Added to YB: 2025-03-18
Pitch date: 2025-03-14
CTLP [neutral]
Cantaloupe, Inc.
+1.43%
current return
Author Info
P14 Capital is a former buy-side research analyst who uncovers undervalued opportunities in SMID-cap equities. Long-biased and generalist. Sign up for the newsletter.
Company Info
Cantaloupe, Inc., a digital payments and software services company, provides technology solutions for self-service commerce market.
Market Cap
$563.1M
Pitch Price
$7.69
Price Target
12.80 (+64%)
Dividend
N/A
Sector
Financial Services
Category
special_situation
LONG $CTLP - Thesis Update
CTLP (update): Leader in self-serve commerce. Q2 strong: sub fees +14.1%, trans fees +17.15%. Expanding to high-ticket verticals, int'l markets. Adj EBITDA +26% YoY. Potential sale explored w/ JPM. Base case: $12.80 PT (70.2% upside), 18x EV/EBITDA. Recession-resistant, inflation-indexed revs.
Read full article (7 min)