CSIMarket
 
Track Group Inc   (TRCK)
Other Ticker:  
 
    Sector  Technology    Industry Communications Equipment
 
Price: $0.2000 $0.00 0.000%
Day's High: $0.2 Week Perf: 0.00
Day's Low: $ 0.20 30 Day Perf: -26.2 %
Volume (M): 6 52 Wk High: $ 0.85
Volume (M$): $ 1 52 Wk Avg: $0.33
Open: $0.20 52 Wk Low: $0.18



 Market Capitalization (Millions $) 2
 Shares Outstanding (Millions) 12
 Employees -
 Revenues (TTM) (Millions $) 34
 Net Income (TTM) (Millions $) -3
 Cash Flow (TTM) (Millions $) -2
 Capital Exp. (TTM) (Millions $) 3

Track Group Inc
Track Group Inc. is a global leader in providing end-to-end offender tracking and monitoring solutions. They offer advanced GPS tracking devices and software that enable authorities to monitor and manage high-risk individuals effectively. Their innovative technologies help enhance public safety and reduce recidivism rates by ensuring strict compliance with court orders and probation guidelines. Additionally, Track Group Inc. provides comprehensive monitoring services, including real-time location tracking, behavior monitoring, and customizable reporting tools.


   Company Address: 200 E. 5th Avenue Suite 100 Naperville 60563 IL
   Company Phone Number: 260-2010   Stock Exchange / Ticker: TRCK
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Track Group Inc

Track Group Inc experiences revenue regression in fiscal first quarter of 2024

Track Group Inc, a global leader in offender tracking and monitoring services, recently announced its financial results for the October to December 31, 2023 financial span. The company reported that its stock dropped % from the year before and currently trades only 11% above its 52-week low.
During this period, Track Group Inc reached zero gain of $0.00 per share, compared to $0.00 a year ago, and a decrease of $-0.10 per share from the prior quarter. The revenue also decreased by -7.364% to $8.20 million from $8.86 million in the similar quarter a year ago, and sequentially revenue decreased by -3.14% from $8.47 million.

Track Group Inc

Track Group Inc Overcomes Challenges and Remains Committed to Innovative Offender Tracking Solutions Despite Slight Revenue Decline

Track Group Inc is a global leader in offender tracking and monitoring services. The company recently reported its financial results for the fiscal year ended September 30, 2023. Despite facing challenges, including a decrease in total revenue and an operating loss, Track Group Inc remains committed to its mission and continues to provide innovative solutions in the field of offender tracking and monitoring.
For the fiscal fourth quarter of 2023, Track Group Inc reported a loss of $0.10 per share, an improvement from a loss of $0.33 per share in the same quarter a year ago. The company also saw an increase in its deficit from $0.06 per share in the preceding quarter. Additionally, the revenue contracted by 4.994%, reaching $8.47 million compared to $8.91 million in the same quarter a year ago. Sequentially, revenue decreased by 2.244% from $8.66 million.

Track Group Inc

Astounding Turnaround: Track Group Inc. Defies Odds, Achieves Remarkable Redemption in Fiscal Year Ending June 2023

Financial News Report: Track Group Inc Reports Reduced Deficit and Declining Revenues
Track Group Inc has significantly reduced its deficit in the fiscal time-frame closing June 30, 2023, following a decline in revenues. The company reported a decline in revenue of -3.457% to $8.66 million, and the loss per share depreciated to $-0.06 compared to $-0.31 earnings per share (EPS) in the previous reporting season a year ago.
However, when looking at the earnings from the previous reporting season, there was some improvement. Revenue advanced by 4.283% from $8.31 million, and EPS improved from $-0.13 per share.

Track Group Inc

Track Group Inc. Reports $-0.13 Loss per Share and Declining Revenue in Q2 2023 Earnings Season

Track Group Inc. is a technology company that provides reliable and comprehensive tracking solutions for correctional facilities, law enforcement agencies, and behavioral health organizations. For the second quarter of 2023 earnings season, the company recorded a loss per stock of $-0.13 per share, compared to $0.04 a year ago and $0.00 per share from the previous reporting period. The revenue declined in double digits by -12.4% to $8.31 million from $9.48 million in the corresponding reporting period a year ago, and sequentially revenue decreased by -6.184% from $8.86 million. For the second quarter of 2023 earnings season, Track Group Inc logged net loss of $-1.485 million, instead of break-even in the corresponding reporting period a year before.
Track Group Inc is expected to report the next financial earnings on August 09, 2023. The company recorded a cumulative net loss of $-9 million during 12 months ending in the second quarter of 2023, resulting in a negative return on investment (ROI) of -23.08%. The negative ROI number indicates that the company?s costs exceed its revenue, indicating financial loss. Within the Services sector, 382 other companies had a higher return on investment.
Return on investment, the overall ranking, has progressed in the March 31, 2023 quarter, so far to 2565 from the total ROI ranking in the first quarter of 2023 at 3419. This ranking shows the company?s progress towards earning a profit. The ROI ranking is a measure used to evaluate the performance of an investment. It is calculated by dividing the net profit by the initial capital investment and expressing it as a percentage. In other words, ROI helps to determine how much an investment has made, relative to its initial cost.






 

Track Group Inc's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com