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Jun 30, 2024
Cantaloupe Q4 2024 Earnings Report
Cantaloupe reported a solid fourth quarter, driven by recurring revenue growth and cost optimization.
Key Takeaways
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.
Revenue increased by 13.2% to $72.7 million compared to the fourth quarter of fiscal year 2023.
Transaction fees increased by 16.0% to $41.2 million.
Subscription fees increased by 14.1% to $19.9 million.
Net income applicable to common shares was $2.2 million, or $0.03 diluted earnings per share, compared to $2.8 million, or $0.04 diluted earnings per share, in the prior year quarter.
Revenue by Segment
Forward Guidance
For the full fiscal year 2025, Cantaloupe expects total revenue to be between $308 million and $322 million, subscription and transaction revenue growth to be in the range of 15% - 20%, total US GAAP net income applicable to common shares to be between $22 million and $32 million, Adjusted EBITDA to be between $44 million and $52 million, and total Operating Cash Flow to be between $24 million and $32 million.
Positive Outlook
- Total Revenue to be between $308 million and $322 million.
- Subscription and Transaction revenue growth to be in the range of 15% - 20%.
- Total US GAAP net income applicable to common shares to be between $22 million and $32 million.
- Adjusted EBITDA to be between $44 million and $52 million.
- Total Operating Cash Flow to be between $24 million and $32 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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