Other OTC:TBTC
Table Trac, Inc. Reports 2023 First Quarter Earnings
MINNETONKA, Minn., May 12, 2023 (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, 2023.
The 10-Q can be found @ http://www.sec.gov
First Quarter 2023 Highlights
- The Company installed one system at a new customer location, expanded the services at an existing customer and our distributors expanded our system in new and current locations during the quarter.
- The Company had five customer contracts in backlog as of March 31, 2023. The company anticipates that the majority of these contracts will be installed in the next two quarters. As of the filing date of this report, the Company has signed two new contracts with an existing customer.
First Quarter 2023 Financial Results
Maintenance revenue for the quarter was $1.2M compared to $799K in 2022, an increase of approximately 51%.
Service and other revenue for the quarter was $274K compared to $177K in 2022, an increase of approximately 58%.
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, 2023 and 2022:
| For the Three Months Ended | |||||
| March 31, | |||||
| 2023 | 2022 | ||||
| Basic and diluted earnings per share calculation: | |||||
| Net income | $ | 335,861 | $ | 1,261,840 | |
| Weighted average number of common shares outstanding – basic | 4,551,988 | 4,521,988 | |||
| Basic net income per share | $ | 0.07 | $ | 0.28 | |
| Weighted average number of common shares outstanding – diluted | 4,626,930 | 4,596.037 | |||
| Diluted net income per share | $ | 0.07 | $ | 0.27 | |
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. designs, develops and sells casino information and management systems. The company has systems installed in North, South, and Central America, as well as Australia and the Caribbean. More information is available at http://www.tabletrac.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
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Other OTC:TBTC
Table Trac Announces Quarterly Dividend
MINNETONKA, Minn., Nov. 07, 2025 (GLOBE NEWSWIRE) — On November 7, 2025, The Board of Directors of Table Trac Inc. (the “Company”) (OTCQX: TBTC) approved a cash dividend on the Company’s common stock of $0.02 per share. The dividend is payable on December 12, 2025, to shareholders of record at the close of business on November 28, 2025.
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.tabletrac.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
Table Trac, Inc.
952-548-8877
Other OTC:TBTC
Table Trac, Inc. Reports 2025 Second Quarter Earnings
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
Other OTC:TBTC
Table Trac Announces Quarterly Dividend
MINNETONKA, Minn., Aug. 11, 2025 (GLOBE NEWSWIRE) — – On August 7, 2025, The Board of Directors of Table Trac Inc. (the “Company”) (OTCQX: TBTC) approved a cash dividend on the Company’s common stock of $0.02 per share. The dividend is payable on September 12, 2025, to shareholders of record at the close of business on August 29, 2025.
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.tabletrac.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
Table Trac, Inc.
952-548-8877
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