EDISON EQUITY RESEARCH: TRACK GROUP - BETTER POSITIONED

Track Group has restructured its business through the course of FY15 to create an end-to-end offender monitoring service. Several large contracts support organic growth and management continues to consider further acquisitions to expand the service offering. With debt refinanced and supply-chain processes streamlined, the business is in a stronger position to drive revenue growth, margins and cash flow.

Track Group develops and provides end-to-end B2B and B2G tracking solutions that combine real-time tracking devices and monitoring services with advanced data analytics for the global offender management market.

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