Added to YB: 2026-08-31
Pitch date: 2026-08-27
TBTC [bullish]
Table Trac, Inc.
Author Info
Matheus Lonning shares independent research. Small/micro cap focus. Long biased. Sign up for the newsletter.
Company Info
Table Trac, Inc. designs, develops, and sells casino and table games management systems in the United States, Australia, Japan, the Caribbean, and Central and South America.
Market Cap
$27.6M
Pitch Price
$6.09
Price Target
N/A
Dividend
1.34%
EV/EBITDA
6.20
P/E
10.45
EV/Sales
1.49
Sector
Hotels, Restaurants and Leisure
Category
growth
NEW SERIES: CHATS WITH MANAGEMENT (TBTC)
TBTC (update): Table Trac is a recurring casino-software business valued below $30M despite 20%+ annual recurring-revenue growth over four years, acceleration in 1H26, roughly 74% software gross margins, nearly $10M of cash and no debt. CasinoTrac 5.0, kiosks and new installations could extend growth, while cybersecurity may support retention. The key constraints are a limited core market and only one confirmed Q4 2026 installation.
Read full article (4 min)