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Financial Analysis

Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data

Fundamentals

ReposiTrak, Inc. TRAK

· Technology · Services-Computer Processing & Data Preparation

FY2026 10-K, filed 2026-09-28
SEC EDGAR

Filing evidence summary

Constructive evidenceCoverage 4/5 core metrics

9 filing-based checks were evaluable.

Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.

Evidence signals

  • No current rule-based risk flags

    9 filing-based checks were evaluable.

    Why this surfaced

    The full financial analysis shows each value, threshold, and sector limitation.

  • Revenue expanded

    Latest reported annual revenue changed +3.0% from the prior reported annual observation.

    Why this surfaced

    Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2026-06-30.

  • Operating margin improved

    Operating margin changed +6.1 percentage points from the prior annual period.

    Why this surfaced

    Direction threshold: more than +1 percentage point constructive; below -1 point caution. Period end 2026-06-30.

  • Free cash flow was positive

    Latest reported free cash flow was $8M.

    Why this surfaced

    Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2026-06-30.

Core trend metrics

Latest annual revenue growth
+3.0%
as of 2026-06-30
Latest annual operating margin
33.7%
as of 2026-06-30
Free cash flow
$8M
as of 2026-06-30
ROIC snapshot
12.3%
period varies

Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.

Where to look next

Risk checks

0of 9 rule-based checks flagged

Financial movement

  • Cash→ flat
  • Long-term debt→ flat
  • Inventory→ flat
  • Receivables→ flat
  • Current assets→ flat

Source & freshness

Source
SEC EDGAR XBRL
Fetched
2026-10-21
Latest period end
2026-06-30
Filings
EDGAR ↗

Reported segment mix

figures as filed · share of the filed sum · change vs the prior period in the same filing
Fiscal year ending 2026-06-3010-K filed 2026-09-28prior period 2025-06-30 from the same filingView filing
By product or service
Revenue
  • Subscription And Support$23.1M
    99.2%
    +3.6% yoy
  • Professional Services$189K
    0.8%
    -38.1% yoy

Members sum to the consolidated $23.3M for this period.

Latest quarter
Quarter ending 2026-03-3110-Q filed 2026-05-14prior period 2025-12-31 from the same filingView filing
  • Subscription And Support$5.87M
    99.7%
    no prior
  • Professional Services$15.8K
    0.3%
    no prior

Change is against the same quarter a year earlier, as reported in the same 10-Q.

Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.

Peer percentiles

latest fiscal year ending 2026-06-30 · among 4,060 US-listed filers · 808 in Technology
MetricValuevs all filersvs sector
Revenue
latest fiscal-year revenue as filed
$23M
16thof 3,247
bottom third
14thof 769
bottom third
Revenue growth
latest fiscal-year revenue vs the prior fiscal year
3.0%
39thof 3,083
middle third
33rdof 735
bottom third
Operating margin
operating income ÷ revenue
33.7%
94thof 2,777
top third
95thof 742
top third
Net margin
net income ÷ revenue
32.5%
92ndof 3,212
top third
95thof 761
top third
Free-cash-flow margin
(operating cash flow − |capex|) ÷ revenue
35.3%
93rdof 2,640
top third
95thof 692
top third
Return on equity
net income ÷ stockholders' equity (positive equity only)
14.5%
78thof 3,520
top third
72ndof 713
top third
Stock comp ÷ revenue
stock-based compensation ÷ revenue · lower is ranked higher
1.9%
52ndof 2,852
middle third
67thof 719
top third
Days sales outstanding
receivables ÷ revenue × 365 · lower is ranked higher
72 days
25thof 2,373
bottom third
35thof 706
middle third
Cash conversion
operating cash flow ÷ net income (net income > 0)
1.1×
28thof 2,243
bottom third
22ndof 427
bottom third
Cash-flow accrual ratio
(net income − operating cash flow) ÷ average total assets · lower is ranked higher
-1.1%
28thof 3,845
bottom third
18thof 769
bottom third
Balance-sheet accrual ratio
change in net operating assets ÷ average net operating assets · lower is ranked higher
17.8%
31stof 3,301
bottom third
32ndof 678
bottom third

Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.

Earnings quality

latest fiscal year ending 2026-06-30 · accruals and cash conversion as filed
Cash conversion
1.09×
operating cash flow ÷ net income, latest fiscal year
Cash-flow accrual ratio
-1.1%
(net income − operating cash flow) ÷ average total assets
Balance-sheet accrual ratio
17.8%
change in net operating assets ÷ average net operating assets
Cash-backed years
5 of 5
fiscal years where operating cash flow met or exceeded net income
Mean cash conversion
1.31×
across the stored fiscal years with positive net income

Per fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.

Point-in-time ledger

first-reported vs latest filing · periods since 2020-01-01 · 1 changed period
Line itemPeriodFirst reportedLatest filingChangeFilings
Stock-based compensation
ShareBasedCompensation
quarter 2024-09-30$150K
10-Q 2024-11-14
$100K
10-Q 2025-11-13
-33.3%first · latest

First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding; share counts re-presented by an integer split ratio are listed as split adjustments, not restatements. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.

Notes by disclosure type

debt, leases, revenue, segments, contingencies, taxes and more · the filer's own words
Latest annual report10-K FY2026 · filed 20260928View filing
Commitments and contingencies · 2,926 characters as filed

NOTE 11. COMMITMENTS AND CONTINGENCIES Leases On May 1, 2019, the Company completed the expansion of new equipment for the Companys information technology infrastructure, buildout of its corporate headquarters, and expansion of its collocation data center, which it completed using approximately $1,269,000 (the Lease Amount ) of funds provided by U.S. Bank to finance equipment and services related to the Companys expansion and relocation pursuant to that certain lease agreement, originally entered into by and between the Company and U.S. Bank on January 9, 2019 ( the Lease Agreement ). Pursuant to the Lease Agreement, as of May 1, 2019, U.S. Bank is now leasing back the property and equipment purchased by the Company. Pursuant to the Lease Agreement, commencing May 1, 2019, the initial term of the lease shall be 48 months, the Lease Amount shall accrue interest at a rate of 5.0% per annum, and the Company shall be required to make monthly rental payments in the amount of approximately $29,097 per month. On July 30, 2020 the Company made an early repayment of the entire outstanding balance on the note payable due to U.S. Bank in the amount of $960,208. The repayment amount included $64,721 of accrued interest. No repayment penalties were incurred as a result of the transaction. On June 21, 2018 the Company entered into an office lease at 5282 South Commerce Drive Suite D292, Murray, Utah 84107, providing for the lease of approximately 9,800 square feet for a period of three yea …

CommitmentsAndContingenciesDisclosureTextBlock · excerpt; the full note is in the filing

Revenue disaggregation · 272 characters as filed

Year Ended, June 30 2026 2025 Change $ Change % Recurring revenue subscription and support services $ 23,098,359 $ 22,300,840 $ 797,519 4 % Non-recurring revenue setup and training services 188,960 305,226 (116,266 ) -38 % Total $ 23,287,319 $ 22,606,066 $ 681,253 3 % …

DisaggregationOfRevenueTableTextBlock · excerpt; the full note is in the filing

Income taxes · 4,696 characters as filed

NOTE 10. INCOME TAXES Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carry forwards and deferred tax liabilities are recognized for taxable differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Management assesses the available positive and negative evidence to estimate if sufficient future taxable income will be generated to use the existing deferred tax assets. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. The provision for income taxes for the year ended June 30, 2026 and 2025 consists of the following: 2026 2025 Current: Federal $ 1,398,426 $ 641,718 State 602,608 34,132 Total Current 2,001,034 675,850 Deferred: Federal 207,938 - State (258,973 ) - Total Deferred (51,035 ) - Total Provision $ 1,949,999 $ 675,850 The table below provides the updated requirements of ASU 2023 - 09 for the year ended June 30, 2026. 2026 Amount Percent Federal income tax expense at the statutory rate $ 1,999,092 21.00 % State and local income taxes, net of Federal income tax effect 281,123 3.00 % Foreign tax effects - 0.00 % Effect of c …

IncomeTaxDisclosureTextBlock · excerpt; the full note is in the filing

Related parties · 2,027 characters as filed

"NOTE 15. RELATED PARTY TRANSACTIONS Service Agreement. During the year ended June 30, 2026, the Company continued to be a party to a service agreement (the Service Agreement ) with Riverview Financial Corp ( ""Riverview"" ). Riverview was the sole shareholder of Fields Management, Inc. ( FMI ) which was merged into Riverview and Riverview became party to the Service Agreement by assumption of the Service Agreement. Riverview, like FMI prior to the merger, provided certain executive management services to the Company, including designating Randall K. Fields to perform the functions of President and Chief Executive Officer for the Company. Mr. Fields, Riverviews designated executive, who also serves as the Companys Chair of the Board of Directors, controls Riverview. During the years ended June 30, 2026 and 2025, the Company paid Riverview $1,025,617 and $1,025,617 respectively, in connection with the Service Agreement. The Company had no payables to Riverview under the Service Agreement as of June 30, 2026 or June 30, 2025. During the year ended June 30, 2026, the Company redeemed and retired an aggregate of $1,874,993 in Series B Preferred from Mr. Randall K. Fields, affiliates of Mr. Fields, and Robert W. Allen. During the year ended June 30, 2025, the Company redeemed and retired an aggregate of $2,937,749 in Series B Preferred from Mr. Randall K. Fields, affiliates of Mr. Fields, and Robert W. Allen. During the year ended June 30, 2024, the Company redeemed and retired an …

RelatedPartyTransactionsDisclosureTextBlock · excerpt; the full note is in the filing

Revenue recognition · 175 characters as filed

NOTE 9. DEFERRED REVENUE Deferred revenue consisted of the following at June 30: 2026 2025 Subscription $ 3,072,889 $ 2,799,317 Other 1,436,926 376,591 $ 4,509,815 $ 3,175,908

RevenueFromContractWithCustomerTextBlock

Segment reporting · 564 characters as filed

"NOTE 16. SEGMENT INFORMATION The Company operates as one operating segment. The Company's chief operating decision maker ("" CODM "") is its chief executive officer, who reviews financial information presented on a consolidated basis. The CODM uses consolidated gross profit margin, operating margin, and net income to assess financial performance and allocate resources. These financial metrics are used by the CODM to make key operating decisions such as the allocation of budget between cost of sales, sales and marketing, and general and administrative expenses."

SegmentReportingDisclosureTextBlock

Significant accounting policies · 34,297 characters as filed

"NOTE 2. SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation The financial statements presented herein reflect the consolidated financial position of ReposiTrak, Inc. and our subsidiaries. All inter-company transactions and balances have been eliminated in consolidation. Use of Estimates The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles ( GAAP ) requires management to make estimates and assumptions that materially affect the amounts reported in the consolidated financial statements. Actual results could differ from these estimates. The methods, estimates, and judgments the Company uses in applying its most critical accounting policies have a significant impact on the results it reports in its financial statements. The Securities and Exchange Commission (the SEC ) has defined the most critical accounting policies as those that are most important to the portrayal of the Companys financial condition and results and require the Company to make its most difficult and subjective judgments, often because of the need to make estimates of matters that are inherently uncertain. Based on this definition, the Companys most critical accounting policies include revenue recognition, goodwill, other long-lived asset valuations, income taxes, stock-based compensation, and capitalization of software development costs. Concentration of Credit Risk and Significant Customers The Company maintains cash in bank deposit acco …

SignificantAccountingPoliciesTextBlock · excerpt; the full note is in the filing

Stockholders' equity · 13,039 characters as filed

"NOTE 13. STOCKHOLDERS EQUITY Officers and Directors Stock Compensation Effective October 2018, the Board of Directors approved the following compensation for directors who are not employed by the Company: Annual compensation of $75,000 payable at the rate of $18,750 per quarter. The Company has the right to pay this amount in the form of cash or shares of the Companys Common Stock. Upon appointment, outside independent directors receive a grant of $150,000 payable in shares of the Companys restricted Common Stock calculated based on the market value of the shares of Common Stock on the date of grant. The shares vest ratably over a five -year period. Reimbursement of all travel expense related to performance of Directors duties on behalf of the Company. Officers, Key Employees, Consultants and Directors Stock Compensation In January 2013, the Board of Directors approved the Second Amended and Restated 2011 Stock Plan (the Amended 2011 Plan ), which Amended 2011 Plan was approved by shareholders on March 29, 2013. Under the terms of the Amended 2011 Plan, all employees, consultants and directors of the Company are eligible to participate. The maximum aggregate number of shares of Common Stock that may be granted under the Amended 2011 Plan is 675,000 shares. The Companys Amended 2011 Plan terminated on April 1, 2023, and no new awards were granted under the 2011 Plan thereafter. Awards outstanding under the 2011 Plan remain subject to the 2011 Plan. Any shares subject to outst …

StockholdersEquityNoteDisclosureTextBlock · excerpt; the full note is in the filing

Subsequent events · 795 characters as filed

NOTE 17. SUBSEQUENT EVENTS The Company evaluated subsequent events through September 28, 2026, the date the consolidated financial statements were issued. On July 1, 2026, the Company entered into Stock Purchase Agreements to acquire an aggregate of 4,709,837 shares of common stock of SPAR Group, Inc. Aggregate consideration was approximately $3.3 million and consisted of a previously paid $100,000 non-refundable deposit, approximately $625,000 of cash consideration and the issuance of an unsecured promissory note with a principal amount of $2,571,885. The note bears interest at 6.0% per annum and matures on July 1, 2030. The transaction occurred subsequent to June 30, 2026 and therefore has not been recognized in the accompanying consolidated financial statements as of June 30, 2026.

SubsequentEventsTextBlock

Source: SEC DERA Financial Statement and Notes data sets (txt.tsv), excerpts of the filer's own note text; the full note is in the linked filing. Excerpts are the first part of each note exactly as tagged in the filing; open the filing for the full text and the tables. Descriptive and educational, not advice.

Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.

Educational content only. Not financial advice. TrendNalysis provides educational and informational financial analysis built from public SEC filings and economic data (FRED, BLS). It is not financial, investment, tax, or legal advice and is not a recommendation to buy or sell any security. Market pricing is not currently included. Past performance does not guarantee future results. Always do your own research and consult a licensed financial professional before investing.