Table Trac, Inc. Reports 2025 Third Quarter Earnings
MWN-AI** Summary
Table Trac, Inc. (OTCQX: TBTC), a prominent developer of casino information and management systems, released its financial results for the third quarter of 2025, highlighting both challenges and opportunities. The report, dated November 14, 2025, shows that the company's maintenance revenues rose by 6.3%, increasing from $1.38 million in 2024 to $1.47 million in 2025. Despite this growth in maintenance earnings, the net income for the quarter was $58,352, a significant decline from $292,379 in the same period last year, resulting in a basic and diluted earnings per share of $0.01, compared to $0.06 in 2024.
For the first nine months of 2025, Table Trac reported a net income of $985,374, down from $1,110,610 the previous year, yielding a basic and diluted earnings per share of $0.21, compared to $0.24 in 2024. The company mentions having a system contract backlog, expecting to install it in the first quarter of 2026, along with the signing of a new contract since the report's filing.
Founded in 1995, Table Trac provides innovative management systems, designed to facilitate compliance with strict gaming industry regulations. Its signature product, CasinoTrac, is utilized globally across more than 115 casino operators. The company is actively working to enhance its market presence by increasing its product offerings and incorporating new features to its systems, aiming for a broader market share.
The company also cautioned that forward-looking statements involve risks and uncertainties that might lead actual results to differ from anticipated outcomes. For details, interested parties can access more information at the company's website.
MWN-AI** Analysis
**Market Analysis and Advice for Table Trac, Inc. (TBTC)**
As Table Trac, Inc. (OTCQX: TBTC) announces its third-quarter earnings for 2025, there are notable trends and performance metrics to consider for potential investors or stakeholders in the gaming technology sector. The company reported a modest increase in maintenance revenues, rising 6.3% from $1.38 million in 2024 to $1.47 million in 2025, indicating stable service demand. However, net incomes for the quarter and nine months reflect a concerning trend, with net income dropping to $58,352 from $292,379 year-on-year for the quarter and a decrease from $1,110,610 to $985,374 for the nine-month period.
Although the company secured one new contract and has a system contract in backlog, the overall decline in net income raises questions about operational efficiency and profitability moving forward. Investors should view this mixed performance with caution. The growth in maintenance revenue is promising, suggesting that Table Trac's customer base remains engaged, but the sharp drop in earnings could be indicative of rising costs or decreased demand for new installations.
The fundamentals of Table Trac's business remain solid, evidenced by over 300 casino installations and a robust portfolio of services designed to optimize casino operations. The company's patented technology and scalable systems align well with current trends in the casino management sector.
However, investors should factor in the cyclical nature of the gaming industry and potential economic headwinds. It's advisable to monitor quarterly performance closely, particularly any developments regarding backlog contracts and new product launches that might drive revenue.
In conclusion, while Table Trac shows potential for growth, prospective investors should proceed with caution due to the current earnings trends and remain alert to the broader economic conditions impacting the gaming sector. Keeping an eye on major operational updates and contract executions will be crucial for making informed investment decisions.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
MINNETONKA, Minn., Nov. 14, 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 three and nine months ending September 30, 2025.
The 10-Q can be found @ http://www.sec.gov
Third Quarter 2025 Highlights
- The Company had a customer with a system contract in backlog as of September 30, 2025. The Company anticipates that this contract will be installed during the first quarter of 2026. In addition, as of the filing date of this report, the Company signed one new contract.
Third Quarter 2025 Financial Results
- Maintenance revenues increased 6.3% from $1.38M in 2024 to $1.47M in 2025.
The following table provides a reconciliation of the numerators and denominators used in calculating basic and diluted earnings per share for the three months ended September 30, 2025 and 2024:
| For the Three Months Ended | ||||||
| September 30, | ||||||
| 2025 | 2024 | |||||
| Basic and diluted earnings per share calculation: | ||||||
| Net income | $ | 58,352 | $ | 292,379 | ||
| Weighted average number of common shares outstanding - basic | 4,601,110 | 4,575,068 | ||||
| Basic net income per share | $ | 0.01 | $ | 0.06 | ||
| Weighted average number of common shares outstanding - diluted | 4,676,672 | 4,622,938 | ||||
| Diluted net income per share | $ | 0.01 | $ | 0.06 | ||
The following table provides a reconciliation of the numerators and denominators used in calculating basic and diluted earnings per share for the nine months ended September 30, 2025 and 2024:
| For the Nine Months Ended | ||||||
| September 30, | ||||||
| 2025 | 2024 | |||||
| Basic and diluted earnings per share calculation: | ||||||
| Net income to common stockholders | $ | 985,374 | $ | 1,110,610 | ||
| Weighted average number of common shares outstanding - basic | 4,592,638 | 4,575,068 | ||||
| Basic net income per share | $ | 0.21 | $ | 0.24 | ||
| Weighted average number of common shares outstanding - diluted | 4,657,538 | 4,621,840 | ||||
| Diluted net income per share | $ | 0.21 | $ | 0.24 | ||
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, CFO
Table Trac, Inc.
952-548-8877
FAQ**
How does Table Trac, Inc. TBTC plan to leverage the new contract signed in the third quarter of 2025 to enhance its market position in the casino management systems industry?
What specific factors contributed to the decrease in net income for Table Trac, Inc. TBTC for the three months ended September 30, 2025, compared to the same period in 2024?
Can you provide more insight into the anticipated system contract backlog for Table Trac, Inc. TBTC and how it will impact revenue generation in the first quarter of 2026?
How does Table Trac, Inc. TBTC's patented real-time system for monitoring casino gaming tables differentiate it from competitors in the casino management systems market?
**MWN-AI FAQ is based on asking OpenAI questions about Table Trac, Inc. (OTC: TBTC).
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