Exchange Bank of Canada

Currency Exchange International Announces a 15% and 21% Increase in Revenue for the Three-Months and Fiscal Year Ended October 31, 2023 Versus the Prior Year

Retrieved on: 
Wednesday, January 24, 2024
Bank statement, CXI, MD, Exchange Bank, Payment, Growth, Earnings, Investment, TSX, Exchange Bank of Canada, Banknote, Executive officer, Currency Exchange International, Cryptocurrency

The complete financial statements and MD&A can be found on the Company's SEDAR profile at www.sedar.com.

Key Points: 
  • The complete financial statements and MD&A can be found on the Company's SEDAR profile at www.sedar.com.
  • This performance reflects our steadfast commitment to executing against the strategic plan that we developed in 2020.
  • Financial Highlights for the three-months ended October 31, 2023, compared to the three-months ended October 31, 2022:
    Revenue increased by $3.0 million or 15% to $22.8 million from $19.8 million.
  • Financial Highlights for the fiscal year ended October 31, 2023, compared to the fiscal year ended October 31, 2022:
    Revenue increased $14.5 million or 21% to $82.0 million from $67.5 million.

Currency Exchange International, Corp. CEO Randolph W. Pinna Speaking at The Americas Cash Cycle & Payments Seminar 2023

Retrieved on: 
Wednesday, November 22, 2023
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ORLANDO, Fla., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Currency Exchange International, Corp. (CXI) (TSX:CXI) (OTCBB:CURN), a full service foreign exchange technology and services provider, today announced that President and CEO Randolph Wolfgang Pinna will be a participating speaker at The Americas Cash Cycle & Payments Seminar 2023 in Orlando, Florida on November 30, 2023.

Key Points: 
  • ORLANDO, Fla., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Currency Exchange International, Corp. (CXI) (TSX:CXI) (OTCBB:CURN), a full service foreign exchange technology and services provider, today announced that President and CEO Randolph Wolfgang Pinna will be a participating speaker at The Americas Cash Cycle & Payments Seminar 2023 in Orlando, Florida on November 30, 2023.
  • The speaking event will begin at 9:00 a.m. Eastern Time and will address Foreign Currency Exchange Landscape & Trends.
  • During the speaking event, Randolph W. Pinna will share his banknotes perspective coupled with future currency exchange trends and international payments.
  • Mr. Pinna is also the President and CEO of Exchange Bank of Canada, CXI’s wholly owned subsidiary based in Canada.

Currency Exchange International Announces 30% Increase in Revenue for the Three and Six-Months Ended April 30, 2023 versus the Prior Year

Retrieved on: 
Tuesday, June 13, 2023
Federal Reserve Bank, Travel, Exchange Bank, Bank statement, Exchange Bank of Canada, Investment, MD, SEDAR, Currency Exchange International, TSX, Growth, Banknote, CXI, Earnings, Payment, International Payments Framework, Cryptocurrency, Clothing, Bank, Life insurance, Textile

The complete financial statements and MD&A can be found on the Company's SEDAR profile at www.sedar.com.

Key Points: 
  • The complete financial statements and MD&A can be found on the Company's SEDAR profile at www.sedar.com.
  • Randolph Pinna, CEO of the Group, stated, “The second quarter of 2023 demonstrated strong year-over-year growth as increased demand for international travel reaches near pre-COVID levels.
  • We anticipate this pattern will reoccur in 2023, supported by continued year-over-year growth as international travel is expected to recover to pre-pandemic levels during this year.
  • Financial Highlights for the three-months ended April 30, 2023, compared to the three-months ended April 30, 2023:
    Revenue increased 30% or $4.2 million to $18.3 million for the three-month period ended April 30, 2023, as compared to $14.1 million in the three-month period ending April 30, 2022.

Currency Exchange International Announces Financial Results for the Three-Months Period and Fiscal Year Ended October 31, 2022

Retrieved on: 
Monday, January 23, 2023
Executive Office of the President of the United States, SEDAR, Currency Exchange International, MD, Earnings, Payment, Exchange Bank of Canada, Corporation, TSX, CXI, Exchange Bank, Direct, Banknote, Investment, Growth, State Road, North Carolina, Cryptocurrency, Financial services, Airline, Life insurance

The complete financial statements and MD&A can be found on the Group's SEDAR profile at www.sedar.com .

Key Points: 
  • The complete financial statements and MD&A can be found on the Group's SEDAR profile at www.sedar.com .
  • The Company processed 28,845 payments transactions, representing $3,190 million in volume in the three-month period ended October 31, 2022.
  • Financial Highlights for the three-months ended October 31, 2022, compared to the three-months ended October 31, 2021:
    Revenue increased 96% or $9.7 million to $19.8 million for the three-month period ended October 31, 2022, as compared to $10.1 million in the three-month period ending October 31, 2021.
  • Financial Highlights for the fiscal year ended October 31, 2022, compared to the fiscal year ended October 31, 2021:
    Revenue increased 117% or $35.7 million to $66.3 million for the year ended October 31, 2022, compared to $30.6 million in the year ended October 31, 2021.

Limocoin Launches Merchant Campaign in Burkina Faso Following Record-Breaking Transactions

Retrieved on: 
Monday, January 2, 2023
Bank, Fraud, European Central Bank, Swiss National Bank, Bank for International Settlements, Bank of Japan, Bank of Sweden Tercentenary Foundation, Exchange Bank of Canada, Blockchain, Mali, Cryptocurrency

After a surge in popularity and record-breaking transactions, Limocoin has launched a merchant campaign in Burkina Faso

Key Points: 
  • Burkina Faso--(Newsfile Corp. - January 2, 2023) - Limocoin started its Merchant Campaign in Burkina Faso, France, Cameroon, Sénégal and Mali after it achieved new levels of success in terms of the number of transactions it has processed.
  • Limocoin's merchant campaign is making it possible for merchants and customers in Africa to leapfrog established financial institutions through digital money.
  • Transactions involving Limocoin do not need the customary banking expenditures that are linked with fiat currencies such as deposits, withdrawals, and maintenance fees.
  • Because there are no intermediaries or governments involved in Limocoin transactions, the associated fees are often far lower than those associated with bank transfers.

Currency Exchange International to Report its Third Quarter 2022 Results on September 13, 2022, and Host Earnings Conference Call on September 14, 2022 at 8:30 AM EST

Retrieved on: 
Thursday, September 8, 2022
CXI, Sale, EST, FX, TSX, Currency Exchange International, GLOBE, Conference, Company, Conference call, Â, SHI International Corp, Exchange Bank, Exchange Bank of Canada, Financial services

TORONTO, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Currency Exchange International, Corp. (the Company) (TSX: CXI; OTCBB: CURN), will report its financial results for the Third Quarter of 2022 (ended July 31, 2022) after-market close on Tuesday September 13, 2022.

Key Points: 
  • TORONTO, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Currency Exchange International, Corp. (the Company) (TSX: CXI; OTCBB: CURN), will report its financial results for the Third Quarter of 2022 (ended July 31, 2022) after-market close on Tuesday September 13, 2022.
  • Following therelease,Currency Exchange International Corp. will host an earnings conference call with management on Wednesday September 14, at 8:30 a.m. EST, in which they will discuss these recent financial and operational results.
  • CXI Financial Reporting and Conference Call Details:
    Thecompanywillrelease its financial results for the Third Quarter 2022, after-market closeon Tuesday September 13, 2022.
  • TheCompanyplans to host a conference call on Wednesday September 14, 2022 at 8:30am EST.

Currency Exchange International to Report its Second Quarter 2022 Results on June 14, 2022, and Host Earnings Conference Call on June 15, 2022 at 8:30 AM EST

Retrieved on: 
Wednesday, June 8, 2022
EST, Â, Exchange Bank, Company, Second, Conference, Currency Exchange International, SHI International Corp, Exchange Bank of Canada, FX, Conference call, Sale, GLOBE, TSX, CXI, Financial services

TORONTO, June 08, 2022 (GLOBE NEWSWIRE) -- Currency Exchange International, Corp. (the Company) (TSX: CXI; OTCBB: CURN), will report its financial results for the Second Quarter of 2022 (ended April 30, 2022) after-market close on Tuesday June 14, 2022.

Key Points: 
  • TORONTO, June 08, 2022 (GLOBE NEWSWIRE) -- Currency Exchange International, Corp. (the Company) (TSX: CXI; OTCBB: CURN), will report its financial results for the Second Quarter of 2022 (ended April 30, 2022) after-market close on Tuesday June 14, 2022.
  • Following therelease,Currency Exchange International Corp. will host an earnings conference call with management on Wednesday June 15, at 8:30 a.m. EST, in which they will discuss these recent financial and operational results.
  • CXI Financial Reporting and Conference Call Details:
    TheCompanywillrelease its financial results for the Second Quarter 2022, after-market closeon Tuesday June 14, 2022.
  • TheCompanyplans to host a conference call on Wednesday June 15, 2022 at 8:30am EST.

Currency Exchange International Announces Financial Results for the Three-Month Period and Fiscal Year Ended October 31, 2021

Retrieved on: 
Thursday, January 27, 2022
FRBNY, CEO, Growth, Coronavirus, World Health Organization, COVID-19, Banknote, Payment, Federal Reserve Bank of New York, Travel, SEDAR, Tourism, World, TSX, Currency Exchange International, Exchange Bank, Mission statement, Federal Reserve Bank, Government, Disease, Corporation, Company, Acquisition, CXI, MD, GLOBE, Exchange Bank of Canada, Income, Federal, Season, Federal Reserve, Cryptocurrency, Pharmaceutical industry, Bank, Airline, Ridesharing company

The complete financial statements and MD&A can be found on the Company's SEDAR profile at www.sedar.com .

Key Points: 
  • The complete financial statements and MD&A can be found on the Company's SEDAR profile at www.sedar.com .
  • Randolph Pinna, CEO of the Company, stated, 2021 was a transformational year for CXI.
  • These two pillars are designed to diversify our reliance on the domestic trade in foreign currencies, which is largely dependent on international travel.
  • Financial Highlights for the Three-month Period Ended October 31, 2021 compared to the Three-month Period Ended October 31, 2020:
    Revenue increased 102% or $5.0 million to $10.0 million for the three-month period ended October 31, 2021 as compared to $4.9 million in the three-months ending October 31, 2020.

Currency Exchange International to Report Fourth Quarter and 2021 Fiscal Year End Results on January 27, 2022, and Host Earnings Conference Call on January 28, 2022 at 8:30 AM EST

Retrieved on: 
Friday, January 21, 2022
Conference, FX, Exchange Bank of Canada, Â, Currency Exchange International, GLOBE, EST, SHI International Corp, Company, Conference call, CXI, Sale, TSX, Exchange Bank, Financial services

TORONTO, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Currency Exchange International, Corp. (the Company) (TSX: CXI; OTCBB: CURN), will report its financial results for the Fourth Quarter and 2021 Fiscal Year End (ended October 31, 2021) pre-market open on Thursday January 27, 2022.

Key Points: 
  • TORONTO, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Currency Exchange International, Corp. (the Company) (TSX: CXI; OTCBB: CURN), will report its financial results for the Fourth Quarter and 2021 Fiscal Year End (ended October 31, 2021) pre-market open on Thursday January 27, 2022.
  • Following therelease,Currency Exchange International Corp. will host an earnings conference call with management on Friday January 28, at 8:30 a.m. EST, in which they will discuss these recent financial and operational results.
  • CXI Financial Reporting and Conference Call Details:
    TheCompanywillrelease its financial results for the fourth quarter and 2021 fiscal year end, pre-market openon Thursday January 27, 2022.
  • TheCompanyplans to host a conference call on Friday January 28, 2022 at 8:30am EST.

Currency Exchange International Announces Financial Results for the Three- and Nine-Month Period Ended July 31, 2021

Retrieved on: 
Monday, September 13, 2021
Federal Reserve Bank of New York, Program, Income, Government, Travel, CEO, Exchange Bank of Canada, SEDAR, Coronavirus, Season, John Henry, Currency Exchange International, Company, Disease, CXI, World, World Health Organization, Federal Reserve Bank, MD, Growth, COVID-19, GLOBE, Mission statement, Acquisition, TSX, Tourism, FRBNY, Cryptocurrency, Pharmaceutical industry, Financial adviser, Animal, Airline

TORONTO, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Currency Exchange International, Corp. (the Company) (TSX: CXI; OTCBB: CURN), announces its financial results and management's discussion and analysis ("MD&A") for the three and nine-months ended July 31, 2021 (all figures are in U.S. dollars except where otherwise indicated).

Key Points: 
  • TORONTO, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Currency Exchange International, Corp. (the Company) (TSX: CXI; OTCBB: CURN), announces its financial results and management's discussion and analysis ("MD&A") for the three and nine-months ended July 31, 2021 (all figures are in U.S. dollars except where otherwise indicated).
  • The complete financial statements and MD&A can be found on the Company's SEDAR profile at www.sedar.com.
  • Financial Highlights for the Three-month Period Ended July 31, 2021 compared to the Three-month Period Ended July 31, 2020:
    Revenue increased 123% or $4.8 million to $8.6 million for the three-month period ended July 31, 2021.
  • Financial Highlights for the Nine-month Period Ended July 31, 2021 compared to the Nine-month Period Ended July 31, 2020:
    Revenue for the nine-month period ended July 31, 2021 increased by 1%, or $0.2 million over the same period in the prior year.