NASDAQ$CTLP
Cantaloupe Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Reported an 11% year-over-year revenue increase and a fourfold increase in adjusted EBITDA.
Cantaloupe, Inc. reported strong Q4 2023 results with an 11% increase in revenue and a significant increase in adjusted EBITDA. The company's growth was driven by continued growth in customer segments, the acquisition of Three Square Market (32M), expansion in micro markets, and adoption of Seed software and subscription products.
- Revenue increased by 11% year-over-year to $64.2 million.
- Total dollar volumes of transactions increased by 14% year-over-year to $703.5 million.
- U.S. GAAP net income applicable to common shares was $2.8 million, or $0.04 per share, compared to a net loss of $2.1 million, or $(0.03) per share, in the prior year quarter.
- Adjusted EBITDA increased to $9.2 million compared to $2.0 million in the prior year quarter.
Headline financials
Revenue & EPS history
Cantaloupe · Revenue · Quarterly
$64.2M
Revenue by segment
Cantaloupe · $64.2M total across 2 segments · Q4 2023
- Subscription & transaction fees$53M—82.5%
- Equipment sales$11.2M-14.5%17.5%
Forward guidance
For the full fiscal year 2024, Cantaloupe expects total revenue to be between $275 million and $285 million, with transaction and subscription revenue between $234 million and $242 million. They also anticipate total U.S. GAAP net income to be between $9 million and $15 million and adjusted EBITDA to be between $28 million and $34 million. Total operating cash flow is expected to be between $28 million and $38 million.
Tailwinds
- Total Revenue to be between $275 million and $285 million
- The combination of Transaction and Subscription revenue to be between $234 million and $242 million
- Total U.S. GAAP net income to be between $9 million and $15 million
- Adjusted EBITDA to be between $28 million and $34 million
- Total Operating Cash Flow to be between $28 million and $38 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 Q4 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
| Quarter | Report date | Reaction (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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