How did TACT's revenue and expenses shift in Q4 2024?

Transact Technologies (TACT) experienced a significant decline in net income, operating expenses, and revenue in Q4 2024 compared to the previous quarter, indicating a challenging period for the company:

1. Revenue Shift:
   • TACT's revenue decreased to $20.35 million in Q4 2024, down from the previous quarter's revenue of $25.61 million. This represents a decrease of approximately 20.6%.
   • The company's revenue was distributed across various segments, with the most notable being Casino and Gaming, Food Safety, POS Automation and Banking, and Restaurant Solutions.
2. Net Income Decline:
   • TACT reported a net loss of $7.96 million in Q4 2024, which is a substantial decrease from the net income of $1.74 million in the previous quarter. This indicates a sharp deterioration in profitability.
3. Operating Expenses:
   • The operating expenses for Q4 2024 are not provided, which makes it difficult to analyze the company's cost management during this period.
4. Segment Performance:
   • Within the revenue segments, Casino and Gaming contributed the most, followed by Food Safety, POS Automation and Banking, and Restaurant Solutions.
   • The decline in revenue across segments suggests a broader economic challenge affecting the entire business.

In conclusion, TACT faced a tough quarter with a substantial drop in revenue and a significant negative net income. The company's performance across different segments was impacted, pointing to potential sector-wide challenges. The absence of operating expense data makes it challenging to fully assess cost management efforts, but the overall financial health of the company appears strained in Q4 2024.

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TACT Revenue By Business

Date	Business Composition	Revenue By Business
20240101-2024	TransAct Services Group	3.57M
20240101-2024	TransAct Services Group	2.82M
20240101-2024	TransAct Services Group	1.95M
20240101-2024	TransAct Services Group	1.04M
20240101-2024	Food Safety, POS Automation and bBanking	3.95M
20240101-2024	Casino and Gaming	5.70M
20240101-2024	TransAct Services Group	1.04M

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