secwatch.observer — SEC 8-K summary
======================================

Issuer:     CANTALOUPE, INC. (CTLP)
CIK:        0000896429
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001628280-25-023802
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cantaloupe Q3 FY2025 revenue up 11.1% to $75.4M; net income boosted by $42.2M tax valuation allowance release
--------------------------------------------------------------------------------

- Revenue of $75.4M (+11.1% YoY); subscription + transaction revenue grew 10.1%.
- GAAP net income applicable to common shares $48.9M ($0.65 diluted EPS) vs $4.4M prior year, including $42.2M one-time tax valuation allowance release.
- Adjusted EBITDA $13.9M, up 36.6% from $10.2M; adjusted gross margin improved to 41.6% from 39.6%.
- FY2025 guidance revised: revenue $302-$308M, net income $64-$70M, adjusted EBITDA $46-$50M.
- Active customers up 11.2% to 34,115; active devices up 3.6% to 1.26M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896429/000162828025023802/0001628280-25-023802-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896429/000162828025023802/usat-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-023802

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer