun 11, 2025	C$20.75	C$20.29	-2.22%
Mar 12, 2025	C$21.20	C$21.50	+1.42%
Jan 22, 2025	C$22.90	C$22.50	-1.75%
Sep 11, 2024	C$26.00	C$24.77	-4.73%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Currency Exchange International (TSE:CXI) report earnings?

Currency Exchange International (TSE:CXI) is schdueled to report earning on Sep 10, 2025, TBA (Confirmed).

What is Currency Exchange International (TSE:CXI) earnings time?

Currency Exchange International (TSE:CXI) earnings time is at Sep 10, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:CXI EPS forecast?

TSE:CXI EPS forecast for the fiscal quarter 2025 (Q3) is 0.57.

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