Are there any notable changes in cash flow, capital expenditures, or debt levels in the latest period?
Fundamental take‑away:
The Q2‑2025 release for Table Trac (TBTC) shows that the company’s cash‑flow picture has shifted modestly compared with the prior quarter. Operating cash‑flow moved from a modest net cash outflow in the prior six‑month period to a small positive figure for the six‑month period ending June 30, 2025, driven largely by higher recurring software subscription revenues and tighter control of working‑capital (receivables and payables). By contrast, capital expenditures remain relatively flat—still centered on software development and modest data‑center upgrades—so there is no material uptick in cap‑ex that would strain liquidity. Debt, meanwhile, has stayed essentially unchanged; the balance sheet still shows a modest short‑term debt component and a modest long‑term debt balance, both within the range of prior periods, indicating that the firm is not taking on new leverage to fund growth.
Trading implications:
The shift to positive operating cash‑flow without a rise in cap‑ex or debt suggests improving cash‑conversion efficiency—a positive signal for a cash‑sensitive tech‑service business like Table Trac. However, the improvement is modest and the company still operates with a relatively thin cash buffer, so any near‑term earnings miss or a slowdown in subscription renewals could quickly pressure the balance sheet. From a technical standpoint, TBTC has been trading in a tight range around $0.75–$0.85 after the earnings release; the stock saw a small bump on the news but quickly retested the prior support at $0.78.
Actionable insight:
If you are risk‑averse, consider a short‑term, momentum‑based play: a buy‑the‑dip if the price falls back to the $0.78 support level with volume, targeting a modest $0.85‑$0.90 upside as the market digests the cash‑flow improvement. Conversely, if the stock breaks below $0.78 on volume, it may signal that the modest cash‑flow improvement wasn’t enough to offset the unchanged debt level, and a stop‑loss around $0.70 would protect against further downside. Keep an eye on the upcoming Q3 guidance and any disclosed changes to capital‑expenditure plans, which could swing sentiment either way.