---
schema_version: "secwatch.filing_event.v1"
accession: "0001851734-21-000119"
form_type: "8-K"
ticker: "TRAK"
cik: "0000050471"
company_name: "ReposiTrak, Inc."
filed_at: "2021-11-18T23:59:59+00:00"
generated_at: "2026-06-28T07:10:31.224618+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001851734-21-000119
- form_type: 8-K
- ticker: TRAK
- cik: 0000050471
- company_name: ReposiTrak, Inc.
- filed_at: 2021-11-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50471/000185173421000119/0001851734-21-000119-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50471/000185173421000119/pcyg20211117_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001851734-21-000119
- JSON: https://secwatch.observer/filing/0001851734-21-000119.json
- Plain text: https://secwatch.observer/filing/0001851734-21-000119.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.