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Jun 30, 2022
Cantaloupe Q4 2022 Earnings Report
Reported record revenue for the fourth quarter and fiscal year 2022, with a fifth successive quarter of double-digit year-over-year revenue growth.
Key Takeaways
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 reported record revenue of $58.0 million, an 18% increase year over year.
Transaction fees increased by 23% year over year, reaching $30.0 million.
Total Dollar Volumes of Transactions in the fourth quarter were $616.1 million, an increase of 20% year over year
Active Customers totaled 23,991, an increase of 21%.
Revenue by Segment
Forward Guidance
For the full fiscal year 2023, the company expects revenue between $225 million and $235 million, GAAP net income between $1 million and $5 million, adjusted EBITDA between $12 million and $17 million, and total operating cash flow between $10 million and $15 million.
Positive Outlook
- Revenue to be between $225 million and $235 million
- U.S. GAAP Net income to be between $1 million and $5 million
- Adjusted EBITDA to be between $12 million and $17 million
- Total Operating Cash Flow to be between $10 million and $15 million
Historical Earnings Impact
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Avg. Return Before/After Earnings
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