Track Group Reports Q3 Fiscal 2025 Revenue of $9.1M and Net Income of $1.4M

Track Group, Inc.

2025-Q3 EPS reported $0.09 revenue$26,112,091

Total revenue decreased 1% to $9.1M in Q3 FY25 from $9.2M in Q3 FY24, with monitoring declines in Virginia and D.C. partially offset by gains in Illinois and the Bahamas.
Gross profit rose 8% to $4.6M, driven by reduced monitoring center and device repair costs.
Operating income improved to $0.8M from a loss of $0.5M a year ago, a 244% increase.
Net income attributable to shareholders was $1.4M compared to a net loss of $0.9M in Q3 FY24.
Adjusted EBITDA grew 14% to $1.8M; cash balance increased 37% to $4.9M.

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