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REKR

REKR - Rekor Systems Inc Stock Price, Fair Value and News

1.31USD-0.07 (-5.07%)Market Closed

Market Summary

REKR
USD1.31-0.07
Market Closed
-5.07%

REKR Stock Price

View Fullscreen

REKR RSI Chart

REKR Valuation

Market Cap

111.8M

Price/Earnings (Trailing)

-2.17

Price/Sales (Trailing)

2.9

EV/EBITDA

-2.97

Price/Free Cashflow

-3.59

REKR Price/Sales (Trailing)

REKR Profitability

Operating Margin

86.61%

EBT Margin

-118.50%

Return on Equity

-93.92%

Return on Assets

-48.17%

Free Cashflow Yield

-27.86%

REKR Fundamentals

REKR Revenue

Revenue (TTM)

38.5M

Rev. Growth (Yr)

58.09%

Rev. Growth (Qtr)

-11.64%

REKR Earnings

Earnings (TTM)

-51.6M

Earnings Growth (Yr)

-46.77%

Earnings Growth (Qtr)

-64.38%

Breaking Down REKR Revenue

Last 7 days

-22.0%

Last 30 days

-29.2%

Last 90 days

-48.6%

Trailing 12 Months

1.6%

How does REKR drawdown profile look like?

REKR Financial Health

Current Ratio

1.26

REKR Investor Care

Shares Dilution (1Y)

38.10%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202438.5M000
202323.1M28.0M30.3M34.9M
202210.3M9.8M13.9M19.9M
202111.9M13.5M13.9M11.6M
20206.1M7.3M7.9M9.2M
201924.0M13.1M8.7M5.5M
201830.0M38.9M40.4M34.2M
201714.7M17.2M19.7M22.3M
201600012.1M
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Tracking the Latest Insider Buys and Sells of Rekor Systems Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 15, 2024
dunbar michael david
sold (taxes)
-6,629
2.06
-3,218
chief revenue officer
Mar 15, 2024
desharnais david philip
sold (taxes)
-10,335
2.06
-5,017
president and coo
Mar 15, 2024
shakerdge-hennessy debra
sold (taxes)
-2,381
2.06
-1,156
chief people officer
Mar 15, 2024
hen eyal
sold (taxes)
-19,809
2.06
-9,616
cfo
Mar 13, 2024
townsend anne
acquired
-
-
50,000
-
Mar 04, 2024
berman robert alan
acquired
300,000
2.5
120,000
chief executive officer
Mar 04, 2024
arctis global llc
acquired
975,000
2.5
390,000
-
Jan 10, 2024
hanlon david patrick
acquired
-
-
25,837
-
Jan 10, 2024
sarma sanjay e
acquired
-
-
25,837
-
Jan 10, 2024
davenport timothy j
acquired
-
-
25,837
-

1–10 of 50

Which funds bought or sold REKR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
JANE STREET GROUP, LLC
added
25.99
-194,305
1,260,580
-%
May 16, 2024
AWM Investment Company, Inc.
new
-
3,322,960
3,322,960
0.44%
May 15, 2024
IHT Wealth Management, LLC
unchanged
-
-55,781
122,825
-%
May 15, 2024
BANK OF AMERICA CORP /DE/
added
40.31
-25,029
688,190
-%
May 15, 2024
Kestra Advisory Services, LLC
unchanged
-
-28,107
61,890
-%
May 15, 2024
WOLVERINE TRADING, LLC
reduced
-16.3
-23,944
32,470
-%
May 15, 2024
Laurion Capital Management LP
unchanged
-
-622,856
1,371,480
0.01%
May 15, 2024
Shay Capital LLC
unchanged
-
-2,964,000
6,526,500
1.02%
May 15, 2024
STATE STREET CORP
added
9.59
-314,560
962,375
-%
May 15, 2024
Arctis Global LLC
added
4.04
-9,140,290
22,985,900
100.00%

1–10 of 45

Are Funds Buying or Selling REKR?

Are funds buying REKR calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own REKR
No. of Funds

Unveiling Rekor Systems Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
arctis global llc
11.64%
9,647,491
SC 13G/A
Feb 14, 2024
armistice capital, llc
9.79%
7,050,000
SC 13G
Feb 13, 2024
cantor fitzgerald europe
5.1%
5
SC 13G
Feb 07, 2024
goldman sachs group inc
4.1%
2,835,677
SC 13G/A
Jun 16, 2023
avon road partners, l.p.
1.9%
1,165,104
SC 13D/A
Feb 14, 2023
arctis global llc
10.51%
6,089,591
SC 13G/A
Feb 08, 2023
goldman sachs group inc
5.1%
2,767,852
SC 13G/A
May 27, 2022
arctis global llc
10.3%
4,811,155
SC 13G
May 09, 2022
blackrock inc.
4.97%
2,236,436
SC 13G
Feb 04, 2022
blackrock inc.
5.1%
2,264,368
SC 13G

Recent SEC filings of Rekor Systems Inc

View All Filings
Date Filed Form Type Document
May 15, 2024
10-Q
Quarterly Report
May 15, 2024
8-K
Current Report
Apr 29, 2024
S-8
Employee Benefits Plan
Apr 22, 2024
8-K
Current Report
Apr 19, 2024
8-K
Current Report
Mar 25, 2024
10-K
Annual Report
Mar 25, 2024
8-K
Current Report
Mar 25, 2024
DEF 14A
DEF 14A
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading

Peers (Alternatives to Rekor Systems Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.1T
236.6B
2.04% 31.94%
36.24
13.2
13.97% 24.86%
216.6B
19.9B
1.92% 34.16%
45.12
10.87
10.76% 1.35%
82.6B
3.1B
17.82% 143.95%
924.45
27.03
36.33% 148.75%
44.6B
22.9B
-1.67% 21.44%
89.43
1.95
23.28% 240.37%
14.5B
3.9B
-5.09% 8.50%
23.17
3.74
7.01% 28.42%
10.2B
2.8B
-3.92% 22.69%
20.48
3.67
0.20% 52.82%
MID-CAP
7.5B
619.6M
12.28% 29.55%
779.75
12.06
7.11% 116.83%
6.4B
583.1M
40.42% 1.19%
-33.59
10.98
22.54% 30.49%
4.0B
1.5B
19.09% 52.81%
27.07
2.67
6.51% 54.77%
2.4B
560.0M
-6.27% -15.47%
-22.61
4.34
14.52% 34.67%
SMALL-CAP
1.3B
1.2B
-10.96% -12.92%
19.76
1.09
3.70% 18.24%
1.2B
254.7M
26.48% 15.07%
26.36
4.73
-7.51% 2.74%
590.0M
634.3M
29.78% 103.56%
-20.22
0.93
9.43% -197.31%
20.5M
23.3M
-8.22% -61.16%
-1.79
0.88
336.57% -92.79%
13.0M
15.3M
- 31.58%
-1.29
0.85
-7.99% -1417.41%

Rekor Systems Inc News

Latest updates
Yahoo News UK • 16 May 2024 • 07:46 am
Defense World • 08 May 2024 • 07:00 am
InvestorPlace • 25 Mar 2024 • 07:00 am
MSN • 2 months ago
Zacks Investment Research • 2 months ago
Crowell & Moring LLP • 3 months ago
CNN • 4 months ago

Rekor Systems Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-11.6%9,778,00011,066,0009,119,0008,563,0006,185,0006,467,0006,778,0003,698,0002,975,000470,0002,615,0004,274,0004,216,0002,835,5002,126,0002,677,0001,595,0001,507,0001,536,0001,416,0001,010,000
Cost Of Revenue------------1,432,0001,962,000779,500984,0001,276,000494,000500,500390,000271,000490,000
Gross Profit------------2,842,0002,254,0002,056,0001,142,0001,401,0001,101,0001,006,5001,146,0001,145,000520,000
Operating Expenses14.3%17,409,00015,232,00014,602,00014,712,00016,004,00012,935,00050,805,00017,131,00014,116,00012,812,00010,868,0007,578,0007,602,0005,163,0004,514,0004,180,0003,705,0003,254,0003,637,0002,754,0001,706,000
  S&GA Expenses26.7%2,414,0001,906,0001,498,0002,053,0001,890,0001,917,5002,432,0002,649,0001,352,0001,429,0001,125,000984,000937,000784,500560,000424,000371,000565,000587,000336,000158,000
  R&D Expenses17.4%5,001,0004,260,0004,270,0004,783,0004,958,0004,865,0004,911,0004,727,0004,092,0003,551,0002,000,0001,519,0001,222,0001,042,000781,000819,000543,000672,000450,000302,0005,000
EBITDA Margin11.1%-0.87-0.98-1.03-2.53-3.31-3.91-5.96-4.55-3.35-2.41-1.43-1.28-1.04--------
Interest Expenses3.3%1,054,0001,020,500906,000908,000761,000-25,50021,00017,0009,000-44,50021,00018,00032,00035,500218,0001,086,0001,163,0001,184,5001,182,0001,334,000209,000
Income Taxes-100.0%-32,000----33,000-954,000---3,828,5003,0003,0003,00029,500-7,0007,0007,00011,50012,00012,00012,000
Earnings Before Taxes100.0%--11,292,000-10,566,000-11,113,000-12,682,000-7,296,000-49,082,000-15,390,000-12,673,000-11,447,500-9,610,000-4,684,000-5,324,000-3,099,500-6,660,000-412,000-3,767,000-3,357,000-3,516,000-2,979,000-2,506,000
EBT Margin9.3%-1.18-1.31-1.37-2.86-3.65-4.24-6.36-5.03-3.72-2.68-1.63-1.47-1.31--------
Net Income-64.4%-18,614,000-11,324,000-10,566,000-11,113,000-12,682,000-7,213,000-48,034,000-15,267,000-12,601,000-7,001,000-9,613,000-4,762,000-5,406,000-3,107,000-6,669,000-618,000-3,788,000-4,455,000-3,628,000-4,927,000-2,875,000
Net Income Margin-2.4%-1.34-1.31-1.37-2.82-3.60-4.17-5.96-4.56-3.29-2.31-1.64-1.48-1.33--------
Free Cashflow-43.1%-7,886,000-5,512,000-7,466,000-10,289,000-9,360,000-9,522,000-7,264,000-10,670,000-12,156,000-5,709,000-5,478,000-3,684,000-3,163,000--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets16.3%10792.0088.0084.0094.0084.0093.0013712012613310510840.0043.0023.0029.0029.0031.0032.0035.00
  Current Assets0.9%26.0025.0020.0013.0021.009.0018.0025.0021.0031.0043.0088.0092.0024.0027.005.0011.0010.0011.0012.0013.00
    Cash Equivalents-20.3%12.0015.007.002.0012.002.008.0014.0015.0026.0035.0069.0063.0021.0025.002.001.002.001.003.004.00
  Inventory22.8%4.003.003.003.002.002.003.003.001.001.002.001.001.001.001.001.000.000.000.000.000.00
  Net PPE5.2%14.0013.0014.0015.0016.0017.0017.0016.0010.0010.009.002.001.001.001.001.000.000.002.002.002.00
  Goodwill17.3%24.0021.0021.0021.0021.0021.0021.002.0053.0053.0050.006.006.006.006.006.006.006.006.008.003.00
Liabilities-11.2%52.0059.0045.0042.0042.0035.0038.0038.0027.0025.0026.009.0010.009.008.0027.0033.0032.0033.0030.0028.00
  Current Liabilities17.9%20.0017.0016.0015.0014.0015.0019.0018.0011.0014.0015.008.008.006.006.006.0010.0010.0011.009.008.00
Shareholder's Equity64.7%55.0033.0044.0042.0052.0049.0055.0099.0093.0010110795.0099.0025.0028.00-----1.00
  Retained Earnings-9.4%-217-198-187-176-165-153-146-98.09-82.48-69.88-62.88-53.27-48.51-43.05-39.83-33.04-32.31-28.41-23.84-20.09-15.05
  Additional Paid-In Capital17.4%27323323121921820320119817617117014914868.0068.0022.0022.0019.0017.0016.0017.00
Accumulated Depreciation---------------------1.00
Shares Outstanding23.3%85.0069.0061.0062.0061.0054.0053.0047.0044.0044.0038.0038.0036.00--------
Float----86.00---74.00---324---59.00---19.00-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-43.1%-7,886-5,512-7,466-10,289-9,360-9,522-7,264-10,670-12,156-5,709-5,478-3,684-3,163-3,319-1,623-8,129-1,992-12,077-5,513-1,772-1,970
  Share Based Compensation4.7%1,1671,1151,0811,0441,1121,2031,6281,8851,9001,3096941,12578125720216617113276.0017563.00
Cashflow From Investing-2328.2%-9,130-3761,122252-7282,182-1,164-7,443-1,964-3,974-28,5299,631-24,494-493-1725,431-178-157-14143.00-308
Cashflow From Financing-4.7%13,57014,24210,919-20220,6431,0512,33117,3733,11311828590.0070,49991.0024,0923,4681,96711,8934,1933454,562
  Buy Backs-180-16.00-89.00---98.00---319--------
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REKR Income Statement

2024-03-31
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue$ 9,778$ 6,185
Cost of revenue, excluding depreciation and amortization5,2852,868
Operating expenses:  
General and administrative expenses7,6627,201
Selling and marketing expenses2,4141,890
Research and development expenses5,0014,958
Depreciation and amortization2,3321,955
Total operating expenses17,40916,004
Loss from operations(12,916)(12,687)
Other income (expense):  
(Loss) gain on extinguishment of debt(4,693)527
Interest expense, net(1,054)(761)
Other income49239
Total other income (expense)(5,698)5
Net loss$ (18,614)$ (12,682)
Loss per common share (in dollars per share)$ (0.23)$ (0.23)
Weighted average shares outstanding  
Basic and diluted (in shares)79,558,34654,680,048

REKR Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash and cash equivalents$ 11,881$ 15,385
Restricted cash and cash equivalents386328
Accounts receivable, net7,5424,955
Inventory3,7543,058
Note receivable, current portion368340
Other current assets1,6321,270
Total current assets25,56325,336
Long-term assets  
Property and equipment, net13,87613,188
Right-of-use operating lease assets, net9,6349,584
Right-of-use financing lease assets, net1,8661,989
Goodwill24,16120,593
Intangible assets, net28,16717,239
Note receivable, long-term397482
Deposits3,4863,740
Total long-term assets81,58766,815
Total assets107,15092,151
Current liabilities  
Accounts payable and accrued expenses6,9055,139
Notes payable, current portion1,0001,000
Loan payable, current portion7675
Lease liability operating, short-term1,3771,261
Lease liability financing, short-term569547
Contract liabilities4,6353,604
Other current liabilities5,7605,610
Total current liabilities20,32217,236
Long-term Liabilities  
Notes payable, long-term1,0001,000
Loan payable, long-term253273
Lease liability operating, long-term13,21613,445
Lease liability financing, long-term9481,057
Contract liabilities, long-term1,4141,449
Deferred tax liability6565
Other non-current liabilities587587
Total long-term liabilities31,86941,545
Total liabilities52,19158,781
Commitments and contingencies (Note 7)
Stockholders' equity  
Preferred stock, $0.0001 par value, 2,000,000 authorized, 505,000 shares designated as Series A and 240,861 shares designated as Series B as of March 31, 2024 and December 31, 2023, respectively. No preferred stock was issued or outstanding as of March 31, 2024 or December 31, 2023, respectively.00
Common stock, $0.0001 par value; authorized; 300,000,000 shares; issued: 85,479,571 shares as of March 31, 2024 and 69,273,334 as of December 31, 2023; outstanding: 85,324,918 shares as of March 31, 2024 and 69,176,826 as of December 31, 2023.87
Treasury stock, 154,653 and 96,508 shares as of March 31, 2024 and December 31, 2023, respectively.(702)(522)
Additional paid-in capital272,950232,568
Accumulated deficit(217,297)(198,683)
Total stockholders’ equity54,95933,370
Total liabilities and stockholders’ equity107,15092,151
The 2023 Promissory Notes [Member] | Nonrelated Party [Member]  
Long-term Liabilities  
Secured long term debt, net of debt discount02,988
The 2023 Promissory Notes [Member] | Related Party [Member]  
Long-term Liabilities  
Secured long term debt, net of debt discount06,351
The 2023 Revenue Sharing Notes [Member] | Nonrelated Party [Member]  
Long-term Liabilities  
Secured long term debt, net of debt discount9,5919,553
The 2023 Revenue Sharing Notes [Member] | Related Party [Member]  
Long-term Liabilities  
Secured long term debt, net of debt discount$ 4,795$ 4,777
REKR
Rekor Systems, Inc., a technology company, provides intelligent infrastructure solutions for transportation management, public safety, and urban mobility markets in the United States, Canada, and internationally. It leverages AI, machine learning, and holistic data to support the intelligent infrastructure for smart mobility. The company's platforms include Rekor One, an AI-powered roadway intelligence platform; Rekor Command, a comprehensive cross-agency platform that provides various applications for traffic management centers, freeway service patrol, first responders, and maintenance crews; Rekor Discover, a platform that ingests data from its hardware and fully automates comprehensive analytics and actionable insights about the movement of objects across the roadway; and Rekor Scout platform, which fully automates previously manual processes with collaborative solutions that keep all stakeholders apprised of developing situations and accelerate reaction times to incidents and offenders. The company also offers Rekor AutoNotice, a cloud-based financial management application that delivers an information and citation management solution for cities, states, and municipalities for primary and secondary offenses; and Rekor CarCheck, which allows its AI based vehicle and license plate recognition technology to be conveniently accessed for a range of commercial applications. In addition, it offers Rekor Edge Max System, a fixed traffic data collection system; Rekor Edge Pro, a vehicle recognition solution; and Rekor Edge Flex, a portable data collection system. Rekor Systems, Inc. was incorporated in 2017 and is headquartered in Columbia, Maryland.
 CEO
 WEBSITErekor.ai
 INDUSTRYSoftware - Infra
 EMPLOYEES267

Rekor Systems Inc Frequently Asked Questions


What is the ticker symbol for Rekor Systems Inc? What does REKR stand for in stocks?

REKR is the stock ticker symbol of Rekor Systems Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Rekor Systems Inc (REKR)?

As of Fri May 17 2024, market cap of Rekor Systems Inc is 111.82 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of REKR stock?

You can check REKR's fair value in chart for subscribers.

What is the fair value of REKR stock?

You can check REKR's fair value in chart for subscribers. The fair value of Rekor Systems Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Rekor Systems Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for REKR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Rekor Systems Inc a good stock to buy?

The fair value guage provides a quick view whether REKR is over valued or under valued. Whether Rekor Systems Inc is cheap or expensive depends on the assumptions which impact Rekor Systems Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for REKR.

What is Rekor Systems Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, REKR's PE ratio (Price to Earnings) is -2.17 and Price to Sales (PS) ratio is 2.9. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. REKR PE ratio will change depending on the future growth rate expectations of investors.