FTRK Fast Track Group

Overview and Growth

Fast Track Group generated $1.70M of revenue in fiscal 2026, with net loss of $4.83M and an operating cash outflow of $12.52M. At $1.70M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Compared with $751.09K in fiscal 2025, revenue recorded a 126.2% year-over-year increase. On a per-share basis, diluted EPS was -$0.22, which connects the reported earnings outcome with the company’s diluted share count. The diluted weighted-average share count was 21.81M, linking total earnings with the per-share result received by shareholders. Diluted shares moved 24.6% from 17.50M in fiscal 2025, leaving the current share base higher year over year. The company employed $10.35M of total assets, the balance-sheet base supporting its current operating and cash-flow results. The revenue-to-assets relationship was 0.16x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

Gross profit was $654.45K, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross profit represented 38.5% of revenue, showing how much of the top line remained after direct costs. The reported operating result was an operating loss of $4.97M, reflecting costs that exceeded gross profit. An operating margin of -292.3% reflected costs exceeding revenue-level gross profit by 292.3% of sales. The bottom-line result was a net loss of $4.83M after operating, financing, tax, and other recognized items. Net margin was -284.2%, reflecting a loss equal to 284.2% of reported revenue. EBITDA was negative $4.95M, showing a deficit before interest, taxes, depreciation, and amortization. The pretax result was a loss of $4.83M, establishing the deficit before tax effects. Pretax margin was -284.2%, reflecting a pre-tax loss equal to 284.2% of revenue. The loss-to-equity relationship was 55.1%, placing the bottom-line deficit against shareholder capital. The loss-to-assets relationship was 46.7%, placing the bottom-line deficit against the company’s resource base. The net loss widened to $4.83M from $335.31K in fiscal 2025.

Liquidity and Capital Structure

At period end, the $10.35M asset base was financed through $1.58M of liabilities and $8.77M of equity. The near-term balance sheet paired $9.46M of current assets with $1.38M of current liabilities at the reporting date. At 6.86x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Cash and equivalents totaled $1.88M, identifying the most liquid reported component available within the broader current-asset balance. Cash and equivalents represented 136.3% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Book equity represented 84.7% of total assets, quantifying the balance-sheet share supported by shareholder capital. Liabilities represented 15.3% of total assets, quantifying the liability-funded share of the company’s resource base. The cash-to-assets relationship was 18.2%, comparing reported cash and equivalents with the full positive asset balance. The asset base changed 928.7% from $1.01M in fiscal 2025, leaving current total assets higher year over year. Compared with $198.94K in fiscal 2025, the current cash balance moved 844.9% and finished higher.

Cash Flow and Earnings Quality

Operating activities used $12.52M of cash, resulting in an operating cash outflow for the year. Capital expenditures used $226.41K in addition to the operating cash outflow, increasing the total cash consumed by operations and investment during the period. The company recorded a $12.75M cash deficit after capital spending for the period. Free-cash-flow margin was -750.4%, reflecting a cash deficit equal to 750.4% of revenue after capital spending. The cash deficit after capital spending represented 123.2% of the period-end asset base. Operating cash flow moved from a $317.54K inflow in fiscal 2025 to a $12.52M outflow.

Based on the annual report for the fiscal year ending Feb 28, 2026. Analysis generated Sep 24, 2026.