Financial Snapshot

Revenue
$43.82M
TTM
Gross Margin
49.17%
TTM
Net Earnings
-$52.38M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
75.86%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$40.33M
Q3 2024
Cash
Q3 2024
P/E
-1.528
Nov 29, 2024 EST
Free Cash Flow
-$34.37M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $34.93M $19.92M $14.29M $9.234M $5.470M $48.56M $22.14M $12.13M $9.660M $11.52M $13.43M
YoY Change 75.37% 39.36% 54.8% 68.81% -88.74% 119.33% 82.52% 25.57% -16.15% -14.22% -16.58%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $34.93M $19.92M $14.29M $9.234M $5.470M $48.56M $22.14M $12.13M $9.660M $11.52M $13.43M
Cost Of Revenue $16.50M $10.89M $6.236M $3.530M $1.650M $34.77M $13.79M $6.960M $5.500M $6.400M $7.220M
Gross Profit $18.43M $9.030M $8.058M $5.700M $3.820M $13.80M $8.340M $5.170M $4.170M $5.120M $6.220M
Gross Profit Margin 52.77% 45.33% 56.37% 61.73% 69.84% 28.42% 37.67% 42.62% 43.17% 44.44% 46.31%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Selling, General & Admin $34.39M $34.94M $27.43M $12.42M $8.950M $18.83M $12.98M $5.260M $3.800M $4.710M $5.680M
YoY Change -1.59% 27.39% 120.88% 38.75% -52.47% 45.07% 146.77% 38.42% -19.32% -17.08% -9.7%
% of Gross Profit 186.53% 386.94% 340.39% 217.86% 234.29% 136.45% 155.64% 101.74% 91.13% 91.99% 91.32%
Research & Development $18.27M $18.62M $8.292M $3.185M $1.430M
YoY Change -1.85% 124.51% 160.35% 122.73%
% of Gross Profit 99.12% 206.16% 102.9% 55.88% 37.43%
Depreciation & Amortization $7.894M $6.422M $3.552M $1.961M $1.660M $1.370M $690.0K $50.00K $70.00K $80.00K
YoY Change 22.92% 80.8% 81.13% 18.13% 21.17% 98.55% 1280.0% -28.57% -12.5%
% of Gross Profit 42.82% 71.12% 44.08% 34.4% 43.46% 9.93% 8.27% 0.97% 1.68% 1.56%
Operating Expenses $60.55M $94.81M $39.27M $17.56M $11.36M $18.83M $12.98M $5.260M $3.790M $5.000M $5.680M
YoY Change -36.14% 141.42% 123.6% 54.61% -39.67% 45.07% 146.77% 38.79% -24.2% -11.97% -9.7%
Operating Profit -$42.12M -$85.78M -$31.22M -$11.85M -$7.540M -$5.030M -$4.640M -$90.00K $380.0K $120.0K $540.0K
YoY Change -50.9% 174.82% 163.46% 57.14% 49.9% 8.41% 5055.56% -123.68% 216.67% -77.78% -61.43%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Interest Expense $3.596M $21.00K $89.00K $2.503M -$3.910M -$610.0K -$210.0K -$170.0K $0.00 $0.00 $0.00
YoY Change 17023.81% -76.4% -96.44% -164.02% 540.98% 190.48% 23.53%
% of Operating Profit 0.0% 0.0% 0.0%
Other Income/Expense, Net -$3.537M $1.343M $769.0K -$2.091M $200.0K -$30.00K -$480.0K
YoY Change -363.37% 74.64% -136.78% -1145.5% -766.67% -93.75%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Pretax Income -$45.65M -$84.44M -$30.45M -$13.94M -$12.36M -$5.670M -$5.340M -$260.0K $370.0K $110.0K $530.0K
YoY Change -45.94% 177.35% 118.42% 12.78% 117.99% 6.18% 1953.85% -170.27% 236.36% -79.25% -61.87%
Income Tax $32.00K -$987.0K -$3.819M $23.00K $50.00K $30.00K -$290.0K -$220.0K $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings -$45.69M -$83.12M -$26.78M -$14.18M -$15.88M -$5.700M -$5.040M -$40.00K $370.0K $110.0K $530.0K
YoY Change -45.03% 210.34% 88.85% -10.69% 178.6% 13.1% 12500.0% -110.81% 236.36% -79.25% -61.87%
Net Earnings / Revenue -130.78% -417.24% -187.37% -153.58% -290.31% -11.74% -22.76% -0.33% 3.83% 0.95% 3.95%
Basic Earnings Per Share -$0.72 -$1.67 -$0.66
Diluted Earnings Per Share -$0.72 -$1.68 -$650.6K -$586.2K -$792.8K -$369.9K -$428.2K -$2.872K $26.56K $7.897K $38.05K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Cash & Short-Term Investments $15.39M $1.924M $25.80M $20.60M $1.180M $2.070M $1.960M $2.790M $570.0K $630.0K
YoY Change 699.64% -92.54% 25.22% 1645.76% -43.0% 5.61% -29.75% 389.47% -9.52%
Cash & Equivalents $15.39M $1.924M $25.80M $20.60M $1.180M $2.070M $1.960M $2.790M $570.0K $630.0K
Short-Term Investments
Other Short-Term Assets $1.598M $1.787M $2.179M $880.0K $3.920M $3.410M $640.0K $80.00K $70.00K $100.0K
YoY Change -10.58% -17.99% 147.61% -77.55% 14.96% 432.81% 700.0% 14.29% -30.0%
Inventory $3.058M $1.986M $1.194M $1.260M $300.0K $70.00K $160.0K
Prepaid Expenses
Receivables $4.955M $3.238M $1.173M $1.040M $4.830M $2.980M $6.710M $2.000M $1.730M $1.630M
Other Receivables $340.0K $340.0K $340.0K $340.0K $0.00 $0.00 $1.470M $0.00 $0.00 $0.00
Total Short-Term Assets $25.34M $9.275M $30.68M $24.12M $10.23M $8.530M $10.93M $4.870M $2.380M $2.360M
YoY Change 173.16% -69.77% 27.21% 135.78% 19.93% -21.96% 124.44% 104.62% 0.85%
Property, Plant & Equipment $24.76M $26.40M $16.09M $1.470M $1.270M $1.290M $700.0K $120.0K $130.0K $150.0K
YoY Change -6.19% 64.03% 994.69% 15.75% -1.55% 84.29% 483.33% -7.69% -13.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $2.005M $1.250M $80.00K $260.0K
YoY Change -100.0% 60.4% 1462.5%
Other Assets $3.740M $3.451M $1.978M $0.00 $2.920M $4.210M $140.0K $500.0K $40.00K $40.00K
YoY Change 8.37% 74.47% -100.0% -30.64% 2907.14% -72.0% 1150.0% 0.0%
Total Long-Term Assets $66.82M $74.57M $95.20M $16.28M $18.76M $9.530M $9.670M $610.0K $170.0K $180.0K
YoY Change -10.39% -21.67% 484.75% -13.22% 96.85% -1.45% 1485.25% 258.82% -5.56%
Total Assets $92.15M $83.84M $125.9M $40.40M $28.99M $18.06M $20.60M $5.480M $2.550M $2.540M
YoY Change
Accounts Payable $5.139M $5.963M $7.087M $3.900M $4.970M $3.440M $1.390M $580.0K $420.0K $380.0K
YoY Change -13.82% -15.86% 81.72% -21.53% 44.48% 147.48% 139.66% 38.1% 10.53%
Accrued Expenses $4.085M $3.552M $229.0K $250.0K $300.0K $0.00 $3.060M $580.0K $550.0K $730.0K
YoY Change 15.01% 1451.09% -8.4% -16.67% -100.0% 427.59% 5.45% -24.66%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $1.000M $0.00 $0.00 $1.890M $570.0K $3.660M $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% 231.58% -84.43%
Long-Term Debt Due $1.622M $1.106M $1.035M $520.0K $0.00 $2.470M $0.00
YoY Change 46.65% 6.86% 99.04% -100.0%
Total Short-Term Liabilities $17.24M $15.44M $13.82M $5.920M $10.33M $8.570M $8.230M $1.150M $970.0K $1.110M
YoY Change 11.6% 11.74% 133.46% -42.69% 20.54% 4.13% 615.65% 18.56% -12.61%
Long-Term Debt $26.00M $2.349M $37.00K $1.450M $20.41M $880.0K $1.410M $460.0K $0.00 $0.00
YoY Change 1006.81% 6248.65% -97.45% -92.9% 2219.32% -37.59% 206.52%
Other Long-Term Liabilities $15.48M $16.66M $10.90M $1.150M $1.470M $100.0K $50.00K $60.00K $50.00K
YoY Change -7.07% 52.88% 847.48% -21.77% 1370.0% 100.0% -16.67% 20.0%
Total Long-Term Liabilities $41.48M $19.01M $10.93M $2.600M $21.88M $980.0K $1.460M $520.0K $50.00K $0.00
YoY Change 118.24% 73.85% 320.5% -88.12% 2132.65% -32.88% 180.77% 940.0%
Total Liabilities $58.78M $34.50M $24.79M $8.540M $32.22M $9.550M $9.690M $1.670M $1.020M $1.110M
YoY Change 70.36% 39.17% 190.3% -73.49% 237.38% -1.44% 480.24% 63.73% -8.11%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Basic Shares Outstanding 63.17M 49.81M 41.16M
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $80.042 Million

About Rekor Systems, Inc.

Rekor Systems, Inc. is a technology company, which engages in the provision of roadway intelligence and data-driven mobility insights. The company is headquartered in Columbia, Maryland and currently employs 347 full-time employees. The company went IPO on 2017-08-28. The firm delivers mission-critical traffic and engineering services. The company collects, connects and organizes mobility data, and makes it accessible and useful to its customers for real-time insights. Its comprehensive portfolio of products and services offers multiple Internet of things devices for roadside data collection, an array of curated and integrated data sets from a network of transportation ecosystem data providers, as well as platforms, applications, and data streams that have been tailored for use. Its solutions support diverse use cases, data-driven traffic operations and traffic management, real-time incident detection and response, and high-definition video traffic surveillance. Its subsidiaries include Rekor Recognition Systems, Inc., Waycare Technologies, Ltd., Southern Traffic Services, Inc. and All Traffic Data Systems.

Industry: Communications Equipment, NEC Peers: AWARE INC /MA/ Verb Technology Company, Inc. BITMINE IMMERSION TECHNOLOGIES, INC. Inuvo, Inc. Investview, Inc. Intellicheck, Inc. Salesforce, Inc. SRAX, Inc. Stronghold Digital Mining, Inc.