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Dec 31, 2021
Cantaloupe Q2 2022 Earnings Report
Reported record revenues, driven by subscription and transaction fees and equipment revenue increase.
Key Takeaways
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.
Total Dollar Volumes of Transactions increased 31% year-over-year to $555.3 million.
Subscription and transaction fees increased 24% year-over-year to $41.2 million.
Equipment sales increased 95% year-over-year to $9.9 million.
Active Customers increased 16% year-over-year to 21,315 and Active Devices increased approximately 4% to 1.12 million.
Revenue by Segment
Forward Guidance
The Company remains confident in its previously issued guidance for full fiscal year 2022.
Positive Outlook
- Revenue to be between $200 million and $210 million, representing a 20% to 26% increase year over year
- Adjusted EBITDA to be between $8.5 million and $10.5 million, a 12% to 38% increase year over year
Challenges Ahead
- U.S. GAAP Net loss applicable to common shares to be between $(7) million and $(5) million
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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