(Summary) (Company) (Chart)
20 June 2017
1yr Target $11.00
Payout Ratio %
1yr Cap Gain %
1yr Tot Return %
EPS (ttm) $0.52
EPS next yr $0.54
Forward P/E 15.88
EPS next 5yr 20.00%
1yr Price Support $
Market Cap $62.94 Mil
Revenues $56.90 Mil
Earnings $3.90 Mil
Profit Margin %
Quick Ratio 2.00
Current Ratio 3.70
1yr RevGR -4.10%
3yr RevGR -1.63%
5yr RevGR -2.81%
1yr EarnGR 20.51%
3yr EarnGR -6.17%
5yr EarnGR -0.83%
1yr DivGR 0.00%
3yr DivGR 2.30%
5yr DivGR ---
TransAct Technologies Incorporated was incorporated in June 1996 and began operating as a stand-alone business in August 1996 as a spin-off of the printer business that was formerly conducted by certain subsidiaries of Tridex Corporation.
TransAct is a global leader in developing and selling software-driven technology and printing solutions for high growth markets including restaurant solutions, POS automation and banking, casino and gaming, lottery, mobile and oil and gas. The Company's products are designed from the ground up based on market and customer requirements and are sold under the AccuDateTM, Epic, EPICENTRALTM, Ithaca, Printrex and Responder brand names.
Known and respected worldwide for innovative designs and real-world service reliability, the Company's thermal, inkjet and impact printers and terminals generate top-quality labels and transaction records such as receipts, tickets, coupons, register journals and other documents, as well as printed logging and plotting of data. TransAct sells their products to original equipment manufacturers, value-added resellers, select distributors, and directly to end-users. The Company's product distribution spans across the Americas, Europe, the Middle East, Africa, Asia, Australia, the Caribbean Islands and the South Pacific.
TransAct also provides world-class service, spare parts, accessories and printing supplies to its growing worldwide installed base of products. Through the TransAct Services Group, the Company provides a complete range of supplies and consumables used in the printing and scanning activities in the restaurant and hospitality, banking, retail, casino and gaming, government and oil and gas exploration markets.
Products, Services and Distribution Methods
Printers and terminals: TransAct designs, develops, assembles and markets a broad array of transaction-based and specialty printers and terminals utilizing thermal, inkjet and impact printing technology for applications, primarily in the restaurant solutions, banking and POS, casino and gaming, lottery, oil and gas, medical and mobile printing markets. Printers and terminals are configurable and offer customers the ability to choose from a variety of features and functions. Options typically include interface configuration, mounting configuration, paper cutting devices, paper handling capacities and cabinetry color. Restaurant solutions terminals also offer configurable menu options. In addition the Company designs and assembles custom printers for certain OEM customers. In collaboration with these customers, TransAct provides engineering and manufacturing expertise for the design and development of specialized printers tailored to customers' businesses.
Restaurant Solutions: The Company's line of AccuDate terminals for the restaurant solutions market combine hardware and software in a device that includes an operating system, touchscreen and one or two thermal print mechanisms that print easy-to-read food rotation labels, grab and go labels for prepared foods, and "enjoy by" date labels to help food service establishments and restaurants effectively manage food spoilage and automate and manage back-of-the-restaurant operations. The Company's newest addition to the AccuDate product line, the AccuDate XL, is a unique Android® 5.0-based restaurant management terminal specifically designed to meet the food prep management and labeling needs of the restaurant and hospitality industries. Customers buying the AccuDate XL with Jolt software can utilize the terminal for food expiration date labeling and Grab & Go labeling, along with account management and an analytics portal. TransAct's restaurant management terminal, integrated with CrunchTime's KitchenSync App provides an innovative platform that revolutionizes food preparation, food management and other back-of-house processes.
POS automation and banking: Our POS automation and banking printers include hundreds of optional configurations that can be selected to meet particular customer needs. TransAct believes that this is a significant competitive strength, as it allows the Company to satisfy a wide variety of printing applications that customers request. The Company sells several models of printers utilizing thermal and impact printing technology. POS printers are used primarily by restaurants located either at the checkout counter or within self-service kiosks to print receipts for consumers or print on linerless labels. In the banking market, the Company sells inkjet printers that are used by banks, credit unions and other financial institutions to print deposit or withdrawal receipts and/or validate checks at bank teller stations.
Casino and gaming: TransAct sells several models of printers used in slot machines and video lottery terminals and other gaming machines that print tickets or receipts instead of issuing coins at casinos, racetracks and other gaming venues. These printers utilize thermal printing technology to print tickets or receipts in monochrome, and offer various other features such as jam resistant bezels and a dual port interface that enables casinos to print coupons and promotions. In addition, the Companh sells printers using thermal printing technology for use in non-casino establishments, including game types such as Amusements with Prizes, Skills with Prizes, Fixed Odds Betting Terminals and other off-premise gaming type machines around the world. TransAct sells products primarily to (1) slot machine manufacturers, who incorporate these printers into slot machines and sell completed slot machines directly to casinos and other gaming establishments and (2) through the Company's primary worldwide distributor, Suzo-Happ Group.
The Company also offers a software solution, the EPICENTRALTM Print System that enables casino operators to create promotional coupons and marketing messages and to print them in real-time at the slot machine. With EPICENTRALTM, casinos can utilize the system to create multiple promotions and incentives to either increase customer time spent on the casino floor or encourage additional visits to generate more revenue to the casinos.
Lottery: The Company supplies lottery printers to International Gaming Technology and its subsidiaries. These printers are designed for high-volume, high-speed printing of lottery tickets for various lottery applications. Sales of our lottery products are made directly to IGT and managed by an internal sales representative.
Printrex: Printrex printers include wide format, desktop and rack mounted and vehicle mounted black/white and color thermal printers used by customers to log and plot oil field and down hole well drilling data in the oil and gas exploration industry. It also includes high-speed color inkjet desktop printers used to print logs at data centers of the oil and gas field service companies. In 2015, the Company launched the Responder MP2TM, their first printer for the large machine-to-machine vertical market. The Responder MP2TM is an all-in-one mobile printing solution for a number of vehicles, including fire, police, EMS, insurance, public utilities and delivery vehicles. The Company sells their Printrex products directly to oil field service and drilling companies and OEM's in the United States, Europe, Canada and Asia.
TSG: Through TSG the Company markets the sale of consumable products (including inkjet cartridges, ribbons, receipt paper, and other printing supplies), replacement parts, maintenance and repair services and testing services for all of their products and certain competitor's products. Maintenance services include the sale of extended warranties, multi-year maintenance contracts, 24-hour guaranteed replacement product service called TransAct XpressTM and TransAct Care, and other repair services for our printers and terminals.