FTRK
FTRK
Fast Track GroupIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2026 | $966.12K ▼ | $4.64M ▲ | $-4.21M ▼ | -435.76% ▼ | $-0.19 ▼ | $-4.23M ▼ |
| Q2-2026 | $1.2M ▲ | $2.49M ▲ | $-1.94M ▼ | -161.06% ▼ | $-0.09 ▼ | $-1.91M ▼ |
| Q4-2025 | $490.29K | $16.93K | $39.9K | 8.14% | $0 | $47.01K ▼ |
| Q3-2025 | $490.29K ▲ | $16.93K ▼ | $39.9K ▲ | 8.14% ▲ | $0 ▲ | $47.06K ▲ |
| Q2-2025 | $12.6K | $260.83K | $-203.94K | -1.62K% | $-0.01 | $0 |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2026 | $2.38M ▼ | $13.08M ▼ | $2M ▼ | $11.08M ▼ |
| Q2-2026 | $8.35M ▲ | $18.28M ▲ | $2.67M ▲ | $15.61M ▲ |
| Q4-2025 | $268.44K ▼ | $1.36M | $2.56M | $-1.21M |
| Q3-2025 | $274.98K ▲ | $1.36M ▲ | $2.56M ▲ | $-1.21M ▼ |
| Q2-2025 | $10.32K | $776.23K | $1.76M | $-984.96K |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2026 | $-4.21M ▼ | $-5.09M ▲ | $-260.14K ▼ | $-649.02K ▼ | $-5.86M ▼ | $-5.35M ▲ |
| Q2-2026 | $-1.94M ▼ | $-10.92M ▼ | $-27.29K ▼ | $19.16M ▲ | $8.35M ▲ | $-10.94M ▼ |
| Q4-2025 | $39.9K | $267.69K | $-1.11K | $-135.82K | $0 | $266.58K |
| Q3-2025 | $39.9K ▲ | $267.69K ▲ | $-1.11K ▼ | $-135.82K ▼ | $0 | $266.58K ▲ |
| Q2-2025 | $-266.13K | $-53.45K | $0 | $55.32K | $0 | $-53.45K |
5-Year Trend Analysis
A comprehensive look at Fast Track Group's financial evolution and strategic trajectory over the past five years.
Fast Track Group combines a strong liquidity position and very low debt with a focused niche in APAC celebrity and event marketing. It has demonstrated that it can deliver complex campaigns and events with recognizable talent, achieving healthy project-level margins. Its asset-light model, deepening relationships with celebrities and brands, and strategic move toward artist management and tour development provide potential levers for growth and higher-quality revenue over time.
The main risks are financial and concentration-related. The company is currently generating substantial operating losses and burning cash, with a significant accumulated deficit and no clear track record of sustained profitability. Revenue appears concentrated in a small number of clients and projects, increasing vulnerability to contract loss or changing marketing priorities. Continued reliance on external financing, combined with stock market listing challenges, adds another layer of uncertainty, especially if market conditions tighten.
The outlook is that of a high-uncertainty, early-stage entertainment and marketing platform: it has attractive strategic ideas and a differentiated regional focus, but its financials have yet to validate the business model at scale. Future performance will largely depend on whether management can grow and diversify revenue quickly, bring operating costs under better control, and convert relationship- and event-based successes into more recurring, self-funding cash flows. Until there is a longer record of stable revenue and improving margins, the range of possible outcomes—both positive and negative—remains wide.
About Fast Track Group
https://www.fastrack-group.comFast Track Group (FTRK) delivers comprehensive event management and marketing services with a focus on the entertainment sector, operating across Singapore, Malaysia, and Thailand. The company's operations are divided into its Live Entertainment and Agency segments.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2026 | $966.12K ▼ | $4.64M ▲ | $-4.21M ▼ | -435.76% ▼ | $-0.19 ▼ | $-4.23M ▼ |
| Q2-2026 | $1.2M ▲ | $2.49M ▲ | $-1.94M ▼ | -161.06% ▼ | $-0.09 ▼ | $-1.91M ▼ |
| Q4-2025 | $490.29K | $16.93K | $39.9K | 8.14% | $0 | $47.01K ▼ |
| Q3-2025 | $490.29K ▲ | $16.93K ▼ | $39.9K ▲ | 8.14% ▲ | $0 ▲ | $47.06K ▲ |
| Q2-2025 | $12.6K | $260.83K | $-203.94K | -1.62K% | $-0.01 | $0 |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2026 | $2.38M ▼ | $13.08M ▼ | $2M ▼ | $11.08M ▼ |
| Q2-2026 | $8.35M ▲ | $18.28M ▲ | $2.67M ▲ | $15.61M ▲ |
| Q4-2025 | $268.44K ▼ | $1.36M | $2.56M | $-1.21M |
| Q3-2025 | $274.98K ▲ | $1.36M ▲ | $2.56M ▲ | $-1.21M ▼ |
| Q2-2025 | $10.32K | $776.23K | $1.76M | $-984.96K |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2026 | $-4.21M ▼ | $-5.09M ▲ | $-260.14K ▼ | $-649.02K ▼ | $-5.86M ▼ | $-5.35M ▲ |
| Q2-2026 | $-1.94M ▼ | $-10.92M ▼ | $-27.29K ▼ | $19.16M ▲ | $8.35M ▲ | $-10.94M ▼ |
| Q4-2025 | $39.9K | $267.69K | $-1.11K | $-135.82K | $0 | $266.58K |
| Q3-2025 | $39.9K ▲ | $267.69K ▲ | $-1.11K ▼ | $-135.82K ▼ | $0 | $266.58K ▲ |
| Q2-2025 | $-266.13K | $-53.45K | $0 | $55.32K | $0 | $-53.45K |
5-Year Trend Analysis
A comprehensive look at Fast Track Group's financial evolution and strategic trajectory over the past five years.
Fast Track Group combines a strong liquidity position and very low debt with a focused niche in APAC celebrity and event marketing. It has demonstrated that it can deliver complex campaigns and events with recognizable talent, achieving healthy project-level margins. Its asset-light model, deepening relationships with celebrities and brands, and strategic move toward artist management and tour development provide potential levers for growth and higher-quality revenue over time.
The main risks are financial and concentration-related. The company is currently generating substantial operating losses and burning cash, with a significant accumulated deficit and no clear track record of sustained profitability. Revenue appears concentrated in a small number of clients and projects, increasing vulnerability to contract loss or changing marketing priorities. Continued reliance on external financing, combined with stock market listing challenges, adds another layer of uncertainty, especially if market conditions tighten.
The outlook is that of a high-uncertainty, early-stage entertainment and marketing platform: it has attractive strategic ideas and a differentiated regional focus, but its financials have yet to validate the business model at scale. Future performance will largely depend on whether management can grow and diversify revenue quickly, bring operating costs under better control, and convert relationship- and event-based successes into more recurring, self-funding cash flows. Until there is a longer record of stable revenue and improving margins, the range of possible outcomes—both positive and negative—remains wide.

CEO
Sin Foo Lim
Compensation Summary
(Year )
Ratings Snapshot
Rating : C+

