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TRCK Track News Story

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TechnologyHighly SpeculativeMicro CapNeutral

GPS device maker Track Group's FY25 revenue falls 5% on subsidiary sale

Overview

Offender tracking firm's FY25 revenue fell 5% due to Chilean subsidiary sale

Company's FY25 operating income improved

FY25 adjusted EBITDA rose, driven by increased gross profit and decreased expenses

Outlook

Track Group expects FY26 revenue between $38 mln and $39 mln

Company projects FY26 adjusted EBITDA margin of 18% to 19%

Result Drivers

REVENUE DECLINE - Revenue decreased due to the sale of the Chilean subsidiary and fewer monitored individuals in Virginia and Washington D.C.

COST MANAGEMENT - Gross profit increased due to lower monitoring center and communication costs, despite revenue decline

Key Details

MetricBeat/MissActualConsensus Estimate
FY Revenue$35.20 mln
FY Adjusted EBITDA$5.80 mln
FY Gross Profit$17.50 mln
Press Release: ID:nGNX6wvlXw For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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