TBTC Research | Milton Maxwell

TBTC

Table Trac, Inc.

4.0900

-0.0500-1.21%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

18.98M

P/E (TTM)

13.19

Basic EPS (TTM)

0.31

Dividend Yield

0.02%

Recent Filings

8-K

Declares $0.02 dividend

2/26/26Feb 26, 2026

Table Trac's board declared a $0.02 per share cash dividend on February 26, 2026, payable March 27 to shareholders of record March 13. This quarterly payout underscores steady cash flow amid growth investments. Commitment holds firm.

8-K

Special $0.10 dividend declared

1/26/26Jan 26, 2026

Table Trac's board declared a $0.10 per share special cash dividend on January 23, 2026, payable March 6 to shareholders of record February 20. This move signals a robust balance sheet and steady operations. Strong finances shine. It underscores confidence in growth while returning capital.

8-K

CEO transition announced

1/6/26Jan 6, 2026

Table Trac realigned leadership effective January 1, 2026: CFO Randy Gilbert steps up as CEO while retaining CFO duties; Chad Hoehne shifts from CEO to President and Chief Technology Officer. This frees Hoehne for AI-driven product innovation and tech strategy. Leadership sharpened. Gilbert's financial acumen eyes revenue growth amid gaming industry evolution.

10-Q

Q3 FY2025 results

11/14/25Nov 14, 2025

Table Trac's Q3 revenues dipped 16.1% y/y to $2.1M from $2.5M, yet gross margins lifted to 73.7% from 70.7% on lighter system sales (down 85.9% y/y to $86.9K) while maintenance jumped 6.4% to 68.8% of mix. Operating loss hit $47.5K versus $268.5K profit, driven by SG&A up 5.9% to $1.6M from sales/marketing and R&D pushes; net income fell to $58.4K ($0.01 diluted EPS). Cash swelled to $6.1M with $2.1M short-term investments; $1.6M operating cash flow less zero capex implies $1.6M FCF YTD. Steady liquidity, no debt draws on $500K revolver. Cash hoard grows fast.

10-Q

Q2 FY2025 results

8/13/25Aug 13, 2025

Table Trac's Q2 revenues fell 32% y/y to $2.3M from $3.5M, yet margins expanded to 75.3% from 71.1% on lighter system installs, driving operating income of $56K despite SG&A up 14% to $1.7M from sales and R&D pushes. YTD revenue grew 7% to $5.9M with $927K net income ($0.20 diluted EPS, consistent with 4.6M shares); cash swelled to $5.9M plus $2.1M short-term investments, operations generated $1.2M (FCF not disclosed in the 10-Q). No debt, $500K revolver available. Maintenance now 68% of Q2 revenue. Customer concentration lingers.

About

Table Trac, Inc. designs, develops, and sells casino information and management systems in the United States, Australia, Japan, the Caribbean, and Central and South America. The company offers Table Trac, an information and management system that automates and monitors the operations of casino table game operations, as well as adds casino resort functionality to related casino system modules for guest rewards and loyalty marketing operations, marketing analysis, guest service, promotions, administration/management, vault/cage management, and audit/accounting tasks. It also provides system sales and technical support services comprising installation, custom casino system configuration, and training, as well as license and technical support services to casinos. The company was incorporated in 1995 and is based in Minnetonka, Minnesota.

CEO

Mr. Chad B. Hoehne

IPO

9/6/2000

Website

https://www.casinotrac.com

Employees

Sector

Consumer Cyclical

Industry

Resorts & Casinos