Filing Flows › Transact Technologies (TACT) › Q1 2025
Transact Technologies (TACT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
Transact Technologies (TACT) reported revenue of $13.1M for the first quarter 2025 (Q1 2025), +22% from a year earlier and +28% from the quarter before. Operating margin was -0.1%, net earnings $19K (0.1% of revenue).
Transact Technologies, Q1 2025: revenue $13.1M (+22% year over year), operating margin -0.1%, net earnings $19K, operating cash flow −$161K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.1M | +28% | +22% |
| Operating profit | −$15K | — | — |
| Net earnings | $19K | — | — |
| Operating cash flow | −$161K | -107% | — |
What changed
Revenue was $13.1M in Q1 2025, up 22% year over year and up 28% from the previous quarter. Casino and Gaming was the largest line at 51% of revenue. Food Service Technology added $1.6M year over year (up 49%), 68% of the total change. TransAct Services Group declined 22%.
Gross margin was 48.7%, down 3.9 points from a year earlier. Operating costs exceeded revenue by $15K, an operating margin of -0.1%. Operating expenses fell 8% while revenue rose 22%. Net earnings were $19K. The effective tax rate was 72.9%. Non-operating items added $85K, 121% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$161K. Non-cash charges added back $173K of depreciation and amortization and $323K of share-based compensation. Working capital and other items used $676K. Capital expenditures of $10K exceeded it, leaving free cash flow of −$171K.
Questions
What was Transact Technologies' revenue in the first quarter 2025?
Transact Technologies (TACT) reported revenue of $13.1M for the first quarter 2025 (Q1 2025), +22% from a year earlier and +28% from the quarter before.
Was Transact Technologies profitable in the first quarter 2025?
Operating loss was $15K (-0.1% of revenue) and net earnings $19K.