---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-028646"
form_type: "8-K"
ticker: "CTLP"
cik: "0000896429"
company_name: "CANTALOUPE, INC."
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T06:20:41.747095+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cantaloupe Q1 FY2023 rev $57.8M (+26%) but net loss widens to $8.9M; adj EBITDA -$5.4M

## Summary
- Revenue $57.8M (+26% YoY); transaction fees $31.3M (+18%), subscriptions $15.8M (+11%), equipment $10.7M (+108%).
- GAAP net loss $8.9M vs $1.6M loss a year ago; diluted EPS -$0.13 vs -$0.02.
- Adjusted EBITDA -$5.4M vs +$1.9M; gross margin 24.5% vs 32.5% due to cloud migration and component costs.
- Active customers 25,019 (+21% YoY); active devices 1.15M (+3% YoY).
- FY2023 guidance reiterated: rev $225-235M, GAAP net income $1-5M, adj EBITDA $12-17M.

## SEC filing metadata
- accession: 0001628280-22-028646
- form_type: 8-K
- ticker: CTLP
- cik: 0000896429
- company_name: CANTALOUPE, INC.
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/896429/000162828022028646/0001628280-22-028646-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/896429/000162828022028646/usat-20221107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-028646
- JSON: https://secwatch.observer/filing/0001628280-22-028646.json
- Plain text: https://secwatch.observer/filing/0001628280-22-028646.txt

## Key facts
- Earnings Releases
  CANTALOUPE, INC. reported first quarter ended September 30, 2022 results: revenue $57.8 million, net income Net loss applicable to common shares of $8.9 million, or $(0.13) per share, EPS $(0.13) per share. Guidance reaffirmed.
  - Period: first quarter ended September 30, 2022
  - Revenue: $57.8 million
  - Net income: Net loss applicable to common shares of $8.9 million, or $(0.13) per share
  - EPS: $(0.13) per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Cantaloupe, Inc. Reports First Quarter Fiscal Year 2023 Results First Quarter Revenue of $57.8 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/896429/000162828022028646/0001628280-22-028646-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.