Filing Flows › Table Trac (TBTC) › Q1 2025
Table Trac (TBTC) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Table Trac (TBTC) reported revenue of $3.5M for the first quarter 2025 (Q1 2025), +75% from a year earlier and +13% from the quarter before. Operating margin was 26.7%, net earnings $782K (22.1% of revenue).
Table Trac, Q1 2025: revenue $3.5M (+75% year over year), operating margin 26.7%, net earnings $782K, operating cash flow $735K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5M | +13% | +75% |
| Gross profit | $2.6M | +21% | +76% |
| Operating profit | $943K | +91% | — |
| Net earnings | $782K | +68% | 67× |
| Operating cash flow | $735K | +124% | -28% |
What changed
Revenue was $3.5M in Q1 2025, up 75% year over year and up 13% from the previous quarter. System was the largest line at 44% of revenue. System added $1.3M year over year (up 413%), 83% of the total change.
Gross margin was 73.6%, up 0.6 points from a year earlier. Operating profit was $943K, a 26.7% margin (up 27.3 points year over year). Operating expenses grew 12% against revenue growth of 75%. Net earnings were $782K, up 6608% year over year. The effective tax rate was 26.6%.
Operating cash flow was $735K (down 28% year over year), 94% of net earnings. Non-cash charges added back $10K of depreciation and amortization and $19K of share-based compensation. Working capital and other items used $77K.
Questions
What was Table Trac's revenue in the first quarter 2025?
Table Trac (TBTC) reported revenue of $3.5M for the first quarter 2025 (Q1 2025), +75% from a year earlier and +13% from the quarter before.
Was Table Trac profitable in the first quarter 2025?
Operating profit was $943K (26.7% of revenue) and net earnings $782K.
Source: Table Trac 10-Q on SEC EDGAR.