Trade Cantaloupe Inc - CTLP CFD

Cantaloupe, Inc. Company profile

About Cantaloupe Inc

Cantaloupe, Inc, formerly USA Technologies, Inc., is a provider of cloud and mobile solutions for vending, micro markets, and office coffee service. The Company’s Seed Cloud provides cloud and mobile solutions for dynamic route scheduling, automated pre-kitting, responsive merchandising, inventory management, warehouse and accounting management, as well as cashless vending. It offers a value proposition for customers by providing both revenue generating services as well as bottom line business services to help operators of unattended retail machines run their businesses. It enables to sell anything, anywhere, with its all-in-one unattended retail platform. It provides its platform for industries such as vending, amusement and arcade, vehicle services, laundry, micro markets, kiosk, and entertainment. The Company’s solutions include payment and processing, consumer engagement, route optimization, warehouse management, micro market integration, office coffee service and pantry services.

Financial summary

BRIEF: For the six months ended 31 December 2021, Cantaloupe Inc revenues increased 29% to $96.9M. Net loss applicable to common stockholders decreased 79% to $2.1M. Revenues reflect Equipment Sales increase of 70% to $15.1M. Lower net loss reflects Interest expense(1) decrease of 75% to $953K (expense), Interest Income increase of 36% to $918K (income). Basic Earnings per Share excluding Extraordinary Items increased from -$0.15 to -$0.03.

Equity composition

Common Stock no Par, 1/11, 640M auth., 26,010,781 issd. Insiders & stakeholders own 15.44%. IPO: N/A. 09/10, Pref Stock no Par, 1.8M auth., Series A 444,468 issd. 6/99, 1-for-10 reverse stock split. *5/95, Company changed named from USA Entertainment Center, Inc.07/09, Rights Issue, 1 Rights for every one share held(Adjustment factor:1.06589).