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Track Group Reports 1st Quarter Fiscal 2025 Financial Results
NAPERVILLE, Ill., Feb. 07, 2025 (GLOBE NEWSWIRE) -- Track Group, Inc. (OTCQB: TRCK), a global leader in offender tracking and monitoring services, today announced financial results for its fiscal quarter ended December 31, 2024 ('Q1 FY25”). In Q1 FY25, the Company posted (i) total revenue of $8.7 Million ('M”), a decrease of approximately 3.3% over total revenue of $9.0M for the quarter ended December 31, 2023 ('Q1 FY24”); (ii) Q1 FY25 operating income of $0.1M compared to Q1 FY24 operating loss of ($0.2M); and (iii) net loss attributable to common shareholders of ($2.0M) in Q1 FY25 compared to net income attributable to common shareholders of $0.1M in Q1 FY24.