Company: CTLPP
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001628280-25-004271
Chunk: 98

Company: CANTALOUPE, INC.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part I, Item 2
Chunk 98
---
 revenue per unit ("ARPU") as our total subscription and transaction fees for the trailing 12 months divided by average total active devices for the trailing 12 months. 

24

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

As of and for the three months endedDecember 31, 2024September 30, 2024June 30, 2024March 31, 2024December 31, 2023Devices:Active Devices (thousands)1,269 1,230 1,223 1,217 1,226 Customers:Active Customers32,909 32,338 31,466 30,670 30,027 Volumes:Total Number of Transactions (millions)299.8293.7290.4283.3286.7 Total Dollar Volume of Transactions (millions)$843.1 $826.7 $815.7 $767.4 $730.1 Subscription and transaction fees - Trailing 12 months (thousands) $249,210 $240,153 $231,497 $223,342 $215,380 Average revenue per unit (ARPU)$202.20 $198.31 $193.64 $186.00 $181.91 

Three Months Ended December 31, 2024 Compared to Three Months Ended December 31, 2023

Three Months Ended December 31,ChangePercent Change($ in thousands)202420232024 v. 2023Transaction fees$44,392 $37,892 $6,500 17.2 %Cost of transaction fees33,012 29,892 3,120 10.4 %Gross profit, transaction(1)$11,380 $8,000 3,380 42.3 %Gross margin, transaction 25.6 %21.1 %4.5 %Subscription fees$20,694 $18,137 2,557 14.1 %Cost of subscription fees2,140 1,993 147 7.4 %Amortization(2)2,248 1,673 575 34.4 %Gross profit, subscription fees$16,306 $14,471 1,835 12.7 %Gross margin, subscription78.8 %