Exela Technologies, Inc.
exelatech.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q3 FY2024 10-Q, filed Nov 14, 2024. Its latest SEC filing is a 3 from Aug 6, 2025.
10-Q for Q3 FY2024, filed Nov 14, 2024
The sections below describe the company as of the FY2023 annual report.
What Did They Do?
Provides outsourced transaction processing and software for managing payments, records and workflows to financial institutions, healthcare organizations, and businesses and public agencies.
10-K for FY2023, filed Apr 3, 2024We are a global provider of transaction processing solutions, enterprise information management, document management and digital business…View ↗
Exela offers a suite of finance and accounting (“F&A”) solutions providing digital roads to connect global commerce. By structuring and…View ↗
Exela’s enterprise information management (“EIM”) solutions ingest and organize large amounts of data and store the information in cloud…View ↗
Exela has built extensive proprietary workflow automation platforms for business process management across several industries and regions.…View ↗
Who Were Their Customers?
Serves financial institutions, healthcare payers and providers, and public-sector, commercial and legal organizations; many customers have long-running relationships with the company.
10-K for FY2023, filed Apr 3, 2024We serve over 4,000 customers across a variety of industries. Our customers are among the leading companies in their respective industries…View ↗
ITPS: Our largest segment, ITPS, provides a wide range of solutions and services designed to aid businesses in information capture…View ↗
HS: HS operates and maintains an outsourcing business specializing in both the healthcare provider and payer markets. We serve the top…View ↗
LLPS: Our LLPS segment provides a broad array of support services in connection with class action settlement administration, claims…View ↗
How Were They Changing?
- Net income
-
Sources
10-Q for Q3 FY2024, filed Nov 14, 2024
−$24MView ↗
- ▲ +4% (Loss)
- vs −$23.1M in Q3 FY2023
10-Q for Q3 FY2024, filed Nov 14, 2024
Open tableView ↗
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Nov 7, 2024
Nasdaq determined to delist Exela's common stock
Nasdaq said trading was expected to move to OTC Markets under XELA on November 8.
Sources
8-K, filed Nov 7, 2024
On November 6, 2024, the Nasdaq Stock Market LLC (“Nasdaq”) notified Exela Technologies, Inc. (the “Company”) that the Nasdaq Hearings…View ↗
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Jul 1, 2024
Exela authorized consideration of a spin-off of its BPA business
If completed, stockholders would receive shares in the BPA business while Exela retained XBP Europe and North American onsite services.
Sources
8-K, filed Jul 1, 2024
IRVING, Texas, July 1, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a business…View ↗
Human-capital offerings The latest report adds outsourced HR services and a learning platform alongside its human-capital management software; the older report listed human-capital management.
Who Did They Compete With?
Competes with IBM, EMC, OpenText, Hyland, Iron Mountain, Canon, Ricoh, Fiserv, Jack Henry, FIS, Black Knight Financial, Optum, Broadridge Financial Solutions, Computershare, Cognizant, Accenture, Workday, Salesforce, Blackline, and Pega
10-K for FY2023, filed Apr 3, 2024Multi-national companies that provide data aggregation, information management and workflow automation services, such as IBM, EMC…View ↗
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