ReposiTrak Delivers First Fiscal Quarter Revenue of $5.4 Million and Earnings Per Share of $0.09
ReposiTrak, Inc. (TRAK)
Company Research
Source: Business Wire
Traceability Onboarding Continues to Accelerate as Industry Recalls Drive Supplier Urgency SALT LAKE CITY--(BUSINESS WIRE)--ReposiTrak (NYSE: TRAK), the world's largest food traceability and regulatory compliance network, built upon its proven inventory management and out-of-stock reduction SaaS platform, today announced financial results for the first fiscal quarter (“FQ1 2025”) ended September 30, 2024.First Fiscal Quarter Financial Highlights:First quarter total revenue increased 8% to $5.4 million from $5.1 million.Recurring revenue increased 6%, reflecting non-recurring initial set-up fees for the rapidly increasing number of traceability customers onboarding to the system.Quarterly operating expense increased 3% to $4.0 million from $3.9 million.Quarterly operating income increased 23% to $1.5 million from $1.2 million last year.Quarterly GAAP net income increased 21% to $1.7 million from $1.4 million last year.Quarterly net income to common shareholders was $1.6 million, up
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News
- ReposiTrak Welcomes 50 New Dairy and Egg Suppliers to Rapidly Expanding Food Traceability NetworkBusiness Wire
- ReposiTrak Welcomes 50 New Suppliers Featuring Nut Butter Products to Rapidly Expanding Food Traceability NetworkBusiness Wire
- ReposiTrak Schedules Fiscal 2025 First Quarter Earnings Conference Call and Webcast for November 14, 2024Business Wire
- ReposiTrak Welcomes 50 New Dairy Product Suppliers to Rapidly Expanding Food Traceability NetworkBusiness Wire
- 50 Seafood Suppliers Join ReposiTrak’s Rapidly Expanding Food Traceability NetworkBusiness Wire
TRAK
Sec Filings
- 11/14/24 - Form 10-Q
- 11/13/24 - Form 4
- 11/13/24 - Form SCHEDULE
- TRAK's page on the SEC website