Table Trac, Inc. Reports 2025 Second Quarter Earnings

Financial Performance - Table Trac, Inc. reported a 19.4% increase in maintenance revenues, rising from $1.32 million in Q2 2024 to $1.58 million in Q2 2025 [1] - Net income for Q2 2025 was $144,782, a decrease from $806,570 in Q2 2024 [1] - Basic and diluted net income per share for Q2 2025 was $0.03, down from $0.18 in Q2 2024 [1] - For the six months ended June 30, 2025, net income to common stockholders was $927,021, compared to $818,231 in the same period of 2024 [1] - Basic and diluted net income per share for the first half of 2025 was $0.20, up from $0.18 in the first half of 2024 [1] Company Overview - Founded in 1995, Table Trac, Inc. develops, sells, and leases information and management systems for casinos, providing technical support [2] - The company's CasinoTrac system is designed to be secure, scalable, and flexible, compatible with most third-party software and hardware [2] - Table Trac has installed systems at over 115 casino operators in more than 300 casinos worldwide [4] Product and Market Development - The company has developed a patented real-time system that automates and monitors casino gaming table operations [3] - As of June 30, 2025, Table Trac had two customers with system contracts in backlog, expected to be installed in Q3 2025 [2] - The company signed one new contract as of the filing date of the report [2]