CTLP 8-K: Cantaloupe reports Q4 FY2023 revenue $64.2M, Adj. EBITDA $9.2M; FY2024 rev guidance $275-285M

Cantaloupe reports Q4 FY2023 revenue $64.2M, Adj. EBITDA $9.2M; FY2024 rev guidance $275-285M

CANTALOUPE, INC.

Q4 revenue $64.2M (+11% YoY), net income $2.8M ($0.04 EPS) vs $(2.1M) loss prior year.

FY2023 revenue $243.6M (+19% YoY), adjusted EBITDA $17.8M (+80% YoY).

Active customers 28,584 (+19% YoY); active devices 1.17M (+3% YoY).

FY2024 guidance: revenue $275-285M, Adj. EBITDA $28-34M, net income $9-15M.

Gross margins improved to 40.1% (Q4) and 33.3% (FY) from 29.5% and 31.3%.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CANTALOUPE, INC. reported fourth quarter and fiscal year ended June 30, 2023 results: revenue Fourth Quarter 2023 Revenue of $64.2 million; Fiscal Year 2023 Revenue of $243.6 million, net income Fiscal Year 2023 U.S. GAAP Net Income of $0.01 million; U.S. GAAP Net income applicable to common shares of $2.8 million, EPS U.S. GAAP Net income of $0.04 per share for Q4 2023; $0.00 per share for fiscal year 2023. Guidance initiated.

Period: fourth quarter and fiscal year ended June 30, 2023
Revenue: Fourth Quarter 2023 Revenue of $64.2 million; Fiscal Year 2023 Revenue of $243.6 million
Net income: Fiscal Year 2023 U.S. GAAP Net Income of $0.01 million; U.S. GAAP Net income applicable to common shares of $2.8 million
EPS: U.S. GAAP Net income of $0.04 per share for Q4 2023; $0.00 per share for fiscal year 2023
Guidance: initiated
Result: reported results

Exact text from the filing

Cantaloupe, Inc. Reports Fourth Quarter and Fiscal Year 2023 Financial Results Fourth Quarter 2023 Revenue of $64.2 million, an 11% Year over Year Increase Fiscal Year 2023 Revenue of $243.6 million, a 19% Year over Year Increase Fiscal Year 2023 U.S. GAAP Net Income of $0.01 million Fiscal Year 2023 Adjusted EBITDA of $17.8 million, an 80% Year over Year Increase

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