ReposiTrak Sees Revenue Growth Amid Rising Demand

The latest update is out from ReposiTrak ( (TRAK) ).

ReposiTrak reported an 8% rise in first fiscal quarter revenue to $5.4 million, driven by increased demand for food traceability amid recent recalls and regulatory mandates. The company, which posted a 26% jump in net income to $1.6 million, is poised to double its annual recurring revenue over the next three years as it continues to onboard new customers. With a strong cash position and no bank debt, ReposiTrak is well-positioned to meet growing industry demands for traceability and compliance solutions.

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