Table Trac, Inc. Reports 2025 First Quarter Earnings
Table Trac (OTCQX: TBTC), a casino management systems provider, reported strong Q1 2025 financial results. System revenue surged to $1.56M from $305K in Q1 2024, while maintenance revenue grew to $1.5M from $1.3M. The company's net income increased significantly to $782,239 compared to $11,661 in the same period last year, resulting in diluted EPS of $0.17.
During Q1, Table Trac installed five new systems and expanded services at three existing customers. The company has two system contracts in backlog expected to be installed in Q2 2025, and has already signed two new contracts post-quarter. Table Trac's systems are currently installed in over 300 casinos worldwide through 115 casino operators.
Table Trac (OTCQX: TBTC), fornitore di sistemi di gestione per casinò, ha riportato risultati finanziari solidi per il primo trimestre 2025. I ricavi dai sistemi sono aumentati significativamente, raggiungendo 1,56 milioni di dollari rispetto ai 305 mila dollari del primo trimestre 2024, mentre i ricavi da manutenzione sono cresciuti a 1,5 milioni di dollari rispetto a 1,3 milioni. L'utile netto dell'azienda è aumentato notevolmente, attestandosi a 782.239 dollari rispetto a 11.661 nello stesso periodo dell'anno precedente, con un utile diluito per azione di 0,17 dollari.
Nel corso del primo trimestre, Table Trac ha installato cinque nuovi sistemi e ampliato i servizi presso tre clienti già esistenti. L'azienda ha due contratti per sistemi in backlog che si prevede saranno installati nel secondo trimestre 2025 e ha già firmato due nuovi contratti dopo la chiusura del trimestre. I sistemi di Table Trac sono attualmente installati in oltre 300 casinò in tutto il mondo tramite 115 operatori di casinò.
Table Trac (OTCQX: TBTC), proveedor de sistemas de gestión para casinos, reportó sólidos resultados financieros en el primer trimestre de 2025. Los ingresos por sistemas aumentaron considerablemente a $1.56 millones desde $305 mil en el primer trimestre de 2024, mientras que los ingresos por mantenimiento crecieron a $1.5 millones desde $1.3 millones. La utilidad neta de la compañía aumentó significativamente a $782,239 en comparación con $11,661 en el mismo período del año anterior, resultando en una utilidad diluida por acción de $0.17.
Durante el primer trimestre, Table Trac instaló cinco nuevos sistemas y amplió los servicios en tres clientes existentes. La empresa tiene dos contratos de sistemas en cartera que se espera se instalen en el segundo trimestre de 2025, y ya ha firmado dos nuevos contratos después del trimestre. Los sistemas de Table Trac están instalados actualmente en más de 300 casinos en todo el mundo a través de 115 operadores de casinos.
카지노 관리 시스템 제공업체인 Table Trac(OTCQX: TBTC)는 2025년 1분기에 강력한 재무 실적을 보고했습니다. 시스템 매출은 2024년 1분기 30만 5천 달러에서 156만 달러로 급증했으며, 유지보수 매출은 130만 달러에서 150만 달러로 증가했습니다. 회사의 순이익은 782,239달러로 크게 증가했으며, 이는 전년 동기 11,661달러와 비교되어 희석 주당순이익은 0.17달러를 기록했습니다.
1분기 동안 Table Trac은 다섯 개의 신규 시스템을 설치하고 세 개 기존 고객의 서비스도 확장했습니다. 회사는 2025년 2분기에 설치될 예정인 두 개의 시스템 계약을 백로그로 보유하고 있으며, 분기 이후 두 개의 신규 계약도 이미 체결했습니다. Table Trac의 시스템은 현재 전 세계 115개 카지노 운영자를 통해 300개 이상의 카지노에 설치되어 있습니다.
Table Trac (OTCQX : TBTC), fournisseur de systèmes de gestion pour casinos, a publié de solides résultats financiers pour le premier trimestre 2025. Les revenus des systèmes ont bondi à 1,56 million de dollars contre 305 000 dollars au premier trimestre 2024, tandis que les revenus de maintenance ont augmenté à 1,5 million de dollars contre 1,3 million. Le bénéfice net de la société a fortement augmenté pour atteindre 782 239 dollars contre 11 661 dollars sur la même période l'année précédente, entraînant un BPA dilué de 0,17 dollar.
Au cours du premier trimestre, Table Trac a installé cinq nouveaux systèmes et étendu ses services chez trois clients existants. La société dispose de deux contrats système en attente, dont l'installation est prévue pour le deuxième trimestre 2025, et a déjà signé deux nouveaux contrats après la fin du trimestre. Les systèmes de Table Trac sont actuellement installés dans plus de 300 casinos à travers le monde via 115 opérateurs de casinos.
Table Trac (OTCQX: TBTC), ein Anbieter von Casino-Management-Systemen, meldete starke Finanzergebnisse für das erste Quartal 2025. Die Systemerlöse stiegen von 305.000 USD im ersten Quartal 2024 auf 1,56 Mio. USD, während die Wartungserlöse von 1,3 Mio. USD auf 1,5 Mio. USD zunahmen. Der Nettogewinn des Unternehmens stieg deutlich auf 782.239 USD im Vergleich zu 11.661 USD im gleichen Zeitraum des Vorjahres, was zu einem verwässerten Ergebnis je Aktie von 0,17 USD führte.
Im ersten Quartal installierte Table Trac fünf neue Systeme und erweiterte die Dienstleistungen bei drei bestehenden Kunden. Das Unternehmen hat zwei Systemverträge im Rückstand, die voraussichtlich im zweiten Quartal 2025 installiert werden, und hat nach Quartalsende bereits zwei neue Verträge unterzeichnet. Die Systeme von Table Trac sind derzeit in über 300 Casinos weltweit bei 115 Casino-Betreibern installiert.
- Net income surged to $782,239 from $11,661 year-over-year
- System revenue increased significantly to $1.56M from $305K
- Maintenance revenue grew to $1.5M from $1.3M
- Secured 5 new system installations and 3 service expansions
- Signed two new contracts after Q1
- None.
MINNETONKA, Minn., May 13, 2025 (GLOBE NEWSWIRE) -- Table Trac, Inc. (OTCQX: TBTC), a developer and provider of casino information and management systems that automate and monitor the operations of casinos, announced financial results for the three months ending March 31, 2025.
The 10-Q can be found @ http://www.sec.gov
First Quarter 2025 Highlights
- The Company installed five systems at new customer locations and expanded the services at three of our existing customers.
- The Company had two customers with system contracts in backlog as of March 31, 2025. The company anticipates that all of these contracts will be installed during the second quarter of 2025. As of the filing date of this report, the Company signed two new contracts.
First Quarter 2025 Financial Results
- System revenue increased from
$305 k in 2024 to approximately$1.56M in 2025. - Maintenance revenues increased from
$1.3M in 2024 to approximately$1.5M in 2025. - Other income increased
6.7% qtr. vs qtr.
The following table provides a reconciliation of the numerators and denominators used in calculating basic and diluted earnings per share for the three months ended March 31, 2025 and 2024:
| For the Three Months Ended | ||||||
| March 31, | ||||||
| 2025 | 2024 | |||||
| Basic and diluted earnings per share calculation: | ||||||
| Net income | $ | 782,239 | $ | 11,661 | ||
| Weighted average number of common shares outstanding - basic | 4,576,669 | 4,574,365 | ||||
| Basic net income per share | $ | 0.17 | $ | 0.00 | ||
| Weighted average number of common shares outstanding - diluted | 4,652,073 | 4,601,471 | ||||
| Diluted net income per share | $ | 0.17 | $ | 0.00 | ||
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. develops, sells and leases information and management systems and provides technical support to casinos. The open architecture of CasinoTrac is designed to provide operators with a secure, scalable, and flexible system that interconnects and operates with most third-party software and hardware. Key products and services include modules that drive player tracking programs, kiosk promotions, and provide vault and cage controls. The Company’s systems are designed to meet strict auditing, accounting and regulatory requirements applicable to the gaming industry.
Additionally, the Company has developed a patented, real-time system that automates and monitors the operations of casino gaming tables.
The Company’s suite of management systems and kiosks are installed with on-going support and maintenance contracts in over 115 casino operators in over 300 casinos worldwide. The Company continues to increase its market share by expanding its product offerings to include new system features, and ancillary products. More information is available at http://www.casinotrac.com/.
Forward Looking Statements
This press release contains forward-looking statements that involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission.
For more information:
Randy Gilbert, CFO
Table Trac, Inc.
952-548-8877
FAQ
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