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ReposiTrak, Inc. (TRAK) is a prominent player in the software-as-a-service (SaaS) sector, specializing in solutions that streamline supply chain operations for retailers. As a fully owned subsidiary of Park City Group (NASDAQ: PCYG), ReposiTrak partners with retailers to boost sales, manage risks, and cut supply chain costs.
The ReposiTrak Marketplace offers a versatile platform where retailers can search, sample, vet, onboard, and order from new suppliers. This platform aims to expand local inventories and source popular items effortlessly through a cloud-based application. The company’s integrated, end-to-end innovation platform delivers an array of advanced commerce solutions such as scan-based trading and automated ordering, addressing the needs of a dynamic retail environment.
Compliance management automation is another key feature, helping businesses stay within regulatory requirements without hassle. ReposiTrak's offerings ensure that products are available when and where consumers need them, thereby enhancing operational efficiency and customer satisfaction.
In addition to these core services, ReposiTrak provides a comprehensive suite of solutions that include implementation, business optimization, outsourcing, technical services, education, and application hosting. These offerings empower clients to make better-informed decisions and stay competitive in the fast-paced retail sector.
Recent Achievements and Partnerships:
- Enhanced cloud-based applications for better supplier management and order processing.
- Collaborations with leading retailers to optimize supply chain operations.
- Implementation of innovative compliance management tools to reduce regulatory risks.
For more detailed information, visit the official website at www.repositrak.com.
ReposiTrak (NYSE:TRAK), the leading food traceability and regulatory compliance network, has added 50 new nut butter product suppliers to its ReposiTrak Traceability Network (RTN). These suppliers will integrate FDA-required Key Data Elements (KDEs) for each Critical Tracking Event (CTE) in their supply chains, ensuring compliance ahead of the January 2026 deadline.
The new members include companies with extensive product portfolios and long-standing histories. One has over 100 globally recognized brands and a history of more than 150 years. Another delivers a diverse range of trusted and innovative food brands, while the third is a leading snacks company with 125 years of history.
ReposiTrak's hardware-free traceability solutions allow suppliers to meet both FDA and retailer traceability requirements without additional hardware or software. Suppliers can connect to an unlimited number of trading partners and share data for a low, flat fee.
ReposiTrak (NYSE: TRAK) has declared a quarterly dividend of $0.01815 per share ($0.0726 annually) for shareholders of record on December 31, 2024, with payment scheduled for February 13, 2025. This represents a 10% increase from the previous dividend rate, as approved by the Board of Directors on September 30, 2024. Future dividends will be distributed within 45 days of each fiscal quarter end.
ReposiTrak (NYSE:TRAK) has announced the addition of 50 new suppliers to its ReposiTrak Traceability Network® (RTN). These suppliers will utilize the platform to exchange FDA-required Key Data Elements (KDEs) for Critical Tracking Events (CTEs) ahead of the January 2026 regulatory deadline.
The new members include companies from various sectors, including a 60-year-old frozen specialty foods manufacturer, a California-based pickled products producer, and a fermented beverages maker. The network requires no additional hardware or software, offering suppliers the ability to connect with unlimited trading partners for a flat fee.
According to CEO Randy Fields, traceability requirements are expanding beyond the Food Traceability List as retailers demand greater supply chain transparency.
ReposiTrak (NYSE:TRAK), the world's largest food traceability and regulatory compliance network, has added 50 new produce suppliers to its ReposiTrak Traceability Network® (RTN). These suppliers will exchange FDA-required Key Data Elements for Critical Tracking Events in their supply chains, preparing for the January 2026 compliance deadline. The new members include established companies with strong regional presence, including a Southwest fresh produce distributor operating since 1943, a leading fresh-cut processor, and an organic produce specialist founded in 1976. ReposiTrak's solution requires no additional hardware or software, offering unlimited trading partner connections for a flat fee.
ReposiTrak (NYSE:TRAK) announces the addition of 50 new nut butter product suppliers to its Traceability Network, strengthening its position as the world's largest food traceability and regulatory compliance network. The new members include major global players: the world's largest food and beverage company, a Belgian snacking innovator founded in 1932, and a U.S.-based snack food leader established in 1913.
These suppliers will exchange FDA-required Key Data Elements (KDEs) for Critical Tracking Events (CTEs) ahead of the January 2026 deadline. The platform requires no additional hardware or software, offering unlimited trading partner connections for a flat fee.
ReposiTrak (NYSE:TRAK) announces the addition of 50 new seafood suppliers to its ReposiTrak Traceability Network® (RTN). These suppliers will use RTN to exchange FDA-required Key Data Elements (KDEs) for Critical Tracking Events (CTEs) ahead of the January 2026 compliance deadline. Notable additions include a North American frozen seafood leader founded in 1899, an American seafood processor established in 1981, and New Zealand's largest King salmon producer. The platform requires no additional hardware or software, offering unlimited trading partner connections for a flat fee.
ReposiTrak (NYSE: TRAK) reported strong Q1 FY2025 results with revenue increasing 8% to $5.4 million. Operating income grew 23% to $1.5 million, while GAAP net income rose 21% to $1.7 million. The company achieved EPS of $0.09, up from $0.07 year-over-year. The company maintains a strong financial position with $25.8 million in cash and no bank debt.
Traceability onboarding reached record levels, driven by recent food safety recalls, expanded requirements from major retailers, and approaching FDA mandate deadlines. Management expects current customers, once fully onboarded, to increase revenue by approximately 50%, with projected doubling of annual recurring revenue over three years.
ReposiTrak (NYSE:TRAK) has added 50 new dairy and egg suppliers to its Traceability Network, strengthening its position as the world's largest food traceability network. Among the new members are a major fourth-generation egg producer from Arizona, the world's fourth-largest dairy cooperative with 13,000 farmers, and a leading producer of pasture-raised eggs. The network, which includes over 4,000 suppliers, enables efficient exchange of FDA-required Key Data Elements for Critical Tracking Events, helping companies achieve compliance before the January 2026 deadline. The solution requires no additional hardware or software and offers unlimited trading partner connections for a flat fee.
ReposiTrak (NYSE:TRAK) has added 50 new suppliers of nut butter products to its ReposiTrak Traceability Network® (RTN). These suppliers will exchange FDA-required Key Data Elements for Critical Tracking Events in their supply chains, preparing for the January 2026 compliance deadline. The new members include established brands with diverse product portfolios spanning gluten-free, organic, and health-focused items. ReposiTrak's hardware-free solution enables food suppliers to meet both FDA and retailer requirements through a low-cost, flat-fee system that allows unlimited trading partner connections.
ReposiTrak (NYSE:TRAK), the world's largest food traceability and regulatory compliance network, has announced its plans to release fiscal 2025 first quarter earnings after market close on Thursday, November 14, 2024. Chairman and CEO Randall K. Fields will host a conference call at 4:15 p.m. Eastern time to discuss the results. The earnings call will be accessible via webcast and through dial-in numbers, with replay available until December 14, 2024.
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