BOHA! Restaurant Solutions - The restaurant solutions market represents the single greatest revenue opportunity in TransAct's history[7] - The total addressable market for BOHA! exceeds $1 billion in hardware, software, services, and label sales[7, 29] - TransAct has signed agreements related to BOHA! that generate approximately $3 million in annual recurring revenue, with a total sales opportunity of up to $120 million[34] Casino & Gaming - The Casino and Gaming printer business provides a strong financial foundation for TransAct's ongoing investments in its Restaurant Solutions business[51] - Epic Edge is the next-generation casino and gaming printer, offering a more than 2x improvement over current printers with 300 DPI print resolution[53] Financial Performance (3Q19) - Net sales were $117 million, compared to $158 million in 3Q18[60] - Gross profit was $55 million, with a gross margin of 475%, compared to $80 million and 505% in 3Q18[60] - Net income was $04 million, or $005 per diluted share, compared to $26 million, or $033 per diluted share in 3Q18[60] - Restaurant solutions net sales were $1951 thousand, compared to $1481 thousand in 3Q18[59] - Casino and gaming net sales were $5074 thousand, compared to $8267 thousand in 3Q18[59] - EBITDA was $05 million, and Adjusted EBITDA was $07 million[59] Market Opportunity - The total foodservice market includes 1,399,658 potential contact points[30] - This includes 762,715 restaurants and bars, 202,397 retailers, 148,856 travel & leisure locations, 237,850 noncommercial locations, and 47,840 all other foodservice locations[19, 21, 23, 25, 27]
TransAct Technologies (TACT) Investor Presentation - Slideshow