Cantaloupe (CTLP) AI Stock Analysis

• Market Cap: $778.18M
• Dividend Yield: N/A
• Average Volume (3M): 1.26M
• Price to Earnings (P/E): 12.3
• Beta (1Y): 0.73
• Revenue Growth: 12.64%
• EPS Growth: 457.40%
• Country: US
• Employees: 375
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 0.09
• Shares Outstanding: 73,691,760
• 10 Day Avg. Volume: 662,399
• 30 Day Avg. Volume: 1,261,046
• PEG Ratio: 0.03
• Price to Book (P/B): 3.17
• Price to Sales (P/S): 2.66
• P/FCF Ratio: 240.95
• Enterprise Value/Market Cap: 1.04
• Enterprise Value/Revenue: 2.66
• Enterprise Value/Gross Profit: 6.69
• Enterprise Value/Ebitda: 18.84
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 67 Neutral
• Price Target: $11.50 ▲(8.18% Upside)

Cantaloupe's strong financial performance, particularly in revenue growth and profitability, is a key strength. However, the decline in free cash flow and neutral technical indicators slightly dampen the overall score. The reasonable valuation supports the stock's attractiveness, but improvements in cash flow generation are necessary for a higher score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term expansion and stability.

Profitability

Improved profitability reflects efficient operations and cost management, enhancing the company's ability to reinvest in growth and innovation.

Balance Sheet Health

A low debt-to-equity ratio suggests financial stability and flexibility, allowing the company to withstand economic fluctuations and invest in opportunities.

Negative Factors

Decline in Free Cash Flow

A significant decline in free cash flow can limit the company's ability to fund operations, invest in growth, and meet financial obligations, posing a risk to long-term sustainability.

Cash Conversion Challenges

Challenges in converting income into cash can impact liquidity and operational flexibility, potentially hindering the company's ability to respond to market changes and invest in growth.

Cost Pressures

Cost pressures affecting gross profit margins can erode profitability if not managed effectively, impacting the company's competitive position and financial health over time.

Cantaloupe Business Overview & Revenue Model

Company Description

Cantaloupe, Inc. (CTLP) is a technology company that specializes in providing innovative payment solutions and services primarily for the unattended retail and vending industries. The company focuses on developing cashless payment systems, mobile applications, and other advanced technologies that enhance consumer experiences and operational efficiencies for businesses in sectors such as vending, retail, and food service. Cantaloupe's core products include its Seed platform, which integrates hardware and software for payment processing, inventory management, and operational analytics.

How the Company Makes Money

Cantaloupe generates revenue through multiple streams, primarily from the sale of its cashless payment systems and related services to operators in the vending and unattended retail sectors. The company earns money through transaction fees charged for each cashless payment processed via its platforms, as well as subscription fees for its Seed software services that help businesses manage their operations. Additionally, Cantaloupe benefits from partnerships with financial institutions and payment networks that facilitate these transactions. The ongoing transition towards cashless payment solutions in the retail market further supports Cantaloupe's revenue growth, as more businesses seek to adopt its technology to meet consumer demand.

Cantaloupe Financial Statement Overview

Summary

Cantaloupe shows strong revenue growth and profitability, supported by a solid balance sheet with low leverage. However, the significant decline in free cash flow is a concern that needs addressing to ensure long-term financial health.

Income Statement

Cantaloupe has shown consistent revenue growth over the years, with a recent growth rate of 3.39%. The gross profit margin is healthy at 35.68%, and the net profit margin has improved significantly to 21.33%, indicating strong profitability. However, the slight decline in gross profit margin from the previous year suggests some cost pressures. Overall, the company demonstrates strong revenue growth and profitability, but maintaining cost efficiency will be crucial.

Balance Sheet

The company's debt-to-equity ratio is low at 0.15, indicating a conservative leverage position, which is a positive sign of financial stability. The return on equity is strong at 25.43%, reflecting efficient use of equity to generate profits. The equity ratio is also solid, suggesting a strong capital structure. However, the increase in total debt over the years warrants monitoring to ensure it remains manageable.

Cash Flow

Cantaloupe's free cash flow has declined significantly by 55.51%, which is a concern. The operating cash flow to net income ratio is low at 0.25, indicating potential challenges in converting income into cash. The free cash flow to net income ratio is also modest at 0.16. While the company is profitable, improving cash flow generation will be important for sustaining operations and growth.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	302.55M	302.55M	268.60M	243.64M	195.20M	166.94M
Gross Profit	120.35M	123.82M	102.65M	81.24M	54.20M	54.03M
EBITDA	42.75M	42.75M	28.12M	11.95M	4.33M	1.19M
Net Income	64.53M	64.53M	11.99M	633.00K	-1.70M	-8.71M
Balance Sheet
Total Assets	386.93M	381.86M	335.57M	289.61M	255.63M	237.67M
Cash, Cash Equivalents and Short-Term Investments	51.15M	51.15M	58.92M	50.93M	68.13M	88.14M
Total Debt	48.60M	48.60M	47.33M	40.93M	16.99M	17.96M
Total Liabilities	133.18M	128.11M	151.10M	122.02M	95.66M	83.14M
Stockholders Equity	253.75M	253.75M	184.47M	167.59M	159.97M	154.53M
Cash Flow
Free Cash Flow	3.34M	3.34M	12.81M	-1.96M	-17.96M	6.34M
Operating Cash Flow	20.34M	20.34M	27.75M	14.19M	-8.71M	8.18M
Investing Cash Flow	-28.14M	-28.14M	-18.64M	-51.87M	-12.23M	-1.83M
Financing Cash Flow	42.00K	42.00K	-1.06M	20.48M	920.00K	50.07M

Cantaloupe Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 10.63
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CTLP, the sentiment is Negative. The current price of 10.63 is above the 20-day moving average (MA) of 10.60, below the 50-day MA of 10.69, and above the 200-day MA of 9.64, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 43.40 is Neutral, neither overbought nor oversold. The STOCH value of 31.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CTLP.

Cantaloupe Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FLYW	―	$1.65B	328.22	0.86%	―	22.20%	―
CTLP	―	$778.18M	12.31	29.45%	―	12.64%	457.40%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
TLS	―	$507.47M	―	-41.49%	―	-13.76%	-75.18%
CSPI	―	$128.59M	-74.18	-3.33%	0.92%	-0.37%	-161.02%
CNDT	―	$379.14M	77.92	2.21%	―	-14.36%	-73.74%
PSFE	―	$667.32M	―	-5.88%	―	0.47%	-292.07%

Cantaloupe Corporate Events

Cantaloupe Announces CTO Departure Effective October 2025

On September 24, 2025, Cantaloupe, Inc. announced the departure of its Chief Technology Officer, Gaurav Singal, effective October 7, 2025. Mr. Singal’s decision to leave was personal and not due to any disagreements with the company’s operations, policies, or practices.

The most recent analyst rating on (CTLP) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on Cantaloupe stock, see the CTLP Stock Forecast page.

Cantaloupe Highlights Risks in Latest SEC Filings

Cantaloupe‘s recent filings with the SEC, including their Annual Report for the year ended June 30, 2025, highlight various risks and uncertainties affecting the company and its operations. These documents provide insights into the economic conditions and potential challenges that could impact Cantaloupe and its stakeholders.

The most recent analyst rating on (CTLP) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on Cantaloupe stock, see the CTLP Stock Forecast page.

Potential Pitfalls: Risks and Challenges in the Cantaloupe and 365 Retail Markets Merger

The pending merger between Cantaloupe, Inc. and 365 Retail Markets poses significant business risks, as operational restrictions during this period may hinder strategic execution and financial performance. Employee uncertainty regarding future roles could lead to attrition, affecting talent retention and acquisition. Business relationships might face instability, with partners potentially seeking alternatives, further impacting operations. Additionally, management’s focus may be diverted, and substantial transaction costs incurred, regardless of the merger’s completion, could strain financial resources.

Cantaloupe, Inc. Reports Merger and Growth Prospects

Cantaloupe, Inc. is a global technology leader in self-service commerce, providing solutions such as micro-payment processing, self-checkout kiosks, and enterprise cloud software. The company operates primarily in the food and beverage, retail, and entertainment sectors, with a strong focus on digital payments and business optimization. In its latest earnings report, Cantaloupe, Inc. highlighted its merger agreement with 365 Retail Markets, LLC, which is expected to be completed in the second half of 2025. The merger will see Cantaloupe become a wholly-owned subsidiary of 365 Retail Markets, ceasing its status as a publicly traded company. Key financial metrics include a market value of $562.9 million as of December 31, 2024, and a customer base of 34,896 active customers with 1.28 million active devices. The company continues to focus on expanding its market share in digital payments and self-service solutions, both domestically and internationally. Looking forward, Cantaloupe’s management remains optimistic about the company’s growth prospects, driven by increasing demand for digital payment systems and self-service commerce solutions.

Cantaloupe Shareholders Approve Merger with Catalyst

On September 4, 2025, Cantaloupe, Inc. held a virtual special meeting where shareholders approved the merger with Catalyst MergerSub Inc., making Cantaloupe a wholly-owned subsidiary of Catalyst Holdco II, Inc. The merger proposal was supported by a significant majority, with 82.03% of eligible votes cast. Additionally, shareholders approved compensation arrangements for Cantaloupe’s executives related to the merger. The approval of these proposals signifies a strategic move for Cantaloupe, potentially impacting its market positioning and operations by aligning with Catalyst’s broader business objectives.

The most recent analyst rating on (CTLP) stock is a Hold with a $11.20 price target. To see the full list of analyst forecasts on Cantaloupe stock, see the CTLP Stock Forecast page.