Table Trac, Inc. reported a slight decline in total revenues for the fiscal year ending December 31, 2025, with figures reaching $11.05 million, a decrease of 1.0% from $11.16 million in 2024. The company experienced a significant drop in system sales, which fell by 28.5% to $2.92 million, attributed to a decrease in the number and size of site installations. However, maintenance revenue increased by 14.4% to $6.15 million, reflecting growth in the customer base and higher service rates. Overall, the company’s net income rose to $1.63 million, up from $1.58 million in the previous year, resulting in earnings per share of $0.35 compared to $0.34 in 2024.
In terms of operational developments, Table Trac expanded its footprint by installing its CasinoTrac system at eight new customers in 2025, enhancing its presence in states such as Nevada, New Mexico, and Washington, as well as in the Caribbean and Panama. The company now has ongoing support and maintenance contracts with 115 casino operators across over 300 casinos globally. The total employee headcount remained stable at 32 full-time equivalents, indicating a consistent workforce as the company navigates market challenges.
The company’s financial position improved significantly, with cash and cash equivalents increasing to $8.24 million, up from $2.26 million in 2024. This growth was primarily due to maturing certificates of deposit. Additionally, total stockholders’ equity rose by 12.1% to $12.84 million, driven by the net income generated during the year. The company also maintained a $500,000 line of credit, which remains undrawn, providing further liquidity.
Looking ahead, Table Trac aims to continue expanding its market share by enhancing its product offerings and pursuing strategic partnerships. The company is actively participating in industry trade shows to showcase its technology and attract new customers. However, it acknowledges the competitive landscape and the need to adapt to evolving market demands and technological advancements. The management remains optimistic about future growth opportunities, particularly in expanding its customer base and enhancing existing systems to meet the needs of the gaming industry.
About TABLE TRAC INC
Table Trac, Inc. develops and sells casino management systems, including proprietary software for automating and monitoring casino table operations, guest loyalty, and marketing functions. Its products serve gaming establishments worldwide, providing scalable, secure solutions that meet industry regulations. The company generates revenue through system sales, leasing, licensing, and support, emphasizing innovation, intellectual property protection, and expanding its market presence in the gaming industry.
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