ReposiTrak, Inc. - TRAK STOCK NEWS

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.

ReposiTrak (NYSE:TRAK) announces the addition of 50 new dairy suppliers to its ReposiTrak Traceability Network® (RTN). These suppliers, including three century-old dairy companies, will use RTN to exchange FDA-required Key Data Elements for Critical Tracking Events ahead of the January 2026 compliance deadline. The network includes a farmer-owned cooperative specializing in cheese, a dairy cooperative founded in 1919, and a Vermont-based cream cheese producer established in 1899. ReposiTrak's solution allows suppliers to submit data in any format, ensuring compliance with both retailer and FDA requirements without additional hardware or software.

ReposiTrak (NYSE:TRAK), the world's largest food traceability and regulatory compliance network, has welcomed 50 new seafood suppliers to its Traceability Network (RTN). This expansion allows these suppliers to efficiently exchange FDA-required Key Data Elements (KDEs) for each Critical Tracking Event (CTE) in their supply chains, ensuring compliance before the January 2026 deadline.

The new members include companies focused on quality and sustainability, such as a supplier of premium wild Alaskan seafood, a fair-trade certified shrimp harvester, and a century-old innovator in crab products. ReposiTrak's hardware-free solution enables suppliers to connect with any retailer in the network, regardless of data requirements, making it a universal traceability solution that meets regulatory needs and improves operational efficiency.

ReposiTrak (NYSE:TRAK), the world's largest food traceability and regulatory compliance network, has reached a significant milestone with 4,000 food suppliers joining the ReposiTrak Traceability Network® (RTN). This growth facilitates easier compliance with the FDA's FSMA 204 food traceability final rule for retailers and wholesalers.

Key points:

• Suppliers can share all FDA-required traceability data through RTN
• Suppliers represent categories on the FDA's Food Traceability List (FTL) and beyond
• RTN enables efficient exchange of Key Data Elements (KDEs) with multiple customers
• Onboarding process is automated with no new hardware or software required
• Suppliers can share data with unlimited in-network customers for a flat fee
• FSMA 204 enforcement begins January 20, 2026

Save A Lot, a major U.S. discount grocery wholesaler, has announced the implementation of the ReposiTrak Traceability Network (RTN) to enhance food safety and comply with FSMA 204 requirements. This automated solution will enable Save A Lot's suppliers to easily transmit FDA-required traceability data for every impacted lot code to the company's eight distribution centers.

The adoption of RTN demonstrates Save A Lot's commitment to food safety, regulatory compliance, and supply chain transparency. The system will collect, organize, store, and retrieve Key Data Elements (KDEs) as mandated by FSMA 204. Save A Lot plans to make the platform available to its independent owners and operators, providing end-to-end visibility throughout the supply chain.

Implementation of RTN has already begun and is expected to be completed well before the 2026 compliance deadline. By joining the ReposiTrak network, Save A Lot becomes part of the world's largest operating food traceability network, offering an efficient and affordable path to compliance for its suppliers and Retail Partners.

ReposiTrak (NYSE: TRAK) reported financial results for FY2024 and Q4 2024. Full-year revenue increased 7% to $20.5 million, with recurring revenue up 7% to $20.4 million. Full-year GAAP net income rose 7% to $5.9 million, with EPS of $0.30, up 11% year-over-year. Q4 revenue grew 8% to $5.2 million, with GAAP net income up 15% to $1.6 million.

The company ended the year with $25.2 million in cash and no bank debt. ReposiTrak's Board approved a 10% increase in the quarterly common stock dividend. The company redeemed 81,121 preferred shares for $867,995 during Q4. CEO Randall K. Fields highlighted the accelerating on-boarding pace of the ReposiTrak Traceability Network and expects revenue growth to follow in coming quarters.