Cantaloupe Inc Stock Price, News & Analysis

Cantaloupe Inc. (CTLP) has partnered with Carnival Cruise Line to provide point-of-sale technology solutions at Carnival's new exclusive destination, Celebration Key, opening July 19, 2025, in Grand Bahama. The partnership marks the first off-ship integration of Carnival's Sail & Sign cashless payment program, allowing guests to use their cards at Cantaloupe-powered self-service kiosks throughout the island for food and beverage purchases.

The collaboration enables seamless transaction processing directly linked to guests' onboard accounts, eliminating the need for cash or credit cards. Cantaloupe's POS technology, including its Cheq management platform, is designed to handle high-volume transactions and peak demand, supporting large-scale environments with real-time updates.

Cantaloupe Inc (NASDAQ: CTLP) will showcase its latest self-service retail innovations at the 2025 NAMA Show in Las Vegas from May 7-9. The company will demonstrate its new Go Micro kiosk and Smart Aisle technology in booth #1839.

The Go Micro kiosk features a compact design with an integrated barcode scanner and five-inch touchscreen for micro markets. The Smart Aisle offers a 24/7 frictionless retail experience using 3D cameras, AI, and weighted-shelf technology. Additional products on display include the Smart Store series, Cooler Café, various payment solutions, and the Seed software suite with new AI capabilities.

Cantaloupe will also host the Social Hub through its Vine Digital Studio and showcase its Remote Price Change tool, which enables operators to update prices across their vending machine fleet remotely.

Cantaloupe (NASDAQ: CTLP) has released its 2025 Micropayment Trends Report, revealing significant shifts in self-service retail payment behaviors. The report analyzes millions of transactions from 2024 across various platforms including vending, micro markets, and Smart Stores.

Key findings show that 96% of micro market transactions and 100% of Smart Store transactions were cashless in 2024, while 77% of vending transactions were made via card or mobile pay. Consumers spent 27% more per transaction at micro markets and 101% more at Smart Stores compared to traditional vending machines.

The report highlights that food and beverage vending sales exceeded $3.5 billion in 2024, with micro market sales surpassing $1 billion for the first time. Based on data from 625,000 card readers, 17,000 micro market kiosks, and 24,000 amusement machines, the company projects 8% growth in vending sales and 40% growth in micro markets for the coming year.

Cantaloupe (Nasdaq: CTLP), a global provider of end-to-end technology solutions for self-service commerce, has scheduled its third quarter fiscal year 2025 financial results announcement for May 8, 2025. The company will release its financial results press release at approximately 4:05 p.m. Eastern Time, followed by a management-hosted webcast at 5:00 p.m. Eastern Time to discuss the results.

Investors can access the live webcast through the company's Investor Relations website section. To participate in the live call and Q&A session, participants need to register in advance to receive dial-in information and a unique PIN. A replay of the conference call will be made available on the company's Investor Relations website.

Cantaloupe (NASDAQ: CTLP) has launched Go Micro, a new affordable self-service micro market kiosk designed to help operators start or scale their micro market business. The device features a compact footprint with an integrated barcode scanner and five-inch touchscreen for seamless checkout experiences.

The Go Micro is fully integrated with Cantaloupe Go and Seed Markets platforms, allowing operators to manage all markets on a single platform. Its versatile form factor enables installation in various spaces, including future mounting capability on Cantaloupe's Cooler Café units.

According to Gaurav Singal, Cantaloupe's CTO, the Go Micro aims to break down cost barriers for starting micro markets, offering a significantly lower price point compared to traditional solutions that typically cost six to seven thousand dollars. The product targets small business owners starting their first micro market or existing customers seeking secondary checkout options at busy locations.

Cantaloupe (CTLP) reported strong Q2 FY2025 results with revenue increasing 12.8% year-over-year to $73.7 million. The growth was primarily driven by subscription and transaction revenue, which grew 16% YoY. Transaction fees reached $44.4 million (+17.2%), while subscription fees hit $20.7 million (+14.1%).

The company achieved net income of $5.0 million ($0.07 per diluted share), up from $3.1 million in the prior year quarter. Total transaction dollar volumes grew 15.5% to $843.1 million, with transaction volume increasing 4.6% to 299.8 million. Adjusted EBITDA improved 25.7% to $10.7 million.

Notable business highlights include the launch of AdVantage program for digital advertising and Smart Store solutions. Active customers increased 9.6% to 32,909, while active devices grew 3.5% to 1.27 million. The company reiterated its FY2025 guidance, projecting revenue between $308-322 million and net income of $22-32 million.

Cantaloupe (NASDAQ: CTLP) announces the launch of Cantaloupe Capital, a new financing platform developed in collaboration with Fundbox to provide small businesses in self-service retail with streamlined access to capital. The platform addresses significant financing challenges faced by small businesses, as highlighted by the 2024 Federal Reserve Small Business Startup Credit Survey, which shows only 43% of startup small businesses with employees and 29% of owner-operated startups received traditional funding.

The platform offers key features including a streamlined online application process, rapid funding decisions, transparent interest rates, flexible repayment terms, and comprehensive support for equipment purchases and working capital needs. This initiative aims to break down funding barriers for owner-operators, enabling them to invest in new equipment, manage seasonal fluctuations, and capitalize on growth opportunities in the self-service retail space.

Cantaloupe (Nasdaq: CTLP), a global provider of end-to-end technology solutions for self-service commerce, has announced its upcoming second quarter fiscal year 2025 financial results release and webcast. The company will issue a press release with financial results on February 6, 2025 at approximately 4:05 p.m. Eastern Time, followed by a management-hosted webcast at 5:00 p.m. Eastern Time to discuss the results.

Investors can access the live webcast through the company's Investor Relations website section. Those wishing to participate in the live call and Q&A session must register to receive dial-in information and a unique PIN. A replay of the conference call will be available afterward on the company's Investor Relations website.

Cantaloupe (NASDAQ: CTLP) has launched Engage Pulse, a new card reader designed for the arcade and amusement industry. The device features a ladder pricing interface allowing players to purchase multiple plays in a single transaction, modernizing the payment experience.

According to Cantaloupe's 2024 Micropayment Trends Report, consumers spent over $100 million at amusement machines in 2023, with 63% coming from cashless transactions. The average cashless purchase value was $6.13 compared to $0.81 for cash purchases.

Early adopters have reported significant results, with one customer seeing crane game sales increase by 85% year-over-year in two months. The Engage Pulse features a 3.5-inch color touchscreen, cashless payment acceptance, and seamless integration with Cantaloupe's Seed Live platform.