GPGI (GPGI) risk factors
Item 1A of every GPGI, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors67 risks25 new19 dropped21 reworded
Customer concentration remains high with JPMorgan Chase and American Express representing 55% of CompoSecure net sales. New ownership stakes introduce Tungsten at 18% and Platinum Equity at 19% with board nomination rights. International exposure grew through the Husky business spanning Brazil, China, India, Luxembourg, Mexico, and Russia.
Filed Mar 12, 2026 - FY2024 10-K risk factors61 risks
Concentrated customer base creates revenue dependency on JPMorgan Chase and American Express, representing 63% of net sales in 2024. Heavy reliance on external management by Resolute Holdings under a non-fiduciary contract. Substantial debt load of $197.5 million with variable SOFR interest rates.
Filed Mar 05, 2025