Table Trac Inc (PK:TBTC)
Business Focus: Casinos & Gaming
| Sector: Consumer Cyclicals | Industry: Casinos & Gaming |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 6101 BAKER ROAD ? SUITE 206 BAKER TECHNOLOGY PLAZA SOUTH MINNETONKA MN 55345 |
| Tel: | N/A |
| Website: | https://www.casinotrac.com |
| IR: | See website |
| Key People | ||
| Chad B. Hoehne Chairman of the Board, President, Chief Executive Officer, Founder, Chief Technology Officer | Randy W. Gilbert Chief Financial Officer | |
| Business Overview |
| Table Trac, Inc. designs, develops, and sells casino information and management systems. The Company has systems installed in North, South, and Central America, as well as Australia and the Caribbean. The Company has developed an information and management system (Table Trac system) that automates and monitors the operations of casino table game operations. In addition to its table games management system, the Company adds functionality to related casino system modules for guest rewards and loyalty club, marketing analysis, guest service, promotions, administration / management, vault / cage management and audit / accounting tasks. Aggregated together, all of these modules become the Casino Trac product, Casino Management System (CMS). It sells and leases systems and technical support to casinos. The open architecture of the Table Trac system is designed to provide operators with a scalable and flexible system that can interconnect and operate with third-party software or hardware. |
| Financial Overview |
| For the three months ended 31 March 2024, Table Trac Inc revenues decreased 12% to $2M. Net income decreased 97% to $12K. Revenues reflect System sales segment decrease of 63% to $305K. Net income also reflects Interest Income decrease of 3% to $86K (income), Research and Development in SGA increase of 7% to $17K (expense). Dividend per share remained flat at $0.01. |
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