Reported Earnings • May 07
Third quarter 2026 earnings: EPS and revenues miss analyst expectations Third quarter 2026 results: US$0.033 loss per share (down from US$0.67 profit in 3Q 2025). Revenue: US$78.7m (up 4.3% from 3Q 2025). Net loss: US$2.45m (down 105% from profit in 3Q 2025). Revenue missed analyst estimates by 8.1%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 08
Second quarter 2026 earnings released: US$0.001 loss per share (vs US$0.068 profit in 2Q 2025) Second quarter 2026 results: US$0.001 loss per share (down from US$0.068 profit in 2Q 2025). Revenue: US$78.7m (up 6.8% from 2Q 2025). Net loss: US$70.0k (down 101% from profit in 2Q 2025). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 07
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: US$0.02 loss per share (down from US$0.045 profit in 1Q 2025). Revenue: US$80.9m (up 14% from 1Q 2025). Net loss: US$1.21m (down 137% from profit in 1Q 2025). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth. Announcement • Oct 13
Cantaloupe, Inc., Annual General Meeting, Nov 19, 2025 Cantaloupe, Inc., Annual General Meeting, Nov 19, 2025. Recent Insider Transactions • Sep 26
Chief Technology Officer recently sold US$154k worth of stock On the 22nd of September, Gaurav Singal sold around 15k shares on-market at roughly US$10.61 per share. This transaction amounted to 74% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought US$2.0m more than they sold in the last 12 months. Announcement • Sep 25
Cantaloupe, Inc. Announces Departure of Gaurav Singal as Chief Technology Officer, Effective October 7, 2025 On September 24, 2025, Cantaloupe, Inc. (the “Company”) announced that Gaurav Singal, Chief Technology Officer of the Company, is leaving the Company, effective October 7, 2025. Mr. Singal's departure was a personal decision to pursue another opportunity and was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Recent Insider Transactions Derivative • Sep 22
Chief Technology Officer exercised options and sold US$1.5m worth of stock On the 18th of September, Gaurav Singal exercised 200k options at a strike price of around US$3.27 and sold these shares for an average price of US$10.63 per share. This trade did not impact their existing holding. Since September 2024, Gaurav's direct individual holding has decreased from 143.45k shares to 10.12k. Company insiders have collectively bought US$673k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Sep 10
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: US$0.87 (up from US$0.16 in FY 2024). Revenue: US$302.5m (up 13% from FY 2024). Net income: US$64.0m (up 460% from FY 2024). Profit margin: 21% (up from 4.2% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 1.1%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jun 17
Price target decreased by 10% to US$11.20 Down from US$12.50, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of US$10.99. The company is forecast to post earnings per share of US$0.87 for next year compared to US$0.16 last year. Announcement • Jun 17
365 Retail Markets, LLC entered into a definitive agreement to acquire Cantaloupe, Inc. (NasdaqGS:CTLP) for approximately $830 million. 365 Retail Markets, LLC entered into a definitive agreement to acquire Cantaloupe, Inc. (NasdaqGS:CTLP) for approximately $830 million on June 15, 2025. Under the terms of the agreement, Cantaloupe shareholders will receive $11.20 per share in cash. Upon completion of the transaction, Cantaloupe will become a privately-held company. In case of termination of the transaction under certain specified circumstances, Cantaloupe will be required to pay 365 Retail Markets a termination fee of $31.5 million.
The transaction is subject to customary closing conditions, including approval by Cantaloupe shareholders, the receipt of required regulatory approvals, and the expiration or termination of any waiting period applicable under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.The transaction was approved unanimously by the Cantaloupe Board of Directors. 365 Retail Markets board of directors also approved the transaction. The transaction is not subject to a financing condition and 365 has received fully committed financing for the transaction.
J.P. Morgan Securities LLC is serving as exclusive financial advisor and fairness opinion provider and Keith Townsend, Robert Leclerc and Zachary Davis of King & Spalding LLP are serving as legal counsel to Cantaloupe. William Blair & Company is serving as financial advisor and James R. Griffin, David Gail, Ramona Y. Nee, Jeffrey Perry, Benton Lewis and Claudia Lai of Weil, Gotshal & Manges LLP are serving as legal counsel to 365 and Providence. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to US$9.86, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Diversified Financial industry in the US. Total returns to shareholders of 100% over the past three years. Major Estimate Revision • May 15
Consensus EPS estimates increase by 169%, revenue downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$310.7m to US$306.5m. EPS estimate rose from US$0.324 to US$0.873. Net income forecast to shrink 30% next year vs 18% growth forecast for Diversified Financial industry in the US . Consensus price target broadly unchanged at US$12.30. Share price fell 2.6% to US$8.01 over the past week. Reported Earnings • May 09
Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2025 results: EPS: US$0.67 (up from US$0.06 in 3Q 2024). Revenue: US$75.4m (up 11% from 3Q 2024). Net income: US$48.9m (up US$44.5m from 3Q 2024). Profit margin: 65% (up from 6.4% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • May 09
Cantaloupe, Inc. Revises Earnings Guidance for the Full Fiscal Year 2025 Cantaloupe, Inc. revising earnings guidance for the full fiscal year 2025. For the period, the company expects total Revenue to be between $302 million and $308 million. Total US GAAP net income applicable to common shares to be between $64 million and $70 million. Announcement • May 06
Cantaloupe, Inc. to Showcase Full Suite of Smart Retail Innovations At 2025 NAMA Show Cantaloupe, Inc. is showcasing its full suite of smart self-service retail innovations at this year's 2025 National Automatic Merchandising Association (NAMA) Show, taking place May 7-9 in Las Vegas. Cantaloupe's product line-up includes the recently introduced Go Micro kiosk and new Smart Aisle. Cantaloupe will host an in-booth unveiling and live demonstration of these exciting technology solutions on May 7, at 2:45 p.m. (PT) in booth #1839. Customers provide a payment method to enter, and while inside they can grab any item, which is added to their virtual cart in real time. Customers verify their cart before leaving, and the transaction is completed and payment method charged upon exit. In Cantaloupe's booth, guests will experience a complete lineup of smart solutions, including theSmart Store 700 Duo, Smart Store 600 Duo, the Cooler Cafe, its modern micro market offerings including the Go Micro, Go Plus100 and Go Max kiosks,card readers for the U.S., Mexico, U.K. and Europe, and Seed software products and other Cantaloupe services that will be available for viewing and hands-on demonstrations. Throughout the show in the North Lobby, NAMA attendees can visit the Social Hub located across from the registration desk, hosted by Cantaloupe and the recently launched Vine Digital Studio, a full-service marketing platform dedicated to self-service and convenience businesses. The Social Hub experience will include a unique photo opportunity and a chance to learn more about Vine's strategic digital marketing solutions designed for operator growth. Cantaloupe will also be displaying its self-service payment solutions throughout the show floor in several partner booths.HABCO will feature a Cooler Cafe unit with Cantaloupe's P30 card reader and Smart Lock connect technology; AVS will highlight the Go Micro kiosk and a lineup of Cantaloupe card readers; IDW will showcase the Go MiniX and a Cooler Cafe unit; ID TECH will display the Go Plus100 kiosk and Imbera will show the Go MiniX kiosk equipped with the P30 card reader. Lastly, Cantaloupe will provide demonstrations of its latest product releases within the Seed software suite, including powerful new tools that bring AI into operators' everyday platform experience. Attendees can also see the efficiency of Cantaloupe's Remote Price change tool at an in-booth activation station. Remote Price Change allows operators to change prices for their entire vending machine fleet in minutes without visiting a single location -- saving significant time and effort while maximizing revenue. Announcement • Apr 18
Cantaloupe, Inc. to Report Q3, 2025 Results on May 08, 2025 Cantaloupe, Inc. announced that they will report Q3, 2025 results at 4:05 PM, US Eastern Standard Time on May 08, 2025 Announcement • Apr 15
Cantaloupe, Inc. Launches Go Micro Cantaloupe, Inc. launched the Go Micro, its newest self-service micro market kiosk. The Go Micro offers all the essential features to successfully run a micro market. Designed with affordability, versatility and seamless management in mind, the Go Micro makes it easier than ever for operators to start or scale their micro market business. The Go Micro's compact footprint, integrated barcode scanner and five-inch touchscreen provide a seamless checkout experience for consumers. Its form factor allows it to fit into a wide variety of spaces and configurations, including the future ability to mount onto Cantaloupe's Cooler Cafe units. It is fully integrated with Cantaloupe Go and Seed Markets, enabling operators to manage all their markets -- regardless of size -- on one powerful platform. This makes it easier to streamline operations, track inventory and optimize performance across all locations. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$7.78, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 14x in the Diversified Financial industry in the US. Total returns to shareholders of 12% over the past three years. Board Change • Mar 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. CEO, President & Director Ravi Venkatesan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Feb 26
Price target increased by 8.7% to US$12.50 Up from US$11.50, the current price target is an average from 5 analysts. New target price is 20% above last closing price of US$10.42. Stock is up 63% over the past year. The company is forecast to post earnings per share of US$0.32 for next year compared to US$0.16 last year. Announcement • Feb 26
Cantaloupe Reportedly Explores Options Including Sale Cantaloupe, Inc. (NasdaqGS:CTLP) is exploring strategic options, including a potential sale or a go-private transaction, four people familiar with the matter said, the latest specialized U.S. payments processor to consider such a move. Malvern, Pennsylvania-based Cantaloupe provides digital payments technology and software to companies providing self-service offerings, such as vending machines, car washes and arcades. Its products are used in North America, Europe and Australia, according to its website. The company is working with investment bankers at JPMorgan Chase on the strategic plans, according to the sources, who spoke on condition of anonymity to discuss confidential deliberations. They warned that a sale was not guaranteed. Shares in Cantaloupe traded almost 10% higher on news of the sale effort, before giving up their gains. Cantaloupe and JP Morgan did not immediately respond to requests for comment. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to US$11.07, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 14x in the Diversified Financial industry in the US. Total returns to shareholders of 47% over the past three years. Reported Earnings • Feb 07
Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2025 results: EPS: US$0.068 (up from US$0.043 in 2Q 2024). Revenue: US$73.7m (up 13% from 2Q 2024). Net income: US$4.97m (up 59% from 2Q 2024). Profit margin: 6.7% (up from 4.8% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 24%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Feb 07
Cantaloupe, Inc. Reiterates Earnings Guidance for the Year 2025 Cantaloupe, Inc. reiterated earnings guidance for the year 2025. For the full fiscal year 2025, the Company reiterates total revenue to be between $308 million and $322 million. Total US GAAP net income applicable to common shares to be between $22 million and $32 million. Announcement • Jan 22
Cantaloupe, Inc. to Report Q2, 2025 Results on Feb 06, 2025 Cantaloupe, Inc. announced that they will report Q2, 2025 results at 4:05 PM, US Eastern Standard Time on Feb 06, 2025 Announcement • Jan 21
Cantaloupe, Inc. Introduces Engage Pulse for the Arcade and Amusement Industry Cantaloupe, Inc. announced the launch of its new Engage Pulse card reader. This innovative payment solution is designed to maximize revenue potential through a ladder pricing interface that allows players to pay once and then enjoy multiple plays. This feature enables the Engage Pulse to deliver a seamless consumer payment experience while increasing revenue for arcade and amusement operators. This launch comes as the amusement industry experiences significant growth in cashless payments. According to the Cantaloupe 2024 Micropayment Trends Report, consumers spent more than $100 million at amusement machines alone in 2023, with 63% of total sales volume coming from cashless transactions. The average cashless purchase value reached $6.13, compared to only $0.81 for cash purchases, demonstrating strong consumer adoption of digital payment methods and an opportunity for even more industry growth with cashless payment systems. Early adopters of the Engage Pulse are already seeing remarkable results. “We installed crane games with the Engage Pulse units at one of the company's trampoline park locations, and in November and December, sales were up 85% year over year. In the company's mall locations, we’re seeing up to 53% year-over-year sales increases,” said Tim Zahn, vice president of operations at Lieberman Companies, a large amusement and arcade operator in the Minneapolis/St. Paul metro area. “With the Pulse, we’re seeing customers spending $2–3 more than the default $1 price on these games. It makes payment quick and easy.” Lieberman Companies’ success has demonstrated the immediate impact of Cantaloupe’s technology on operator revenue. The Engage Pulse represents a significant advancement in arcade and amusement payment technology, offering operators a comprehensive solution to modernize their businesses. Key features include: Innovative Ladder Pricing Interface: Enabling customers to select multiple plays or extended time periods in a single transaction. A 3.5-inch Color Touchscreen: Providing an intuitive, user-friendly interface for customer interaction. Cashless Payment Acceptance: Expanding customer base and increasing transaction volume. Seamless Integration: Cantaloupe Engage Pulse works with existing arcade and amusement machines, and device transaction data is transmitted into Cantaloupe’s Seed Live platform. Announcement • Dec 11
Cantaloupe, Inc. Launches Innovative Smart Stores Cantaloupe, Inc. launched its new Smart Store Series, including the Cantaloupe Smart Store 600 and 700 models. These advanced self-service retail solutions are designed to revolutionize the way food and beverage vendors, as well as broader retailers, address key challenges including labor shortages, theft and shrinkage, while maintaining a seamless and inclusive consumer experience. Cantaloupe’s Smart Stores offer a 24/7 self-service solution with advanced technology and security, designed for retailers, residential buildings, fitness centers, hotel pantries and more. The customer presents payment at the point-of-sale (POS) to unlock the unit, grab the item(s), which are added to their cart, then completes the purchase by pressing Pay and walking away. Available in the United States and Canada, and soon to be available in the UK and Mexico, the Cantaloupe Smart Store Series includes key features designed to enhance the consumer experience such as: Secure & Reliable Technology: The Smart Store uses weighted-shelves and cameras to monitor inventory and minimize shrinkage. Enhanced Customer Experience with Audio Assistance & Accessibility: The Smart Store offers touchscreens, audio help, and visual cues to ensure an accessible and seamless shopping experience. Turnkey Setup & Installation: Planograms and product restocking are easily updated through the POS or back-end portal with minimal effort. Flexibility to Scale Store Size & Product Mix: Operators can scale from one to four units and stock a variety of products, from clothing to sporting goods. Cantaloupe Platform Integrations: Smart Stores integrate with Cantaloupe’s platform for streamlined inventory management and reporting. Reported Earnings • Nov 08
First quarter 2025 earnings: Revenues and EPS in line with analyst expectations First quarter 2025 results: EPS: US$0.045 (up from US$0.024 in 1Q 2024). Revenue: US$70.8m (up 13% from 1Q 2024). Net income: US$3.28m (up 91% from 1Q 2024). Profit margin: 4.6% (up from 2.7% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Nov 08
Cantaloupe, Inc. Reiterates Earnings Guidance for the Full Fiscal Year 2025 Cantaloupe, Inc. reiterated earnings guidance for the full fiscal year 2025. For the year, the Company expects total Revenue to be between $308 million and $322 million. Announcement • Oct 18
Cantaloupe, Inc. to Report Q1, 2025 Results on Nov 07, 2024 Cantaloupe, Inc. announced that they will report Q1, 2025 results at 4:05 PM, US Eastern Standard Time on Nov 07, 2024 Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$9.21, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 11x in the Diversified Financial industry in the US. Total loss to shareholders of 13% over the past three years. Announcement • Oct 07
Cantaloupe, Inc., Annual General Meeting, Nov 20, 2024 Cantaloupe, Inc., Annual General Meeting, Nov 20, 2024. Recent Insider Transactions • Oct 02
Independent Chairman recently bought US$2.1m worth of stock On the 30th of September, Douglas Bergeron bought around 284k shares on-market at roughly US$7.40 per share. This transaction increased Douglas' direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Douglas' only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$7.30, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Diversified Financial industry in the US. Total loss to shareholders of 30% over the past three years. Major Estimate Revision • Sep 17
Consensus EPS estimates increase by 12% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$0.268 to US$0.30. Revenue forecast steady at US$312.7m. Net income forecast to grow 94% next year vs 17% growth forecast for Diversified Financial industry in the US. Consensus price target down from US$10.70 to US$10.30. Share price was steady at US$6.39 over the past week. Reported Earnings • Sep 11
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: US$0.16 (up from US$0 in FY 2023). Revenue: US$268.6m (up 10% from FY 2023). Net income: US$11.4m (up US$11.4m from FY 2023). Profit margin: 4.2% (up from 0% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Sep 11
Cantaloupe, Inc. Updates Earnings Guidance for the Full Fiscal Year 2025 Cantaloupe, Inc. provided earnings guidance for the full fiscal year 2025. For the year, the Company updates Total Revenue to be between $308 million and $322 million. Announcement • Sep 09
Cantaloupe, Inc. (NasdaqGS:CTLP) acquired Sb Software Limited. Cantaloupe, Inc. (NasdaqGS:CTLP) acquired Sb Software Limited on September 9, 2024.
Cantaloupe, Inc. (NasdaqGS:CTLP) completed the acquisition of Sb Software Limited on September 9, 2024. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$6.84, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 11x in the Diversified Financial industry in the US. Total loss to shareholders of 43% over the past three years. Announcement • May 16
Cantaloupe, Inc. to Showcase Self-Service and Mobile-First Solutions at the National Restaurant Association Show Cantaloupe, Inc. announced its debut participation at the National Restaurant Association Show, taking place May 18 to 21, 2024, at McCormick Place in Chicago. Cantaloupe will be showcasing its innovative solutions focused on self-service and mobile-first applications for stadiums, entertainment venues, festivals and hotels. Cantaloupe’s booth at the National Restaurant Association Show will be highlighting: CHEQ POS Kiosks: available in attended or self-checkout mode, making ordering seamless across multiple revenue centers and empowering fans to self-service for reduced wait times. CHEQ Handheld: providing in-stadium vendors or those with on-the-go payment needs at festivals and events, the ability to accept payments anywhere, perfect for selling merchandise, food and beverages. CHEQ Mobile App: enables fans or event-goers the ability to order food and beverages from anywhere in the venue, with flexible pick-up or in-seat delivery options. Cantaloupe Smart Café: a fully locked cooler that enablestrue grab and go self-service with AI powered smart camera technology to charge the consumers card for the exact items they take out of the smart fridge. Cantaloupe Micro Markets for Hotel Pantries:a one-stop shop for cabinetry, coolers and self-checkout kiosks with the Cantaloupe Go MiniX cashless acceptance kiosk, that simply leverages existing pantry space and converts it into a self-service mini-market in hotel lobbies, creating less burden on employees to manage checking in guests and ringing up pantry products and instead, creates a fully grab-and-go experience. Announcement • May 11
Cantaloupe, Inc. Provides Earnings Guidance for the Fiscal Year 2024 Cantaloupe, Inc. provided earnings guidance for the fiscal year 2024. For the full fiscal year 2024, the company expects total revenue to be between $270 million and $275 million. Total US GAAP net income is expected to be between $12 million and $15 million. Reported Earnings • May 10
Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2024 results: EPS: US$0.06 (down from US$0.092 in 3Q 2023). Revenue: US$67.9m (up 13% from 3Q 2023). Net income: US$4.37m (down 34% from 3Q 2023). Profit margin: 6.4% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) exceeded analyst estimates by 43%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Apr 30
Cantaloupe, Inc. to Showcase CHEQ and New Innovative Micro Market and Smart Cooler Technology At the Nama 2024 Show Cantaloupe, Inc. announced its participation in The National Automatic Merchandising Association (NAMA) Show, taking place from May 7-9, in Dallas. Cantaloupe will be showcasing its cutting-edge solutions, including the highly anticipated CHEQ point-of-sale (POS) platform, which features a mobile-first approach to accepting payments. Additionally, in Cantaloupe’s booth and elsewhere throughout the show with key strategic partners, attendees can explore the latest in micro market innovations, including new modern kiosk designs, and smart coolers leveraging both AI and age verification technology. Cantaloupe will also be displaying its broad range of payment solutions and products tailored for international markets showcased in four other partner booths. For the European market, Cantaloupe will highlight its cutting-edge payment devices, including the P66, P100 and P100 Pro card readers. Additionally, Cantaloupe's Latin America partnership with Imbera will be featured, giving attendees a firsthand experience of Cantaloupe’s solutions specifically designed for the Mexico market. Imbera's booth will feature Cantaloupe’s Go MiniX kiosk, equipped with the P30 payment device, demonstrating its seamless integration for implementing micro markets in Mexico. Attendees can also witness the Cantaloupe Cooler Café in action, featuring age verification on the P30 device, further showcasing Cantaloupe’s commitment to meeting the unique needs of the Mexico market. In Cantaloupe’s booth, guests will experience a full line-up of smart cooler technology, including the Cooler Cafe, with Cool Blu and IDW coolers, and the Smart Café. This area will highlight various use cases of self-service solutions designed for semi-public to high-traffic public locations. The Smart Café, is equipped with AI dynamic camera vision technology, further enhancing security and the ultimate convenience for consumers. Lastly, Cantaloupe will provide demonstrations of its latest product releases within the Seed software suite. Show attendees can learn about Seed Analytics and Seed Intelligence, powerful tools that enrich data visualization and analysis for operators. Attendees can also witness the efficiency of Cantaloupe's Seed Pick Easy at an in-booth activation station. This innovative warehouse picking solution simplifies the picking process, optimizing efficiency and accuracy for operators of all sizes. Announcement • Apr 24
Cantaloupe, Inc. to Report Q3, 2024 Results on May 09, 2024 Cantaloupe, Inc. announced that they will report Q3, 2024 results at 4:05 PM, US Eastern Standard Time on May 09, 2024 Major Estimate Revision • Feb 15
Consensus EPS estimates increase by 21% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from US$0.133 to US$0.16. Revenue forecast steady at US$275.5m. Net income forecast to grow 14% next year vs 32% growth forecast for Diversified Financial industry in the US. Consensus price target of US$10.88 unchanged from last update. Share price fell 4.0% to US$6.49 over the past week. Reported Earnings • Feb 10
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2024 results: EPS: US$0.043 (up from US$0.008 loss in 2Q 2023). Revenue: US$65.4m (up 6.6% from 2Q 2023). Net income: US$3.12m (up US$3.70m from 2Q 2023). Profit margin: 4.8% (up from net loss in 2Q 2023). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 100%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Feb 09
Cantaloupe, Inc. Reiterates Earnings Guidance for the Fiscal Year 2024 Cantaloupe, Inc. reiterated earnings guidance for the fiscal year 2024. For the full fiscal year 2024, the company reiterates the following: total revenue to be between $275 million and $285 million and total net income to be between $9 million and $15 million. Announcement • Feb 02
Cantaloupe, Inc. (NasdaqGS:CTLP) acquired Cheq Lifestyle Technology, Inc. Cantaloupe, Inc. (NasdaqGS:CTLP) acquired Cheq Lifestyle Technology, Inc. on February 1, 2024.Cantaloupe, Inc. (NasdaqGS:CTLP) completed the acquisition of Cheq Lifestyle Technology, Inc. on February 1, 2024. Announcement • Jan 18
Cantaloupe, Inc. to Report Q2, 2024 Results on Feb 08, 2024 Cantaloupe, Inc. announced that they will report Q2, 2024 results at 4:05 PM, US Eastern Standard Time on Feb 08, 2024 Price Target Changed • Dec 17
Price target increased by 10% to US$10.88 Up from US$9.88, the current price target is an average from 4 analysts. New target price is 51% above last closing price of US$7.20. Stock is up 77% over the past year. The company is forecast to post earnings per share of US$0.12 for next year compared to US$0.00014 last year. 