Cantaloupe, Inc. — Earnings Quality Grade F
CTLP · Technology
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 46 days, change -14 days YoY
AR growth -13.5% vs revenue growth 12.6%
Revenue grew 12.6% but CFFO declined -26.7%
Small-cap context: Small-cap revenue/CFFO ratio is sensitive to growth-stage working-capital draws.
Expense Quality
Inventory 12.0% vs COGS 7.7%. Normal
CapEx growth 13.8% vs revenue 12.6%. Normal
SG&A/Gross Profit = 54.2%. Normal
Gross margin 40.9%, change +2.7pp. Stable
Cash Flow Quality
CFFO/NI = 0.32. Only 32% of profit backed by cash
Small-cap context: Small-cap CFFO/NI often diverges from working-capital swings, not necessarily manipulation.
FCF < 50% of Net Income for 2 years
Accruals ratio = 11.6%. Exceeds 10%
Cash $0.1B covers debt $0.0B
Balance Sheet Health
Goodwill+Intangibles $0.1B = 50% of equity
Debt/EBITDA = 0.9x. Healthy
Other assets 5.2% vs revenue 12.6%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles change 6% YoY. Normal
Manipulation Score
Insufficient data
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25