Company: CTLPP
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023882
Chunk: 41

Company: CANTALOUPE, INC.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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 our total subscription and transaction fees for the trailing 12 months divided by average total active devices for the trailing 12 months. 

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The following tables represent our selected operating metrics for the periods indicated:

As of and for the three months endedMarch 31, 2025December 31, 2024September 30, 2024June 30, 2024March 31, 2024Devices:Active Devices (thousands)1,261 1,269 1,230 1,223 1,217 Customers:Active Customers34,115 32,909 32,338 31,466 30,670 Volumes:Total Number of Transactions (millions)296.1299.8293.7290.4283.3 Total Dollar Volume of Transactions (millions)$852.4 $843.1 $826.7 $815.7 $767.4 Subscription and transaction fees - Trailing 12 months (thousands) $255,181 $249,210 $240,153 $231,497 $223,342 Average revenue per unit (ARPU)$205.92 $202.20 $198.31 $193.64 $186.00 

Three Months Ended March 31, 2025 Compared to Three Months Ended March 31, 2024

Three Months Ended March 31,ChangePercent Change($ in thousands)202520242025 v. 2024Transaction fees$44,028 $40,034 $3,994 10.0 %Cost of transaction fees33,119 30,926 2,193 7.1 %Gross profit, transaction(1)$10,909 $9,108 1,801 19.8 %Gross margin, transaction 24.8 %22.8 %2.0 %Subscription fees$21,151 $19,173 1,978 10.3 %Cost of subscription fees1,963 2,000 (37)(1.9)%Amortization(2)5,357 1,541 3,816 247.6 %Gross profit, subscription fees$13,831 $15,632 (1,801)(11.5)%Gross margin, subscription65.4 %81.5 %(16