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Currency Exchange International Reports Third Quarter 2025 Results

Sentiment:Negative (10)

Summary

(CXI) 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

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Article published on September 10, 2025 by globenewswire