Rekor Systems Inc

Rekor Systems Inc

REKR · NASDAQ · Technology / Software - Infrastructure

0.2547USD-0.06 (-20.31%)

Price History

Full chart

Market Stats

Previous Close0.3196
Open0.26
Day Range0.2149 – 0.2702
52-Week Range0.36 – 3.42
Volume4.92M
Market Cap53.66M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.15
Dividend Yield0.00%
Beta1.79
50-Day Avg0.5632
200-Day Avg0.8712

About

Rekor Systems, Inc. provides infrastructure solutions for public safety, urban mobility, and transportation management markets in the United States and internationally. The company offers Rekor One, a roadway intelligence engine; Rekor Command for transportation management; Rekor Discover for urban mobility; Rekor Scout for public safety; and Rekor AutoNotice, cloud-based financial management application for contactless compliance, as well as Rekor CarCheck, an artificial intelligence (AI) based vehicle and license plate recognition technology. It also provides Rekor Edge Max, a fixed traffic data collection system that captures and transforms roadway data into holistic traffic insights; Rekor Edge Pro, a vehicle recognition solution that is used on a standalone basis or integrated into a network; and Rekor Edge Flex, a portable data collection system. In addition, the company provides traffic services, such as traditional traffic studies for permanent and temporary traffic analytics projects; AI-driven traffic studies for traffic management; and traffic engineering services. Rekor Systems, Inc. was incorporated in 2017 and is headquartered in Columbia, Maryland.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Robert Alan Berman
  • Employees233
  • Headquarters6721 Columbia Gateway Drive, Columbia, MD, United States, 21046, USA
  • Websitehttps://www.rekor.ai

Leadership

  • Mr. Robert Alan BermanFounder, President, CEO & Executive Chairman · b. 1961
  • Mr. Joseph NalepaChief Financial Officer · b. 1990
  • Mr. Christopher KadochChief Technology Officer
  • Mr. Mathew Anthony HillChief Science Officer · b. 1984
  • Mr. Bulent S. Ozcan C.F.A.Director of Investor Relations
  • Mr. Claud V. S. EleyOutside General Counsel
  • Mr. Charles A. DegliominiExecutive Vice President of Government Relations & Corporate Communications · b. 1959
  • Ms. Debra Shakerdge-HennessyChief People Officer
  • Mr. Riaz LatifullahExecutive Vice President of Strategic Program Development · b. 1957
  • Mr. Scott RutherfordChief Innovation Officer · b. 1959

Financials

Income Statement

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue11.52M9.66M12.13M22.14M48.56M5.47M9.23M11.57M19.92M34.93M46.03M48.45M
Growth (%)--16.13%+25.53%+82.51%+119.38%-88.74%+68.84%+25.35%+72.10%+75.37%+31.76%+5.26%
Cost of Revenue6.62M5.50M6.96M13.79M34.77M1.65M3.52M4.55M10.89M16.50M23.34M21.38M
Gross Profit4.90M4.17M5.17M8.34M13.80M3.82M5.72M7.03M9.03M18.43M22.68M27.07M
Gross Margin42.54%43.11%42.62%37.69%28.41%69.79%61.90%60.70%45.33%52.77%49.28%55.87%
Operating Expense4.79M3.80M5.26M12.98M18.83M11.35M17.56M38.86M94.81M60.55M77.01M52.20M
Operating Income114.79K369.39K-93.88K-4.64M-5.04M-7.53M-11.85M-31.83M-85.78M-42.12M-54.32M-25.13M
Operating Margin1.00%3.82%-0.77%-20.95%-10.37%-137.76%-128.31%-275.02%-430.64%-120.56%-118.02%-51.87%
EBITDA194.44K439.66K-42.01K-4.43M-4.14M-8.17M-10.13M-27.62M-77.95M-36.11M-49.40M-22.94M
EBITDA Margin1.69%4.55%-0.35%-20.03%-8.53%-149.44%-109.72%-238.60%-391.31%-103.37%-107.33%-47.35%
Net Income114.78K369.39K-38.98K-5.04M-5.70M-15.88M-14.18M-26.78M-83.11M-45.69M-61.41M-31.46M
Net Income Margin1.00%3.82%-0.32%-22.77%-11.74%-290.44%-153.58%-231.38%-417.24%-130.78%-133.42%-64.93%
R&D----131.00K1.43M3.19M8.29M18.62M18.27M18.77M14.60M
R&D as % of Total Revenue----0.27%26.13%34.49%71.64%93.45%52.30%40.77%30.13%
Interest Expense160165.08K213.49K492.00K3.91M2.50M89.00K72.00K3.64M3.01M2.22M
Interest Expense % of Total Revenue0.00%0.00%1.36%0.96%1.01%71.48%27.11%0.77%0.36%10.42%6.54%4.58%

Balance Sheet

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.54M2.55M5.48M20.60M18.06M28.99M40.40M125.88M83.84M92.15M82.47M85.39M
Total Liabilities1.11M966.61K1.67M9.69M9.55M32.22M8.54M24.79M34.50M58.78M48.33M42.52M
Total Equity1.43M1.53M3.82M10.91M8.51M-3.23M31.86M101.09M49.34M33.37M34.14M42.87M
Cash632.31K567.87K2.79M1.96M2.77M1.18M20.59M25.80M1.92M15.38M5.01M16.57M
Total Debt--457.29K5.07M5.10M22.91M2.41M11.54M19.76M42.33M32.44M29.74M
Net Debt-632.31K-567.87K-2.33M3.11M2.33M21.73M-18.19M-14.25M17.84M26.94M27.42M13.17M

Cash Flow

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow53.83K260.66K-136.08K-3.17M-2.05M-21.33M-15.06M-18.03M-39.61M-32.63M-32.47M-20.37M
Investing Cash Flow-32.07K-57.34K-36.83K-289.66K395.15K-563.00K4.59M-47.37M-8.39M270.00K-9.37M-2.17M
Financing Cash Flow-319.91K-267.76K2.39M2.63M2.47M20.99M29.62M70.99M23.87M45.60M31.45M34.08M
Capital Expenditure32.07K57.34K36.83K289.66K1.08M806.00K1.04M6.27M4.17M1.39M1.68M2.53M
Free Cash Flow21.76K203.31K-172.91K-3.46M-3.13M-22.14M-16.10M-24.30M-43.78M-34.02M-34.15M-22.90M
Dividends Paid319.91K267.76K125.61K251.51K344.72K108.00K0874.00K-32.24M--
FCF to OCF40.42%78.00%127.07%109.15%152.60%103.78%106.88%134.78%110.53%104.25%105.18%112.42%
Dividend Paid to FCF1470.10%131.70%-72.65%-7.28%-11.00%-0.49%0.00%-3.60%--94.78%--

Earnings

Report DateAug 4, 2017Nov 13, 2017Jan 25, 2018May 15, 2018Aug 14, 2018Nov 13, 2018Feb 27, 2019May 14, 2019Aug 14, 2019Nov 14, 2019Mar 30, 2020May 13, 2020Aug 3, 2020Nov 9, 2020Mar 10, 2021May 10, 2021Aug 16, 2021Nov 15, 2021Mar 31, 2022May 16, 2022Aug 11, 2022Nov 14, 2022Mar 27, 2023May 15, 2023Aug 14, 2023Nov 14, 2023Mar 25, 2024May 15, 2024Aug 14, 2024Nov 14, 2024Mar 31, 2025May 14, 2025Aug 12, 2025Nov 13, 2025Mar 30, 2026May 11, 2026Aug 13, 2026Nov 12, 2026
EPS Estimate0.00----0.10-0.080.040.01-0.020.040.03-0.17-0.15-0.09-0.10-0.09-0.10-0.11-0.21-0.22-0.26-0.27-0.19-0.20-0.16-0.13-0.10-0.10-0.11-0.07-0.06-0.05-0.05-0.04-0.04-0.04-0.03-0.02
EPS Actual-0.04-0.09-0.14-0.20-0.07-0.05-0.13-0.09-0.17-0.17-0.21-0.19-0.17-0.13-0.11-0.15-0.11-0.23-0.13-0.29-0.31-0.23-0.13-0.22-0.18-0.16-0.16-0.17-0.12-0.15-0.22-0.10-0.07-0.03-0.04-0.07-0.07-
Surprise----30.00%37.50%-425.00%-1000.00%-750.00%-525.00%-800.00%-11.76%-13.33%-44.44%-10.00%-66.67%-10.00%-109.09%38.10%-31.82%-19.23%14.81%31.58%-10.00%-12.50%-23.08%-60.00%-70.00%-9.09%-114.29%-266.67%-100.00%-40.00%25.00%-18.26%-75.00%-133.33%-
Timing---After-hoursAfter-hoursPre-market-After-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursPre-marketPre-market

Key Statistics & Ratios

Market Cap53.66M
Enterprise Value75.81M
Trailing P/E0.00
Forward P/E0.00
Price / Sales1.08
Price / Book1.73
EPS-0.15
Book Value0.248
Revenue (TTM)49.82M
Gross Profit (TTM)29.02M
EBITDA-12.52M
Profit Margin-43.84%
Operating Margin-19.99%
Return on Equity-62.82%
Return on Assets-14.97%
Shares Outstanding137.64M
Shares Float132.58M
Beta1.79
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 2 analystsTarget 2.50
  • Strong Buy
    2

Ownership Breakdown

Institutions
28.09%
Insiders
3.99%
Retail / Other
67.92%

Top Institutional Holders

  • Vanguard Capital Management, LLC
    5.50M3.99%
  • State Street Corp
    3.80M2.76%
  • UBS Group AG
    2.56M1.86%
  • Prescott Group Capital Management LLC
    2.51M1.82%
  • Renaissance Technologies Corp
    2.35M1.71%
  • BlackRock Inc
    2.08M1.51%
  • Mercer Global Advisors Inc.
    1.70M1.24%
  • Geode Capital Management, LLC
    1.31M0.95%
  • Qube Research & Technologies
    1.22M0.89%
  • Vanguard Fiduciary Trust Co
    882.52K0.64%
  • Curated Wealth Partners LLC
    792.77K0.58%
  • SG Americas Securities, LLC
    680.90K0.49%
  • Northern Trust Corp
    536.89K0.39%
  • The Goldman Sachs Group Inc
    498.08K0.36%
  • Omers Administration Corp
    261.80K0.19%
  • Susquehanna International Group, LLP
    258.70K0.19%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    3.77M2.74%
  • Fidelity Extended Market Index
    714.37K0.52%
  • Fidelity Total Market Index
    224.00K0.16%
  • Fidelity Series Total Market Index
    199.73K0.15%