secwatch.observer — SEC 8-K summary
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Issuer:     TRANSACT TECHNOLOGIES INC (TACT)
CIK:        0001017303
Form:       8-K
Filed at:   2022-03-09T23:59:59+00:00
Accession:  0001017303-22-000009
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1017303/000101730322000009/0001017303-22-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1017303/000101730322000009/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001017303-22-000009

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