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.
Delivered record revenue in the fourth quarter of $49.0 million, an increase of 50.2% year over year.
License and transaction fee revenue increased by 37.3% year-over-year, reaching $38.2 million.
Equipment revenue saw a significant increase of 124.5% year over year, totaling $10.8 million.
Active Devices increased by 1.4% to 1.09 million, and Active Customers increased by approximately 15% to 19,800.
For the full fiscal year 2022, Cantaloupe expects revenue to be between $200 million and $210 million, and GAAP net loss applicable to common shares to be between $(7) million and $(5) million.