ReposiTrak, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023
February 14, 2024 at 10:16 pm
Share
ReposiTrak, Inc. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was USD 5.13 million compared to USD 4.75 million a year ago. Net income was USD 1.45 million compared to USD 1.27 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to USD 0.06 a year ago.
For the six months, sales was USD 10.19 million compared to USD 9.47 million a year ago. Net income was USD 2.83 million compared to USD 2.55 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to USD 0.12 a year ago. Diluted earnings per share from continuing operations was USD 0.14 compared to USD 0.12 a year ago.
Repositrak, Inc., Formerly Park City Group, Inc., provides retailers, suppliers, and wholesalers with a solution suite to help reduce risk and remain in compliance with regulatory requirements. The Company consists of three product families: food traceability, compliance and risk management, and supply chain solutions. The Companyâs cloud-based platform's integrated applications are mutually reinforcing and work synergistically to create value and a positive impact. The Companyâs platform helps optimize sales, sourcing, and safety in the retail supply chain. It offers the Repositrak traceability network, which is a Food Safety Modernization Act (FSMA) 204 food traceability solution. Its compliance and risk management includes reducing financial, brand and regulatory risk with industry choice. Its supply chain solutions include reducing out-of-stock, growing revenue, cutting operational expense, and creating supply chain visibility.