Track Group, Inc.
- TRCK · OTC
- Communications Equipment, NEC
- Naperville, IL
- 91 employees
- CIK 0001045942
Updated from SEC filings through
Top things to know
Executives
-
Derek Cassell CHIEF EXECUTIVE OFFICER 4/A, 2026-09-14 - James A. Berg Chief Financial Officer 4, 2026-08-24
- Matthew J. Swando CHIEF REVENUE OFFICER 4/A, 2026-09-14
- Arthur Jacob Gigler Chief Marketing Officer 4, 2026-08-24
- Timothy Hardy Chief Information Officer 4, 2026-08-24
What leadership is saying
“During the third quarter we accomplished a number of mission critical objectives that lay the groundwork for improving our underlying profitability and ability to provide value to our customers”
Earnings press release (8-K Ex. 99.1), filed August 14, 2026
Track Group, Inc. is a U.S. public company in communications equipment, nec (SIC 3669), headquartered in Naperville, IL. It trades as TRCK on OTC. Revenue was $35.2M in the fiscal year ending September 30, 2025, -4.5% from the year before. It reported about 91 employees. Derek Cassell is CHIEF EXECUTIVE OFFICER.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $35.2M 10-K, 2025-12-19 | $36.9M 10-K, 2025-12-19 | $34.5M 10-K, 2024-12-23 | $37.0M 10-K, 2023-12-20 | Not on file |
| Operating income | $1.2M 10-K, 2025-12-19 | -$1.9M 10-K, 2025-12-19 | -$1.5M 10-K, 2024-12-23 | -$2.1M 10-K, 2023-12-20 | Not on file |
| SG&A | $12.5M 10-K, 2025-12-19 | $14.6M 10-K, 2025-12-19 | $13.1M 10-K, 2024-12-23 | $15.5M 10-K, 2023-12-20 | Not on file |
| Net income | -$1.9M 10-K, 2025-12-19 | -$3.1M 10-K, 2025-12-19 | -$3.4M 10-K, 2024-12-23 | -$7.4M 10-K, 2023-12-20 | -$305K 10-Q, 2022-08-10 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Derek Cassell CEO at Track Group | CHIEF EXECUTIVE OFFICER | 4/A, 2026-09-14 |
| James A. Berg | Chief Financial Officer | 4, 2026-08-24 |
| Matthew J. Swando Chief Revenue Officer | CHIEF REVENUE OFFICER | 4/A, 2026-09-14 |
| Arthur Jacob Gigler | Chief Marketing Officer | 4, 2026-08-24 |
| Timothy Hardy | Chief Information Officer | 4, 2026-08-24 |
What Track Group, Inc. does
, (the “ Company ”, “ we ”, “ us ”, and “ our ”), a Delaware corporation since 2016 and previously incorporated in 1995 as a Utah corporation, has its principal place of business at 200 E. 5th Avenue Suite 100, Naperville, Illinois 60563. Our telephone number is (877) 260-2010.com.0001 per share (“ Common Stock ”), is currently listed for quotation on the OTCQB Venture Markets (“ OTCQB ”) under the symbol “TRCK”. Unless specified otherwise, as used in this Annual Report, references to Track Group, Inc.
Item 1. Business, 10-K for the year ending September 30, 2025
Shares and governance
| Shares outstanding | 41.3 million (as of August 3, 2026) | 10-Q, August 14, 2026 |
|---|---|---|
| Public float | $900K (as of March 31, 2025) | 10-K, December 19, 2025 |
| Latest proxy statement | Meeting February 24, 2022 (filed February 24, 2022) | DEF 14A, February 24, 2022 |
| Auditor | Eide Bailly LLP (Denver, Colorado) | Latest 10-K |
Recent 8-K events
- 8-K filed 2026-08-24
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- Item 8.01 Other events
- 8-K filed 2026-08-14
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-05-08
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-05-04
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- Item 3.02 Unregistered sales of equity securities
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-02-13
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-12-19
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-08-08
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-06-10
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2025-05-14
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-02-13
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
Frequently asked questions about Track Group, Inc.
- What does Track Group, Inc. do?
- In its own words, from Item 1 of its 10-K: ", (the “ Company ”, “ we ”, “ us ”, and “ our ”), a Delaware corporation since 2016 and previously incorporated in 1995 as a Utah corporation, has its principal place of business at 200 E. 5th Avenue Suite 100, Naperville, Illinois 60563. Our telephone number is (877) 260-2010.com.0001 per share (“ Common Stock ”), is currently listed for quotation on the OTCQB Venture Markets (“ OTCQB ”) under the symbol “TRCK”. Unless specified otherwise, as used in this Annual Report, references to Track Group, Inc."
- What is Track Group, Inc.'s revenue?
- $35.2M for the fiscal year ending September 30, 2025, from its 10-K filed December 19, 2025.
- Is Track Group, Inc. profitable?
- Track Group, Inc. reported net income of -$1.9M for the fiscal year ending September 30, 2025.
- How many employees does Track Group, Inc. have?
- About 91 as of September 30, 2025, as stated in its annual report.
- Who is the CEO of Track Group, Inc.?
- Derek Cassell, CHIEF EXECUTIVE OFFICER, as named in a 4/A filed September 14, 2026.
- Who is the CFO of Track Group, Inc.?
- James A. Berg, Chief Financial Officer, as named in a 4 filed August 24, 2026.
- Where is Track Group, Inc. headquartered?
- Naperville, IL.
- What is Track Group, Inc.'s stock ticker?
- TRCK on OTC.
- What industry is Track Group, Inc. in?
- Communications Equipment, NEC, SIC code 3669.
- What is Track Group, Inc.'s website?
- trackgrp.com. Investor relations: https://trackgrp.com/investor-relations/.
- When does Track Group, Inc. report earnings next?
- December 20, 2026. Source: estimate_10q_cadence.
- Is Track Group, Inc. a public company?
- Yes. Track Group, Inc. files with the SEC under CIK 0001045942 and trades as TRCK.
- Who audits Track Group, Inc.?
- Eide Bailly LLP, Denver, Colorado, as named in its latest annual report (10-K).
- How many shares of Track Group, Inc. are outstanding?
- 41.3 million shares as of August 3, 2026, from its 10-Q filed August 14, 2026.
- What is Track Group, Inc.'s public float?
- $900K as of March 31, 2025, as reported on the cover of its 10-K filed December 19, 2025.
- When is Track Group, Inc.'s annual shareholder meeting?
- February 24, 2022, per its proxy statement (DEF 14A) filed February 24, 2022.