Table Trac, Inc. Reports 2025 Third Quarter Earnings
Rhea-AI Summary
Table Trac (OTCQX: TBTC) reported third-quarter results for the three and nine months ended September 30, 2025 on Nov 14, 2025. Maintenance revenue rose 6.3% to $1.47M in Q3 2025 from $1.38M in Q3 2024. Q3 net income was $58,352 (basic and diluted EPS $0.01) versus $292,379 (EPS $0.06) in Q3 2024. For the nine months ended Sept 30, 2025, net income to common stockholders was $985,374 (basic EPS $0.21) versus $1,110,610 (EPS $0.24) in 2024. The company has a system contract in backlog expected to be installed in Q1 2026 and signed one new contract as of the filing date.
Positive
- Contract backlog with installation expected in Q1 2026
- New contract signed as of the filing date
Negative
- Q3 net income fell to $58,352 from $292,379 year-over-year
- Q3 basic and diluted EPS declined to $0.01 from $0.06
- Nine-month net income declined to $985,374 from $1,110,610
News Market Reaction 1 Alert
On the day this news was published, TBTC declined 16.17%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
MINNETONKA, Minn., Nov. 14, 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 nine months ending September 30, 2025.
The 10-Q can be found @ http://www.sec.gov
Third Quarter 2025 Highlights
- The Company had a customer with a system contract in backlog as of September 30, 2025. The Company anticipates that this contract will be installed during the first quarter of 2026. In addition, as of the filing date of this report, the Company signed one new contract.
Third Quarter 2025 Financial Results
- Maintenance revenues increased
6.3% from$1.38M in 2024 to$1.47M 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 September 30, 2025 and 2024:
| For the Three Months Ended | ||||||
| September 30, | ||||||
| 2025 | 2024 | |||||
| Basic and diluted earnings per share calculation: | ||||||
| Net income | $ | 58,352 | $ | 292,379 | ||
| Weighted average number of common shares outstanding - basic | 4,601,110 | 4,575,068 | ||||
| Basic net income per share | $ | 0.01 | $ | 0.06 | ||
| Weighted average number of common shares outstanding - diluted | 4,676,672 | 4,622,938 | ||||
| Diluted net income per share | $ | 0.01 | $ | 0.06 | ||
The following table provides a reconciliation of the numerators and denominators used in calculating basic and diluted earnings per share for the nine months ended September 30, 2025 and 2024:
| For the Nine Months Ended | ||||||
| September 30, | ||||||
| 2025 | 2024 | |||||
| Basic and diluted earnings per share calculation: | ||||||
| Net income to common stockholders | $ | 985,374 | $ | 1,110,610 | ||
| Weighted average number of common shares outstanding - basic | 4,592,638 | 4,575,068 | ||||
| Basic net income per share | $ | 0.21 | $ | 0.24 | ||
| Weighted average number of common shares outstanding - diluted | 4,657,538 | 4,621,840 | ||||
| Diluted net income per share | $ | 0.21 | $ | 0.24 | ||
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
What were Table Trac (TBTC) Q3 2025 earnings and EPS?
How did Table Trac (TBTC) maintenance revenue perform in Q3 2025?
What is the status of Table Trac's (TBTC) contract backlog and timing?
Did Table Trac (TBTC) sign any new contracts in the filing period?
How did Table Trac (TBTC) nine-month 2025 net income compare to 2024?
