Company: CTLPP
Filing Date: 2025-09-08
Form Type: 10-K
Source: 0001628280-25-041775
Chunk: 91

Company: CANTALOUPE, INC.
Filing Date: 2025-09-08
Form: 10-K
Item: Item 7
Chunk 91
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 Number of Transactions (millions)1,199 1,144 1,096 Total Dollar Volume of Transactions (millions)$3,444 $3,038 $2,646 Subscription and transaction fees - Trailing 12 months (thousands)$263,128 $231,496 $200,223 Average revenue per unit (ARPU)$210.26 $193.64 $173.70 

RESULTS OF OPERATIONS

Year Ended June 30,ChangePercent Change($ in thousands)202520242025 v. 2024Transaction fees$179,534 $156,166 $23,368 15.0 %Cost of transaction fees134,615 123,295 11,320 9.2 %Gross profit, transaction(1)$44,919 $32,871 12,048 36.7 %Gross margin, transaction25.0 %21.0 %4.0 %Subscription fees$83,594 $75,331 $8,263 11.0 %Cost of subscription fees8,466 8,105 361 4.5 %Amortization(2)11,683 6,767 4,916 72.6 %Gross profit, subscription fees$63,445 $60,459 2,986 4.9 %Gross margin, subscription75.9 %80.3 %(4.4)%Equipment sales$39,420 $37,099 $2,321 6.3 %Cost of equipment sales35,643 34,545 1,098 3.2 %Gross profit, equipment(1)$3,777 $2,554 1,223 47.9 %Gross margin, equipment9.6 %6.9 %2.7 %Total gross profit$112,141 $95,884 $16,257 17.0 %Total gross margin37.1 %35.7 %1.4 %(1) The Company's internal-use software assets and developed technology assets are not associated with transaction fees and equipment revenue.(2) Amortization of internal-use software assets and developed technology assets. For the year ended June 30, 2025, the Company recognized additional charges of $3.0 million, due to certain