earnings
confidence high
sentiment positive
materiality 0.65
Track Group reports FY2021 revenue $39.7M, up 17% YoY; net income turnaround to $3.4M
Track Group, Inc.
- Total revenue $39.7M vs $33.9M in FY20, a 17% increase.
- Operating income $4.7M, up 70.8% from $2.8M in FY20.
- Adjusted EBITDA $10.3M, up 25.7% from $8.2M; margin improved to 25.9%.
- Net income attributable to common $3.4M vs net loss $0.1M in prior year.
- Cash balance $8.4M at Sep 30, 2021, up 25% from $6.8M in FY20.