Table Trac, Inc. Reports 2025 Second Quarter Earnings
Table Trac (OTCQX: TBTC), a casino management systems provider, reported its Q2 2025 financial results. The company's net income decreased to $144,782 from $806,570 in Q2 2024, while maintenance revenues grew 19.4% to $1.58M from $1.32M year-over-year.
For the first half of 2025, net income improved to $927,021 compared to $818,231 in the same period of 2024. The company installed one new system during Q2 and has two customer contracts in backlog expected to be installed in Q3 2025. Additionally, Table Trac signed one new contract as of the filing date.
Table Trac (OTCQX: TBTC), fornitore di sistemi di gestione per casinò, ha comunicato i risultati finanziari del secondo trimestre 2025. L'utile netto è diminuito a $144,782 rispetto a $806,570 nel Q2 2024, mentre i ricavi da manutenzione sono aumentati del 19,4% a $1.58M da $1.32M su base annua.
Nel primo semestre 2025 l'utile netto è migliorato a $927,021 rispetto a $818,231 nello stesso periodo del 2024. La società ha installato un nuovo sistema durante il Q2 e ha due contratti clienti in backlog che si prevede saranno installati nel Q3 2025. Inoltre, Table Trac ha firmato un nuovo contratto alla data del deposito.
Table Trac (OTCQX: TBTC), proveedor de sistemas de gestión para casinos, informó sus resultados financieros del segundo trimestre de 2025. El beneficio neto disminuyó a $144,782 desde $806,570 en el Q2 de 2024, mientras que los ingresos por mantenimiento crecieron un 19,4% hasta $1.58M desde $1.32M interanual.
En la primera mitad de 2025, el beneficio neto mejoró a $927,021 frente a $818,231 en el mismo periodo de 2024. La compañía instaló un sistema nuevo durante el Q2 y tiene dos contratos de clientes en cartera que se espera se instalen en el Q3 de 2025. Además, Table Trac firmó un contrato nuevo a la fecha del reporte.
Table Trac (OTCQX: TBTC)는 카지노 관리 시스템 제공업체로, 2025년 2분기 실적을 발표했습니다. 회사의 순이익은 $144,782로 감소했으며, 이는 2024년 2분기의 $806,570에서 줄어든 수치입니다. 반면 유지보수 수익은 19.4% 증가하여 전년 동기 대비 $1.58M(기존 $1.32M)으로 상승했습니다.
2025년 상반기에는 순이익이 $927,021으로 개선되어 2024년 같은 기간의 $818,231보다 증가했습니다. 회사는 2분기에 신규 시스템 1건을 설치했으며, Q3 2025에 설치될 것으로 예상되는 고객 계약 2건이 수주 잔고로 남아 있습니다. 또한 제출일 기준으로 Table Trac는 신규 계약 1건을 체결했습니다.
Table Trac (OTCQX: TBTC), fournisseur de systèmes de gestion pour casinos, a publié ses résultats du deuxième trimestre 2025. Le résultat net a diminué à $144,782 contre $806,570 au T2 2024, tandis que les revenus de maintenance ont augmenté de 19,4% pour atteindre $1.58M contre $1.32M en glissement annuel.
Pour le premier semestre 2025, le résultat net s'est amélioré à $927,021 comparé à $818,231 sur la même période en 2024. La société a installé un nouveau système au cours du T2 et dispose de deux contrats clients en carnet qui devraient être installés au T3 2025. De plus, Table Trac a signé un nouveau contrat à la date du dépôt.
Table Trac (OTCQX: TBTC), ein Anbieter von Casino-Management-Systemen, veröffentlichte seine Quartalszahlen für Q2 2025. Der Nettoertrag sank auf $144,782 gegenüber $806,570 im Q2 2024, während die Wartungsumsätze um 19,4% zunahmen und sich auf $1.58M gegenüber $1.32M im Vorjahreszeitraum beliefen.
Für das erste Halbjahr 2025 verbesserte sich der Nettoertrag auf $927,021 gegenüber $818,231 im gleichen Zeitraum 2024. Das Unternehmen installierte im Q2 ein neues System und hat zwei Kundenverträge im Backlog, die voraussichtlich im Q3 2025 installiert werden. Zusätzlich hat Table Trac zum Zeitpunkt der Einreichung einen neuen Vertrag unterzeichnet.
- None.
- Q2 net income declined significantly to $144,782 from $806,570 year-over-year
- Only one system installation completed during Q2 2025
MINNETONKA, Minn., Aug. 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 and six months ending June 30, 2025.
The 10-Q can be found @ http://www.sec.gov
Second Quarter 2025 Highlights
- The Company installed one system at a new customer location.
- The Company had two customers with system contracts in backlog as of June 30, 2025. The company anticipates that these contracts will be installed during the third quarter of 2025. As of the filing date of this report, the Company signed one new contract.
Second Quarter 2025 Financial Results
- Maintenance revenues increased
19.4% from$1.32M in 2024 to$1.58M in 2025.
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 June 30, 2025 and 2024:
| For the Three Months Ended | |||||||
| June 30, | |||||||
| 2025 | 2024 | ||||||
| Basic and diluted earnings per share calculation: | |||||||
| Net income | $ | 144,782 | $ | 806,570 | |||
| Weighted average number of common shares outstanding - basic | 4,600,023 | 4,574,365 | |||||
| Basic net income per share | $ | 0.03 | $ | 0.18 | |||
| Weighted average number of common shares outstanding - diluted | 4,660,492 | 4,627,039 | |||||
| Diluted net income per share | $ | 0.03 | $ | 0.18 | |||
The following table provides a reconciliation of the numerators and denominators used in calculating basic and diluted earnings per share for the six months ended June 30, 2025 and 2024:
| For the Six Months Ended | |||||||
| June 30, | |||||||
| 2025 | 2024 | ||||||
| Basic and diluted earnings per share calculation: | |||||||
| Net income to common stockholders | $ | 927,021 | $ | 818,231 | |||
| Weighted average number of common shares outstanding - basic | 4,588,355 | 4,574,365 | |||||
| Basic net income per share | $ | 0.20 | $ | 0.18 | |||
| Weighted average number of common shares outstanding - diluted | 4,641,787 | 4,615,661 | |||||
| Diluted net income per share | $ | 0.20 | $ | 0.18 | |||
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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