TransAct Technologies Incorpora

4.7400+0.04 (+0.85%)

Oct 29, 4:00:00 PM EDT · NasdaqGM · TACT · USD

Upcoming Earnings

Report date

Nov 10, 2025 (in 11 days)

Key Stats

Market Cap

47.84M

P/E (TTM)

Basic EPS (TTM)

-0.86

Dividend Yield

Recent Filings

10-Q

Q2 FY2025 results

8/12/25Aug 12, 2025

TransAct Technologies posted solid Q2 momentum, with net sales climbing 19% year-over-year to $13.8M, fueled by a 42% surge in casino and gaming to $7.6M as customers normalized orders after clearing excess inventory, while food service technology rose 14% to $4.8M on new workstation wins. Gross margin dipped to 48.2% from 52.7%, hit by lower-margin hardware mix and inflation, yet operating loss narrowed to $0.3M from $0.4M, thanks to 6% lower expenses from cost cuts. Cash swelled to $17.7M, up from $14.4M at year-start, with free cash flow of $3.4M derived from $3.4M operating cash minus $0.03M capex; revolver holds steady at $3.0M with $1.6M availability and no covenant issues. Post-quarter, it snagged a $2.55M perpetual license for BOHA! source code to boost control. Tariffs on Thai imports pose pricing risks.

8-K

BOHA source code licensed

8/6/25Aug 6, 2025

TransAct Technologies secured a perpetual, royalty-free license to the BOHA software source code from Avery Dennison on August 5, 2025, for $2.55 million in milestone payments plus $1.007 million in transition services fees. This deal empowers the company to independently modify, host, and enhance its food service platform, cutting reliance on external licensing while enabling custom innovations. Transition milestones span code delivery to 90-day support. Yet risks loom if payments falter, clawing back ownership.

8-K

Annual meeting elects directors

6/2/25Jun 2, 2025

TransAct Technologies Incorporated's stockholders overwhelmingly elected John M. Dillon, Audrey P. Dunning, Daniel M. Friedberg, Randall S. Friedman, Emanuel P. N. Hilario, and Haydee Ortiz Olinger as directors at the May 29, 2025, annual meeting, with each receiving over 3.5 million 'for' votes amid 677,137 to 1,027,559 withheld. They ratified CBIZ CPAs P.C. as the 2025 independent auditor by a 7.1 million to 65,746 margin. Say-on-pay approval passed with 4.1 million in favor versus 400,597 against. Stockholders favored annual advisory votes on executive compensation.

10-Q

Q1 FY2025 results

5/14/25May 14, 2025

TransAct Technologies swung to a slim operating loss of $15 thousand in Q1 FY2025 ended March 31, 2025, a sharp improvement from $1.3 million the prior year, fueled by 22% revenue growth to $13.1 million—driven by 49% domestic casino and gaming sales rebound to $4.8 million as inventory normalized, plus 49% food service technology gains to $4.9 million from BOHA! Terminal 2 wins—while gross margin dipped to 48.7% from 52.6% on lower-margin hardware mix. Cost cuts slashed operating expenses 8% to $6.4 million, yielding net income of $19 thousand or $0.00 diluted EPS on 10.1 million shares, consistent with basic. Cash dipped slightly to $14.2 million amid $161 thousand operating outflow, offset by $1.8 million inventory drawdown; free cash flow stood at $(171) thousand (derived), with $3.0 million revolving debt at 9.25% and $3.3 million availability under the Siena facility maturing March 2027, covenant-compliant. No M&A or impairments noted, but new U.S. tariffs on Thai imports loom. Supply chain reliance on Thailand heightens tariff risks.

8-K

Q1 sales surge 22% YoY

5/13/25May 13, 2025

TransAct Technologies kicked off 2025 with a bang, posting $13.1 million in Q1 net sales, up 22% year-over-year, fueled by a record 2,350 BOHA! terminal sales that boosted FST revenue 49% to $4.9 million and casino/gaming sales 18% to $6.7 million. Gross margins dipped to 48.7% yet the company swung to $19 thousand net income from last year's $1.0 million loss, with adjusted EBITDA at $544 thousand. It suspended its strategic review amid business momentum, eyeing organic growth; full-year sales guidance spans $47-52 million, but adjusted EBITDA may hover near breakeven or dip to a $1.5 million loss. Momentum builds, but macro risks loom.

About

TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally. It offers thermal printers and terminals to generate labels, coupons, and transaction records, such as receipts, tickets, and other documents. The company provides consumable products, including POS receipt paper, ribbons, and other printing supplies, as well as replacement parts and accessories; and maintenance and repair services. In addition, it offers EPICENTRAL print system, a software solution that enables casino operators to create promotional coupons and marketing messages, and print them at the slot machine; and technical support services, as well as spare parts and accessories. Further, the company provides BOHA! terminal that combines hardware and software components in a device that includes an operating system, touchscreen, and one or two thermal print mechanisms. It markets its products under the TransAct, BOHA!, AccuDate, Epic, Ithaca, and EPICENTRAL brands for food service technology, point of sale automation, and casino and gaming markets. The company sells its products to original equipment manufacturers, value-added resellers, and distributors, as well as directly to end-users through its Webstore transactsupplies.com. The company was incorporated in 1996 and is headquartered in Hamden, Connecticut.

CEO

Mr. John M. Dillon

IPO

8/22/1996

Website

https://www.transact-tech.com

Employees

108

Sector

Technology

Industry

Computer Hardware