Tue, May 13, 2:15 PM (42 days ago)
### Table Trac, Inc. (TBT) Q1 2025 Financial Summary **Overview:** Table Trac, Inc. (TBT) reported a strong Q1 2025, with significant improvements in revenue, profit margins, and cash flow. The company's financial health reflects robust operational performance and strategic investments. **Financial Performance:** - **Revenue:** Q1 2025 revenue surged to $3,535,933, up from $2,020,795 in Q1 2024, driven by increased system deliveries and expansions. - **Profit Margins:** Gross profit margin remained stable at 73.6% in Q1 2025, compared to 73.1% in Q1 2024. Operating expenses increased due to higher sales and marketing efforts, but the company managed to achieve a significant turnaround in operating income, reporting $942,627 compared to a loss of $(12,428) in Q1 2024. - **Net Income:** Net income for Q1 2025 was $782,239, a substantial improvement from $11,661 in Q1 2024. This was primarily due to higher revenues and better cost management. - **Earnings Per Share (EPS):** Basic and diluted EPS for Q1 2025 was $0.17, compared to $0.00 in Q1 2024. **Cash Flow:** - **Operating Activities:** Net cash provided by operating activities was $734,810 in Q1 2025, down from $1,025,634 in Q1 2024. This decrease was due to higher accounts receivable and lower payables, partially offset by increased income tax payable and reduced inventory. - **Investing Activities:** Net cash provided by investing activities was $2,570,085 in Q1 2025, compared to a use of $18,565 in Q1 2024. This significant increase was due to the maturity of a certificate of deposit. - **Financing Activities:** Net cash used in financing activities was $92,789 in Q1 2025, primarily for the payment of cash dividends. **Trends and Uncertainties:** - **Revenue Growth:** The company's revenue growth is driven by increased system deliveries and expansions, with a focus on the U.S. market, which accounted for 95.9% of total revenues in Q1 2025. - **Operational Efficiency:** The company has improved operational efficiency, as evidenced by the stable gross profit margin and better cost management. - **Liquidity:** Table Trac has adequate liquidity to meet its obligations and continue operations, with total cash and cash equivalents of $5,469,802 and short-term investments of $2,098,215 as of March 31, 2025. - **Future Operations:** The company aims to pursue further opportunities and strategic partnerships to drive growth and innovation. **Conclusion:** Table Trac, Inc. demonstrated strong financial performance in Q1 2025, with significant improvements in revenue, profit margins, and cash flow. The company's strategic investments and operational efficiency have positioned it well for future growth and innovation. However, it faces uncertainties related to market conditions and competitive pressures, which could impact its future operations.