Track Group, Inc. (TRCK) financial statements (2021 and earlier)
Company profile
| Business Address |
200 E. 5TH AVENUE SUITE 100 NAPERVILLE, IL 60563 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| SIC | 3669 - Communications Equipment, Not Elsewhere Classified (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 TTM | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 6 | 7 | 7 | 5 | 2 | 2 | 5 | ||
| Cash and cash equivalents | 6 | 7 | 7 | 5 | 2 | 2 | 5 | ||
| Receivables | 6 | 6 | 7 | 6 | 5 | 7 | 6 | ||
| Inventory, net of allowances, customer advances and progress billings | 0 | 0 | 0 | 0 | 0 | 1 | 1 | ||
| Inventory | 0 | 0 | 0 | 0 | 0 | 1 | 1 | ||
| Prepaid expense | 1 | ||||||||
| Other undisclosed current assets | 1 | 1 | 1 | 1 | 1 | 1 | 0 | ||
| Total current assets: | 13 | 13 | 15 | 13 | 9 | 10 | 13 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 0 | 0 | 1 | 1 | 1 | 1 | 2 | ||
| Intangible assets, net (including goodwill) | 30 | 29 | 30 | 31 | 33 | 33 | 34 | ||
| Goodwill | 9 | 8 | 8 | 8 | 8 | 8 | 8 | ||
| Intangible assets, net (excluding goodwill) | 21 | 21 | 22 | 23 | 25 | 26 | 26 | ||
| Deferred income tax assets | 0 | 0 | 1 | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 3 | 2 | 0 | 0 | 3 | 3 | 3 | ||
| Other undisclosed noncurrent assets | 3 | 2 | 3 | 3 | 3 | 4 | 3 | ||
| Total noncurrent assets: | 36 | 34 | 34 | 35 | 40 | 42 | 41 | ||
| TOTAL ASSETS: | 49 | 48 | 49 | 48 | 49 | 52 | 54 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 17 | 17 | 16 | 13 | 9 | 7 | 6 | ||
| Accounts payable | 2 | 2 | 3 | 3 | 3 | 3 | 2 | ||
| Accrued liabilities | 15 | 15 | 14 | 10 | 7 | 4 | 3 | ||
| Employee-related liabilities | 1 | ||||||||
| Taxes payable | 0 | ||||||||
| Debt | 1 | 31 | 34 | 30 | 30 | 3 | 1 | ||
| Liability for uncertainty in income taxes | 0 | ||||||||
| Other undisclosed current liabilities | (2) | ||||||||
| Total current liabilities: | 18 | 48 | 50 | 43 | 40 | 10 | 6 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 31 | 31 | 3 | 3 | 30 | 31 | |||
| Long-term debt, excluding current maturities | 31 | 0 | 3 | 3 | 30 | 30 | |||
| Capital lease obligations | ✕ | ✕ | ✕ | 0 | 0 | 0 | |||
| Operating lease, liability | 0 | ✕ | ✕ | ✕ | ✕ | ||||
| Other undisclosed long-term debt and lease obligation | 31 | 1 | |||||||
| Liabilities, other than long-term debt | 0 | 3 | 4 | ||||||
| Due to related parties | 3 | 4 | |||||||
| Other liabilities | 0 | 0 | |||||||
| Other undisclosed noncurrent liabilities | (31) | (0) | (0) | (1) | |||||
| Total noncurrent liabilities: | 31 | 0 | 3 | 3 | 34 | 34 | |||
| Other undisclosed liabilities | 0 | ||||||||
| Total liabilities: | 49 | 49 | 50 | 47 | 43 | 44 | 40 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 1 | (1) | (1) | 2 | 6 | 9 | 14 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 302 | 302 | 302 | 302 | 301 | 299 | 298 | ||
| Accumulated other comprehensive loss | (1) | (1) | (1) | (1) | (1) | (1) | (2) | ||
| Accumulated deficit | (301) | (302) | (302) | (299) | (294) | (289) | (281) | ||
| Total stockholders' equity: | 1 | (1) | (1) | 2 | 6 | 9 | 14 | ||
| TOTAL LIABILITIES AND EQUITY: | 49 | 48 | 49 | 48 | 49 | 52 | 54 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 TTM | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 35 | 34 | 34 | 31 | 30 | 27 | 21 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 29 | 21 | ||
| Cost of revenue | (16) | (15) | (15) | (13) | (14) | (11) | (8) | |
| Cost of goods and services sold | (14) | (13) | (13) | (12) | (14) | (11) | (13) | |
| Gross profit: | 19 | 19 | 19 | 17 | 16 | 17 | 13 | |
| Operating expenses | (15) | (16) | (18) | (19) | (20) | (22) | (21) | |
| Other operating income, net (Noninterest Income, Other Operating Income) | 5 | |||||||
| Other undisclosed operating loss | (4) | |||||||
| Operating income (loss): | 4 | 3 | 1 | (2) | (5) | (6) | (8) | |
| Nonoperating income (expense) | (1) | (2) | (3) | (3) | 1 | (0) | (0) | |
| Foreign currency transaction gain (loss), before tax | 0 | (0) | (0) | (0) | 0 | (0) | (0) | |
| Other nonoperating income | 1 | 1 | 0 | 0 | 0 | 0 | 0 | |
| Interest and debt expense | 1 | 1 | (2) | (3) | (3) | (3) | (3) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | 3 | 1 | (4) | (8) | (7) | (9) | (11) | |
| Other undisclosed income (loss) from continuing operations before income taxes | (1) | (1) | 2 | 3 | 3 | 0 | 5 | |
| Income (loss) from continuing operations before income taxes: | 2 | 1 | (2) | (5) | (4) | (8) | (6) | |
| Income tax expense | (1) | (1) | (1) | (1) | (0) | (0) | (0) | |
| Income (loss) before gain (loss) on sale of properties: | 1 | (0) | (3) | (5) | (4) | (9) | (6) | |
| Other undisclosed net income (loss) | (0) | 0 | (0) | 0 | 0 | |||
| Net income (loss): | 1 | (0) | (3) | (5) | (5) | (8) | (6) | |
| Net income (loss) attributable to noncontrolling interest | (2) | 0 | 3 | 6 | 5 | 7 | 8 | |
| Other undisclosed net loss attributable to parent | (8) | |||||||
| Net income (loss) attributable to parent: | (0) | (0) | 0 | 0 | (0) | (2) | (6) | |
| Other undisclosed net income (loss) available to common stockholders, basic | 2 | (0) | (3) | (6) | (5) | (7) | ||
| Net income (loss) available to common stockholders, diluted: | 1 | (0) | (3) | (5) | (5) | (8) | (6) | |
Comprehensive Income ($ in millions)
| 12/31/2020 TTM | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1 | (0) | (3) | (5) | (5) | (8) | (6) | |
| Comprehensive income (loss): | 1 | (0) | (3) | (5) | (5) | (8) | (6) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (2) | 0 | 3 | 6 | 5 | 7 | 8 | |
| Comprehensive income (loss), net of tax, attributable to parent: | (0) | (0) | 0 | 0 | (0) | (2) | 2 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.