Table Trac, Inc. Reports 2025 Second Quarter Earnings

MINNETONKA, Minn., Aug. 13, 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 six months ending June 30, 2025.

The 10-Q can be found @ http://www.sec.gov

Second Quarter 2025 Highlights

The Company installed one system at a new customer location.

The Company had two customers with system contracts in backlog as of June 30, 2025. The company anticipates that these contracts will be installed during the third quarter of 2025. As of the filing date of this report, the Company signed one new contract.

Second Quarter 2025 Financial Results

Maintenance revenues increased 19.4% from $1.32M in 2024 to $1.58M 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 June 30, 2025 and 2024:

 

 

 

For the Three Months Ended

 

June 30,

 

2025

 

2024

Basic and diluted earnings per share calculation:

 

 

 

Net income

$

144,782

 

 

$

806,570

 

Weighted average number of common shares outstanding - basic

 

4,600,023

 

 

 

4,574,365

 

Basic net income per share

$