Table Trac, Inc. Reports 2025 Third Quarter Earnings

Core Insights - Table Trac, Inc. reported financial results for Q3 and the first nine months of 2025, highlighting a backlog of contracts and new contract signings [1][2] Financial Performance - Maintenance revenues increased by 6.3%, rising from $1.38 million in 2024 to $1.47 million in 2025 [2] - For Q3 2025, net income was $58,352, a decrease from $292,379 in Q3 2024, resulting in basic and diluted earnings per share of $0.01, down from $0.06 in the previous year [2] - For the nine months ended September 30, 2025, net income to common stockholders was $985,374, compared to $1,110,610 in the same period of 2024, with basic and diluted earnings per share at $0.21, down from $0.24 [2] Company Overview - Founded in 1995, Table Trac, Inc. specializes in developing, selling, and leasing information and management systems for casinos, providing technical support [3] - The CasinoTrac system is designed to be secure, scalable, and flexible, compatible with most third-party software and hardware [3] - The company has a patented real-time system that automates and monitors casino gaming table operations [4] Market Presence - Table Trac's systems are installed in over 300 casinos worldwide, with ongoing support and maintenance contracts with more than 115 casino operators [5] - The company is focused on increasing market share by expanding product offerings and introducing new system features [5]