Cantaloupe (CTLP) AI Stock Analysis

• Market Cap: $784.14M
• Dividend Yield: N/A
• Average Volume (3M): 768.96K
• Price to Earnings (P/E): 13.3
• Beta (1Y): 0.65
• Revenue Growth: 12.94%
• EPS Growth: 356.32%
• Country: US
• Employees: 375
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 0.09
• Shares Outstanding: 73,697,230
• 10 Day Avg. Volume: 553,056
• 30 Day Avg. Volume: 768,962
• 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: 0.99
• Enterprise Value/Revenue: 2.47
• Enterprise Value/Gross Profit: 6.02
• Enterprise Value/Ebitda: 18.84
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.41
• Revenue Forecast (FY): $344.40M

• Rating: 74 Outperform
• Price Target: $12.00 ▲(12.89% Upside)

Cantaloupe's strong financial performance is the primary driver of its overall score, supported by reasonable valuation metrics. Technical analysis suggests a neutral market position with potential for upward movement. The absence of earnings call data limits insight into future guidance.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding market reach and product adoption, supporting long-term business sustainability.

Cash Flow Generation

Strong cash flow generation enhances financial flexibility, allowing for strategic investments and debt reduction.

Shareholder Confidence

Shareholder confidence in management and financial oversight strengthens market position and stakeholder trust.

Negative Factors

CTO Departure

Leadership changes, especially in technology roles, can disrupt strategic initiatives and impact innovation.

Increasing Debt Levels

Rising debt levels can strain cash flow and limit financial flexibility, impacting long-term stability.

Highlighted Risks

Acknowledged risks in filings indicate potential challenges that could impact operations and stakeholder confidence.

Cantaloupe Business Overview & Revenue Model

Company Description

Cantaloupe, Inc., a digital payment and software services company, provides technology solutions for the unattended retail market. The company offers integrated solutions for payments processing, logistics, and back-office management. It also provides ePort, an integrated payment device that is deployed in self-service, unattended market applications, such as vending, amusement, arcade, commercial laundry, air/vacuum, car wash, and others, which facilitates digital payments; and integrated software services for payment devices in the field for the wireless transfer. The company serves vending machine, car wash, electric vehicle charging, amusement, commercial laundry, micro-market, kiosk, and entertainment companies. It has strategic partnership with Bakkt Holdings, LLC to bring a cashless experience for consumers to spend digital assets at unattended retail devices: and Castles Technology to introduce a next-generation cashless device solution. The company was formerly known as USA Technologies, Inc and changed its name to Cantaloupe, Inc. Cantaloupe Inc. was incorporated in 1992 and is headquartered in Malvern, Pennsylvania.

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 exhibits strong financial health with robust revenue and profit growth, efficient cost management, and solid cash flow generation. The company maintains a stable balance sheet with low leverage, although increasing debt levels warrant monitoring. Overall, Cantaloupe is well-positioned in the Information Technology Services industry, with a positive financial trajectory.

Income Statement

Cantaloupe has demonstrated strong revenue growth with a TTM increase of 3.31% and consistent annual growth. The gross profit margin has improved over time, reaching 39.78% in the TTM, indicating efficient cost management. Net profit margin has significantly improved to 21.33% in the TTM, reflecting enhanced profitability. EBIT and EBITDA margins have also shown positive trends, supporting overall profitability.

Balance Sheet

The company's debt-to-equity ratio is low at 0.19, indicating prudent leverage management. Return on equity has improved significantly to 29.37% in the TTM, showcasing effective use of equity to generate profits. The equity ratio is stable, reflecting a solid financial structure. However, the increase in total debt over time could pose potential risks if not managed carefully.

Cash Flow

Cantaloupe's free cash flow growth has been remarkable, with a TTM increase of 579.80%, indicating strong cash generation capabilities. The operating cash flow to net income ratio is healthy, suggesting efficient conversion of income into cash. The free cash flow to net income ratio is positive, further supporting the company's cash flow strength. However, fluctuations in free cash flow in previous years highlight potential volatility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	312.56M	302.55M	268.60M	243.64M	205.20M	166.94M
Gross Profit	128.49M	123.82M	102.65M	81.24M	64.19M	54.03M
EBITDA	41.03M	42.75M	28.12M	11.95M	4.33M	1.19M
Net Income	60.04M	64.53M	11.99M	633.00K	-1.70M	-8.71M
Balance Sheet
Total Assets	389.51M	381.86M	335.57M	289.61M	255.63M	237.67M
Cash, Cash Equivalents and Short-Term Investments	54.98M	51.15M	58.92M	50.93M	68.13M	88.14M
Total Debt	40.13M	48.60M	47.33M	44.70M	20.89M	22.77M
Total Liabilities	134.96M	128.11M	151.10M	122.02M	95.66M	83.14M
Stockholders Equity	254.56M	253.75M	184.47M	167.59M	159.97M	154.53M
Cash Flow
Free Cash Flow	22.68M	3.34M	12.81M	-1.96M	-17.96M	6.34M
Operating Cash Flow	39.33M	20.34M	27.75M	14.19M	-8.71M	8.18M
Investing Cash Flow	-18.02M	-28.14M	-18.64M	-51.87M	-12.23M	-1.83M
Financing Cash Flow	807.00K	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 10.61, above the 50-day MA of 10.60, and above the 200-day MA of 9.85, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 48.42 is Neutral, neither overbought nor oversold. The STOCH value of 53.30 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
CTLP	74 Outperform	$784.14M	13.29	27.08%	―	12.94%	356.32%
FLYW	69 Neutral	$1.78B	-515.71	-0.29%	―	22.71%	-111.24%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CSPI	58 Neutral	$124.75M	-869.86	-0.27%	0.95%	6.36%	73.88%
TLS	52 Neutral	$399.75M	-12.80	-23.73%	―	17.44%	41.97%
CNDT	47 Neutral	$307.31M	-2.00	-15.87%	―	-12.45%	-142.77%
PSFE	47 Neutral	$467.75M	-3.69	-15.59%	―	-0.95%	-456.64%

Cantaloupe Corporate Events

Cantaloupe Holds 2026 Annual Shareholder Meeting

On November 19, 2025, Cantaloupe, Inc. held its 2026 annual meeting of shareholders, where all director nominees were elected. Shareholders also approved the executive officer compensation and ratified Deloitte & Touche LLP as the independent auditor for the fiscal year ending June 30, 2025. These decisions reflect shareholder confidence in the company’s leadership and financial oversight, potentially strengthening its market position and stakeholder trust.

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.

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.