$TBTC — Valye Company Analysis
Table Trac, Inc. leverages its proprietary Table Trac system and integrated Casino Management System (CMS) to automate and monitor casino table game operations, supporting over 115 operators in more than 300 casinos globally. Despite a slig
Key points:
• 2025 revenue slightly declined by 1% to approximately $11.05 million, while net income grew 3.2% to $1.63 million, reflecting resilient profitability amid unpredictable order flows.
• Table Trac’s patented real-time table game automation system and modular CMS provide a technological moat with regulatory audit compliance and flexible third-party integrations.
• The company supports a broad installed base with ongoing contracts spanning 300+ casinos worldwide, generating license-based recurring revenue streams primarily from maintenance and service agreements.
• A recent patent-pending AI technology aims to elevate operational telemetry for superior table game monitoring, enhancing customer retention amid industry competition.
• Operating cash flow remains solid at $1.81 million in 2025, with capital expenditures curtailed to $31K; the firm initiated quarterly dividends reflecting strengthened free cash flow generation.
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