earnings
confidence high
sentiment negative
materiality 0.80
Track Group Q1 FY2025: Revenue down 3.3% to $8.7M, net loss $2.0M, adjusted EBITDA up to $1.2M
Track Group, Inc.
2025-Q1 EPS reported
$0.17
revenue$8,668,328
- Total revenue $8.7M in Q1 FY2025, down ~3.3% from $9.0M in Q1 FY2024 due to declines in Michigan, Virginia, and Chile.
- Gross profit $4.4M, up 5.2% YoY; operating income $0.1M compared to operating loss of $0.2M in prior year.
- Adjusted EBITDA $1.2M (14.4% of revenue) vs $1.1M (11.8%) in Q1 FY2024, driven by higher operating income.
- Net loss attributable to common shareholders $2.0M vs net income $0.1M in Q1 FY2024, primarily due to lower revenue and foreign exchange loss.
- Company issues FY2025 outlook: revenue $35M-$36M and adjusted EBITDA margin 14%-15%.