Appointed
Jacob Saour
Director
TRCK ·
Track Group, Inc.
the Board of the Company appointed Jacob Saour as a member of the Board, effective immediately.
Ready 8-Ks
32
Latest filing
May 8, 2026, 7:59 PM ET
Top materiality
0.85
Event mix
earnings ×20 · other_material ×4 · leadership ×3
Sentiment
10 pos · 7 neg · 15 neu
Latest earnings
reported 2026-Q2
Executive change
recent →
Recent 8-K filings for TRCK
Highest-materiality recent filing
Track Group completes $10.3M PIPE and $21M term loan, reduces net debt 63%
- PIPE raised ~$10.3M at $0.35/share from CRC (49.25%) and JCP (49.25%); management participated 1.5%.
- New $24M credit facility with $21M term loan at 13.5% fixed (11% cash, 2.5% PIK), maturing 2031.
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Track Group Q2 FY26 revenue $8.9M (+7% YoY); operating income up 830% to $0.41M
Revenue $8.9M (+7% YoY); gross profit $4.5M (+9% YoY).
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Track Group completes $10.3M PIPE and $21M term loan, reduces net debt 63%
PIPE raised ~$10.3M at $0.35/share from CRC (49.25%) and JCP (49.25%); management participated 1.5%.
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Track Group Q1 FY26 rev $9.1M (+5.2% YoY); net income $0.5M vs loss $2.0M; guides FY26 rev $38M-$39M
Revenue $9.1M, up 5.2% YoY driven by Florida and Illinois monitoring assignments; Chilean sub sold Nov 1, 2025 partially offset.
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Track Group FY25 revenue $35.2M (-5% YoY); operating income turns positive; FY26 guidance $38-39M
FY25 total revenue $35.2M, down ~5% from $36.9M, driven by declines in Virginia/D.C. monitoring and sale of Chilean subsidiary.
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Track Group Reports Q3 Fiscal 2025 Revenue of $9.1M and Net Income of $1.4M
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.
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Track Group director Karim Sehnaoui resigns from board effective June 6, 2025
Director Karim Sehnaoui resigned from the Board of Directors effective June 6, 2025.
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Total revenue $8.4M, down 7% from $9.0M in Q2 FY24, driven by declines in Virginia monitoring and Chilean subsidiary sale.
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Track Group amends bylaws to eliminate physical stock certificates
Board approved Bylaw Amendment on February 10, 2025 to dematerialize securities.
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Track Group Q1 FY2025: Revenue down 3.3% to $8.7M, net loss $2.0M, adjusted EBITDA up to $1.2M
Total revenue $8.7M in Q1 FY2025, down ~3.3% from $9.0M in Q1 FY2024 due to declines in Michigan, Virginia, and Chile.
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Track Group reports FY24 revenue $36.9M (+7% YoY); Adjusted EBITDA margin 14.6%
FY24 revenue $36.9M (+7% YoY from $34.5M); gross profit $17.2M (+12.5%).
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Track Group sells Chile subsidiary for $1.0M to Inversiones Santa Hortensia
Sale price $1.0M cash; estimated loss on sale of approx. $1.245M per pro forma.
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Track Group Q3 FY24 revenue $9.2M (+6% YoY); adjusted EBITDA $1.6M (+44%)
Revenue $9.2M vs $8.7M Q3 FY23; gross profit $4.3M (+17%).
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Track Group settles Chile govt dispute; net cash inflow from bond return ~$580k
Agreement dismisses all claims between Track Chile and Government of Chile.
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Track Group Q2 FY24 revenue $9.0M (+8% YoY); net loss widens to $1.9M; guides FY24 rev $37-38M
Revenue $9.0M, up 8% YoY from $8.3M; gross profit $4.0M, up 6%.
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Track Group CFO Peter Poli resigns, appointed to Board; Controller James Berg named new CFO
Peter Poli resigns as CFO effective March 31, 2024; will join Board of Directors on April 1, 2024.
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Track Group signs $22M multi-year contract with Marion County for GPS/alcohol monitoring
Multi-year contract valued at approximately $22M for GPS and alcohol monitoring products and services.
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Track Group Q1 revenue $9.0M, up 1% YoY; FY24 guidance $37-40M revenue
Total revenue $9.0M (+1% YoY, +4% sequentially); gross profit $4.2M (+1% YoY, +13% sequentially).
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Track Group FY2023 revenue down 6.7% to $34.5M; net loss narrows to $3.4M
Operating loss improved to ($1.5M) from ($2.1M) in FY2022.
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Track Group Q3 FY23 revenue $8.7M, net loss narrows to $0.7M; FY23 guidance lowered
Revenue $8.7M, down 3% YoY from $9.0M; operating loss improved to ($0.3M) from ($0.5M).
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Track Group moves stock listing from OTCQX to OTCQB effective June 16, 2023
Voluntary transition from OTCQX to OTCQB Venture Market under same ticker 'TRCK'.
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Track Group Q2 FY2023 revenue down 12% to $8.3M; posts net loss of $1.5M
Total revenue of $8.3M in Q2 FY23, down 12% from $9.5M in Q2 FY22; operating loss of $0.9M vs breakeven last year.
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Track Group extends $42.9M unsecured debt maturity to July 2027; interest steps up to 6%
Maturity date extended from July 1, 2024 to July 1, 2027 on $42.864M facility with Conrent Invest.
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Track Group Q1 FY23 revenue down 8% to $8.9M; operating loss; FY23 guidance $38-41M
Revenue $8.9M, down 8% YoY; operating loss ($0.1M) vs operating income $0.6M prior year.
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Track Group reports FY22 revenue $37.0M (-7% YoY), operating loss ($2.1M); FY23 guidance $38-41M
Net loss attributable to common shareholders of ($7.4M) vs net income of $3.4M in FY21.
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Chairman Guy Dubois resigns from Track Group board effective Dec 31, 2022
Guy Dubois resigned as Chairman and director, effective December 31, 2022.
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Track Group Q3 FY22 revenue down 13% to $9.0M; swings to net loss of $3.6M
Revenue of $9.0M, down 12.6% YoY from $10.3M; operating loss of ($0.53M) vs income of $1.3M.
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Track Group settles dispute with Eli Sabag for $1.6M, resolves all claims
Track Group agrees to pay $1.6M to Eli Sabag within 14 days to settle all claims from 2014 share purchase agreement.
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Track Group Q2 FY22 revenue down 4% to $9.5M; operating income fell to $7,371 from $1.7M
Revenue $9.5M (down 4% YoY); gross profit $4.5M vs $5.4M.
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Track Group stockholders elect directors, approve compensation and 2022 equity plan
Elected Guy Dubois, Karen Macleod, and Karim Sehnaoui as directors (6.2M–6.3M for each) until 2023 annual meeting.
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Track Group Q1 revenue up 2% to $9.6M; net loss reversal of $0.3M, operating income down 58%
Revenue $9.6M (+2% YoY); operating income $0.6M (-58% YoY).
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Track Group reports FY2021 revenue $39.7M, up 17% YoY; net income turnaround to $3.4M
Total revenue $39.7M vs $33.9M in FY20, a 17% increase.
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Track Group Q3 FY21 revenue up 21% to $10.3M; net income $1.2M vs $0.4M
Total revenue $10.3M (+21% YoY); operating income $1.3M (+28%); adjusted EBITDA $2.8M (+23%).
Executive changes
Departed
Karen Macleod
Director
TRCK ·
Track Group, Inc.
Karen Macleod and Peter Poli submitted their resignations as members of the Board of Directors of the Company
Departed
Peter Poli
Director
TRCK ·
Track Group, Inc.
Karen Macleod and Peter Poli submitted their resignations as members of the Board of Directors of the Company
Appointed
Denver Smith
Director
TRCK ·
Track Group, Inc.
the Board of the Company appointed Denver Smith as a member of the Board, effective immediately.
Appointed
Matthew Powalski
Director
TRCK ·
Track Group, Inc.
the Board of the Company appointed Matthew Powalski as a member of the Board, effective immediately.
Appointed
Kyle Kidd
Director
TRCK ·
Track Group, Inc.
the Board of the Company appointed Kyle Kidd as a member of the Board, effective immediately.
Departed
Karim Sehnaoui
Director
TRCK ·
Track Group, Inc.
On June 6, 2025, Mr. Karim Sehnaoui, a Director of Track Group, Inc. (the “ Company ”) resigned from his position as a member of the Board of Directors of the Company, effective immediately.
Appointed
Peter Poli
member of the Board of Directors
TRCK ·
Track Group, Inc.
Mr. Poli will be appointed as a member of the Board of Directors of the Company, effective April 1, 2024
Appointed
James Berg
Chief Financial Officer
TRCK ·
Track Group, Inc.
James Berg, current Controller of the Company, was appointed to serve as the Chief Financial Officer of the Company beginning April 1, 2024.
Departed
Peter Poli
Chief Financial Officer
TRCK ·
Track Group, Inc.
Peter Poli, Chief Financial Officer of Track Group, Inc. (the “ Company ”), has informed the Company of his intention to resign from his position as Chief Financial Officer of the Company, effective March 31, 2024.
Departed
Guy Dubois
Chairman of the Board of Directors
TRCK ·
Track Group, Inc.
On December 8, 2022, Mr. Guy Dubois, the current Chairman of the Board of Directors of Track Group, Inc. (the “ Company ”) resigned from his position as a member of the Board of Directors of the Company, and as Chairman, effective December 31, 2022.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.85 · Median 0.65 · Most common event earnings