---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-016669"
form_type: "8-K"
ticker: "TRCK"
cik: "0001045942"
company_name: "Track Group, Inc."
filed_at: "2025-05-14T23:59:59+00:00"
generated_at: "2026-05-21T07:40:57.142763+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Track Group Q2 FY25 revenue $8.4M (-7% YoY); operating income turns positive; Adj. EBITDA +63% to $1.3M

## Summary
- Total revenue $8.4M, down 7% from $9.0M in Q2 FY24, driven by declines in Virginia monitoring and Chilean subsidiary sale.
- Gross profit $4.1M (+4% YoY); operating income $0.04M vs. ($0.96M) loss; net loss attributable to shareholders ($0.5M) vs. ($1.9M).
- Adjusted EBITDA $1.3M, up 63% from $0.8M; 6M FY25 margin 15.1% vs. 10.3%.
- Cash $3.4M at March 31, 2025, down 4% from $3.6M at September 30, 2024.
- FY25 outlook: revenue $34.5-35.5M; Adj. EBITDA margin 13.5-16.5%.

## SEC filing metadata
- accession: 0001437749-25-016669
- form_type: 8-K
- ticker: TRCK
- cik: 0001045942
- company_name: Track Group, Inc.
- filed_at: 2025-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045942/000143774925016669/0001437749-25-016669-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045942/000143774925016669/trkg20250509_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-016669
- JSON: https://secwatch.observer/filing/0001437749-25-016669.json
- Plain text: https://secwatch.observer/filing/0001437749-25-016669.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.