Cimpress N.V. (NASDAQ:CMPR) Q4 2022 Results Conference Call July 28, 2022 8:00 AM ET

Company Participants

Meredith Burns - VP, IR and Sustainability

Robert Keane - Founder, Chairman and CEO

Sean Quinn - EVP and CFO

Operator

Good day, and welcome to the Cimpress Q4 and Fiscal Year 2022 Earnings Conference Call.

I will now introduce Meredith Burns, Vice President of Investor Relations and Sustainability. Please go ahead.

Meredith Burns

Thank you, Vaishnavi, and thank you, everyone, for joining us today. We decided to host this earnings follow-up webcast in light of increased investor focus on macroeconomic uncertainty as well as the fact that our annual Investor Day will be in September, which is later than it has been in recent years. With us today are Robert Keane, our Founder, Chairman and Chief Executive Officer; and Sean Quinn, EVP and Chief Financial Officer.

I hope you've all had a chance to read our earnings document and annual letter to investors. There's a lot of information in these documents, and we appreciate the time that you have dedicated to understanding our results, our commentary and our outlook. This live Q&A session will last 45 minutes to an hour, and we'll answer both pre-submitted and live questions. You can submit questions live via the Ask-A-Question box at the top right of the screen.

Before we start, I'll note that in this session, we're likely to make statements about the future. Our actual results may differ materially from these statements due to risks that are outlined in detail in our SEC filings and the documents we published yesterday on our website. We invite you to read them. And now I will turn things over to Sean for some brief remarks before we take questions.

Sean Quinn

Great. Thanks a lot, Meredith, and let me echo our thanks to those who have joined the webcast today. Before we take your questions, I just want to highlight a few salient points from the information released yesterday. In the fiscal year that just ended June 30, Cimpress delivered record revenue and gross profit in the face of significant cost inflation, supply disruption and lingering impacts of the pandemic.

Our organic constant currency revenue growth accelerated in the second half of the year and to 19% in the fourth quarter. Our value creation trajectory is clear in our Upload and Print businesses, and National Pen, and BuildASign and Printi, and you'll see strong results across each of those businesses. But it's worth highlighting that our upload of Print businesses as a whole, which now represents 30% of our consolidated revenue, had record revenue and record combined segment EBITDA this past fiscal year despite these macro conditions and also currency headwinds.