Fast Track Group (FTRK)
NASDAQ:FTRK
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Fast Track Group
(NASDAQ:FTRK)
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Rating:44Neutral
Price Target:
$0.37
▼(-51.69% Downside)
Action:ReiteratedDate:03/28/26
The score is held back primarily by weak financial quality (loss-making results and persistently negative equity) and bearish technicals (below key moving averages with negative MACD). Improved 2025 operating/free cash flow and rapid revenue growth provide some offset, but valuation remains constrained by losses and lack of dividend support.
Positive Factors
Strategic Rebrand & Diversification
The January 2026 rebrand signals a deliberate evolution from pure event promotion to a broader entertainment platform. That strategic pivot supports revenue diversification into talent/IP, brand partnerships and ongoing content initiatives, which can raise margins and reduce reliance on one-off shows over the medium term.
Negative Factors
Negative Shareholders' Equity
A persistent negative equity position materially weakens the company’s capital structure, constrains access to traditional financing, raises counterparty concerns, and elevates insolvency risk. This structural balance-sheet weakness reduces strategic optionality and increases dependency on external capital or shareholder support.
Read all positive and negative factors
Positive Factors
Negative Factors
Strategic Rebrand & Diversification
The January 2026 rebrand signals a deliberate evolution from pure event promotion to a broader entertainment platform. That strategic pivot supports revenue diversification into talent/IP, brand partnerships and ongoing content initiatives, which can raise margins and reduce reliance on one-off shows over the medium term.
Read all positive factors
Fast Track Group (FTRK) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$8.51M
Dividend YieldN/A
Average Volume (3M)498.63K
Price to Earnings (P/E)―
Beta (1Y)>-0.01
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees4
SectorCommunication Services
Sector Strength97
IndustryAdvertising Agencies
Share Statistics
EPS (TTM)N/A
Shares Outstanding21,812,500
10 Day Avg. Volume1,084,968
30 Day Avg. Volume498,626
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)-64.36
Price to Sales (P/S)76.55
P/FCF Ratio182.02
Enterprise Value/Market Cap0.29
Enterprise Value/Revenue1.14
Enterprise Value/Gross Profit4.08
Enterprise Value/Ebitda-1.37
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Fast Track Group Business Overview & Revenue Model
Company Description
Fast Track Group provides entertainment-focused event management and marketing services in Singapore, Malaysia, and Thailand. The company operates through Live Entertainment and Agency segments. It engages in the organization and management of liv...
How the Company Makes Money
Fast Track Group makes money primarily from promoting and producing live entertainment events. Key revenue streams include: (1) Ticketing-related income: revenue participation from ticket sales for concerts and events it promotes and organizes (ty...
Fast Track Group Financial Statement Overview
Summary
Income Statement
33
Negative
Balance Sheet
27
Negative
Cash Flow
56
Neutral
| Breakdown | TTM | Feb 2025 | Feb 2024 | Feb 2023 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 2.18M | 1.01M | 1.29M | 48.00K |
| Gross Profit | 610.30K | 128.60K | 265.44K | 44.14K |
| EBITDA | -1.82M | -425.87K | 33.82K | 30.63K |
| Net Income | -1.86M | -452.45K | 33.35K | 29.91K |
Balance Sheet | ||||
| Total Assets | 18.28M | 1.36M | 133.78K | 52.78K |
| Cash, Cash Equivalents and Short-Term Investments | 8.35M | 268.44K | 3.19K | 52.12K |
| Total Debt | 3.41K | 26.69K | 75.35K | 24.78K |
| Total Liabilities | 2.67M | 2.56M | 886.85K | 1.84M |
| Stockholders Equity | 15.61M | -1.21M | -753.07K | -1.79M |
Cash Flow | ||||
| Free Cash Flow | -10.41M | 426.25K | -9.52K | 36.51K |
| Operating Cash Flow | -10.38M | 428.47K | -9.52K | 36.51K |
| Investing Cash Flow | -29.51K | -2.22K | 0.00 | 0.00 |
| Financing Cash Flow | 18.89M | -161.01K | -39.41K | 13.40K |
Fast Track Group Risk Analysis
Fast Track Group disclosed 57 risk factors in its most recent earnings report. Fast Track Group reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Fast Track Group Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
52 Neutral | $19.00M | 4.14 | -55.09% | ― | 3.86% | 81.68% | |
49 Neutral | $59.11M | -3.58 | -56.10% | ― | -23.29% | 80.29% | |
46 Neutral | $3.54M | -1.70 | -63.25% | ― | 70.54% | 22.59% | |
44 Neutral | $8.51M | -1.88 | ― | ― | ― | ― | |
41 Neutral | $2.41M | -2.04 | -50.26% | ― | -66.59% | 67.63% |
* Communication Services Sector Average
FTRK
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Fast Track Group Corporate Events
Fast Track Group Inks Two-Year Global Tour Deal for K-Pop Group KIIRAS
Mar 4, 2026
Fast Track Group announced on March 4, 2026, that its subsidiary Fast Track Events Pte. Ltd. has signed a two-year partnership agreement with South Korean agency Leanbranding for the representation and live entertainment rights of rising K-pop gir...
Fast Track Group Wins Nasdaq Extension After Regaining Market Value Compliance
Feb 12, 2026
Fast Track Group, a Singapore-headquartered entertainment-focused event management and celebrity agency listed on Nasdaq, has built a strong Asia-Pacific presence since 2012 by offering end-to-end services from technical production and celebrity s...
Fast Track Group Subsidiary Signs Global MoU to Represent K-pop Group KIIRAS
Jan 27, 2026
On January 26, 2026, Fast Track Group’s subsidiary Fast Track Entertainment signed a memorandum of understanding with South Korean agency Leanbranding to act as the official global commercial representative for rising K-pop girl group KIIRAS...
Fast Track Group Rebrands as Fast Track Entertainment to Expand Beyond Events
Jan 20, 2026
On January 20, 2026, Fast Track Group announced a corporate rebrand of its operating business from Fast Track Events to Fast Track Entertainment, signaling a strategic evolution from pure event management into a broader entertainment platform cent...
Fast Track Group Posts Surging Revenue but Wider Loss in First Half of 2025
Jan 13, 2026
On January 13, 2026, Fast Track Group reported unaudited financial and operational results for the six months ended August 31, 2025, showing a sharp scaling of its celebrity agency and brand activation business across Southeast Asia. Revenue for t...
Fast Track Group Relocates Principal Office to Parkview Square in Singapore
Jan 8, 2026
On January 1, 2026, Fast Track Group relocated its principal executive office to 600 North Bridge Road, Parkview Square #24-01, Singapore 188778. The administrative move, disclosed in a Form 6-K filed on January 8, 2026, signals a formal change in...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.