XBP Global Holdings Inc 2026年季度报告

Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or asmaller reporting company. See definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company” and “emerginggrowth company” in Rule12b-2 of the Exchange Act. As of August 14, 2026, the Registrant had 11,881,339 shares of common stock outstanding. XBP Global Holdings, Inc.Quarterly Financial StatementsFor the quarterly period ended June 30, 2026 TABLE OF CONTENTS PART I — FINANCIAL INFORMATION Item 1. Financial Statements Condensed Consolidated and Combined Financial StatementsCondensed Consolidated Balance Sheets as of June 30, 2026 (Successor) (Unaudited) and December31, 2025 (Successor)2Condensed Consolidated and Combined Statements of Operations for the three and six months endedJune 30, 2026 (Successor) and June 30, 2025 (Predecessor) (Unaudited)3Condensed Consolidated and Combined Statements of Comprehensive Profit (Loss) for the three andsix months ended June 30, 2026 (Successor) and June 30, 2025 (Predecessor) (Unaudited)4Condensed Consolidated and Combined Statements of Stockholders’ Equity (Deficit) for the threeand six months ended June 30, 2026 (Successor) and June 30, 2025 (Predecessor) (Unaudited)5Condensed Consolidated and Combined Statements of Cash Flows for the six months ended June 30,2026 (Successor) and June 30, 2025 (Predecessor) (Unaudited)6Notes to the Condensed Consolidated and Combined Financial Statements (Unaudited)7Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations46Item 3. Quantitative and Qualitative Disclosures about Market Risk69Item 4. Controls and Procedures69PART II — OTHER INFORMATION71Item 1. Legal Proceedings71Item 1A. Risk Factors71Item 2. Unregistered Sales of Equity Securities and Use of Proceeds71Item 3. Defaults Upon Senior Securities71Item 4. Mine Safety Disclosures71Item 5. Other Information71Item 6. Exhibits72Signatures73 PART I - FINANCIAL INFORMATION The accompanying notes are an integral part of these condensed consolidated and combined financialstatements. XBP Global Holdings, Inc. and SubsidiariesCondensed Consolidated and Combined Statements of OperationsFor the three and six months ended June 30, 2026 (Successor) and June 30, 2025 (Predecessor)(in thousands of United States dollars except share and per share amounts)(Unaudited) The accompanying notes are an integral part of these condensed consolidated and combined financialstatements. XBP Global Holdings, Inc. and SubsidiariesCondensed Consolidated and Combined Statements of Comprehensive Profit (Loss)For the three and six months ended June 30, 2026 (Successor) and June 30, 2025 (Predecessor)(in thousands of United States dollars except share and per share amounts)(Unaudited) The accompanying notes are an integral part of these condensed consolidated and combined financialstatements. XBP Global Holdings, Inc. and SubsidiariesNotes to the Condensed Consolidated and Combined Financial Statements(in thousands of United States dollars except share and per share amounts or unless otherwisenoted)(Unaudited) 1.General XBP Global Holdings, Inc. (the “Company” or “XBP Global”) is a multinational technology andservices company powering intelligent workflows for organizations worldwide. The Company’sproprietary platforms, agentic AI-driven automation, and domain expertise across industries and the publicand private sectors enable its clients’ digital transformations and workflows. The Company’s automationsolutions allow global organizations to address challenges resulting from the massive amounts of dataobtained and created from their operations. The Company’s solutions address the life cycle of transactionprocessing and enterprise information management, from enabling payment gateways and data exchangesacross multiple systems, to matching inputs against contracts and handling exceptions, to ultimatelydepositing payments and distributing communications. The Company conducts its operations through two reportable segments: Applied WorkflowAutomation and Technology. The Applied Workflow Automation segment provides services powered byintelligent, AI-enabled workflows that generate outcomes for clients’ systems. Revenue primarily stemsfrom transactions processed and includes payment processing, data capture, analysis, decisioning,distribution and transformation across industries and the public and private sectors, primarily in Americasand Europe, and increasingly in Asia. The Technology segment of the Company primarily focuses on salesof recurring software licenses and related maintenance, hardware solutions and related maintenance andprofessional services. On July 29, 2025, the Company finalized its acquisition of Exela Technologies BPA, LLC (n/k/aXBP Americas, LLC, collectively with its subsidiaries, “BPA”, and such acquisition, the “BusinessCombination”) pursuant to a Membership Interest Purchase Agreement