Fast Track Group Financials
This page shows Fast Track Group (FTRK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FTRK's current model is capital-funded: improving gross margin has not yet covered overhead or cash burn.
Operating cash flow swung from$318K in FY2025 to-$12.5M in FY2026. Because that happened even as gross margin reached38.5% , the earlier cash inflow does not look like a repeatable operating engine; liquidity improved only after financing cash flow added$14.4M , meaning the business was being carried by new capital rather than by its own cash conversion.
Unit economics improved, but the cost base overwhelmed that progress: FY2026 operating margin of
Balance-sheet risk changed shape across the two years: FY2025 looked squeezed, with negative equity and a 0.6x current ratio. After the capital raise, FY2026 carried only
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Fast Track Group's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Fast Track Group has an operating margin of -292.3%, meaning the company retains $-292 of operating profit per $100 of revenue. This below-average margin results in a low score of 5/100, suggesting thin profitability after operating expenses. This is down from -42.1% the prior year.
Fast Track Group carries a low D/E ratio of 0.18, meaning only $0.18 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 75/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 6.86, Fast Track Group holds $6.86 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 94/100.
While Fast Track Group generated -$12.5M in operating cash flow, capex of $226K consumed most of it, leaving -$12.8M in free cash flow. This results in a low score of 2/100, reflecting heavy capital investment rather than weak cash generation.
Fast Track Group generates a -55.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 8/100.
Fast Track Group scores 2.69, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($10.7M) relative to total liabilities ($1.6M). This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Fast Track Group passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). No profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Fast Track Group generates $2.59 in operating cash flow (-$12.5M OCF vs -$4.8M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Fast Track Group earns $-1641.3 in operating income for every $1 of interest expense (-$5.0M vs $3K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Fast Track Group generated $1.7M in revenue in fiscal year 2026. This represents an increase of 126.2% from the prior year.
Fast Track Group's EBITDA was -$4.9M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 1463.6% from the prior year.
Fast Track Group reported -$4.8M in net income in fiscal year 2026. This represents a decrease of 1340.3% from the prior year.
Fast Track Group earned $-0.22 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 1063.2% from the prior year.
Cash & Balance Sheet
Fast Track Group generated -$12.8M in free cash flow in fiscal year 2026, representing cash available after capex. This represents a decrease of 4136.3% from the prior year.
Fast Track Group held $1.9M in cash against $0 in long-term debt as of fiscal year 2026.
Fast Track Group had 22M shares outstanding in fiscal year 2026. This represents an increase of 24.6% from the prior year.
Margins & Returns
Fast Track Group's gross margin was 38.5% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 25.8 percentage points from the prior year.
Fast Track Group's operating margin was -292.3% in fiscal year 2026, reflecting core business profitability. This is down 250.2 percentage points from the prior year.
Fast Track Group's net profit margin was -284.2% in fiscal year 2026, showing the share of revenue converted to profit. This is down 239.6 percentage points from the prior year.
Fast Track Group's ROE was -55.1% in fiscal year 2026, measuring profit generated per dollar of shareholder equity.
Capital Allocation
Fast Track Group invested $226K in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 13688.9% from the prior year.
FTRK Income Statement
| Metric | Q4'26 | Q2'26 | Q4'25 |
|---|---|---|---|
| Revenue | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A |
FTRK Balance Sheet
| Metric | Q4'26 | Q2'26 | Q4'25 |
|---|---|---|---|
| Total Assets | $10.4M-27.3% | $14.2M+1315.8% | $1.0M |
| Current Assets | $9.5M-33.5% | $14.2M+1340.1% | $988K |
| Cash & Equivalents | $1.9M-71.1% | $6.5M+3169.3% | $199K |
| Inventory | N/A | N/A | N/A |
| Accounts Receivable | N/A | $306K+263.2% | $84K |
| Goodwill | N/A | N/A | N/A |
| Total Liabilities | $1.6M-24.0% | $2.1M+9.5% | $1.9M |
| Current Liabilities | $1.4M-33.7% | $2.1M+22.9% | $1.7M |
| Long-Term Debt | N/A | N/A | $3K |
| Total Equity | $8.8M-27.9% | $12.2M+1461.7% | -$893K |
| Retained Earnings | -$6.7M-106.8% | -$3.2M-88.4% | -$1.7M |
FTRK Cash Flow Statement
| Metric | Q4'26 | Q2'26 | Q4'25 |
|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A |
FTRK Financial Ratios
| Metric | Q4'26 | Q2'26 | Q4'25 |
|---|---|---|---|
| Gross Margin | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A |
| Current Ratio | 6.86+0.0 | 6.83+6.3 | 0.58 |
| Debt-to-Equity | 0.180.0 | 0.17+0.2 | -0.00 |
| FCF Margin | N/A | N/A | N/A |
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Frequently Asked Questions
What is Fast Track Group's annual revenue?
Fast Track Group (FTRK) reported $1.7M in total revenue for fiscal year 2026. This represents a 126.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Fast Track Group's revenue growing?
Fast Track Group (FTRK) revenue grew by 126.2% year-over-year, from $751K to $1.7M in fiscal year 2026.
Is Fast Track Group profitable?
No, Fast Track Group (FTRK) reported a net income of -$4.8M in fiscal year 2026, with a net profit margin of -284.2%.
What is Fast Track Group's EBITDA?
Fast Track Group (FTRK) had EBITDA of -$4.9M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is Fast Track Group's gross margin?
Fast Track Group (FTRK) had a gross margin of 38.5% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Fast Track Group's operating margin?
Fast Track Group (FTRK) had an operating margin of -292.3% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Fast Track Group's net profit margin?
Fast Track Group (FTRK) had a net profit margin of -284.2% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Fast Track Group's return on equity (ROE)?
Fast Track Group (FTRK) has a return on equity of -55.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Fast Track Group's free cash flow?
Fast Track Group (FTRK) generated -$12.8M in free cash flow during fiscal year 2026. This represents a -4136.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Fast Track Group's operating cash flow?
Fast Track Group (FTRK) generated -$12.5M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Fast Track Group's total assets?
Fast Track Group (FTRK) had $10.4M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Fast Track Group's capital expenditures?
Fast Track Group (FTRK) invested $226K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Fast Track Group's current ratio?
Fast Track Group (FTRK) had a current ratio of 6.86 as of fiscal year 2026, which is generally considered healthy.
What is Fast Track Group's debt-to-equity ratio?
Fast Track Group (FTRK) had a debt-to-equity ratio of 0.18 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Fast Track Group's return on assets (ROA)?
Fast Track Group (FTRK) had a return on assets of -46.7% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Fast Track Group's cash runway?
Based on fiscal year 2026 data, Fast Track Group (FTRK) had $1.9M in cash against an annual operating cash burn of $12.5M. This gives an estimated cash runway of approximately 2 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Fast Track Group's Altman Z-Score?
Fast Track Group (FTRK) has an Altman Z-Score of 2.69, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Fast Track Group's Piotroski F-Score?
Fast Track Group (FTRK) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Fast Track Group's earnings high quality?
Fast Track Group (FTRK) has an earnings quality ratio of 2.59x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Fast Track Group cover its interest payments?
Fast Track Group (FTRK) has an interest coverage ratio of -1641.3x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Fast Track Group?
Fast Track Group (FTRK) scores 31 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.