NASDAQ$CTLP

Cantaloupe Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

USA Technologies reported first quarter fiscal year 2021 results with sequential revenue growth.

USA Technologies reported a revenue of $36.9 million, a 13% increase compared to the previous quarter. The company's operating loss was $(3.6) million, and net loss applicable to common shares was $(6.9) million, or $(0.11) per basic share. They ended the quarter with $34.7 million in cash and cash equivalents.

  • Revenue increased by 13.0% sequentially, but decreased by 15.0% year over year.
  • License and transaction fee revenue was $33.1 million, a 4.3% decrease year-over-year, but an 18.9% increase versus the previous quarter.
  • Net new connections totaled approximately 15,000, bringing total connections to approximately 1,335,000.
  • The company generated $5.2 million in operating cash flow.

Headline financials

Total Revenue

$36.9M

Previous: $42.1M-12.5%
EPS (adj)

-$0.11

Previous: -$0.13+15.4%
Adjusted EBITDA

-$492K

Previous: -$4.86M+89.9%
Capital Expenditures

-$483K

Previous: -$420K-15.0%
Free Cash Flow

-$7.1M

Previous: -$13.3M+46.7%
Net Income

-$6.61M

Previous: -$12.9M+48.7%
Operating Income

-$3.61M

Previous: -$12.8M+71.9%
Gross Profit

$14.2M

Previous: $10.1M+41.7%
Cash & Equivalents

$34.7M

Previous: $25.5M+35.8%
Total Assets

$181M

Previous: $179M+1.2%

Revenue & EPS history

Cantaloupe · Revenue · Quarterly

$36.9M

Q1 2021-12.5%vs Q1 2020
Beat estimate in 7 of 10 quarters(70%)
ActualEstimate

Revenue by segment

Cantaloupe · $3.77M total across 1 segment · Q1 2021

  • Equipment sales
    $3.77M-56.9%

Forward guidance

For the full fiscal year 2021, USA Technologies expects revenue to be between $170 million and $180 million, net loss applicable to common shares to be between $(14.1) million and $(11.1) million, and adjusted EBITDA to be between $2 million and $5 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-0.3%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+2.9%

Avg return

30 days after

42%

27 / 65 earnings

Positive

+27.0%

Q3 2020

Best reaction

-17.0%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+0.0%
Q2 2026-1.8%-2.8%-1.5%
Q1 2026+0.0%+0.2%+0.3%
Q4 2025-0.1%-0.3%-2.0%
Q3 2025-6.7%-3.1%+7.5%
Q2 2025+13.5%+23.9%+5.7%
Q1 2025-5.4%-2.0%-3.5%
Q4 2024-2.3%-1.1%+38.8%
Q3 2024+15.2%+10.9%+17.1%
Q2 2024-7.1%-8.1%-5.3%
Q1 2024-5.9%-0.7%+5.3%
Q4 2023-7.4%-10.1%-8.2%
Q3 2023+21.7%+21.3%+20.8%
Q2 2023+10.2%-0.8%+12.7%
Q1 2023-4.7%-4.2%+17.8%
Q4 2022-10.6%-19.7%-42.4%
Q3 2022-4.2%-10.5%-5.5%
Q2 2022+0.1%+0.9%-11.2%
Q1 2022-0.9%-10.4%-25.7%
Q4 2021+6.1%+6.9%+5.7%
Q3 2021+9.8%+5.8%+23.4%
Q2 2021-0.1%+1.2%-4.1%
Q1 2021-1.9%+0.0%+11.1%
Q4 2020-2.6%+1.0%-2.5%
Q3 2020+27.0%+12.2%+15.4%
Q2 2020+4.2%+3.0%-48.8%
Q1 2020+1.9%-2.6%-4.6%
Q2 2019-17.0%-2.4%-3.4%
Q3 2019-17.0%-2.4%-3.4%
Q4 2018-17.0%-2.4%-3.4%
Q4 2019-17.0%-2.4%-3.4%
Q1 2019-17.0%-2.4%-3.4%
Q3 2018+21.1%+25.8%+38.7%
Q2 2018+9.2%+4.9%+14.1%
Q1 2018+3.0%+14.4%+29.5%
Q4 2017+3.9%+2.9%+5.8%
Q3 2017-1.0%-6.1%+12.2%
Q2 2017+14.6%+14.6%-2.4%
Q1 2017-1.2%-15.1%+5.8%
Q4 2016+2.8%+12.4%+10.9%
Q3 2016-10.4%
Q2 2016+19.9%
Q1 2016+7.1%
Q4 2015-6.5%
Q3 2015+14.0%
Q2 2015+8.7%
Q1 2015-3.8%
Q4 2014-6.0%
Q3 2014-4.0%
Q2 2014+1.0%
Q1 2014-2.8%
Q4 2013-15.3%
Q3 2013-10.4%
Q2 2013-3.5%
Q1 2013-6.8%
Q4 2012+10.7%
Q3 2012-8.8%
Q2 2012-6.4%
Q4 2011+1.5%
Q1 2012+1.5%
Q3 2011-11.4%
Q2 2011+1.8%
Q1 2011+2.7%
Q4 2010-10.0%
Q3 2010+4.5%

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