ReposiTrak Inc
repositrak.comReposiTrak Inc (NASDAQ: TRAK) is a supply chain compliance and traceability software company that provides cloud-based solutions to food retailers, wholesalers, and their suppliers. Revenue comes primarily from subscription-based services sold across three product suites: Compliance Management, which helps customers vet suppliers and manage regulatory risk under the Food Safety Modernization Act; Traceability, built around the ReposiTrak Traceability Network connecting supplier, wholesaler, and retail locations; and a third supply chain management suite. The company uses a Hub-and-Spoke model, signing retail and wholesale Hubs and then connecting supplier Spokes to those Hubs. No single customer exceeded 10% of total revenue in the fiscal year ended June 30, 2025. The company reported net income of $6,978,127 for FY2025, up from $5,598,290 in FY2024. ReposiTrak pays a quarterly cash dividend, most recently raised to $0.02 per share ($0.08 per year) beginning with the quarter ended September 30, 2025. CEO and co-founder Randall K. Fields, whose prior company Mrs. Fields Cookies provided the original technology base, leads the business.
Products & Services
Three cloud-based application suites: (1) ReposiTrak Compliance Management, for supplier vetting and food safety regulatory compliance including FSMA; (2) ReposiTrak Traceability Network (RTN), connecting supplier locations to food wholesaler and retail locations for end-to-end traceability; (3) a supply chain management suite mirroring customer workflow. The company also holds nine awarded U.S. patents on its software technology, though the patent portfolio has been transferred to an unrelated third party with a retained license.
Revenue Model
Subscription-based SaaS fees charged to food retailers, wholesalers, and suppliers for access to cloud-delivered compliance, traceability, and supply chain management applications. The Hub-and-Spoke go-to-market model signs retailer and wholesaler Hubs first, then monetizes the supplier Spoke connections.
Customers & Markets
Food-related consumer goods retailers, food wholesalers, convenience store operators, general merchandise retailers, and their suppliers, concentrated in the U.S. consumer retail sector. No single customer exceeded 10% of total revenue in FY2025 (fiscal year ended June 30, 2025).
Geographic Exposure
Primarily U.S. consumer retail sector. The filing notes operations are focused on U.S. customers, with the company described as opportunistic toward other markets.
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