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 casin貌, ha comunicato i risultati finanziari del secondo trimestre 2025. L'utile netto 猫 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 猫 migliorato a $927,021 rispetto a $818,231 nello stesso periodo del 2024. La societ脿 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 gesti贸n para casinos, inform贸 sus resultados financieros del segundo trimestre de 2025. El beneficio neto disminuy贸 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 mejor贸 a $927,021 frente a $818,231 en el mismo periodo de 2024. La compa帽铆a instal贸 un sistema nuevo durante el Q2 y tiene dos contratos de clientes en cartera que se espera se instalen en el Q3 de 2025. Adem谩s, Table Trac firm贸 un contrato nuevo a la fecha del reporte.
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2025雲� 靸侂皹旮办棎電� 靾滌澊鞚奠澊 $927,021鞙茧 臧滌劆霅橃柎 2024雲� 臧欖潃 旮瓣皠鞚� $818,231氤措嫟 歃濌皜頄堨姷雼堧嫟. 須岇偓電� 2攵勱赴鞐� 鞁犼窚 鞁滌姢韰� 1瓯挫潉 靹れ箻頄堨溂氅�, Q3 2025鞐� 靹れ箻霅� 瓴冹溂搿� 鞓堨儊霅橂姅 瓿犼皾 瓿勳暯 2瓯挫澊 靾橃＜ 鞛旉碃搿� 雮晞 鞛堨姷雼堧嫟. 霕愴暅 鞝滌稖鞚� 旮办鞙茧 Table Trac電� 鞁犼窚 瓿勳暯 1瓯挫潉 觳搓舶頄堨姷雼堧嫟.
Table Trac (OTCQX: TBTC), fournisseur de syst猫mes de gestion pour casinos, a publi茅 ses r茅sultats du deuxi猫me trimestre 2025. Le r茅sultat net a diminu茅 脿 $144,782 contre $806,570 au T2 2024, tandis que les revenus de maintenance ont augment茅 de 19,4% pour atteindre $1.58M contre $1.32M en glissement annuel.
Pour le premier semestre 2025, le r茅sultat net s'est am茅lior茅 脿 $927,021 compar茅 脿 $818,231 sur la m锚me p茅riode en 2024. La soci茅t茅 a install茅 un nouveau syst猫me au cours du T2 et dispose de deux contrats clients en carnet qui devraient 锚tre install茅s au T3 2025. De plus, Table Trac a sign茅 un nouveau contrat 脿 la date du d茅p么t.
Table Trac (OTCQX: TBTC), ein Anbieter von Casino-Management-Systemen, ver枚ffentlichte seine Quartalszahlen f眉r Q2 2025. Der Nettoertrag sank auf $144,782 gegen眉ber $806,570 im Q2 2024, w盲hrend die Wartungsums盲tze um 19,4% zunahmen und sich auf $1.58M gegen眉ber $1.32M im Vorjahreszeitraum beliefen.
F眉r das erste Halbjahr 2025 verbesserte sich der Nettoertrag auf $927,021 gegen眉ber $818,231 im gleichen Zeitraum 2024. Das Unternehmen installierte im Q2 ein neues System und hat zwei Kundenvertr盲ge im Backlog, die voraussichtlich im Q3 2025 installiert werden. Zus盲tzlich 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听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:
| 听 | 听 | ||||||
| 听 | For the Three Months Ended | ||||||
| 听 | June 30, | ||||||
| 听 | 2025 | 听 | 2024 | ||||
| Basic and diluted earnings per share calculation: | 听 | 听 | 听 | ||||
| Net income | $ | 144,782 | 听 | 听 | $ | 806,570 | 听 |
| Weighted average number of common shares outstanding - basic | 听 | 4,600,023 | 听 | 听 | 听 | 4,574,365 | 听 |
| Basic net income per share | $ | 0.03 | 听 | 听 | $ | 0.18 | 听 |
| Weighted average number of common shares outstanding - diluted | 听 | 4,660,492 | 听 | 听 | 听 | 4,627,039 | 听 |
| Diluted net income per share | $ | 0.03 | 听 | 听 | $ | 0.18 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
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:
| 听 | 听 | ||||||
| 听 | For the Six Months Ended | ||||||
| 听 | June 30, | ||||||
| 听 | 2025 | 听 | 2024 | ||||
| Basic and diluted earnings per share calculation: | 听 | 听 | 听 | ||||
| Net income to common stockholders | $ | 927,021 | 听 | 听 | $ | 818,231 | 听 |
| Weighted average number of common shares outstanding - basic | 听 | 4,588,355 | 听 | 听 | 听 | 4,574,365 | 听 |
| Basic net income per share | $ | 0.20 | 听 | 听 | $ | 0.18 | 听 |
| Weighted average number of common shares outstanding - diluted | 听 | 4,641,787 | 听 | 听 | 听 | 4,615,661 | 听 |
| Diluted net income per share | $ | 0.20 | 听 | 听 | $ | 0.18 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. develops,听sells and leases听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鈥檚 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鈥檚 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听.
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 was Table Trac's (TBTC) net income for Q2 2025?
How much did Table Trac's maintenance revenues grow in Q2 2025?
What was TBTC's earnings per share for Q2 2025?
How many new system installations does Table Trac have in its backlog?
What was Table Trac's net income for the first half of 2025?
