Welcome to our dedicated page for Currency Exchange Intl news (Ticker: CURN), a resource for investors and traders seeking the latest updates and insights on Currency Exchange Intl stock.
Currency Exchange International, Corp. (CURN) appears frequently in financial and corporate news due to its focus on foreign exchange technology, banknote services, and international payments. Company announcements often cover its financial results, operational developments, and activities in the United States, Canada, and select international markets.
News items for Currency Exchange International commonly include quarterly and annual financial results, along with details about earnings conference calls where management discusses recent financial and operational performance. These updates provide insight into trends in its banknote and payments segments, as well as commentary on demand for foreign currencies and international payments.
Coverage also highlights corporate and operational milestones. Examples from past releases include the growth of its international payments segment, expansion of relationships with financial institutions in the United States and Canada, and technology integrations of its CXIFX platform with core banking systems. The company has also reported on participation by its subsidiary, Exchange Bank of Canada, in a foreign bank international cash services program.
Additional news can feature technology and operational partnerships, such as the deployment of cash recyclers in U.S. vault locations to support multi-currency cash processing. Conference participation and investor events, including presentations at micro-cap conferences and annual general meetings, are also regular topics.
Investors and observers who follow CURN news can use this page to review a stream of press releases and third-party coverage related to earnings, payments and banknote activity, technology initiatives, and corporate events. Returning to this page provides a centralized view of how Currency Exchange International communicates its progress and developments over time.
Currency Exchange International (TSX:CXI / OTCQX:CURN) reported 2025 revenue of $72.4M, up 5% year‑over‑year, and reported net income of $10.3M (up 317%) for the year ended October 31, 2025. Adjusted net income was $10.8M (up 6%) and adjusted diluted EPS was $1.77 (up 13%). Reported EBITDA was $23.3M and adjusted EBITDA was $24.0M. Payments revenue grew 19% with trading volumes up 31%, while Banknotes rose 3%. The Group repurchased 312,300 shares for $4.76M under an NCIB and upgraded U.S. listing to OTCQX on May 20, 2025. The Group ceased Exchange Bank of Canada operations (EBC) in 2025 and expects ~$3M annualized after‑tax costs to be borne by continuing operations during the exit process.
Currency Exchange International (TSX:CXI / OTCQX:CURN) will report its Fourth Quarter and Fiscal Year 2025 results (fiscal year ended October 31, 2025) after market close on January 21, 2026. Management will discuss the results on an earnings conference call on January 22, 2026 at 8:30 AM EST. Participants may dial the toll-free number +1 800 717 1738 and use Conference ID 67127. A recorded copy of the call will be made available on the company website for those unable to join live. The company provides foreign exchange technology and processing services to banks, credit unions, businesses and consumers via retail branches, CXIFX and OnlineFX.
Currency Exchange International (CXI) has successfully implemented ATEC America's cash recyclers across multiple U.S. vault locations. The deployment of the ATEC LTA-450 system addresses CXI's previous challenges with outdated dispensing technology and storage capacity. The new solution offers key improvements including dual-teller operation, recycling technology with smart cassettes, capacity for up to 22,000 notes, multi-currency support, and doubled processing speed compared to previous systems. The partnership aims to enhance operational efficiency and cash management for CXI's FINTECH money service operations.
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Currency Exchange International reported robust financial results for the three and six months ended April 30, 2022. Revenue soared 108% to $13.4 million in Q2, driven by a 103% increase in the Banknote segment and a 127% rise in Payments revenue. Net income surged to $1.3 million, with earnings per share at $0.20. For the six-month period, revenues climbed 120% to $25.8 million, and net income reached $2.8 million. The company noted strong liquidity with $53.1 million in net working capital, indicating a solid financial position as travel demand rebounds.
Currency Exchange International, Corp. (CURN) will release its Q2 2022 financial results after market close on June 14, 2022. A conference call to discuss these results is scheduled for June 15, 2022, at 8:30 AM EST. The Company offers various foreign exchange technology and processing services across North America, including currency exchange and international payment solutions through its subsidiary, Exchange Bank of Canada. Investors can access a recorded version of the call on the Company’s website.
Currency Exchange International (CURN) held its Annual General and Special Meeting on March 17, 2022, where all nominees listed in the management information circular were elected as directors. Joseph August, Chirag Bhavsar, and others received over 99% approval. Additionally, shareholders appointed Grant Thornton LLP as auditors with approximately 99.66% approval. An advance notice bylaw was also approved with 98.56% of votes in favor. The Company provides foreign exchange services for banks and consumers, utilizing proprietary software and a web-based interface.
Currency Exchange International (CURN) reported strong financial results for the three months ending January 31, 2022, achieving a net income of $1.5 million, a recovery from a $1.3 million loss in the previous year. This period saw a 245% revenue increase to $12.5 million, driven by a 199% rise in banknote revenue. The company added 272 new customer relationships and processed over $2.34 billion in international payments. Despite the ongoing pandemic, CXI's growth trajectory remains positive, supported by increased demand for travel-related services.
Currency Exchange International, Corp. (CURN) will announce its Q1 2022 financial results on March 16, 2022, at 7:30 a.m. EDT. A conference call will follow on March 17, 2022, at 8:30 a.m. EDT to discuss the results. The company also invites stakeholders to its 2022 Annual General and Special Meeting, set for March 17, 2022, at 12:00 p.m. EDT, which will be held virtually. Shareholders can vote online before the meeting or during it with a control number.
Currency Exchange International (CURN) reported significant financial results for the fiscal year ended October 31, 2021, with revenues increasing by 21% to $30.3 million, compared to $25.0 million in 2020. The company achieved a net income of $1.6 million in Q4 2021, reversing a loss of $3.3 million from the prior year. Operating cash flows turned positive, aided by $4.2 million from government grants. The company is optimistic about future growth, especially in corporate payments and new integrations with banking platforms.
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