ReposiTrak Delivers 16% Quarterly Revenue Growth and 27% Increase in Net Income; Third Fiscal Quarter EPS of $0.10

About this update from Repositrak, Inc.

[{"type":"text","content":"Growth Across All Business Lines Drives Double-Digit Increase in Revenue","length":72,"tagName":"p","attribs":{}},{"type":"text","content":"SALT LAKE CITY, May 15, 2025--(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 third fiscal quarter ("FQ3 2025") ended March 31, 2025.","length":341,"tagName":"p"},{"type":"text","content":"Third Fiscal Quarter Financial Highlights:","length":42,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Third quarter total revenue increased 16% to $5.9 million from $5.1 million.","length":76,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"98% of the revenue in the quarter was recurring.","length":48,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Quarterly operating expense increased 7% to $4.1 million from $3.8 million.","length":75,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Quarterly operating income increased 43% to $1.8 million from $1.3 million last year.","length":85,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Quarterly GAAP net income increased 27% to $2.0 million from $1.6 million last year.","length":84,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Quarterly net income to common shareholders increased 33% to $1.9 million from $1.4 million last year.","length":102,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Quarterly diluted EPS of $0.10 compared to $0.08 in the prior year third fiscal quarter.","length":88,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The Company finished the quarter with over $28.1 million in cash and no bank debt.","length":82,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"During the quarter, the Company redeemed 70,093 preferred shares for the stated redemption price of $10.70 per share for a total of $749,995 and paid $331,000 in cash dividends to common shareholders.","length":200,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":840,"olType":false},{"type":"text","content":"Randall K. Fields, Chairman and CEO of ReposiTrak commented, "We again delivered growth across all...

More updates from Repositrak, Inc.