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Stock impact report

ReposiTrak Delivers Full-Year Revenue of $20.5 Million and Earnings Per Share of $0.30

ReposiTrak, Inc. (TRAK) 
Company Research Source: Business Wire
Traceability On-Boarding Continues to AccelerateCompany Increases Quarterly Common Dividend 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 fourth fiscal quarter (“FQ4 2024”) and full fiscal year ended June 30, 2024.Full-Year Fiscal 2024 Financial Highlights:Full-year total revenue increased 7% to $20.5 million from $19.1 million.Recurring revenue increased 7%, net of the planned elimination of high-touch, low-opportunity revenue, to $20.4 million from $19.0 million.Full-year operating expense increased 10% to $15.4 million from $14.0 million. Fiscal 2023 included approximately $1.4 million in an Employee Retention Credit (“ERC”), reducing general and administrative expense in fiscal 2023, which did not reoccur in fiscal 2024.Full-year operating income was $5.0 million in fis Show less Read more
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