ReposiTrak announces quarterly dividend for shareholders

Published 21/03/2025, 21:16
ReposiTrak announces quarterly dividend for shareholders

SALT LAKE CITY - ReposiTrak, Inc. (NYSE: TRAK), a key player in the food traceability and compliance network sector, has announced a quarterly dividend payment to its shareholders. The declared dividend is set at $0.01815 per share for the current quarter, which amounts to an annual payout of $0.0726 per share, representing a 0.37% yield. According to InvestingPro analysis, the stock is currently trading above its Fair Value, with the company showing impressive gross profit margins of 83.3%.

Shareholders of record as of March 31, 2025, will be eligible for the dividend, with the payment date scheduled on or about May 15, 2025. Future dividends are planned to be disbursed within 45 days following the end of each fiscal quarter. With a market capitalization of $371.7 million and strong financial metrics, ReposiTrak maintains a healthy balance sheet with a current ratio of 5.18, indicating robust liquidity.

ReposiTrak’s platform is a cloud-based Software as a Service (SaaS) solution that supports inventory management and aims to minimize out-of-stock scenarios. The company’s suite of products is designed to help retailers, suppliers, food manufacturers, and wholesalers manage risk, maintain regulatory compliance, and enhance operational controls while also protecting brand integrity. InvestingPro analysis reveals the company has achieved a "GREAT" financial health score, with 12 additional ProTips available to subscribers covering various aspects of the company’s performance.

The company’s financial performance and management’s analysis are detailed in ReposiTrak’s annual report on Form 10-K for the fiscal year that concluded on June 30, 2024, along with other reports filed with the Securities and Exchange Commission. These documents offer insights into the company’s operational results and financial health and are available for investors to review. The reports also include a discussion of risk factors that could potentially affect the company’s business and should be considered by current and prospective investors.

This dividend declaration by ReposiTrak is based on a press release statement and reflects the company’s commitment to providing value to its shareholders. The dividend is part of ReposiTrak’s financial strategy and aligns with its ongoing efforts to maintain a robust and reliable service platform within the food industry’s supply chain.

In other recent news, Repositrak Inc. reported its Q2 FY2025 earnings, revealing a slight miss in both earnings per share (EPS) and revenue compared to analyst forecasts. The company recorded an EPS of $0.08, falling short of the anticipated $0.09, and revenue of $5.5 million, below the expected $5.83 million. Despite these misses, Repositrak’s revenue increased by 7% year-over-year, while EPS grew 14% over the same period. The company remains optimistic about future prospects, anticipating double-digit revenue growth in upcoming quarters. This growth is supported by Repositrak’s strategic focus on automation and innovation, which has bolstered its competitive position in the traceability market. Analysts have not provided any upgrades or downgrades following the earnings report. The company also highlighted its strong cash position, with $28 million on the balance sheet, up 12% from previous figures. Repositrak’s management continues to emphasize their commitment to enhancing profitability and customer satisfaction through ongoing technological advancements.

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