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This company recently went public with an IPO on Friday, May 23rd 2025. They issued 3,800,000 shares at $4.00 - $5.00 per share. We will continue to update data for FTRK as it becomes available.

NASDAQ:FTRK

Fast Track Group (FTRK) Stock Price, News & Analysis

$5.59 -1.60 (-22.25%)
As of 06/4/2025 04:00 PM Eastern

About Fast Track Group Stock (NASDAQ:FTRK)

Key Stats

Today's Range
$4.70
$7.08
50-Day Range
N/A
52-Week Range
$3.15
$9.69
Volume
365,180 shs
Average Volume
2.73 million shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Fast Track Events Pte. Ltd. was incorporated as an exempt private company limited by shares in Singapore on March 8, 2012 as an operating company of our businesses. We are a regional entertainment-focused event management and marketing company that provides a full range of services including experiential marketing, artiste endorsement and management, movie premiere organizations, grand openings and concerts. In addition to our expertise in event and concert management, we offer comprehensive value-added services tailored to meet specific client demands. These include media planning and PR management to boost event visibility, technical production planning for seamless execution of audiovisual requirements, and event manpower support for logistical efficiency. Internally, we handle project management and select media press releases, while sourcing technical support from specialized suppliers across event locations. This integrated approach ensures that we deliver high-quality, customized solutions that meet the diverse needs of our clients, enhancing the success and impact of each event we undertake. Since our inception, we have been instrumental in creating, developing, organizing, hosting, and managing a diverse range of events and concerts for our clients. Leveraging our extensive experience, we have successfully orchestrated large-scale events featuring renowned Asian bands and artistes such as B.A.P, BTS, and David Tao. Additionally, we have hosted international speakers including Michael Franzese and Michelle Yeoh, as well as organized appearances by global celebrities like John Cena and Steven Seagal. Notable milestones include organizing Malaysia’s inaugural Hollywood Movie Premiere Red Carpet event for “Baby Driver,” as well as the acclaimed 2015 BTS Live Trilogy: Episode II The Red Bullet concerts. Furthermore, we managed the successful 2018 Wild Kard Tour showcases held in Sydney and Melbourne, Australia. These events underscore our capability to deliver memorable experiences and highlight our expertise in managing high-profile engagements across different regions and entertainment genres. A significant portion of our revenue are derived from a small number of customers. For example, approximately 100% of our total revenue for the six months ended August 31, 2023 was generated from two major customers, who are also related parties and one major customer accounted for 100% of our total revenue for the six months ended August 31, 2024. One major customer accounted for 100% of our total revenue for the year ended February 28, 2023, and approximately 75% of our total revenue for the year ended February 29, 2024 was generated from two major customers, who are also related parties. Due to the nature of our business, our portfolio of major customers may vary from year to year as our customers may only be holding one or two events and/or concerts in a year and such events and/or concerts may not be held on a regular basis. We may continue to have a concentration of customers in the future, and we face the risk of losing a significant source of revenue if our major customers do not engage our services and we cannot secure new customers on time. Part of our diversification strategy involves expanding into various facets of the entertainment industry, including Live Entertainment and Agency services, which would allow us to not be reliant on a single revenue source and maintain stability even when one segment faces challenges. Our principal place of business is in Singapore.

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FTRK Stock News Headlines

Fast Track Group (NASDAQ:FTRK) Upgraded at Wall Street Zen
See More Headlines

FTRK Stock Analysis - Frequently Asked Questions

Fast Track Group's stock was trading at $4.85 at the beginning of 2025. Since then, FTRK stock has increased by 15.3% and is now trading at $5.59.
View the best growth stocks for 2025 here
.

Fast Track Group (FTRK) raised $17 million in an initial public offering (IPO) on Friday, May 23rd 2025. The company issued 3,800,000 shares at a price of $4.00-$5.00 per share. Alexander Capital and Network 1 Financial Securities acted as the underwriters for the IPO.

Fast Track Group's quiet period expires on Wednesday, July 2nd. Fast Track Group had issued 3,750,000 shares in its initial public offering on May 23rd. The total size of the offering was $15,000,000 based on an initial share price of $4.00. During the company's quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the expiration of the company's quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Shares of FTRK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Services
Industry
Services – Amusement And Recreation
Sub-Industry
Entertainment
Current Symbol
NASDAQ:FTRK
Web
N/A
Fax
N/A
Employees
6
Year Founded
N/A

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$152,896.00
Price / Cash Flow
N/A
Price / Book
N/A

Miscellaneous

Free Float
N/A
Optionable
N/A
Beta
N/A
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This page (NASDAQ:FTRK) was last updated on 6/5/2025 by MarketBeat.com Staff
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