{"schema_version":"secwatch.filing_event.v1","accession":"0001851734-22-000749","form_type":"8-K","ticker":"TRCK","cik":"0001045942","company_name":"Track Group, Inc.","filed_at":"2022-12-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.394941+00:00","generated_at":"2026-06-20T22:16:59.664270+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Track Group reports FY22 revenue $37.0M (-7% YoY), operating loss ($2.1M); FY23 guidance $38-41M","bullets":["Net loss attributable to common shareholders of ($7.4M) vs net income of $3.4M in FY21.","Adjusted EBITDA fell to $6.6M (18.0% margin) from $10.3M (25.9%) in FY21.","Operating loss driven by $1.7M impairment charge from discontinuation of two product lines.","Cash balance declined to $5.3M from $8.4M; supply chain and 3G phaseout cited as headwinds.","FY23 preliminary outlook: revenue $38-41M, adjusted EBITDA margin 19-21%."],"urls":{"canonical":"https://secwatch.observer/filing/0001851734-22-000749","json":"https://secwatch.observer/filing/0001851734-22-000749.json","markdown":"https://secwatch.observer/filing/0001851734-22-000749.md","text":"https://secwatch.observer/filing/0001851734-22-000749.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1045942/000185173422000749/0001851734-22-000749-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1045942/000185173422000749/trkg20221228_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T22:16:59.664270+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"61479f3bb3c3062c1c1b0e055c13d061c9be6bbd","claim":"Track Group, Inc. reported fiscal year ended September 30, 2022 results: revenue $37.0 Million, net income net loss attributable to common shareholders of ($7.4M).","evidence_excerpt":"Track Group, Inc. (OTCQX: TRCK), a global leader in offender tracking and monitoring services, today announced financial results for its fiscal year ended September 30, 2022 (“FY22”). In FY22, the Company posted (i) total revenue of $37.0 Million (“M”), a decrease of approximately 7% over total revenue of $39.7M for the year ended September 30, 2021 (“FY21”); (ii) FY22 operating loss of ($2.1M) compared to FY21 operating income of $4.7M; and (iii) net loss attributable to common shareholders of ($7.4M) in FY22 compared to net income attributable to common shareholders of $3.4M in FY21.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1045942/000185173422000749/0001851734-22-000749-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended September 30, 2022"},{"label":"Revenue","value":"$37.0 Million"},{"label":"Net income","value":"net loss attributable to common shareholders of ($7.4M)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"72a1303544b48180ce397cbc832dc73699e119d3","claim":"Track Group, Inc. reported FY23 results: revenue $38-41M. Guidance initiated.","evidence_excerpt":"As a result, the Company’s preliminary outlook for FY23 is as follows: Actual Outlook FY 2021 FY 2022 FY 2023 Revenue: $ 39.7M $ 37.0M $ 38-41M Adjusted EBITDA Margin: 25.9 % 18.0 % 19-21 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1045942/000185173422000749/0001851734-22-000749-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY23"},{"label":"Revenue","value":"$38-41M"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}