Cantaloupe, Inc. (CTLP)

Cantaloupe, Inc. reported Q3 2025 earnings on May 8, 2025, with an EPS of $0.08, missing analysts' consensus estimates of $0.10, and quarterly revenue was $75.43 million, also below analyst estimates, leading to a stock decline. On June 16, 2025, Cantaloupe announced it would be acquired by 365 Retail Markets, LLC in an all-cash transaction, with shareholders expected to receive $11.20 per share, resulting in a stock downgrade by William Blair. A special shareholder meeting to vote on the proposed merger with 365 Retail Markets is scheduled for September 4, 2025.

While specific detailed seasonality for Cantaloupe, Inc.'s products and services is not explicitly stated, the broader unattended retail industry can experience seasonal demand fluctuations. The fall season often sees increased consumer activity. Cantaloupe's Q3 FY25 earnings report mentioned "weather-related headwinds impacting transaction volumes," suggesting some impact of external factors on demand for their services. The company's focus on providing essential payment and management solutions for various unattended retail environments suggests a relatively stable underlying demand.

Cantaloupe, Inc. is a technology solutions provider in the unattended retail industry, offering products and services to modernize self-service commerce. The company focuses on fintech and the vending machine industry, providing end-to-end technology solutions for self-service commerce. Its major products and services include cashless payment systems like ePort terminals, vending management software (VMS) such as the Seed® Platform, Smart Stores, mobile wallet integration, and data analytics services. Other offerings include ePort Mobile, ePort Online, MORE, Quickconnect Web Services, and EnergyMiser.

Cantaloupe, Inc. has a significant market presence across North America and an expanding global reach. Its solutions are utilized in the U.S., Europe, and Australia, with expansion into Canada and plans for availability in the UK and Mexico.

Cantaloupe's brand reputation has been influenced by strategic expansions and product innovations. In February 2024, Cantaloupe acquired Cheq Lifestyle Technology, Inc. (CHEQ), expanding into the sports, entertainment, and restaurant sectors. In December 2024, Cantaloupe launched its new Smart Store Series, designed to address challenges like labor shortages and theft in unattended retail. The consensus rating from Wall Street analysts for Cantaloupe is "Hold."

Cantaloupe, Inc. is primarily owned by institutional shareholders, with a notable portion held by insiders and a smaller percentage by retail investors. Major institutional owners include Hudson Executive Capital LP, BlackRock, Inc., Vanguard Group Inc, Magnetar Financial LLC, Disciplined Growth Investors Inc /mn, Deutsche Bank Ag, FIL Ltd, and Beryl Capital Management LLC. The largest individual shareholder is Douglas L. Braunstein, owning 10.40 million shares, representing 14.18% of the company.