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what it is
It sells cloud software for food retailers and suppliers to manage ordering, compliance, and traceability.
how it gets paid
Last year Repositrak made $23M in revenue. Compliance & traceability was the main engine at $10.4M, or 45% of sales.
why it's growing
Revenue grew 10.5% last year. Revenue rose 102% vs. prior year, and EPS rose 100%.
what just happened
ReposiTrak posted $12M in revenue and $0.18 EPS last quarter.
At a glance
B+ balance sheet — decent shape, but not bulletproof
45/100 earnings predictability — expect surprises
33.2x trailing p/e — you're paying up for this one
1.0% dividend yield — cash in your pocket every quarter
14.1% return on capital — nothing to write home about
xvary composite: 49/100 — below average
What they do
It sells cloud software for food retailers and suppliers to manage ordering, compliance, and traceability.
Recurring SaaS revenue → repeat subscription money → so what: over 98% of total revenue now comes back again and again. That makes your customer base stickier than a normal software shop. Leaving is painful when retailers, wholesalers, and suppliers are all tied into the same network.
How they make money
$23M
annual revenue · their business grew +10.5% last year
Compliance & traceability
$10.4M
Supply chain management
$8.0M
E-commerce and ordering
$4.6M
The products that matter
food safety compliance platform
Traceability Network (RTN)
$22.6M · 98% of revenue
This is effectively the whole story: $22.6M of subscription revenue and 98% recurring mix give the business its premium multiple.
98% recurring
supplier management software
Supply Chain Solutions
$7M shifted to SaaS
Management has converted over $7M of one-time revenue into recurring SaaS, which makes the business cleaner even if it does not make it much bigger.
model shift
implementation and support work
Professional Services
$0.5M · 2% of revenue
Only $0.5M of revenue now comes from services, which tells you this company has largely finished the move away from one-off work.
sidecar segment
Key numbers
$23M
annual revenue
That is tiny next to giant software names, which is why one good contract can move the needle.
33.2x
trailing P/E
You are paying 33.2 times last year's earnings, so the market already expects a lot.
33.4%
operating margin
A 33.4% operating margin means the business keeps a third of revenue after running the machine.
$0M
long-term debt
No long-term debt gives the company room to breathe when growth gets bumpy.
Financial health
B+
strength
- balance sheet grade B+ — solid but not elite
- risk rank 4 — safer than 20% of stocks
- price stability 30 / 100
- long-term debt $0M (0% of capital)
B+ — functional but not a standout on the balance sheet.
Total return vs. market
Return history isn't available for TRAK right now.
source: institutional data · return history unavailable
What just happened
beat estimates
ReposiTrak posted $12M in revenue and $0.18 EPS last quarter.
Revenue rose 102% vs. prior year, and EPS rose 100%. The quarter was large enough to equal 52% of the $23M full-year revenue estimate.
$12.0M
revenue
$0.18
eps
84.1%
gross margin
latest quarter revenue
The $12M quarter matters because it was more than half of the $23M annual revenue estimate.
source: company earnings report, 2026
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What could go wrong
The top threat here is premium valuation on a very small revenue base. Repositrak has built a cleaner business. The market already knows that.
med
the stock is priced for continued execution
A 33.2x trailing p/e on $23M of revenue is a rich setup for a company growing 7–10%. If growth cools, the multiple can fall faster than the business improves.
At $11.62, you are not buying an ignored asset. You are buying a quality story the market already put a number on.
med
the moat is narrow
Recurring revenue rose from 62% in 2020 to 98% now, which is real progress. But this is still a niche software vendor with only $22.6M of SaaS revenue. Larger competitors have more room to spend on product and sales.
The risk is not that the model is bad. The risk is that a good niche model hits a ceiling before the valuation does.
med
small-cap trading cuts both ways
Price stability is only 30 / 100, coverage appears limited, and institutional ownership data is still thin. That usually means sharper moves when sentiment changes.
On a $144M market cap, modest buying or selling pressure can matter more than fundamentals in the short term.
When 98% recurring revenue sits inside only $23M of annual sales, you get a better business model than the old one — not a guarantee that 33.2x earnings is cheap.
source: institutional data · regulatory filings · risk analysis
Pay attention to
metric
recurring revenue mix staying at 98%
This is the whole quality case. If the mix slips, the stock stops looking like a clean SaaS conversion story and starts looking like a very small software vendor with a premium multiple.
calendar
Q3 FY2026 earnings report
Expected around may 14, 2026. Watch whether revenue can do better than the recent 7% pace without giving back that roughly 31% net margin.
trend
the stock versus its $8–$24 range
At $11.62, you are still in the lower half of the range. If fundamentals stay steady and the stock cannot recover, the market is telling you the multiple was the problem.
risk
small insider moves getting bigger interpretation
The $32k CEO sale is not large. In a lightly followed $144M stock, though, small signals travel farther. Keep an eye on whether it stays isolated or turns into a pattern.
Analyst rankings
earnings predictability
45 / 100
in human-speak, analysts do not see this as a smooth, clockwork earnings story yet.
price stability
30 / 100
The stock can move around more than the business does. That matters when coverage and liquidity are thin.
balance sheet strength
B+
No long-term debt helps. It does not make the equity low-risk, but it does remove one obvious problem.
source: institutional data
Institutional activity
institutional ownership data for TRAK is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$12
current price
n/a
target midpoint · n/a from current
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