chiewr The following segment was excerpted from the Third Avenue Small-Cap Value Fund Q2 2025 Letter. During the second quarter, the Fund initiated two new positions in niche technology-related industries. Cantaloupe Inc. is a payment processing business and Visteon Corp ( ...

Financial Performance - Cantaloupe reported quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.10 per share, but showing an increase from $0.06 per share a year ago, representing an earnings surprise of -20% [1] - The company posted revenues of $75.43 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 4.31%, compared to year-ago revenues of $67.9 million [2] - Over the last four quarters, Cantaloupe has surpassed consensus EPS estimates just once and topped consensus revenue estimates only once [2] Stock Performance - Cantaloupe shares have declined approximately 13.6% since the beginning of the year, while the S&P 500 has decreased by -4.3% [3] - The current Zacks Rank for Cantaloupe is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the coming quarter is $0.11 on revenues of $84.48 million, and for the current fiscal year, it is $0.32 on revenues of $307.86 million [7] - The outlook for the Financial Transaction Services industry, where Cantaloupe operates, is currently in the top 36% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8]

Cantaloupe (CTLP) Q3 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Meghna Mehra - MD - IR(Fintech & Crypto)Ravi Venkatesan - CEO & DirectorScott Stewart - Chief Financial OfficerGary Prestopino - Managing Director Conference Call Participants Josh Nichols - Senior Research AnalystCristopher Kennedy - Research Analyst, Financial Services and TechnologyAditya Dagaonkar - Analyst Operator Please be advised that today's conference is being recorded. I would now like to hand the conference ove ...

Cantaloupe (CTLP) Q3 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Please be advised that today's conference is being recorded. I would now like to hand the conference over to Meghna Mera, Investor Relations. Please go ahead. Speaker1 Thank you. Good afternoon, everyone. Welcome to the Cantaloupe third quarter earnings conference call. With me on the call today is Ravi Venkatesan, Chief Executive Officer and Scott Stewart, Chief Financial Officer. Before we begin today's call, we would like to remind ...

☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q For the transition period from _________ to _________ Commission file number 001-33365 Cantaloupe, Inc. _______________________________________________________________ (Exact name of registrant as specified in ...

Cantaloupe Second Quarter 2025 Earnings Supplement Financial Results & Company Highlights February 6th, 2025 Forward Looking Statements Forward-looking Statements: All statements other than statements of historical fact included in this release, including without limitation Cantaloupe's future prospects and performance, the business strategy and the plans and objectives of Cantaloupe's management for future operations, are forward-looking statements within the meaning of the Private Securities Litigation Re ...

Financial Data and Key Metrics Changes - Total revenue increased by 13% year-over-year to $73.7 million, driven by 17% growth in transaction revenue and 14% growth in subscription revenue [8][25] - Adjusted gross margin for the quarter was 41.7%, up from 37.2% in the same quarter last year [9][28] - Adjusted EBITDA for Q2 was $10.7 million, a 26% increase compared to the prior year [9][30] Business Line Data and Key Metrics Changes - Subscription revenue grew to $20.7 million, a year-over-year increase of 14%, while transaction revenue reached $44.4 million, an increase of 17% [26] - Equipment revenue decreased by 7% to $8.6 million compared to Q2 FY2024 [28] - Active customers increased by 10% to over 32,000, and active devices rose by 4% to 1.3 million [27] Market Data and Key Metrics Changes - The company continues to see strong growth in micro markets, which is the fastest-growing segment [27] - The average revenue per unit (ARPU) for Q2 2025 was $202, up 12% from the prior year [27] - The company is expanding its footprint in international markets, particularly in Europe and Latin America [22][45] Company Strategy and Development Direction - The company aims to be a global leader in self-service commerce, focusing on expanding operational support internationally and refining its go-to-market strategy [23][34] - New product launches include the Smart Store series, which addresses challenges like labor shortages and theft [17][85] - The company launched micro-lending services under Cantaloupe Capital to help customers expand their businesses [21][54] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trajectory, citing strong demand for cashless payment solutions and the successful deployment of new products [23][81] - The company reaffirmed its fiscal year 2025 guidance, expecting total revenues between $308 million and $322 million, representing growth of 15% to 20% [34][35] - Management noted that the increase in cash flow from operating activities is anticipated to continue throughout the year [31] Other Important Information - The company recently refinanced and upsized its credit facility to a total of $100 million, providing flexibility for future capital uses [32] - The Cantaloupe Advantage program, in partnership with Mastercard, aims to engage consumers through digital advertising at point-of-sale devices [21][88] Q&A Session Summary Question: Can you talk about the average revenue per unit and its evolution? - Management noted that the average ticket size has increased significantly due to transaction processing growth and strategic deployment of solutions [39][40] Question: Any update on your international strategy? - Management confirmed ongoing international expansion efforts, particularly in micro markets, with a current mix of under 5% international revenue [45] Question: How does the microlending program work? - The company clarified that it does not hold any loans but partners with a financial institution to facilitate the lending process for customers [49][50] Question: What are the key growth drivers for your product lines? - Growth is driven by micro markets, smart stores, and a shift in product mix to higher-value locations [58][60] Question: Are the improved margins sustainable? - Management expressed confidence that the current margin levels are sustainable due to cost management and increased average ticket prices [66] Question: What is the economic benefit of the Cantaloupe advertising program? - The company utilizes a marketplace-based model and custom pricing for advertising, sharing revenue streams with customers [87][89]

Core Insights - Cantaloupe (CTLP) reported revenue of $73.72 million for the quarter ended December 2024, marking a year-over-year increase of 12.8% and an EPS of $0.07 compared to $0.04 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of $75.17 million, resulting in a surprise of -1.93%, while the EPS exceeded expectations with a surprise of +16.67% [1] Financial Performance Metrics - Gross Margin for Equipment sales was reported at 9.1%, lower than the estimated 10.9% [4] - Subscription and transaction fees generated revenues of $65.09 million, slightly below the estimated $65.69 million, but reflecting a year-over-year increase of 16.2% [4] - Equipment sales revenues were $8.64 million, which is below the estimated $9.63 million, representing a year-over-year decline of 7.4% [4] - Transaction fees within subscription and transaction fees amounted to $44.39 million, compared to the estimated $44.98 million, showing a year-over-year increase of 17.2% [4] - Subscription fees were reported at $20.69 million, slightly below the average estimate of $20.85 million, with a year-over-year increase of 14.1% [4] Stock Performance - Cantaloupe's shares have returned -0.9% over the past month, contrasting with the Zacks S&P 500 composite's increase of +2.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Core Viewpoint - Cantaloupe (CTLP) reported quarterly earnings of $0.07 per share, exceeding the Zacks Consensus Estimate of $0.06 per share, and showing an increase from $0.04 per share a year ago, indicating a 16.67% earnings surprise [1][2] Financial Performance - The company posted revenues of $73.72 million for the quarter ended December 2024, which was 1.93% below the Zacks Consensus Estimate, compared to $65.36 million in the same quarter last year [2] - Over the last four quarters, Cantaloupe has surpassed consensus EPS estimates two times and topped consensus revenue estimates only once [2] Stock Performance - Cantaloupe shares have declined approximately 9.2% since the beginning of the year, while the S&P 500 has gained 3.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.10 on revenues of $79.59 million, and for the current fiscal year, it is $0.32 on revenues of $311.07 million [7] - The trend of estimate revisions for Cantaloupe is mixed, which could change following the recent earnings report [6] Industry Context - The Financial Transaction Services industry, to which Cantaloupe belongs, is currently ranked in the bottom 47% of over 250 Zacks industries, suggesting potential challenges ahead [8]

Cantaloupe (CTLP) Q2 2025 Earnings Call February 06, 2025 05:00 PM ET Company Participants Magna Mera - Investor RelationsRavi Venkatesan - CEO, President & DirectorScott Stewart - Chief Financial Officer Conference Call Participants Cristopher Kennedy - Research Analyst - Financial Services & TechnologyGary Prestopino - Vice President & Senior Research AnalystMike Latimore - Managing Director & Senior Research AnalystGeorge Sutton - Senior Research AnalystJosh Nichols - Research Analyst Operator Hello. Tha ...