UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________. Commission file number: 0-21121 | Delaware | 06-1456680 | | --- | --- | | (State or Other Jurisdiction of Incorporation o ...

Financial Data and Key Metrics Changes - Adjusted EBITDA for the quarter improved to $4.5 million compared to an adjusted EBITDA loss of $5.1 million for the first quarter last year [1] - Total net sales for the first quarter were $22.3 million, up 130% compared to $9.7 million in the year-ago period [29] - Operating income was $3.8 million or 17.1% of net sales in the first quarter of '23 compared to an operating loss of $5.6 million in the prior-year period [45] - Net income recorded was $3.1 million or $0.31 per diluted share compared to a net loss of $4.4 million or a loss of $0.44 per diluted share in the year-ago period [45] Business Line Data and Key Metrics Changes - Sales from the food service technology market (FST) for the first quarter were $3.5 million, up 62% compared to $2.1 million in the prior year period [29] - Casino and gaming sales reached a quarterly record high of $15.8 million, up 232% from the first quarter of '22 [43] - TransAct Services Group (TSG) sales were down 20% year over year to $1.2 million, largely due to lower sales of spare parts for legacy lottery printers [44] - Recurring FST sales were $2.3 million, up 49% compared to $1.6 million in the prior year period [66] Market Data and Key Metrics Changes - Domestic casino gaming sales were up 315% and international sales up 115% year over year [43] - The company ended the quarter with 12,733 terminals in the marketplace, a 26% year-over-year increase from 10,127 [26] - RPU for the first quarter of '23 was $764, up 20% compared to $638 in the first quarter of '22 [66] Company Strategy and Development Direction - The company is focusing on enhancing its go-to-market strategy, particularly for the BOHA! platform, with an emphasis on training and sales organization improvements [24][37] - The company aims to leverage its core competencies to build competitive advantages in the market [11] - Adjustments to product positioning and sales strategies are expected to result in positive changes in customer perception and adoption of the BOHA! platform [37] Management's Comments on Operating Environment and Future Outlook - Management anticipates a normalization of the casino and gaming market in the back half of the year, which may negatively impact sales and gross margin [1] - The company expects to see a moderation in casino and gaming sales in the latter half of the year [27] - Management believes that while competitive dynamics may change, a portion of the market share gained will be sticky [30] Other Important Information - The company finished the quarter with $6.4 million of cash on hand and $2.25 million of outstanding borrowings under its revolving credit facility [69] - Operating expenses for the first quarter increased 3% to $8.4 million, reflecting a return to more normalized levels of travel and marketing [31] Q&A Session Summary Question: Update on casino printer business and backlog - Management confirmed they are in a good position and have delivered all scheduled orders for the first quarter [47] Question: Changes and improvements in BOHA! Terminal 2 - The new terminal features enhancements such as a better screen and faster performance, with positive feedback from demonstrations [48][81] Question: Approach to large convenience store customer and franchisor - Management indicated that the large convenience store is purchasing equipment again and that the franchisor is satisfied with the company's progress [75] Question: Strategy for upgrading existing customers to BOHA! Terminal 2 - Management noted that while the 9700 terminals are performing well, they are actively approaching customers for upgrades [90][91]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number: 0-21121 TRANSACT TECHNOLOGIES INC (Exact name of registrant as specified in its charter) Delaware 06-1456680 (Stat ...

Financial Data and Key Metrics Changes - Total revenue for Q4 2022 was $18 million, up 61% from $11.1 million in the prior year period, and for the full year, total revenue grew by almost 48% to just over $58 million, the highest since 2015 [19][28] - Gross margin for Q4 was 45.8%, compared to 38.7% in the prior year, and full year gross margin was 42%, up from 39.1% in 2021 [20][57] - Operating expenses for Q4 increased 12% to $7.7 million, while for the full year, they were $32.1 million, up 30% from 2021 [20][57] - The company recorded a net income of $260,000 in Q4 2022, compared to a net loss of $823,000 in the prior year, and for the full year, a net loss of $5.9 million compared to a loss of $4 million in 2021 [57] Business Line Data and Key Metrics Changes - Casino and gaming market revenue for Q4 was nearly $11 million, up 123% year-over-year, and for the full year, it increased approximately 96% to $30 million [19][36] - FST (Food Service Technology) sales for Q4 were $3.1 million, down 13% from the prior year, and for the full year, FST sales were $12.4 million, down 2% [28][57] - Recurring FST revenue for Q4 was $2.4 million, up 14% year-over-year, and for the full year, it was $8.7 million, up 18% [55] Market Data and Key Metrics Changes - International sales in the casino and gaming sector were up 108% year-over-year, while domestic sales increased by 131% [55] - The company is experiencing strong demand in the SMB market, having closed deals with at least two SMB restaurant chains in Q1 [26] Company Strategy and Development Direction - The company is focusing on maintaining relationships with customers and managing expectations due to high demand and supply chain challenges [2] - There is a strategic emphasis on the labeling solutions in the restaurant industry, targeting labor and food cost savings [8][78] - The company plans to increase production capacity with the addition of a fourth production line to meet ongoing demand [11][27] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the continued strength of the casino and gaming market, projecting growth for 2023 [53] - The company anticipates total revenues for 2023 to be between $70 million and $72 million, with adjusted EBITDA expected between $5.2 million and $5.4 million [35][57] - Management acknowledged the challenges posed by inflation and labor shortages in the restaurant sector but remains optimistic about the potential for growth [8][78] Other Important Information - The company has successfully navigated supply chain issues and is now focusing on ramping up production to meet demand [43][72] - The company is also seeing increased interest in its TSG (TransAct Services Group) sales, which are expected to grow in 2023 due to demand for spare parts [56] Q&A Session Summary Question: Insights on guidance for 2023 - Management provided guidance for 2023, indicating confidence based on current visibility and backlog levels [68][72] Question: Update on large QSR customer rollout - Management clarified that they are working with large C-stores and have seen new orders come in, indicating a positive trend [60] Question: Component supply challenges - Management noted that while some supply issues remain, they have largely overcome the major challenges faced previously [61] Question: Confidence in providing guidance - Management attributed their confidence to improved visibility and strong demand from casino customers, who are placing orders well in advance [72][77]

5 • Successful expansion to the "back-of-house" with our BOHA! platform is a game changer for the market Note: Sample of FST customers SAFE HARBOR Certain statements in this press release include forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology, such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "project", "plan", "design" or "continue", or the negative thereof, or other similar words. All forward-lookin ...

(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Address of Principal Executive Offices) (Zip Code) For the quarterly period ended: September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________. Commission file number: 0-21121 TRANSACT TECHNOLOGIES INC (Exact ...

TransAct Technologies Incorporated (NASDAQ:TACT) Q3 2022 Earnings Conference Call November 11, 2022 4:30 PM ET Company Participants Ryan Gardella - Investor Relations, ICR, Inc. Bart Shuldman - CEO Steve DeMartino - President and CFO Conference Call Participants Jeff Martin - ROTH Capital Partners George Sutton - Craig-Hallum Mitchell Sacks - GS Asset Management Operator Good day and welcome to the TransAct Technologies Third Quarter 2022 Earnings Conference Call. Today’s conference is being recorded. At th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________. Commission file number: 0-21121 TRANSACT TECHNOLOGIES INC (Exact name of registrant as specified in its charter) Delaware ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________. Commission file number: 0-21121 TRANSACT TECHNOLOGIES INC (Exact name of registrant as specified in its charter) Delaware ...

TransAct Technologies Incorporated (NASDAQ:TACT) Q1 2022 Earnings Conference Call May 10, 2022 4:30 PM ET Company Participants Ryan Gardella - Investor Relations Bart Shuldman - Chief Executive Officer Steve DeMartino - President and Chief Financial Officer Conference Call Participants Chris Howe - Barrington Research Jeff Martin - ROTH Capital Partners Chris Sakai - Singular Research Operator Good day and welcome to the TransAct Technologies First Quarter 2022 Earnings Call. Today’s conference is being rec ...