Cantaloupe reports record revenue $51.1M (+33% YoY); CFO & COO transitions announced

CANTALOUPE, INC.

2022-Q2 EPS reported -$0.03 revenue$96,871,000

Record quarterly revenue of $51.1M (+33% YoY); subscription & transaction fees up 24% to $41.2M.
Net loss narrowed to $0.5M ($0.01 per share) from $2.9M loss a year ago; Adj. EBITDA $2.4M vs $1.0M.
CFO Wayne Jackson retiring; CAO Scott Stewart promoted to CFO effective Feb 4, 2022.
CTO Ravi Venkatesan promoted to COO; Ian Harris appointed to board replacing Doug Braunstein.
FY2022 guidance reaffirmed: revenue $200-210M, adj. EBITDA $8.5-10.5M.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Douglas L. Braunstein

member of the Board

CTLP · CANTALOUPE, INC.

Effective: 2022-02-02
Filed: February 3, 2022, 6:59 PM ET

On February 2, 2022, Douglas L. Braunstein notified the Chairman of the Board (the “Board”) of Cantaloupe, Inc. (the “Company”) of his decision to resign, effective immediately, from his position as a member of the Board.

Appointed

Ian Harris

director

CTLP · CANTALOUPE, INC.

Effective: 2022-02-02
Filed: February 3, 2022, 6:59 PM ET

On February 2, 2022, the Board appointed Ian Harris as a director of the Company, effective immediately.

Departed

R. Wayne Jackson

Chief Financial Officer

CTLP · CANTALOUPE, INC.

Effective: 2022-02-04
Filed: February 3, 2022, 6:59 PM ET

On February 2, 2022, R. Wayne Jackson, the Company’s Chief Financial Officer, announced his retirement and resigned from his role at the Company and its subsidiaries, effective February 4, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Douglas L. Braunstein resigned as member of the Board at CANTALOUPE, INC..

Action: resigned
Role: member of the Board

Exact text from the filing

On February 2, 2022, Douglas L. Braunstein notified the Chairman of the Board (the “Board”) of Cantaloupe, Inc. (the “Company”) of his decision to resign, effective immediately, from his position as a member of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ian Harris was appointed as director at CANTALOUPE, INC..

Action: appointed
Role: director

Exact text from the filing

On February 2, 2022, the Board appointed Ian Harris as a director of the Company, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

R. Wayne Jackson resigned as Chief Financial Officer at CANTALOUPE, INC..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On February 2, 2022, R. Wayne Jackson, the Company’s Chief Financial Officer, announced his retirement and resigned from his role at the Company and its subsidiaries, effective February 4, 2022.

View on SEC.gov

CANTALOUPE, INC. filing history →

Source: SEC EDGAR

accession 0001628280-22-001774

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