Table Trac, Inc. Reports Year End Results for 2024
Table Trac Inc (OTCQX: TBTC) reported its financial results for the year ended December 31, 2024, highlighting several achievements. The company achieved record maintenance revenue of $5.37 Million, representing an 8% increase from the previous year and accounting for 48.2% of total revenues.
Key highlights include a 44.7% increase in other revenue due to growing recurring monthly fees from DataTrac and SlotSuite services. The company paid three quarterly dividends of $0.01 per share and installed the CasinoTrac system in eight new locations. By the end of 2024, Table Trac's systems were operational in approximately 115 casino operators across over 300 casinos worldwide.
The company maintained strong earnings at $0.34 per share (diluted) and reported five projects in backlog, expected to be completed by Q2 2025.
Table Trac Inc (OTCQX: TBTC) ha riportato i risultati finanziari per l'anno conclusosi il 31 dicembre 2024, evidenziando diversi traguardi. L'azienda ha raggiunto un fatturato record per la manutenzione di 5,37 milioni di dollari, con un incremento dell'8% rispetto all'anno precedente e rappresentando il 48,2% delle entrate totali.
I punti salienti includono un aumento del 44,7% delle altre entrate grazie all'incremento delle commissioni mensili ricorrenti dai servizi DataTrac e SlotSuite. L'azienda ha pagato tre dividendi trimestrali di 0,01 dollari per azione e ha installato il sistema CasinoTrac in otto nuove sedi. Entro la fine del 2024, i sistemi di Table Trac erano operativi in circa 115 operatori di casinò in oltre 300 casinò in tutto il mondo.
L'azienda ha mantenuto utili solidi di 0,34 dollari per azione (diluiti) e ha riportato cinque progetti in backlog, previsti per essere completati entro il secondo trimestre del 2025.
Table Trac Inc (OTCQX: TBTC) reportó sus resultados financieros para el año que terminó el 31 de diciembre de 2024, destacando varios logros. La compañía alcanzó un ingreso récord por mantenimiento de 5.37 millones de dólares, lo que representa un aumento del 8% en comparación con el año anterior y constituye el 48.2% de los ingresos totales.
Los aspectos más destacados incluyen un aumento del 44.7% en otros ingresos debido al crecimiento de las tarifas mensuales recurrentes de los servicios DataTrac y SlotSuite. La empresa pagó tres dividendos trimestrales de 0.01 dólares por acción e instaló el sistema CasinoTrac en ocho nuevas ubicaciones. Al final de 2024, los sistemas de Table Trac estaban operativos en aproximadamente 115 operadores de casinos en más de 300 casinos en todo el mundo.
La compañía mantuvo ganancias sólidas de 0.34 dólares por acción (diluida) y reportó cinco proyectos en backlog, que se espera se completen para el segundo trimestre de 2025.
Table Trac Inc (OTCQX: TBTC)는 2024년 12월 31일로 끝나는 연도의 재무 결과를 보고하며 여러 성과를 강조했습니다. 회사는 기록적인 유지 보수 수익인 537만 달러를 달성했으며, 이는 전년 대비 8% 증가한 수치로 전체 수익의 48.2%를 차지합니다.
주요 하이라이트는 DataTrac 및 SlotSuite 서비스의 지속적인 월별 요금 증가로 인해 다른 수익이 44.7% 증가한 것입니다. 회사는 주당 0.01달러의 분기 배당금을 세 번 지급했으며, 카지노 트랙 시스템을 여덟 개의 새로운 장소에 설치했습니다. 2024년 말까지 Table Trac의 시스템은 전 세계 300개 이상의 카지노에서 약 115개의 카지노 운영자에게 운영되고 있었습니다.
회사는 주당 0.34달러(희석 기준)의 강력한 수익을 유지했으며, 2025년 2분기까지 완료될 것으로 예상되는 다섯 개의 프로젝트가 백로그에 있습니다.
Table Trac Inc (OTCQX: TBTC) a annoncé ses résultats financiers pour l'année se terminant le 31 décembre 2024, mettant en avant plusieurs réalisations. L'entreprise a atteint un chiffre d'affaires record en maintenance de 5,37 millions de dollars, représentant une augmentation de 8% par rapport à l'année précédente et comptant pour 48,2% des revenus totaux.
Parmi les faits marquants, on note une augmentation de 44,7% des autres revenus grâce à la hausse des frais mensuels récurrents des services DataTrac et SlotSuite. L'entreprise a versé trois dividendes trimestriels de 0,01 dollar par action et a installé le système CasinoTrac dans huit nouveaux sites. À la fin de 2024, les systèmes de Table Trac étaient opérationnels auprès d'environ 115 opérateurs de casinos dans plus de 300 casinos à travers le monde.
L'entreprise a maintenu des bénéfices solides de 0,34 dollar par action (dilué) et a signalé cinq projets en attente, qui devraient être achevés d'ici le deuxième trimestre 2025.
Table Trac Inc (OTCQX: TBTC) hat seine Finanzergebnisse für das am 31. Dezember 2024 endende Jahr veröffentlicht und dabei mehrere Erfolge hervorgehoben. Das Unternehmen erzielte einen Rekordumsatz aus Wartung von 5,37 Millionen Dollar, was einem Anstieg von 8% im Vergleich zum Vorjahr entspricht und 48,2% der Gesamteinnahmen ausmacht.
Zu den wichtigsten Punkten gehört ein Anstieg der anderen Einnahmen um 44,7% aufgrund wachsender wiederkehrender monatlicher Gebühren von den Dienstleistungen DataTrac und SlotSuite. Das Unternehmen zahlte drei vierteljährliche Dividenden von 0,01 Dollar pro Aktie und installierte das CasinoTrac-System an acht neuen Standorten. Ende 2024 waren die Systeme von Table Trac in etwa 115 Casino-Betreibern in über 300 Casinos weltweit im Einsatz.
Das Unternehmen erzielte starke Gewinne von 0,34 Dollar pro Aktie (verwässert) und berichtete von fünf Projekten im Rückstand, die voraussichtlich bis zum 2. Quartal 2025 abgeschlossen werden.
- Record maintenance revenue of $5.37M, up 8% YoY
- 44.7% increase in other revenue from DataTrac and SlotSuite recurring fees
- Eight new system installations completed with five more in backlog
- Strong earnings maintained at $0.34 per share
- Consistent dividend payments of $0.01 per share quarterly
- None.
MINNETONKA, Minn., March 19, 2025 (GLOBE NEWSWIRE) -- Table Trac, Inc. (OTCQX: TBTC), a developer and provider of casino information and management systems that automate and monitor the operations of casinos announced financial results for the year ended December 31, 2024.
The 10-K can be found @ http://www.sec.gov
2024 Highlights
Record Gross Revenue
Record maintenance revenue of
Maintenance revenue accounted for
Other revenue increased
Table Trac declared and paid three quarterly dividends of
The CasinoTrac system was installed in eight locations during 2024. At the end of 2024, Table Trac had casino management systems, table games management systems and ancillary products installed with approximately 115 casino operators in over 300 casinos worldwide.
Earnings per share remained strong at
Management Commentary
Table Trac, Inc CFO Randy Gilbert commented: 2024 was another strong year for Table Trac. The company ended the year having installed eight new systems and had five projects in our backlog. We expect most of the backlogged projects to be installed by the end of Q2 2025. Our maintenance revenue continues to increase. One of the most significant developments was the increase in recurring fees related to DataTrac and SlotSuite.
Table Trac Inc. continues to add product offerings while expanding our customer base. The result is building contemporary ways we can sustain and deliver shareholder value and per share earnings.”, said Chad Hoehne, President & CEO
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. develops, sells and leases information and management systems and provides technical support to casinos. The open architecture of CasinoTrac is designed to provide operators with a secure, scalable, and flexible system that interconnects and operates with most third-party software and hardware. Key products and services include modules that drive player tracking programs, kiosk promotions, and provide vault and cage controls. The Company’s systems are designed to meet strict auditing, accounting and regulatory requirements applicable to the gaming industry. Additionally, the Company has developed a patented, real-time system that automates and monitors the operations of casino gaming tables.
The Company’s suite of management systems and kiosks are installed with on-going support and maintenance contracts in over 115 casino operators in over 300 casinos worldwide. The Company continues to increase its market share by expanding its product offerings to include new system features, and ancillary products. More information is available at http://www.CasinoTrac.com/.
Forward Looking Statements
This press release contains forward-looking statements that involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission.
For more information:
Randy Gilbert
Chief Financial Officer
Table Trac, Inc.
952-548-8877 or investorrelations@Casinotrac.com
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