earnings
confidence high
sentiment positive
materiality 0.75
Track Group Q3 FY21 revenue up 21% to $10.3M; net income $1.2M vs $0.4M
Track Group, Inc.
2021-Q3 EPS reported
$0.39
revenue$29,571,555
- Total revenue $10.3M (+21% YoY); operating income $1.3M (+28%); adjusted EBITDA $2.8M (+23%).
- Net income attributable to common shareholders $1.2M in Q3 FY21 vs $0.4M; 9M FY21 net income $4.8M vs net loss $1.5M.
- Cash $8.3M, up 22% from Sept 2020; capital investments $3.8M in 9M FY21 (+92% YoY) for monitoring devices.
- CEO cited strong performance; no FY2022 guidance due to pandemic and semiconductor shortage uncertainties.