NASDAQ$CTLP

Cantaloupe Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Reported record revenue driven by transaction, subscription, and equipment sales and the acquisition of Three Square Market.

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.

Headline financials

Total Revenue

$61.3M

Previous: $51.1M+20.0%
EPS (adj)

$0.03

Previous: -$0.01+400.0%
Adjusted EBITDA

$3.9M

No prior period
Active customers

26.3K

Previous: 21.3K+23.6%
Active devices

1.1M

Previous: 1.1M+2.7%
Capital Expenditures

-$9.44M

Previous: -$4.36M-116.5%
Free Cash Flow

-$10M

Previous: -$4.83M-107.4%
Net Income

-$573K

Previous: -$468K-22.4%
Operating Income

-$914K

Previous: -$320K-185.6%
Gross Profit

$18.4M

Previous: $16M+15.3%
Cash & Equivalents

$28.1M

Previous: $76.3M-63.1%
Total Assets

$275M

Previous: $235M+17.2%

Revenue & EPS history

Cantaloupe · Revenue · Quarterly

$61.3M

Q2 2023+20%vs Q2 2022
Beat estimate in 3 of 14 quarters(21%)
ActualEstimate

Revenue by segment

Cantaloupe · $61.3M total across 2 segments · Q2 2023

  • Subscription & transaction fees
    $48.9M+18.8%
  • Equipment sales
    $12.4M+25.2%

Forward guidance

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.

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 Q2 2023

Historical avgQ2 2023

-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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