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.
Revenue increased by 20% year-over-year to $61.3 million.
Transaction fees increased by 21% year-over-year to $32.4 million.
Subscription fees increased by 15% year-over-year to $16.5 million.
Completed the acquisition of Three Square Market, Inc.
Cantaloupe reiterates its fiscal year 2023 revenue to be between $240 million and $250 million; U.S. GAAP Net income to be between $(2) million and $3 million; Adjusted EBITDA to be between $12 million and $17 million; Total Operating Cash Flow to be between $10 million and $15 million.
Visualization of income flow from segment revenue to net income