Transact Tech Financials
This page shows Transact Tech (TACT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Transact Tech has an operating margin of -8.4%, meaning the company retains $-8 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 7.9% the prior year.
Transact Tech's revenue declined 40.3% year-over-year, from $72.6M to $43.4M. This contraction results in a growth score of 0/100.
Transact Tech carries a low D/E ratio of 0.44, meaning only $0.44 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 95/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.98, Transact Tech holds $2.98 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 99/100.
Transact Tech's free cash flow margin of 3.5% results in a low score of 18/100. Capital expenditures of $322K absorb a large share of operating cash flow.
Transact Tech passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Transact Tech generates $-0.19 in operating cash flow ($1.9M OCF vs -$9.9M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Transact Tech earns $-11.3 in operating income for every $1 of interest expense (-$3.6M vs $322K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Transact Tech generated $43.4M in revenue in fiscal year 2024. This represents a decrease of 40.3% from the prior year.
Transact Tech's EBITDA was -$2.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 136.0% from the prior year.
Transact Tech generated $1.5M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 66.6% from the prior year.
Transact Tech reported -$9.9M in net income in fiscal year 2024. This represents a decrease of 307.7% from the prior year.
Transact Tech earned $-0.99 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 310.6% from the prior year.
Transact Tech held $14.4M in cash against $0 in long-term debt as of fiscal year 2024.
Transact Tech had 10M shares outstanding in fiscal year 2024. This represents an increase of 0.6% from the prior year.
Transact Tech's gross margin was 49.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 3.3 percentage points from the prior year.
Transact Tech's operating margin was -8.4% in fiscal year 2024, reflecting core business profitability. This is down 16.2 percentage points from the prior year.
Transact Tech's net profit margin was -22.7% in fiscal year 2024, showing the share of revenue converted to profit. This is down 29.3 percentage points from the prior year.
Transact Tech invested $7.0M in research and development in fiscal year 2024. This represents a decrease of 26.1% from the prior year.
Transact Tech invested $322K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 64.3% from the prior year.
TACT Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.2M-4.5% | $13.8M+5.7% | $13.1M+27.6% | $10.2M-5.9% | $10.9M-6.3% | $11.6M+8.5% | $10.7M-19.4% | $13.3M |
| Cost of Revenue | $6.6M-7.4% | $7.1M+6.8% | $6.7M+17.2% | $5.7M+1.2% | $5.6M+2.8% | $5.5M+8.4% | $5.1M-26.6% | $6.9M |
| Gross Profit | $6.6M-1.4% | $6.7M+4.6% | $6.4M+40.7% | $4.5M-13.5% | $5.2M-14.5% | $6.1M+8.6% | $5.6M-11.7% | $6.4M |
| R&D Expenses | $1.7M-4.0% | $1.7M+5.5% | $1.6M+4.0% | $1.6M-4.1% | $1.6M-8.8% | $1.8M-8.5% | $2.0M-8.9% | $2.2M |
| SG&A Expenses | $2.8M-9.3% | $3.1M+16.1% | $2.7M+35.1% | $2.0M-22.8% | $2.5M-0.3% | $2.6M-11.3% | $2.9M+9.0% | $2.6M |
| Operating Income | $14K+105.4% | -$258K-1620.0% | -$15K+98.6% | -$1.1M-25.4% | -$837K-91.1% | -$438K+66.3% | -$1.3M-149.2% | -$522K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $25K-37.5% | $40K-21.6% | $51K-99.3% | $6.8M+4698.6% | -$148K-72.1% | -$86K+69.0% | -$277K-714.7% | -$34K |
| Net Income | $15K+110.5% | -$143K-852.6% | $19K+100.2% | -$8.0M-1344.1% | -$551K-72.7% | -$319K+69.2% | -$1.0M-1571.0% | -$62K |
| EPS (Diluted) | $0.00+100.0% | $-0.01 | $0.00+100.0% | $-0.79-1216.7% | $-0.06-100.0% | $-0.03+70.0% | $-0.10-900.0% | $-0.01 |
TACT Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $45.0M+1.0% | $44.5M+0.9% | $44.2M+0.3% | $44.0M-12.8% | $50.5M+0.3% | $50.4M-3.0% | $51.9M-4.2% | $54.2M |
| Current Assets | $39.2M-1.3% | $39.7M+2.0% | $38.9M+1.4% | $38.4M+2.6% | $37.4M+1.0% | $37.0M-4.7% | $38.9M-5.2% | $41.0M |
| Cash & Equivalents | $20.0M+12.9% | $17.7M+25.2% | $14.2M-1.5% | $14.4M+26.9% | $11.3M+1.9% | $11.1M+4.7% | $10.6M-13.7% | $12.3M |
| Inventory | $11.7M-9.5% | $13.0M-10.0% | $14.4M-10.8% | $16.2M-4.1% | $16.9M-4.5% | $17.6M-8.0% | $19.2M+8.0% | $17.8M |
| Accounts Receivable | $5.8M-25.2% | $7.8M-13.9% | $9.1M+39.3% | $6.5M-12.3% | $7.4M+10.1% | $6.7M-13.4% | $7.8M-20.8% | $9.8M |
| Goodwill | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M |
| Total Liabilities | $13.2M-0.4% | $13.3M+0.3% | $13.2M-1.3% | $13.4M+10.3% | $12.1M+2.6% | $11.8M-11.3% | $13.3M-9.7% | $14.8M |
| Current Liabilities | $12.8M-0.5% | $12.9M+1.0% | $12.8M-1.0% | $12.9M+14.5% | $11.3M+4.9% | $10.7M-14.0% | $12.5M-8.6% | $13.6M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $31.8M+1.6% | $31.3M+1.1% | $30.9M+1.0% | $30.6M-20.1% | $38.4M-0.5% | $38.5M-0.1% | $38.6M-2.1% | $39.4M |
| Retained Earnings | $4.4M+0.3% | $4.4M-3.2% | $4.5M+0.4% | $4.5M-63.8% | $12.5M-4.2% | $13.0M-2.4% | $13.3M-7.2% | $14.4M |
TACT Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.6M+1.0% | $3.6M+2332.9% | -$161K-106.7% | $2.4M+630.3% | $327K-48.6% | $636K+142.7% | -$1.5M-262.7% | $916K |
| Capital Expenditures | $60K+215.8% | $19K+90.0% | $10K-9.1% | $11K-83.8% | $68K-50.4% | $137K+29.2% | $106K-6.2% | $113K |
| Free Cash Flow | $3.6M-0.2% | $3.6M+2191.2% | -$171K-107.2% | $2.4M+817.8% | $259K-48.1% | $499K+131.3% | -$1.6M-298.8% | $803K |
| Investing Cash Flow | -$1.4M-7331.6% | -$19K-90.0% | -$10K+9.1% | -$11K+83.8% | -$68K+50.4% | -$137K-29.2% | -$106K+6.2% | -$113K |
| Financing Cash Flow | -$34K | $0+100.0% | -$50K-107.1% | $705K | $0 | $0+100.0% | -$71K-7000.0% | -$1K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
TACT Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 49.8%+1.6pp | 48.2%-0.5pp | 48.7%+4.5pp | 44.2%-3.9pp | 48.1%-4.6pp | 52.7%+0.1pp | 52.6%+4.6pp | 48.0% |
| Operating Margin | 0.1%+2.0pp | -1.9%-1.8pp | -0.1%+10.1pp | -10.3%-2.6pp | -7.7%-3.9pp | -3.8%+8.4pp | -12.2%-8.2pp | -3.9% |
| Net Margin | 0.1%+1.1pp | -1.0%-1.2pp | 0.1%+77.9pp | -77.8%-72.7pp | -5.1%-2.3pp | -2.8%+6.9pp | -9.7%-9.2pp | -0.5% |
| Return on Equity | 0.1% | N/A | 0.1% | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 0.0%+0.4pp | -0.3%-0.4pp | 0.0%+18.1pp | -18.1%-17.0pp | -1.1%-0.5pp | -0.6%+1.4pp | -2.0%-1.9pp | -0.1% |
| Current Ratio | 3.05-0.0 | 3.08+0.0 | 3.05+0.1 | 2.98-0.3 | 3.32-0.1 | 3.45+0.3 | 3.12+0.1 | 3.01 |
| Debt-to-Equity | 0.420.0 | 0.420.0 | 0.43-0.0 | 0.44+0.1 | 0.320.0 | 0.31-0.0 | 0.35-0.0 | 0.38 |
| FCF Margin | 27.1%+1.2pp | 25.9%+27.2pp | -1.3%-24.5pp | 23.2%+20.9pp | 2.4%-1.9pp | 4.3%+19.2pp | -14.9%-21.0pp | 6.0% |
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Frequently Asked Questions
What is Transact Tech's annual revenue?
Transact Tech (TACT) reported $43.4M in total revenue for fiscal year 2024. This represents a -40.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Transact Tech's revenue growing?
Transact Tech (TACT) revenue declined by 40.3% year-over-year, from $72.6M to $43.4M in fiscal year 2024.
Is Transact Tech profitable?
No, Transact Tech (TACT) reported a net income of -$9.9M in fiscal year 2024, with a net profit margin of -22.7%.
What is Transact Tech's earnings per share (EPS)?
Transact Tech (TACT) reported diluted earnings per share of $-0.99 for fiscal year 2024. This represents a -310.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Transact Tech's EBITDA?
Transact Tech (TACT) had EBITDA of -$2.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Transact Tech's gross margin?
Transact Tech (TACT) had a gross margin of 49.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Transact Tech's operating margin?
Transact Tech (TACT) had an operating margin of -8.4% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Transact Tech's net profit margin?
Transact Tech (TACT) had a net profit margin of -22.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Transact Tech's free cash flow?
Transact Tech (TACT) generated $1.5M in free cash flow during fiscal year 2024. This represents a -66.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Transact Tech's operating cash flow?
Transact Tech (TACT) generated $1.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Transact Tech's total assets?
Transact Tech (TACT) had $44.0M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Transact Tech's capital expenditures?
Transact Tech (TACT) invested $322K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Transact Tech spend on research and development?
Transact Tech (TACT) invested $7.0M in research and development during fiscal year 2024.
How many shares does Transact Tech have outstanding?
Transact Tech (TACT) had 10M shares outstanding as of fiscal year 2024.
What is Transact Tech's current ratio?
Transact Tech (TACT) had a current ratio of 2.98 as of fiscal year 2024, which is generally considered healthy.
What is Transact Tech's debt-to-equity ratio?
Transact Tech (TACT) had a debt-to-equity ratio of 0.44 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Transact Tech's return on assets (ROA)?
Transact Tech (TACT) had a return on assets of -22.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Transact Tech's Piotroski F-Score?
Transact Tech (TACT) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Transact Tech's earnings high quality?
Transact Tech (TACT) has an earnings quality ratio of -0.19x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Transact Tech cover its interest payments?
Transact Tech (TACT) has an interest coverage ratio of -11.3x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Transact Tech?
Transact Tech (TACT) scores 42 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.