Company Analysis

Fast Track Group (FTRK)

OTC: FTRK · Services-Amusement & Recreation Services · Singapore · filing with the SEC since 2024
Grade4.9
◀ Past 4.7● Present 5.2▶ Future 4.7
2 est.

The grade of Fast Track Group

Nine metrics read from its own filings, by tense
Headline grade
4.9/10
◀ Past4.730% of the headline
● Present5.240% of the headline
▶ Future4.730% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.7/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
3.5/10

Has it survived what it has been through?

1 warning event since 2024; the latest 2025-06-30.

weight 33% of this tense · 35th percentile among 24 sector filers · read for itself

From the record

Fast Track Group's filings since 2024 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2025-06-30) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.8/10

What has it actually done, year after year?

+254.9% a year over 4 filed years; profitable in 2 of 4.

weight 45% of this tense · 58th percentile among 21 sector filers · read for its customers

From the record

Fast Track Group's 4 filed years say what it did: revenue went from SGD 48 thousand in fiscal 2023 to SGD 2 million in fiscal 2026, up 254.9% a year; it rose in 2 of 3 years; the deepest fall was 21% from fiscal 2024 to fiscal 2025; net income was positive in 2 of 4 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span254.9%top 2% of its family
  • the share of years revenue rosebottom 33% of its family
  • the share of filed years with a profittop 45% of its family
  • the deepest fall from a revenue peak21.5%bottom 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
4.5/10

How has it treated the people who own it?

SI estimate 4.5/10, confidence 35 of 100 (one part).

weight 22% of this tense · 45th percentile among 20 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 45% of 20 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 20 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Fast Track Group's shareholder treatment is put at 4.5 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 45% of 20 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

5.2/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
4.8/10

Is it financially healthy right now?

ROE -55%: lost 55¢ per shareholder dollar. Leverage 15%: owes 15¢ per asset dollar.

weight 33% of this tense · 48th percentile among 24 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-02-28, Fast Track Group lost about 55 cents for every dollar of shareholders' money, and gross profitability: its products earned about 6 cents per dollar of everything the company owns. Leverage: it owed about 15 cents per dollar of assets, and net share issuance: its share count grew 24.6% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 2% of its family
  • return on equitybottom 28% of its family
  • gross profit against assetsbottom 35% of its family
  • the share count against the year beforebottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.2/10

How strong is its position in its industry?

top 48% of 24 in its family; net margin -284.2%.

weight 45% of this tense · 52nd percentile among 24 sector filers · read for its customers

From the record

Fast Track Group's standing among 24 graded names in its industry family: revenue of SGD 2 million in fiscal 2026 is not ranked by size, since the family reports in another currency; a net margin of -284.2% ranks in the bottom 10%; revenue growth of 254.9% a year over the last 3 filed years ranks in the top 6% (its annual reports).

What it rests on

  • net margin-284.2%bottom 10% of its family
  • three-year revenue growth254.9%top 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.8/10

What are the people in charge doing?

SI estimate 5.8/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 13 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 13 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 13 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Fast Track Group's leadership is put at 5.8 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 13 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.7/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.7/10

How much room does it have to grow?

bottom 47% of 23 in its family for room to expand.

weight 22% of this tense · 47th percentile among 23 sector filers · read for itself

From the record

Fast Track Group's room to grow, from the newest filed statements (fiscal 2026): cash of SGD 2 million against no long-term debt tagged leaves 18.2% of its assets as net cash, top 11% of its family; cash from operations less capital spending is -750.4% of revenue (bottom 2%); a gross margin of 38.5% (top 50%) (its annual report).

What it rests on

  • cash less debt against assets18.2%top 11% of its family
  • cash from operations less capital spending against revenue-750.4%bottom 2% of its family
  • gross margin38.5%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.8/10

What could actually drive growth from here?

top 21% of 21 in its family for growth drivers.

weight 45% of this tense · 79th percentile among 21 sector filers · read for its customers

From the record

Fast Track Group's growth drivers, from the filed years to fiscal 2026: revenue grew 254.9% a year over the last three filed years against 254.9% over all 4, speeding up (top 50% of its family); the newest year grew 112% (top 12%); capital spending grew 12853.5% a year (top 2%) (its annual reports). Fast Track Group tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 50% of its family
  • the newest year's revenue growth112.0%top 12% of its family
  • three-year growth of capital spending12853.5%top 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
0.6/10

Did its newest year beat what its own record pointed to?

bottom 6% of 18 in its family for expectations against reality.

weight 33% of this tense · 6th percentile among 18 sector filers · read for its shareholders

From the record

Fast Track Group's newest year against its own record: revenue of SGD 2 million in fiscal 2026 came in 53.8% below the SGD 5 million its prior three years' pace pointed to (bottom 3% of its family); net income of SGD 6 million against a prior three-year average of SGD 130 thousand (bottom 11%); a net margin of a loss larger than its revenue against 6.8% before (bottom 3%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-53.8%bottom 3% of its family
  • net income against the prior three years' averagefive times below its prior average or morebottom 11% of its family
  • net margin against its prior averagedown more than 100 pointsbottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton FTRK · research, not advice