Track Group, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $35.2M | $36.9M | $34.5M | $37.0M | $39.7M | $33.9M | $34.0M | $30.6M |
| Cost of Revenue | $17.7M | $19.7M | $19.2M | $19.6M | $18.6M | $15.2M | $15.0M | $13.4M |
| Gross Profit | $17.5M | $17.2M | $15.3M | $17.4M | $21.1M | $18.6M | $19.0M | $17.2M |
| Gross Margin | 49.7% | 46.7% | 44.4% | 46.9% | 53.2% | 55.0% | 55.9% | 56.3% |
| Operating Expenses | ||||||||
| Research & Development | $2.8M | $2.7M | $2.7M | $2.4M | $1.5M | $1.2M | $1.3M | $862.1K |
| SG&A Expense | $8.8M | $11.5M | $10.3M | $12.5M | $10.2M | $10.4M | $12.2M | $14.0M |
| Operating Income | $1.2M | $-1.9M | $-1.5M | $-2.1M | $4.7M | $2.8M | $1.2M | $-1.7M |
| Operating Margin | 3.5% | -5.1% | -4.5% | -5.7% | 11.9% | 8.1% | 3.4% | -5.4% |
| Interest Expense | — | — | $2.0M | $2.0M | $2.2M | $2.5M | $2.4M | $3.0M |
| Pretax Income | $-1.8M | $-3.7M | $-2.8M | $-6.5M | $4.2M | $674.6K | $-1.7M | $-4.8M |
| Income Tax Expense | $104.1K | $-589.5K | $627.9K | $883.5K | $717.1K | $793.2K | $884.0K | $593.0K |
| Net Income | $-1.9M | $-3.1M | $-3.4M | $-7.4M | $3.4M | $-118.6K | $-2.6M | $-5.4M |
| Net Margin | -5.3% | -8.4% | -9.8% | -20.0% | 8.7% | -0.4% | -7.5% | -17.8% |
| EPS (Basic) | $-0.16 | $-0.26 | $-0.30 | $-0.64 | $0.30 | $-0.01 | $-0.23 | $-0.51 |
| EPS (Diluted) | $-0.16 | $-0.26 | $-0.30 | $0.64 | $0.29 | $-0.01 | $-0.23 | $-0.51 |
| Shares Outstanding (Basic) | 11.9M | 11.9M | 11.9M | 11.6M | 11.5M | 11.4M | 11.4M | 11.4M |
| Shares Outstanding (Diluted) | 11.9M | 11.9M | 11.9M | 11.6M | 12.0M | 11.4M | 11.4M | 11.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |