Park City Group Q1 net income up 71% to $947K; recurring SaaS revenue +10%

ReposiTrak, Inc.

2021-Q1 EPS reported $0.04 revenue$4,559,677

Total revenue $4.6M, down 13% YoY due to planned MarketPlace conversion to recurring.
Recurring SaaS revenue $4.4M, up 10%; operating expenses down 26% to $3.4M.
GAAP diluted EPS $0.04 vs $0.02; cash from operations $1.1M.
Paid off $6M line of credit; no debt; cash $20.4M; $11.9M left on share buyback.
Company sees growing interest in traceability solution ahead of FDA FSMA mandates.

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