Table Trac has shared its second quarter financial results, highlighting a 70% revenue increase driven by a surge of installations

Table Trac has shared its sec billet financial results, highlighting a 70% revenue step-up impelled past a upsurge of installations.

For Q2, the company, which develops and supplies casino information and management systems, produced $2.5m in revenue.

This represents an o'er $1m increment from the $1.4m Table Trac generated during Q2 of 2021, though as a total, remains modest. Nevertheless, the companionship has experient intelligent growth.

During the back quarter, Table Trac installed sextet systems at unexampled locations, patch its distributors expanded stream locations and installed the company’s scheme in o'er 40 unexampled locations.

All-in-all, Q2 saw Table Trac instal a put down keep down of games, however, the company’s net income in reality swayback into the cherry on a year-over-year basis.

Table Trac recorded a red ink of $242,324, shoot down from the prior-year period’s positive degree $153,635. This light can buoy follow for the most part attributed to a triple-digit hiking inwards the company’s cost of sales, which jumped past 380% from $333,402 to $1.6m.

But this did non countervail the company’s half-year climb inward profitability. For H1, Table Trac generated a meshing income of $1m, upwardly past 32% from $769,641.

This was impelled by top-line development of 60%, with the company’s half-year revenue rising to $5.8m. Table Trac also proclaimed that it has of late entered the Las Vegas market.

Chad Hoehne, Table Trac’s President, said: “Our company’s do work to design, build, put in and supporting casino clients with a character CMS system resolution is being rewarded all over the USA and inwards over 13 countries, but it is especially gratifying to lead off service inward the world’s largest gaming market.”

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