secwatch.observer — SEC 8-K summary
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Issuer:     ReposiTrak, Inc. (TRAK)
CIK:        0000050471
Form:       8-K
Filed at:   2022-05-18T23:59:59+00:00
Accession:  0001851734-22-000278
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Park City Group Q3 net income +41%, EPS $0.05; signs large wholesaler reseller for traceability
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- GAAP net income $1.1M, up 41% vs $773K; diluted EPS $0.05, up 55% from $0.03.
- Recurring revenue rose 7.3% to $4.6M; 99% of total revenue is now recurring SaaS.
- Operating income increased 64% to $1.2M; operating expenses fell 36% to $3.4M.
- Repurchased 538,376 shares in Q3 for $3.74M at avg $6.95; $11.7M remaining on buyback.
- Signed reseller agreement with a top global wholesaler for ReposiTrak compliance/traceability solutions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/50471/000185173422000278/0001851734-22-000278-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/50471/000185173422000278/pcyg20220517_8k.htm
  HTML page:      https://secwatch.observer/filing/0001851734-22-000278

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer