earnings
confidence high
sentiment negative
materiality 0.65
TransAct Q4 net loss $8.0M includes $7.3M tax valuation allowance; guides FY2025 sales $47-52M
TRANSACT TECHNOLOGIES INC
- Q4 net sales $10.2M, down 23% YoY; full-year 2024 sales $43.4M, down 40%.
- Q4 GAAP net loss $0.79/diluted share; adjusted net loss $0.06/diluted share.
- Recorded $7.3M non-cash valuation allowance on deferred tax assets in Q4.
- FY2025 guidance: net sales $47-52M; adjusted EBITDA between breakeven and -$2M.
- Sold over 1,600 terminals in Q4; strategic review process remains active.