{"url_path":"/sec/ftrk/10-k/2026/item-11","section_key":"item-11","section_title":"Item 11 QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-06-30","source_url":"https://www.sec.gov/Archives/edgar/data/2027262/0001493152-26-031197-index.html","accession_number":"0001493152-26-031197","cik":"0002027262","ticker":"FTRK","issuer_name":"Fast Track Group","edgar_url":"https://www.sec.gov/Archives/edgar/data/2027262/0001493152-26-031197-index.html","primary_entity_key":"0002027262","primary_entity_name":"Fast Track Group"},"word_count":204,"has_tables":true,"body_markdown":"**ITEM\n11. QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK**\n\n \n\nFor\nthe year ended February 28, 2025, customer C and customer D accounted for 60% and 37% of the Company’s total revenue. For the year\nended February 28, 2026, customer A and customer B accounted for 85% and 15% of the Company’s total revenue.\n\n \n\nFor\nthe year ended February 28, 2025, vendor E accounted for 90% of the Company’s total purchases. For the year ended February 28,\n2026, vendor A, B, C and D accounted for 27%, 24%, 20% and 20% of the Company’s total purchases.\n\n \n\n**Credit\nrisk**\n\n \n\nFinancial\ninstruments that potentially expose the Company to concentration of credit risk consist primarily of cash and cash equivalents, and accounts\nreceivable and deposits. The Company has designed their credit policies with an objective to minimize their exposure to credit risk.\nThe Company’s accounts receivable is short term in nature and the associated risk is minimal. The Company conducts credit evaluations\non its clients and generally does not require collateral or other security. The Company periodically evaluates the creditworthiness of\nthe existing clients in determining the allowance for doubtful accounts primarily based upon the age of the receivables and factors surrounding\nthe credit risk of specific clients."}