secwatch.observer — SEC 8-K summary
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Issuer:     Track Group, Inc. (TRCK)
CIK:        0001045942
Form:       8-K
Filed at:   2021-12-16T23:59:59+00:00
Accession:  0001851734-21-000152
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Track Group reports FY2021 revenue $39.7M, up 17% YoY; net income turnaround to $3.4M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045942/000185173421000152/0001851734-21-000152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045942/000185173421000152/trkg20211214_8k.htm
  HTML page:      https://secwatch.observer/filing/0001851734-21-000152

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer