CONTRACT LIABILITIES

6 Months Ended

Aug. 31, 2025

Contract Liabilities

CONTRACT LIABILITIES

NOTE 8 – CONTRACT LIABILITIES

Contract liabilities consist of the following:

	As of
	August 31, 2025			February 28, 2025
	$			$
Balance at beginning of the period		403,661			12,376
Additions		1,256,506			677,868
Recognized to revenue during the period		(937,354	)		(286,583	)
Balance at end of the period		722,813			403,661

Contract liabilities represent the payment advanced from customers.

FAST TRACK GROUP

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED AUGUST 31, 2025 AND 2024

(Stated in US Dollars)