Cantaloupe Gross Profit from 2010 to 2024

CTLP Stock  USD 9.00  0.12  1.35%   
Cantaloupe Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to grow to about 96.7 M this year. Gross Profit is the profit Cantaloupe makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1996-06-30
Previous Quarter
27.1 M
Current Value
64.6 M
Quarterly Volatility
8.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cantaloupe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cantaloupe's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.8 M, Interest Expense of 1.7 M or Selling General Administrative of 22.3 M, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0026 or PTB Ratio of 2.71. Cantaloupe financial statements analysis is a perfect complement when working with Cantaloupe Valuation or Volatility modules.
  
Check out the analysis of Cantaloupe Correlation against competitors.
To learn how to invest in Cantaloupe Stock, please use our How to Invest in Cantaloupe guide.

Latest Cantaloupe's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Cantaloupe over the last few years. Gross profit is a required income statement account that reflects total revenue of Cantaloupe minus its cost of goods sold. It is profit before Cantaloupe operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Cantaloupe's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cantaloupe's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 81.24 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Cantaloupe Gross Profit Regression Statistics

Arithmetic Mean40,197,335
Geometric Mean22,812,486
Coefficient Of Variation75.55
Mean Deviation24,441,605
Median35,676,000
Standard Deviation30,370,601
Sample Variance922.4T
Range96.6M
R-Value0.96
Mean Square Error70.5T
R-Squared0.93
Slope6,545,592
Total Sum of Squares12913.2T

Cantaloupe Gross Profit History

202496.7 M
202392.1 M
202281.2 M
202154.2 M
202054 M
201946.3 M
201838.1 M

Other Fundumenentals of Cantaloupe

Cantaloupe Gross Profit component correlations

0.990.76-0.47-0.810.960.960.990.980.120.160.890.970.53-0.190.840.94-0.320.78-0.180.48-0.460.670.76
0.990.77-0.55-0.820.930.950.960.980.170.240.890.950.54-0.130.780.94-0.280.81-0.190.42-0.380.60.71
0.760.77-0.48-0.860.680.790.720.74-0.190.480.720.780.47-0.250.610.71-0.560.66-0.120.32-0.060.360.56
-0.47-0.55-0.480.49-0.3-0.44-0.36-0.58-0.29-0.57-0.49-0.42-0.16-0.46-0.09-0.54-0.05-0.740.050.16-0.250.07-0.07
-0.81-0.82-0.860.49-0.72-0.8-0.78-0.78-0.02-0.52-0.76-0.79-0.770.22-0.61-0.740.39-0.640.14-0.320.13-0.37-0.52
0.960.930.68-0.3-0.720.960.980.94-0.04-0.080.770.920.5-0.170.910.89-0.430.74-0.080.53-0.640.830.86
0.960.950.79-0.44-0.80.960.960.96-0.040.120.810.930.48-0.120.830.88-0.480.79-0.070.4-0.460.690.79
0.990.960.72-0.36-0.780.980.960.960.060.050.870.970.51-0.260.890.93-0.360.74-0.160.54-0.540.740.8
0.980.980.74-0.58-0.780.940.960.960.110.160.860.940.47-0.030.810.95-0.310.86-0.120.41-0.420.650.75
0.120.17-0.19-0.29-0.02-0.04-0.040.060.110.230.320.090.15-0.06-0.30.160.87-0.09-0.34-0.160.06-0.18-0.25
0.160.240.48-0.57-0.52-0.080.120.050.160.230.340.180.240.01-0.130.20.040.24-0.14-0.230.76-0.55-0.2
0.890.890.72-0.49-0.760.770.810.870.860.320.340.950.37-0.410.640.89-0.070.6-0.410.41-0.250.420.51
0.970.950.78-0.42-0.790.920.930.970.940.090.180.950.42-0.330.830.94-0.320.71-0.270.51-0.410.620.72
0.530.540.47-0.16-0.770.50.480.510.470.150.240.370.42-0.110.370.37-0.140.28-0.070.22-0.310.360.33
-0.19-0.13-0.25-0.460.22-0.17-0.12-0.26-0.03-0.060.01-0.41-0.33-0.11-0.26-0.140.030.320.49-0.520.2-0.18-0.11
0.840.780.61-0.09-0.610.910.830.890.81-0.3-0.130.640.830.37-0.260.8-0.60.67-0.080.69-0.560.780.87
0.940.940.71-0.54-0.740.890.880.930.950.160.20.890.940.37-0.140.8-0.220.85-0.240.53-0.340.620.77
-0.32-0.28-0.56-0.050.39-0.43-0.48-0.36-0.310.870.04-0.07-0.32-0.140.03-0.6-0.22-0.41-0.25-0.30.18-0.39-0.51
0.780.810.66-0.74-0.640.740.790.740.86-0.090.240.60.710.280.320.670.85-0.410.020.32-0.170.490.68
-0.18-0.19-0.120.050.14-0.08-0.07-0.16-0.12-0.34-0.14-0.41-0.27-0.070.49-0.08-0.24-0.250.02-0.560.030.010.15
0.480.420.320.16-0.320.530.40.540.41-0.16-0.230.410.510.22-0.520.690.53-0.30.32-0.56-0.480.630.54
-0.46-0.38-0.06-0.250.13-0.64-0.46-0.54-0.420.060.76-0.25-0.41-0.310.2-0.56-0.340.18-0.170.03-0.48-0.9-0.58
0.670.60.360.07-0.370.830.690.740.65-0.18-0.550.420.620.36-0.180.780.62-0.390.490.010.63-0.90.86
0.760.710.56-0.07-0.520.860.790.80.75-0.25-0.20.510.720.33-0.110.870.77-0.510.680.150.54-0.580.86
Click cells to compare fundamentals

About Cantaloupe Financial Statements

Cantaloupe shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Cantaloupe investors may analyze each financial statement separately, they are all interrelated. The changes in Cantaloupe's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cantaloupe's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit92.1 M96.7 M
Gross Profit Margin 0.34  0.23 

Pair Trading with Cantaloupe

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cantaloupe position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cantaloupe will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cantaloupe Stock

  0.72BR Broadridge FinancialPairCorr
  0.89FI Fiserv, Sell-off TrendPairCorr
  0.74IT GartnerPairCorr
  0.73DMRC DigimarcPairCorr

Moving against Cantaloupe Stock

  0.93GMM Global Mofy MetaversePairCorr
  0.5XRX Xerox CorpPairCorr
The ability to find closely correlated positions to Cantaloupe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cantaloupe when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cantaloupe - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cantaloupe to buy it.
The correlation of Cantaloupe is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cantaloupe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cantaloupe moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cantaloupe can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Cantaloupe Stock Analysis

When running Cantaloupe's price analysis, check to measure Cantaloupe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cantaloupe is operating at the current time. Most of Cantaloupe's value examination focuses on studying past and present price action to predict the probability of Cantaloupe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cantaloupe's price. Additionally, you may evaluate how the addition of Cantaloupe to your portfolios can decrease your overall portfolio volatility.