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MARKETS / BALCAO / TRCK
BALCAO · COMMUNICATIONS EQUIPMENT, NEC · SMALL CAP

Track Group, Inc. TRCK

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$35.2M
▼ 4.5% YoY
$-1.9M
In brief

What this company does

The Company designs, manufactures, and markets location tracking devices and develops and sells a variety of related software, services, accessories, networking solutions, and monitoring applications. Our products and services include a full-range of one-piece GPS tracking devices, a device-agnostic operating system, a portfolio of software applications including smartphone, alcohol and predictive analytics, and a variety of accessory, service and support offerings. As of December 2, 2025, we had 91 full-time employees.

Written from the business description in Track Group, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 19 December 2025. Every sentence was checked against that document before publication.

Growth
USD 35.2M
Revenue, FY2025 · full 16-year series below
Revenue $M Net income $M
FY2025 · Revenue 35.2 · Net income -1.9
20M-8M-16M201020122014201620182020202220242025
Compound annual growth
−1.6%
+0.8%
+5.4%
+7.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +0.8% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−5 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 3.5% · Net -5.3%
-50%-100%201020122014201620182020202220242025
ROE
FY2021 · ROE 475.3%
200%400%-200%-400%-600%201020122014201620182020202220242025

Cash & shareholders
returned in FY2025 · dividends + net buybacks

Total assetsUSD 40.3M
EquityUSD -11.5M
Gross debtUSD 42.7M
Current ratio1.32×

Equity funds -29% of total assets.

The 16-year record
16 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Operating income $B0.0−0.0−0.0−0.00.00.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B0.00.00.00.00.00.00.00.0−0.0−0.0−0.0−0.00.0−0.0−0.0−0.0
Income tax $B0.0−0.00.00.00.00.00.00.00.00.00.0··0.00.0·
Net income $B−0.0−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $−0.16−0.26−0.30−0.640.29−0.01−0.23−0.51−0.45−0.83−0.56−0.88−3.79−6.27−0.03−0.07
Dividend / sh $················
Payout %················
ROE %····475.3·−696.6−142.6−64.4−73.7−33.1−39.9−126.2−193.5−118.1−440.4
Shares out B0.010.010.010.010.010.010.010.010.010.010.010.010.000.000.500.28

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures · 1 divergences in 80 reconciliationsAUDITED

Reconciled in 15 of 19 fiscal years. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 15 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures1 divergent
ActivityCommunications Equipment, NEC
Listed onOTC market
Incorporated inDelaware
Fiscal year endsSeptember 30
SEC categorysmaller reporting company
Data on record since2010

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