Cantaloupe Earnings Reports

Cantaloupe, Inc. announced robust financial results for the third quarter of fiscal year 2025, with total revenue increasing by 11.1% year-over-year to $75.4 million. Net income applicable to common shares surged to $48.9 million, primarily due to a one-time release of a valuation allowance on deferred tax assets. Adjusted EBITDA also saw a substantial increase of 36.6% to $13.9 million, reflecting improved operating leverage and margin expansion.

Cantaloupe, Inc. reported a strong second quarter for fiscal year 2025, with total revenue increasing by 12.8% year-over-year to $73.7 million. This growth was primarily fueled by a 16% year-over-year increase in subscription and transaction revenue. The company also achieved a net income of $5.0 million and an Adjusted EBITDA of $10.7 million.

Cantaloupe, Inc. reported a strong start to the year with a 13.0% increase in revenue to $70.8 million, driven by a 15.7% growth in Subscription and Transaction revenue. The company's net income was $3.3 million, and Adjusted EBITDA reached $9.0 million.

Cantaloupe reported a 13.2% increase in revenue to $72.7 million for the fourth quarter of fiscal year 2024, driven by a 15.4% year-over-year growth in subscription and transaction fees. Net income was $2.2 million, or $0.03 per diluted share. The company is benefiting from the trend toward cashless payments and demand for self-service solutions.

Cantaloupe, Inc. reported a 12.5% year-over-year increase in revenue to $67.9 million for the third quarter of fiscal year 2024. Net income applicable to common shares was $4.4 million, or $0.06 per share. The company's adjusted EBITDA was $10.2 million, and the gross margin was 39.6%.

Cantaloupe, Inc. reported a 7% year-over-year increase in revenue, reaching $65.4 million for the second quarter of fiscal year 2024. The company's net income applicable to common shares was $3.1 million, or $0.04 per share, compared to a net loss in the prior year quarter. Gross margin improved to 37.2% driven by growth in subscription and transaction fees margins.

Cantaloupe, Inc. reported an 8% increase in revenue for the first quarter of fiscal year 2024, reaching $62.7 million. The company also achieved a GAAP net income applicable to common shares of $1.7 million and an adjusted EBITDA of $7.8 million, demonstrating continued expansion of operating leverage and strong profitability.

Cantaloupe, Inc. reported strong Q4 2023 results with an 11% increase in revenue and a significant increase in adjusted EBITDA. The company's growth was driven by continued growth in customer segments, the acquisition of Three Square Market (32M), expansion in micro markets, and adoption of Seed software and subscription products.

Cantaloupe, Inc. reported a 20% year-over-year increase in revenue, reaching $60.4 million for the third quarter of fiscal year 2023. The company's U.S. GAAP net income was $6.7 million, and it achieved a record Adjusted EBITDA of $10.1 million, a 176% increase compared to the same quarter last year. The integration of Three Square Market (32M) is progressing well, contributing to the acceleration of the micro markets business.

Cantaloupe, Inc. reported a 20% year-over-year increase in revenue, reaching $61.3 million for the second quarter of fiscal year 2023. The company also completed the acquisition of Three Square Market, Inc. during the quarter.

Cantaloupe, Inc. reported a 26% year-over-year increase in revenue for the first quarter of fiscal year 2023, reaching $57.8 million. This growth was fueled by record transaction revenue for the sixth consecutive quarter. However, the company experienced a net loss of $8.9 million, or $(0.13) per share, and an adjusted EBITDA of $(5.4) million, primarily due to migration costs and procurement of higher-priced components.

Cantaloupe, Inc. reported record fourth-quarter revenue of $58 million, an 18% increase year-over-year, driven by transaction, subscription, and equipment sales. The company's gross margin was 29.5%, and it experienced a GAAP net loss of $2.1 million, or $(0.03) per share. Adjusted EBITDA was $2.0 million.

Cantaloupe, Inc. reported a strong third quarter with an 18% increase in revenue, primarily driven by a 31% increase in transaction fees. The company's operating income improved to $0.9 million, and net income applicable to common shares improved to $1.8 million, or $0.03 per share.

Cantaloupe, Inc. reported a record quarterly revenue of $51.1 million for the second quarter of 2022, a 33% increase year over year. This growth was fueled by a 24% increase in subscription and transaction fees and a 95% increase in equipment revenue.

Cantaloupe, Inc. reported a 24% year-over-year increase in first-quarter revenue, driven by increases in transaction and equipment revenues. The company reaffirmed its fiscal year 2022 outlook.

Cantaloupe, Inc. reported a record fourth-quarter revenue of $49.0 million, which is a 50.2% increase year-over-year. The company also reported a GAAP net income applicable to common shares of $2.7 million, or $0.04 per share, compared to a net loss of $11.4 million, or $0.18 per share, in the prior year period.

Cantaloupe, Inc. reported a revenue of $42.8 million for Q3 2021, a slight decrease of 0.8% year-over-year, but an 11.7% increase compared to the previous quarter. The company reduced its operating loss to $2.0 million and increased cash and cash equivalents to $88.6 million.

USA Technologies reported a revenue of $38.3 million, a 3.8% increase compared to the first quarter of 2021, and an operating loss of $(2.6) million, a significant improvement compared to the second quarter of 2020. The company is making strides in right sizing the cost structure, reporting a 28% decrease in operating expenses for the quarter when compared to FY Q2 20.

USA Technologies reported a revenue of $36.9 million, a 13% increase compared to the previous quarter. The company's operating loss was $(3.6) million, and net loss applicable to common shares was $(6.9) million, or $(0.11) per basic share. They ended the quarter with $34.7 million in cash and cash equivalents.

USA Technologies reported a revenue of $32.6 million, a 15.2% decrease year-over-year. The company focused on cost control and organizational changes to position itself for future growth amidst the ongoing impact of COVID-19.

USA Technologies reported a 14.3% increase in revenue year-over-year, driven by growth in both license and transaction fees and equipment revenue. The company reported a net loss of $9.6 million, or $0.15 per basic share, and a non-GAAP net loss of $7.0 million, or $0.11 per share.