Latest news with #CTLP
Yahoo
4 days ago
- Business
- Yahoo
Laughing Water Capital's Update on Cantaloup (CTLP)
Laughing Water Capital, an investment management company, released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter of 2025, Class A interests in Laughing Water Capital returned approximately 13.1% net of all expenses. The SP500TR and R2000 returned 10.9% and 8.5%, respectively. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its second quarter 2025 investor letter, Laughing Water Capital highlighted stocks such as Cantaloupe, Inc. (NASDAQ:CTLP). Cantaloupe, Inc. (NASDAQ:CTLP) is a digital payments and software services company. The one-month return of Cantaloupe, Inc. (NASDAQ:CTLP) was 0.73%, and its shares gained 45.28% of their value over the last 52 weeks. On July 23, 2025, Cantaloupe, Inc. (NASDAQ:CTLP) stock closed at $11.07 per share, with a market capitalization of $810.812 million. Laughing Water Capital stated the following regarding Cantaloupe, Inc. (NASDAQ:CTLP) in its second quarter 2025 investor letter: "Cantaloupe, Inc. (NASDAQ:CTLP) – Cantaloupe, our vending machine software and payments company that was quickly evolving into all things unattended retail, was snatched away from us during the quarter by a private equity buyer. While we earned a solid return on our investment, I am disappointed in the price Cantaloup accepted. However, I am not totally surprised as the company's largest shareholder – who also had a representative installed as Cantaloup's chairman – is reportedly in wind-down mode, and thus seeking liquidity. The fact that the proxy reveals that this chairman will be rolling his equity, effectively maintaining his investment while smaller shareholders like us are shown the door, of course leaves a sour taste." A woman at a self-service kiosk using a software service to manage logistics. Cantaloupe, Inc. (NASDAQ:CTLP) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 22 hedge fund portfolios held Cantaloupe, Inc. (NASDAQ:CTLP) at the end of the first quarter, which was 19 in the previous quarter. Cantaloupe, Inc.'s (NASDAQ:CTLP) first quarter revenue increased 11% year-over-year to $75.4 million. While we acknowledge the potential of Cantaloupe, Inc. (NASDAQ:CTLP) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Cantaloupe, Inc. (NASDAQ:CTLP) and shared billionaire David Abrams' stock picks with huge upside potential. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
17-06-2025
- Business
- Yahoo
Cantaloupe to be acquired by 365 Retail Markets for $11.20 per share in cash
Cantaloupe (CTLP) announced it has entered into a definitive agreement to be acquired by 365 Retail Markets in an all-cash transaction with an equity value of approximately $848M. Cantaloupe shareholders will receive $11.20 per share in cash, a 34% premium to the unaffected stock price on May 30. 365 Retail Markets is a portfolio company of Providence Equity Partners. The transaction, unanimously approved by Cantaloupe's board, is expected to close in the second half of 2025, subject to shareholder and regulatory approvals. Cantaloupe will become a privately-held company upon completion. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on CTLP: Disclaimer & DisclosureReport an Issue Cantaloupe trading halted, news pending Cantaloupe's Promising Growth and Strategic Expansion Justifies Buy Rating Cantaloupe received bids over $10 per share, SI says Cantaloupe's Strong Financial Performance and Growth Prospects Earn Buy Rating from Gary Prestopino Cantaloupe, Inc. Reports Strong Q3 Earnings Growth Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
Cantaloupe, Inc. (CTLP): A Bull Case Theory
We came across a bullish thesis on Cantaloupe, Inc. (CTLP) on P14 Capital's Substack. In this article, we will summarize the bulls' thesis on CTLP. Cantaloupe, Inc. (CTLP)'s share was trading at $8.58 as of 27th May. CTLP's trailing and forward P/E were 10.72 and 18.25 respectively according to Yahoo Finance. Cantaloupe Inc. (CTLP) reported mixed results for its fiscal third quarter of 2025, with revenue increasing 11.1% year-over-year to $75.4 million, slightly missing consensus estimates by $4.4 million. The quarter's revenue growth was impacted by weather-related disruptions in the Northeast and Midwest, which softened transaction volumes. While both transaction and subscription fees grew approximately 10% year-over-year, this represented a slowdown from previous quarters. However, the company delivered strong operational efficiency, with gross margin expanding by 120 basis points year-over-year to 39.5% and adjusted EBITDA increasing 36.6% to $13.9 million, representing a 21.35% margin. GAAP EPS came in at $0.65 due to a $42.2 million tax benefit, while adjusted EPS was $0.09, up 52% year-over-year. Cantaloupe's Smart Store product line showed strong momentum with over $2 million in sales, and demand is expected to accelerate in the fiscal fourth quarter. The company also highlighted strategic wins, including an exclusive point-of-sale deal with Carnival Cruise Line through Cheq, and new deployments at sports and entertainment venues such as PayPal Park and SAP Center. It launched the Engage Pulse reader tailored for amusement venues, further diversifying its customer base. While international growth remains a future opportunity, it currently contributes minimally to revenue. Management lowered full-year revenue guidance to $302–$308 million from a prior range of $308–$322 million, though EBITDA guidance of $46–$50 million was reaffirmed. Analysts maintain a constructive long-term view, with a 2026 price target of $14.40, representing approximately 87% upside from current levels. Previously, we have covered Cantaloupe, Inc. (CTPL) before their earnings update, wherein we summarized a bullish thesis by the same author. The author highlighted the company's strong fundamentals, margin expansion, and growth in cashless payments. The article also noted potential upside from a strategic review, including a possible sale or go-private deal. Since our last coverage, the stock is up 8.88% as of 28th May. Cantaloupe, Inc. (CTLP) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 22 hedge fund portfolios held CTLP at the end of the first quarter which was 19 in the previous quarter. While we acknowledge the risk and potential of CTLP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CTLP but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
09-05-2025
- Business
- Yahoo
Cantaloupe Inc (CTLP) Q3 2025 Earnings Call Highlights: Revenue Growth and Smart Store Success ...
Release Date: May 08, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Cantaloupe Inc (NASDAQ:CTLP) reported an 11% year-over-year increase in total revenue for Q3 2025, reaching $75.4 million. The company achieved a 37% increase in adjusted EBITDA, amounting to $13.9 million, reflecting successful margin expansion and operating leverage. Cantaloupe Inc (NASDAQ:CTLP) experienced strong cash generation, with $22.4 million in cash from operating activities during the quarter. The company saw significant growth in its smart store product, with over $2 million in shipments, indicating strong demand in new verticals. Cantaloupe Inc (NASDAQ:CTLP) released a $42.2 million valuation allowance on deferred tax assets, contributing to a net income of $48.9 million for the quarter. Revenue was lower than anticipated due to one-time weather events impacting transaction revenue and delays in equipment purchases. Transaction revenue was materially impacted by adverse weather events, leading to abnormally low traffic in customer locations. There was a pullback in large equipment purchases due to economic uncertainty, affecting sales in the quarter. The company faced supply constraints for its smart store product, limiting its ability to meet demand. International revenue remains a small portion of total revenue, expected to be only 3-4% by the end of fiscal year 2025. Warning! GuruFocus has detected 3 Warning Signs with CTLP. Q: Can you quantify the weather impact on transaction revenue for the quarter? A: Yes, the weather impact was approximately $2 million, mostly in January and a little in February. - Scott Stewart, CFO Q: What are the early indications of demand for the smart store product, and do you expect it to ramp up quickly? A: We are already seeing a ramp-up in the fourth quarter. The smart store is our hottest selling product, with significant interest at industry conferences. We expect it to translate into strong fourth-quarter equipment revenue. - Ravi Venkates, CEO Q: Can you provide updates on your progress in Europe and Latin America? A: We have exciting updates, but it's premature to share them. Scaling is continuing with large customers and in the SMB space. Expect releases soon. - Ravi Venkates, CEO Q: How does the revenue opportunity compare between traditional vending, smart stores, and other verticals? A: Vending will grow 5-6%, micro markets 30-40%, and smart stores and related technologies could grow 100-200% in the next 2-3 years, becoming a significant market share. - Ravi Venkates, CEO Q: What do you expect international revenue to be as a percentage by the end of the year? A: We anticipate international revenue to be 3-4% as we exit the fourth quarter of fiscal year 2025, with continued growth expected in FY26. - Scott Stewart, CFO For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
07-05-2025
- Business
- Yahoo
Cantaloupe, Inc. (CTLP): A Bull Case Theory
We came across a bullish thesis on Cantaloupe, Inc. (CTLP) on Substack by P14 Capital. In this article, we will summarize the bulls' thesis on CTLP. Cantaloupe, Inc. (CTLP)'s share was trading at $8.12 as of May 2nd. CTLP's trailing and forward P/E were 42.74 and 17.27 respectively according to Yahoo Finance. A customer interacting with a point-of-sale terminal, demonstrating the impact of targeted loyalty marketing. Cantaloupe Inc. (CTLP) stands out as a deeply compelling investment opportunity, particularly in the context of its recent share price decline from a 52-week high of $11.36. The drop, largely attributable to macroeconomic uncertainty and small-cap selling pressure, obscures the company's strong fundamentals and unique positioning as a leader in the fast-growing self-service commerce space. Despite the near-term volatility, CTLP is poised to benefit from powerful secular trends, including increased adoption of micro-markets, smart unattended retail solutions, and cashless payments. Its most recent quarterly results reaffirm the strength of its business model, with robust growth across subscription and transaction revenues. In 2Q25, subscription revenue rose 14.1% year-over-year (Y/Y), while transaction revenue jumped 17.15% Y/Y, supported by a 10.43% Y/Y increase in average ticket sizes and stable take rates. These drivers also pushed average revenue per user (ARPU) up 11.15% Y/Y. The company's SEED software platform continues to gain traction, with rising attach rates helping boost recurring revenue and customer stickiness. Management reaffirmed full-year guidance, targeting 17.5% Y/Y revenue growth, with strength in equipment sales in the second half—particularly from Smart Store units that carry high margins and are priced between $12K and $15K. Beyond domestic tailwinds, Cantaloupe's international expansion—especially in Latin America—offers underappreciated long-term optionality. Though rollout has been methodical, management is focused on disciplined execution and sustainable growth. Meanwhile, the company is exhibiting strong operating leverage. Adjusted EBITDA for the quarter rose 26% Y/Y to $10.7 million, with margins expanding to 14.5%, up from 13% a year ago. Transaction margins increased 4.5% Y/Y to 25.6% due to better routing efficiency and larger transaction sizes. Equipment margins also improved significantly to 9.1%, on track to reach 13.5% by FY28. Subscription margins remained healthy at 78.8%, leaving ample room for incremental gains. Active customers rose 9.6% Y/Y and active devices were up 3.5% Y/Y, reflecting accelerating adoption and growing penetration across both traditional vending and new verticals like sports stadiums, auto dealerships, and senior living centers. With its full-year revenue and margin outlook de-risked, CTLP is well-positioned for continued outperformance and offers an attractive entry point for investors looking for resilient, cash-generating growth stories.
