Table Trac, Inc. Reports Third Quarter Earnings for 2025
Table Trac, Inc. (OTCQX: TBTC), a leading developer of sophisticated casino management systems, has released its financial results for the third quarter of 2025. This Minnesota-based company specializes in automating and monitoring casino operations, ensuring efficiency and security in gaming environments. The recent results reflect the company’s commitment to growth and innovation in the gaming technology sector.
Notable Highlights from Q3 2025
During the third quarter, Table Trac saw considerable developments:
- As of September 30, there was one customer contract related to system upgrades still in the backlog. Installation is expected in the first quarter of the following year. Additionally, the company secured one new contract, marking a positive growth trajectory.
Financial Results for Q3 2025
The company's financial performance showed resilience, with specific attention drawn to its maintenance revenue, which experienced a year-over-year growth of 6.3%, increasing from $1.38 million in 2024 to $1.47 million in 2025. Such growth emphasizes the reliability and appeal of Table Trac’s offerings in the competitive casino tech space.
Here’s a closer look at the earnings per share calculations:
- Net income for the third quarter was reported at $58,352 compared to $292,379 in the previous year.
- The basic earnings per share stood at $0.01 for 2025, reflecting a slight decrease from $0.06 in 2024.
- Weighted average common shares outstanding for basic calculations were 4,601,110 in 2025 against 4,575,068 in 2024.
Looking at the Nine-Month Performance
Over the nine months leading up to September 30, the company reported:
- Net income totaled $985,374 compared to $1,110,610 for the same period in the previous year.
- Basic net income per share was reported at $0.21 for 2025, down from $0.24 in 2024.
- The weighted average common shares outstanding were noted at 4,592,638 for the nine-month period in 2025 compared to 4,575,068 in 2024.
About Table Trac, Inc.
Table Trac, founded in 1995, has carved a niche in the development and provision of management systems and technical support for casinos. Their flagship product, CasinoTrac, is designed with an open architecture that allows seamless integration with various software and hardware systems. This flexibility is essential for casinos seeking to enhance their operational efficiency and regulatory compliance.
The suite of products from Table Trac includes modules for player tracking, promotions via kiosks, and comprehensive controls for vault and cage operations. By adhering to stringent auditing and regulatory standards, Table Trac ensures its systems meet the complex needs of modern gaming establishments.
Innovatively, Table Trac has introduced a patented system that automates and constantly monitors casino gaming operations, pushing the envelope in technology within the gaming industry.
The company’s influence spans across more than 115 operators and over 300 casinos worldwide, where they provide ongoing support and maintenance under various contracts. Their continuous expansion efforts include enhancing existing products and introducing new features that cater to the evolving landscape of casino management.
Contact Information
For further inquiries, please reach out to:
Randy Gilbert, CFO
Table Trac, Inc.
Phone: 952-548-8877
Frequently Asked Questions
What financial results did Table Trac, Inc. report for Q3 2025?
Table Trac, Inc. reported a net income of $58,352 for Q3 2025, with maintenance revenues increasing to $1.47 million.
How has Table Trac's revenue changed compared to last year?
Maintenance revenue increased by 6.3% from the previous year's $1.38 million to $1.47 million in Q3 2025.
What is the significance of the system contract backlog?
One contract in backlog is expected to be operational in Q1 of 2026, indicating future growth for Table Trac's services.
How does Table Trac maintain its competitive edge?
The company’s innovative product offerings and technological integrations keep them competitive in the casino management industry.
Who can I contact for more information about Table Trac?
For inquiries, you can contact Randy Gilbert, CFO at Table Trac, Inc. via phone at 952-548-8877.
