Filing Flows › Table Trac (TBTC) › Q4 2024
Table Trac (TBTC) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 19, 2025
Table Trac (TBTC) reported revenue of $3.1M for the fourth quarter 2024 (Q4 2024), +8% from a year earlier and +23% from the quarter before. Operating margin was 15.7%, net earnings $466K (14.8% of revenue).
Table Trac, Q4 2024: revenue $3.1M (+8% year over year), operating margin 15.7%, net earnings $466K, operating cash flow $328K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.1M | +23% | +8% |
| Gross profit | $2.2M | +20% | +14% |
| Operating profit | $493K | +84% | -11% |
| Net earnings | $466K | +59% | -13% |
| Operating cash flow | $328K | -48% | -50% |
| Free cash flow | $279K | -52% | -56% |
What changed
Revenue was $3.1M in Q4 2024, up 8% year over year and up 23% from the previous quarter. Maintenance was the largest line at 44% of revenue.
Gross margin was 68.7%, up 3.7 points from a year earlier. Operating profit was $493K, a 15.7% margin (down 3.4 points year over year). Operating profit fell $62K even though revenue rose $228K versus a year earlier, so costs grew faster than sales. Operating expenses grew 25% against revenue growth of 8%. Net earnings were $466K, down 13% year over year. The effective tax rate was 21.6%.
Operating cash flow was $328K (down 50% year over year), 70% of net earnings. Non-cash charges added back $10K of depreciation and amortization and $53K of share-based compensation. Working capital and other items used $200K. Capital expenditures of $49K left free cash flow of $279K.
Questions
What was Table Trac's revenue in the fourth quarter 2024?
Table Trac (TBTC) reported revenue of $3.1M for the fourth quarter 2024 (Q4 2024), +8% from a year earlier and +23% from the quarter before.
Was Table Trac profitable in the fourth quarter 2024?
Operating profit was $493K (15.7% of revenue) and net earnings $466K.
Source: Table Trac 10-K on SEC EDGAR.