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FTRK

Fast Track Group

FTRK

Fast Track Group • NASDAQ
$0.41 ▲ 7.36% (+0.03)
Market Cap $8.94 M
52w High $9.69
52w Low $0.29
Dividend Yield 0%
P/E -20.48
Volume 70.50K
Outstanding Shares 21.81M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $490.293K $16.932K $39.903K 8.139% $0.002 $47.01K ▼
Q3-2025 $490.293K ▲ $16.932K ▼ $39.903K ▲ 8.139% ▲ $0.002 ▲ $47.057K ▲
Q2-2025 $12.604K ▲ $260.832K ▲ $-203.937K ▼ -1.618K% ▼ $-0.012 ▼ $0
Q1-2025 $12.173K ▼ $193.042K ▲ $-196.962K ▼ -1.618K% ▼ $-0.011 ▼ $0
Q4-2024 $60K $107.488K $-51.324K -85.54% $-0.003 $0

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $268.436K ▼ $1.358M $2.563M $-1.206M
Q3-2025 $274.984K ▲ $1.358M ▲ $2.563M ▲ $-1.206M ▼
Q2-2025 $10.318K ▲ $776.231K ▲ $1.761M ▲ $-984.959K ▼
Q1-2025 $9.965K ▲ $749.683K ▲ $1.701M ▲ $-951.273K ▼
Q4-2024 $3.193K $133.783K $886.851K $-753.068K

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $39.903K $267.689K $-1.108K $-135.821K $0 $266.581K
Q3-2025 $39.903K ▲ $267.689K ▲ $-1.108K ▼ $-135.821K ▼ $0 $266.581K ▲
Q2-2025 $-266.128K $-53.454K $0 $55.316K $0 $-53.454K
Q1-2025 $-266.128K ▼ $-53.454K ▼ $0 $55.316K ▲ $0 $-53.454K ▼
Q4-2024 $-51.324K $-33.311K $0 $-17.739K $0 $-33.311K

Five-Year Company Overview

Income Statement

Income Statement Fast Track Group is essentially a pre-scale business from a financial results standpoint. The available data shows no meaningful revenue yet and only a small loss, which is typical for a company still building out its new model and platform. The story is much more about where the income statement could go than where it is today: future results will depend heavily on how quickly they can turn concert tour management, brand activation, and potential licensing into recurring, profitable revenue streams. For now, the income statement tells you this is an early or transition phase, not a mature, proven earnings engine.

Balance Sheet

Balance Sheet The balance sheet data provided is effectively blank, which usually suggests one of two things: either the company is still in a SPAC / very early listing stage, or detailed post-transaction numbers have not been fully reflected yet. Practically, that means there is limited visibility into how much cash they hold, how much they spend, and how strong their capital base is after the IPO and any deals. Until detailed balance sheet information is available, it is hard to judge financial strength, debt reliance, or their cushion to absorb missteps in execution.

Cash Flow

Cash Flow With no operating, investing, or financing cash flow details, the cash picture is largely unknown from this dataset. Conceptually, a company like this typically relies on IPO proceeds and earlier funding to pay for staff, rights acquisition, marketing, and expansion before the business becomes self-funding. The key future questions will be: how quickly can they convert their project pipeline into steady cash inflows, and how disciplined are they in managing cash burn between large entertainment projects? Right now, investors have a business narrative but not yet a clear track record of cash generation.

Competitive Edge

Competitive Edge Fast Track’s edge comes less from technology and more from relationships, reputation, and focus. Over more than a decade, they have built a network with artists, talent agencies, and brands across Asia Pacific, which can be hard for newcomers to replicate. Their shift from being a one-off concert organizer to acting as a tour manager and brand activation specialist gives them a more scalable role in the value chain: instead of bearing all the risk of a single event, they package rights and campaigns that can be reused across multiple venues and clients. Their integrated services around media, PR, and production planning also help them stand out from basic event planners. On the risk side, they operate in a competitive, trend-driven industry where star power, audience tastes, and marketing budgets can change quickly, and where larger global agencies with deeper pockets are active.

Innovation and R&D

Innovation and R&D Innovation here is mostly strategic rather than technical. Fast Track is experimenting with a more scalable model: owning or controlling tour rights, then monetizing them across many organizers, and designing celebrity-led brand activation campaigns that run across countries and channels. Looking ahead, their plans to move into intellectual property ownership, music and content licensing, and proprietary tour concepts could shift them from being just a service provider to being a partial rights owner with more recurring revenue potential. There is not much emphasis on classic R&D labs or proprietary software; the “R&D” is in designing new formats, new partnerships, and new monetization models. The upside is meaningful if they execute well; the risk is that these ideas are still largely unproven at scale.

Summary

Fast Track Group is a newly listed, Asia-Pacific-focused entertainment and brand activation company in the middle of a strategic pivot. The numbers available today show an almost blank slate—no real revenue history and no clear cash-flow track record—so the investment story is primarily about the future. Their main strengths are a long-standing network in entertainment, a move toward less capital-intensive tour management and brand activation, and ambitions to build intellectual property and licensing assets. Key uncertainties revolve around execution: can they consistently fill their pipeline with attractive tours and campaigns, win repeat business from brands, convert their ideas into stable cash flows, and manage financial risk in a cyclical, hit-driven industry? Anyone following FTRK will likely focus on the first few years of post-IPO results to see whether this strategic pivot turns into a durable, profitable business rather than remaining just a promising concept.

NEWS

November 18, 2025 · 8:30 AM UTC

FAST TRACK GROUP Completes Brand Activation Project for Electric Vehicle Brand Dongfeng Singapore

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September 2, 2025 · 8:30 AM UTC

FAST TRACK GROUP to Present at the 2025 Gateway Conference on September 3, 2025 at 12:00 p.m. Pacific Time

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