ReposiTrak, a leading food traceability and compliance network, announced a 10% revenue growth in the first fiscal quarter of 2026.
The company's net income rose by 9% to $1.8 million, with $6.0 million in total revenue.
ReposiTrak's earnings per share increased by 13% and the company ended the quarter with $29 million in cash and no debt.
Revenue Growth
First quarter revenue saw a solid 10% increase, reaching $6.0 million compared to $5.4 million in the previous year.
Profit Boost
Net income climbed by 9% to $1.8 million, indicating a profitable quarter for ReposiTrak.
Shareholder Returns
Quarterly EPS rose to $0.10 per basic and $0.09 per diluted share, showing a 13% increase in returns to common shareholders.
Financial Strength
The company finished the quarter with a remarkable $29 million in cash reserves and zero bank debt, demonstrating strong financial stability.
Dividend Increase
ReposiTrak declared a quarterly dividend of $0.02 per share, marking a 10% increase and reflecting the company's commitment to rewarding shareholders.
- ReposiTrak's Q1 performance underscores its steady growth trajectory, with revenue, net income, and shareholder returns all showing positive trends.
- The company's focus on automation and efficiency enhancements is driving operational leverage and increasing profitability, positioning ReposiTrak as a leader in traceability and compliance solutions.
With robust financial results, strategic dividend increase, and ongoing focus on operational efficiency and shareholder value, ReposiTrak continues to position itself as a key player in the food traceability and compliance industry.