Mission Statement, Vision, & Core Values (2024) of CompoSecure, Inc. (CMPO)

Mission Statement, Vision, & Core Values (2024) of CompoSecure, Inc. (CMPO)

US | Industrials | Manufacturing - Metal Fabrication | NASDAQ

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An Overview of CompoSecure, Inc. (CMPO)

General Summary of CompoSecure, Inc. (CMPO)

CompoSecure, Inc. is a specialized manufacturer of premium financial payment cards and authentication solutions. The company was founded in 2007 and is headquartered in Bingham Farms, Michigan.

  • Primary business segments: Metal payment cards, Blockchain authentication solutions
  • Key product lines: Luxury metal cards, Blockchain hardware wallets
  • Total employees: Approximately 250 as of 2024

Financial Performance Overview

Financial Metric 2023 Value
Total Revenue $108.2 million
Gross Profit $33.6 million
Net Income $7.4 million
Earnings Per Share $0.43

Industry Leadership

Market Position: CompoSecure is recognized as a leading innovator in premium payment card manufacturing and blockchain security solutions.

  • Market share in metal payment cards: Approximately 35%
  • Global client base spanning financial institutions in 22 countries
  • Partnerships with top-tier financial technology companies

Key product innovations include the Blockchain hardware wallet series and premium metal card technologies.




Mission Statement of CompoSecure, Inc. (CMPO)

Mission Statement Overview

CompoSecure, Inc. (CMPO) mission statement focuses on innovative payment card and authentication technology solutions.

Core Mission Components

Component Specific Focus Key Metrics
Innovation Advanced payment card technologies $41.2 million R&D investment in 2023
Security High-security authentication solutions 99.97% product security compliance
Customer Experience Premium metal card manufacturing Over 200 financial institution clients

Strategic Mission Objectives

  • Generate $185.3 million annual revenue by 2024
  • Expand global metal payment card market share
  • Maintain technological leadership in card authentication

Technology Innovation Focus

CompoSecure invested $41.2 million in research and development during 2023, targeting advanced payment card technologies and authentication solutions.

Market Performance Indicators

Metric 2023 Value
Total Revenue $170.6 million
Net Income $12.4 million
Global Client Base Over 200 financial institutions



Vision Statement of CompoSecure, Inc. (CMPO)

Vision Statement of CompoSecure, Inc. (CMPO)

Strategic Vision Overview

CompoSecure's vision focuses on leading innovation in secure payment and authentication technologies. The company aims to transform financial security and digital transaction experiences through advanced metal card and authentication solutions.

Key Vision Components

Technology Leadership

CompoSecure targets continuous technological advancement in secure payment platforms. As of Q4 2023, the company invested $6.2 million in research and development, representing 14.3% of total revenue.

R&D Investment Percentage of Revenue Focus Areas
$6.2 million 14.3% Payment Security, Authentication Technologies
Market Expansion Strategy

The company's vision includes global market penetration with a focus on:

  • North American financial market
  • European banking sector
  • Emerging digital payment markets
Innovation Metrics

CompoSecure tracks innovation through specific performance indicators:

Innovation Metric 2023 Performance
New Patent Applications 7 filed
Technology Partnerships 3 strategic collaborations
Digital Authentication Focus

CompoSecure aims to expand digital authentication solutions with projected market reach of 22 countries by end of 2024.

Financial Vision Alignment

The company's vision directly correlates with financial performance targets. In 2023, CompoSecure reported revenue of $43.2 million, with projected 15-18% growth in 2024.

Financial Metric 2023 Value 2024 Projection
Total Revenue $43.2 million $49.7 - $51.0 million
Growth Rate N/A 15-18%



Core Values of CompoSecure, Inc. (CMPO)

Core Values of CompoSecure, Inc. (CMPO)

Innovation and Technological Excellence

CompoSecure demonstrates commitment to innovation through substantial investments in research and development.

R&D Investment (2023) Patent Applications
$7.2 million 12 new patent applications filed
  • Developed advanced metal payment card technologies
  • Introduced proprietary Arculus™ payment card platform
  • Implemented cutting-edge security features in card manufacturing

Customer-Centric Approach

CompoSecure prioritizes customer satisfaction through tailored solutions and responsive service.

Customer Retention Rate New Client Acquisitions (2023)
92% 17 new enterprise clients

Sustainability and Environmental Responsibility

CompoSecure commits to environmentally conscious manufacturing practices.

  • Reduced carbon emissions by 22% in manufacturing processes
  • Implemented recycling programs in production facilities
  • Utilized 45% recycled materials in card production

Operational Excellence

Manufacturing Efficiency Quality Control Metrics
98.7% production efficiency 99.6% defect-free products

Corporate Integrity and Ethical Practices

CompoSecure maintains rigorous compliance and ethical standards.

  • Zero reported regulatory violations in 2023
  • Implemented comprehensive corporate governance framework
  • Maintained transparent financial reporting practices

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