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REKR

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

1.79USD+0.04 (+2.29%)Market Closed

Market Summary

REKR
USD1.79+0.04
Market Closed
2.29%

REKR Stock Price

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REKR RSI Chart

REKR Valuation

Market Cap

152.7M

Price/Earnings (Trailing)

-3.34

Price/Sales (Trailing)

4.37

EV/EBITDA

-4.02

Price/Free Cashflow

-4.68

REKR Price/Sales (Trailing)

REKR Profitability

Operating Margin

85.24%

EBT Margin

-130.69%

Return on Equity

-136.9%

Return on Assets

-49.58%

Free Cashflow Yield

-21.36%

REKR Fundamentals

REKR Revenue

Revenue (TTM)

34.9M

Rev. Growth (Yr)

71.11%

Rev. Growth (Qtr)

21.35%

REKR Earnings

Earnings (TTM)

-45.7M

Earnings Growth (Yr)

-56.99%

Earnings Growth (Qtr)

-7.17%

Breaking Down REKR Revenue

Last 30 days

-19.4%

Last 90 days

-48.0%

Trailing 12 Months

42.6%

How does REKR drawdown profile look like?

REKR Financial Health

Current Ratio

1.47

REKR Investor Care

Shares Dilution (1Y)

39.81%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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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PurpleZone


Returns of $10,000 invested in:

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
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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
Apr 25, 2024
Allworth Financial LP
unchanged
-
-208
458
-%
Apr 25, 2024
NATIXIS ADVISORS, L.P.
sold off
-100
-236,000
-
-%
Apr 25, 2024
Bank of New York Mellon Corp
reduced
-56.02
-62,424
27,063
-%
Apr 25, 2024
SIMPLEX TRADING, LLC
sold off
-100
-8,000
-
-%
Apr 24, 2024
Cambridge Investment Research Advisors, Inc.
reduced
-2.82
-22,000
45,000
-%
Apr 18, 2024
Northstar Group, Inc.
unchanged
-
-72,138
158,841
0.03%
Apr 17, 2024
Red Door Wealth Management, LLC
unchanged
-
-24,960
54,960
0.01%
Apr 17, 2024
GRIMES & COMPANY, INC.
unchanged
-
-17,160
37,785
-%
Apr 17, 2024
Cannon Global Investment Management, LLC
new
-
93,890
93,890
0.25%
Apr 11, 2024
D. SCOTT NEAL, INC.
unchanged
-
-1,768,680
3,894,490
2.55%

1–10 of 43

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
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
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 14, 2024
3
Insider Trading

Peers (Alternatives to Rekor Systems Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.0T
236.6B
-3.63% 33.23%
35.03
12.76
13.97% 24.86%
213.9B
19.9B
-5.32% 28.58%
44.56
10.73
10.76% 1.35%
72.6B
3.1B
-5.59% 141.36%
812.75
23.76
36.33% 148.75%
45.4B
21.9B
-10.45% 22.96%
6.6K
2.07
25.01% 101.26%
15.4B
3.8B
-7.25% 24.42%
28.14
4.04
5.40% 4.57%
10.7B
2.8B
-3.65% 37.78%
23.21
3.81
3.55% 53.13%
MID-CAP
6.7B
612.7M
-3.08% 20.53%
-754.94
11
7.07% 79.45%
6.3B
583.1M
20.70% 13.67%
-33.13
10.83
22.54% 30.49%
3.5B
1.5B
2.37% 34.86%
29.17
2.44
2.16% -14.54%
2.7B
545.4M
-4.16% 2.06%
-24.66
5.04
16.53% 26.16%
SMALL-CAP
1.4B
1.2B
-4.77% -7.98%
20.66
1.21
7.30% 93.18%
1.0B
251.7M
-1.02% -4.24%
25.24
4.01
-10.22% -14.79%
461.5M
601.1M
-0.17% 46.86%
-28.24
0.77
4.88% -183.51%
20.8M
7.0M
1.99% -47.50%
-2.42
2.91
-55.73% -45.27%
13.8M
15.6M
12.82% 48.31%
-1.38
0.88
-6.37% -5256.07%

Rekor Systems Inc News

Latest updates
Yahoo Finance • 25 Mar 2024 • 07:00 am
InvestorPlace • 25 Mar 2024 • 07:00 am
MSN • 19 Mar 2024 • 02:33 pm
Zacks Investment Research • 2 months ago
Crowell & Moring LLP • 2 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue21.4%11,066,0009,119,0008,563,0006,185,0006,467,0006,778,0003,698,0002,975,000470,0002,615,0004,274,0004,216,0002,835,5002,126,0002,677,0001,595,0001,507,0001,536,0001,416,0001,010,0004,783,000
Cost Of Revenue-----------1,432,0001,962,000779,500984,0001,276,000494,000500,500390,000271,000490,000-3,771,518
Gross Profit-----------2,842,0002,254,0002,056,0001,142,0001,401,0001,101,0001,006,5001,146,0001,145,000520,0001,458,134
Operating Expenses4.3%15,232,00014,602,00014,712,00016,004,00012,935,00050,805,00017,131,00014,116,00012,812,00010,868,0007,578,0007,602,0005,163,0004,514,0004,180,0003,705,0003,254,0003,637,0002,754,0001,706,000-
  S&GA Expenses27.2%1,906,0001,498,0002,053,0001,890,0001,917,5002,432,0002,649,0001,352,0001,429,0001,125,000984,000937,000784,500560,000424,000371,000565,000587,000336,000158,000-1,825,975
  R&D Expenses-0.2%4,260,0004,270,0004,783,0004,958,0004,865,0004,911,0004,727,0004,092,0003,551,0002,000,0001,519,0001,222,0001,042,000781,000819,000543,000672,000450,000302,0005,000-
EBITDA Margin5.4%-0.98-1.03-2.53-3.31-3.91-5.96-4.55-3.35-2.41-1.43-1.28-1.04-1.10--------
Interest Expenses12.6%1,020,500906,000908,000761,000-25,50021,00017,0009,000-44,50021,00018,00032,00035,500218,0001,086,0001,163,0001,184,5001,182,0001,334,000209,00047,025
Income Taxes-32,000----33,000-954,000---3,828,5003,0003,0003,00029,500-7,0007,0007,00011,50012,00012,00012,00029,000
Earnings Before Taxes-6.9%-11,292,000-10,566,000-11,113,000-12,682,000-7,296,000-49,082,000-15,390,000-12,673,000-11,447,500-9,610,000-4,684,000-5,324,000-3,099,500-6,660,000-412,000-3,767,000-3,357,000-3,516,000-2,979,000-2,506,000-2,033,578
EBT Margin4.8%-1.31-1.37-2.86-3.65-4.24-6.36-5.03-3.72-2.68-1.63-1.47-1.31-1.51--------
Net Income-7.2%-11,324,000-10,566,000-11,113,000-12,682,000-7,213,000-48,034,000-15,267,000-12,601,000-7,001,000-9,613,000-4,762,000-5,406,000-3,107,000-6,669,000-618,000-3,788,000-4,455,000-3,628,000-4,927,000-2,875,000-2,084,078
Net Income Margin4.6%-1.31-1.37-2.82-3.60-4.17-5.96-4.56-3.29-2.31-1.64-1.48-1.33-1.54--------
Free Cashflow26.2%-5,512,000-7,466,000-10,289,000-9,360,000-9,522,000-7,264,000-10,670,000-12,156,000-5,709,000-5,478,000-3,684,000-3,163,000-3,319,000--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets4.5%92.0088.0084.0094.0084.0093.0013712012613310510840.0043.0023.0029.0029.0031.0032.0035.0018.00
  Current Assets27.6%25.0020.0013.0021.009.0018.0025.0021.0031.0043.0088.0092.0024.0027.005.0011.0010.0011.0012.0013.009.00
    Cash Equivalents118.7%15.007.002.0012.002.008.0014.0015.0026.0035.0069.0063.0021.0025.002.001.002.001.003.004.003.00
  Inventory-11.6%3.003.003.002.002.003.003.001.001.002.001.001.001.001.001.000.000.000.000.000.000.00
  Net PPE-6.3%13.0014.0015.0016.0017.0017.0016.0010.0010.009.002.001.001.001.001.000.000.002.002.002.000.00
  Goodwill0%21.0021.0021.0021.0021.0021.002.0053.0053.0050.006.006.006.006.006.006.006.006.008.003.001.00
Liabilities31.9%59.0045.0042.0042.0035.0038.0038.0027.0025.0026.009.0010.009.008.0027.0033.0032.0033.0030.0028.0010.00
  Current Liabilities5.9%17.0016.0015.0014.0015.0019.0018.0011.0014.0015.008.008.006.006.006.0010.0010.0011.009.008.009.00
Shareholder's Equity-23.4%33.0044.0042.0052.0049.0055.0099.0093.0010110795.0099.0025.0028.00-----1.003.00
  Retained Earnings-6.0%-198-187-176-165-153-146-98.09-82.48-69.88-62.88-53.27-48.51-43.05-39.83-33.04-32.31-28.41-23.84-20.09-15.05-12.06
  Additional Paid-In Capital0.5%23323121921820320119817617117014914868.0068.0022.0022.0019.0017.0016.0017.0016.00
Accumulated Depreciation--------------------1.001.00
Shares Outstanding13.1%69.0061.0062.0061.0054.0053.0047.0044.0044.0038.0038.0036.0033.00--------
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations26.2%-5,512-7,466-10,289-9,360-9,522-7,264-10,670-12,156-5,709-5,478-3,684-3,163-3,319-1,623-8,129-1,992-12,077-5,513-1,772-1,970-953
  Share Based Compensation3.1%1,1151,0811,0441,1121,2031,6281,8851,9001,3096941,12578125720216617113276.0017563.00169
Cashflow From Investing-133.5%-3761,122252-7282,182-1,164-7,443-1,964-3,974-28,5299,631-24,494-493-1725,431-178-157-14143.00-308-124
Cashflow From Financing30.4%14,24210,919-20220,6431,0512,33117,3733,11311828590.0070,49991.0024,0923,4681,96711,8934,1933454,5622,361
  Buy Backs-100.0%-16.00-89.00---98.00---319---------

REKR Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenue$ 34,933,000$ 19,920,000
Cost of revenue, excluding depreciation and amortization16,499,00010,890,000
Operating expenses:  
General and administrative expenses27,038,00026,612,000
Selling and marketing expenses7,347,0008,329,000
Research and development expenses18,271,00018,616,000
Depreciation and amortization7,894,0006,422,000
Goodwill impairment034,835,000
Total operating expenses60,550,00094,814,000
Loss from continuing operations(42,116,000)(85,784,000)
Other income (expense):  
Gain on extinguishment of debt527,0000
Gain on sale of ATSE02,643,000
Interest expense, net(3,596,000)(21,000)
Other expense, net(468,000)(1,279,000)
Total other income (expense)(3,537,000)1,343,000
Loss before income taxes(45,653,000)(84,441,000)
(Provision) benefit for income taxes(32,000)987,000
Net loss from continuing operations(45,685,000)(83,454,000)
Net income from discontinued operations0339,000
Net loss$ (45,685,000)$ (83,115,000)
Loss per common share from continuing operations - basic and diluted (in dollars per share)$ (0.72)$ (1.68)
Earnings per common share discontinued operations - basic and diluted (in dollars per share)00.01
Loss per common share - basic and diluted (in dollars per share)$ (0.72)$ (1.67)
Weighted average shares outstanding  
Basic and diluted (in shares)63,168,29949,807,475

REKR Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 15,385$ 1,924
Restricted cash and cash equivalents328254
Accounts receivable (net of allowance for credit losses of $101 and $69 at December 31, 2023 and 2022, respectively)4,9553,238
Inventory3,0581,986
Note receivable, current portion340340
Other current assets1,2701,202
Current assets of discontinued operations0331
Total current assets25,3369,275
Long-term assets  
Property and equipment, net13,18816,733
Right-of-use operating lease assets, net9,5849,662
Right-of-use financing lease assets, net1,9890
Goodwill20,59320,593
Intangible assets, net17,23921,299
Note receivable, long-term482822
SAFE investment02,005
Deposits3,7403,451
Total long-term assets66,81574,565
Total assets92,15183,840
Current liabilities  
Accounts payable and accrued expenses5,1395,963
Loans payable, current portion75106
Lease liability operating, short-term1,2611,069
Lease liability financing, short-term5470
Contract liabilities3,6043,044
Other current liabilities5,6102,772
Current liabilities of discontinued operations0490
Total current liabilities17,23615,444
Long-term liabilities  
Notes payable, long-term1,0002,000
Loans payable, long-term273349
Lease liability operating, long-term13,44514,237
Lease liability financing, long-term1,0570
Contract liabilities, long-term1,4491,005
Deferred tax liability6552
Other long-term liabilities5871,416
Total long-term liabilities41,54519,059
Total liabilities58,78134,503
Commitments and contingencies (note 13)
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 December 31, 2023 and December 31, 2022, respectively. No preferred stock was issued or outstanding as of December 31, 2023 or 2022, respectively.00
Common stock, $0.0001 par value; authorized; 100,000,000 shares; issued: 69,273,334, shares at December 31, 2023 and 54,446,602 at December 31, 2022; outstanding: 69,176,826 shares at December 31, 2023 and 54,405,080 at December 31, 202275
Treasury stock - at cost, 96,508 and 41,522 shares as of December 31, 2023 and 2022, respectively(522)(417)
Additional paid-in capital232,568202,747
Accumulated deficit(198,683)(152,998)
Total stockholders’ equity33,37049,337
Total liabilities and stockholders’ equity92,15183,840
Nonrelated Party [Member]  
Current liabilities  
Notes payable, current portion1,0001,000
Nonrelated Party [Member] | The 2023 Promissory Notes [Member]  
Long-term liabilities  
Secured long term debt, net of debt discount2,9880
Nonrelated Party [Member] | The 2023 Revenue Sharing Notes [Member]  
Long-term liabilities  
Secured long term debt, net of debt discount9,5530
Related Party [Member]  
Current liabilities  
Notes payable, current portion01,000
Related Party [Member] | The 2023 Promissory Notes [Member]  
Long-term liabilities  
Secured long term debt, net of debt discount6,3510
Related Party [Member] | The 2023 Revenue Sharing Notes [Member]  
Long-term liabilities  
Secured long term debt, net of debt discount$ 4,777$ 0
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 Apr 26 2024, market cap of Rekor Systems Inc is 152.73 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 Apr 26 2024, REKR's PE ratio (Price to Earnings) is -3.34 and Price to Sales (PS) ratio is 4.37. 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.