News Image

Currency Exchange International Reports Third Quarter 2025 Results

Provided By GlobeNewswire

Last update: Sep 10, 2025

TORONTO, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Currency Exchange International, Corp. (the “Group” or “CXI”) (TSX: CXI; OTCQX: CURN), today reported net income of $4.2 million for the third quarter of 2025, 8% higher than the prior year (all figures are in U.S. dollars except where otherwise indicated). This 2025 reported net income reflected $5.2 million net income from continuing operations and a net loss of $1.0 million from Exchange Bank of Canada, the Company’s Canadian subsidiary which was classified as discontinued operations effective the second quarter of 2025. These third quarter results included a net restructuring credit of $0.1 million related to discontinued operations in Canada. Excluding restructuring amounts, the Group’s adjusted net income1 decreased by 10% compared to the prior year and adjusted diluted earnings per share1 (“EPS”) was 4% lower than the prior year due to the impact of customer activity discontinuing at EBC. The completed condensed interim consolidated financial statements and management’s discussion and analysis (“MD&A”) can be found on the Group’s SEDAR profile at www.sedarplus.ca.

Read more at globenewswire.com
Follow ChartMill for more