TransAct Q4 2021 net sales $11.1M (+43% YoY), net loss $(0.07)/sh, FST recurring revenue $2.1M

TRANSACT TECHNOLOGIES INC

Q4 net sales $11.1M, up 43% from $7.8M in Q4 2020; gross margin improved to 39.7% from 30.6%.
FST recurring revenue $2.1M in Q4, up 124% YoY; full-year recurring revenue $7.4M, up 95%.
Q4 net loss of $(0.7)M or $(0.07) per diluted share, vs. net loss of $(1.9)M or $(0.22) in Q4 2020.
Paid terminals reached 9,818 as of Dec 31, 2021, up 73% from 5,688 a year earlier.
Full-year 2021 net sales $39.4M, up 29% YoY; operating loss $(9.5)M vs. $(8.2)M in 2020.

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