ReposiTrak Inc., the world's largest food traceability and regulatory compliance network, reported a 16% increase in total revenue for the third fiscal quarter of 2025, amounting to $5.9 million compared to $5.1 million in the same quarter of the previous year. The company highlighted that 98% of this revenue was recurring. Operating expenses for the quarter rose by 7% to $4.1 million, up from $3.8 million last year. Net income for the quarter increased by 27% to $2.0 million, compared to $1.6 million in the third quarter of the prior year. Net income to common shareholders also saw a significant rise of 33%, reaching $1.9 million from $1.4 million the previous year. The company reported a diluted earnings per share $(EPS)$ of $0.10, an improvement from $0.08 in the previous year's third fiscal quarter. ReposiTrak also announced that during the quarter, they redeemed 70,093 preferred shares at a redemption price of $10.70 per share, totaling $749,995, and paid $331,000 in cash dividends to common shareholders. The company ended the quarter with over $28.1 million in cash and no bank debt, demonstrating strong financial stability.