REKR Stock - Rekor Systems, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $46.03M | $34.93M | $19.92M | $11.57M | $9.23M |
| Gross Profit | $22.68M | $18.43M | $9.03M | $7.03M | $5.72M |
| Gross Margin | 49.3% | 52.8% | 45.3% | 60.7% | 61.9% |
| Operating Income | $-54,323,000 | $-42,116,000 | $-85,784,000 | $-31,834,000 | $-11,848,000 |
| Net Income | $-61,410,000 | $-45,685,000 | $-83,115,000 | $-26,782,000 | $-14,182,000 |
| Net Margin | -133.4% | -130.8% | -417.2% | -231.4% | -153.6% |
| EPS | $-0.71 | $-0.72 | $-1.68 | $-0.65 | $-0.64 |
Rekor Systems, Inc., through its subsidiaries, develops and implements transformative mission-critical intelligent infrastructure solutions and services for transportation management, public safety, and commercial markets in the United States, Canada, and internationally. It offers Rekor One Traffic Management solutions, including software modules for roadway monitoring and response, an incident detection and management solution; traffic and infrastructure analytics to capture data for roadway and infrastructure analytics and planning; and live and archival traffic view for situational awareness of what is happening on roadways. The company also provides Rekor One Public Safety solutions comprising contactless compliance application that delivers a turnkey information and citation management solution to cities, states, and municipalities for primary and secondary offenses; Rekor scout that offers accurate license plate and vehicle recognition on any IP, traffic, or security camera, and can be subscribed to separately for use with existing camera or sensor systems; and Rekor blue, a smartphone app that retrieves accurate vehicle license plate number and state of registration, and automatically organizes information by sessions, capturing date, location, and timestamp for law enforcement. In addition, it offers Rekor CarCheck, an API of its vehicle recognition technology to respond with accurate license plate data, vehicle make, model, body type, and color for commercial applications; and AutoNotice, a cloud-based financial management application to record payments in the system and provide functionality to research, manage unapplied payments, and reconcile receipts. Further, the company provides hardware products, which includes Rekor Edge Series, a family of mountable vehicle recognition systems that seamlessly capture and process vehicle data. Rekor Systems, Inc. was founded in 2017 and is headquartered in Columbia, Maryland.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| March 4th 2024 | William Blair | Initiation | Outperform | - |
Earnings History & Surprises
REKREPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2026 | Mar 30, 2026 | $-0.04 | — | — | — |
Q4 2025 | Nov 13, 2025 | $-0.05 | $-0.03 | +40.0% | ✓ BEAT |
Q3 2025 | Aug 12, 2025 | $-0.06 | $-0.07 | -16.7% | ✗ MISS |
Q2 2025 | May 14, 2025 | $-0.08 | $-0.10 | -25.0% | ✗ MISS |
Q1 2025 | Mar 31, 2025 | $-0.09 | $-0.22 | -144.4% | ✗ MISS |
Q4 2024 | Nov 14, 2024 | $-0.08 | $-0.14 | -75.0% | ✗ MISS |
Q3 2024 | Aug 14, 2024 | $-0.13 | $-0.12 | +7.7% | ✓ BEAT |
Q2 2024 | May 15, 2024 | $-0.11 | $-0.23 | -109.1% | ✗ MISS |
Q1 2024 | Mar 25, 2024 | $-0.11 | $-0.16 | -45.5% | ✗ MISS |
Q4 2023 | Nov 14, 2023 | $-0.15 | $-0.16 | -6.7% | ✗ MISS |
Q3 2023 | Aug 14, 2023 | $-0.16 | $-0.18 | -12.5% | ✗ MISS |
Q2 2023 | May 15, 2023 | $-0.20 | $-0.23 | -15.0% | ✗ MISS |
Q1 2023 | Mar 27, 2023 | $-0.19 | $-0.13 | +31.6% | ✓ BEAT |
Q4 2022 | Nov 14, 2022 | $-0.27 | $-0.90 | -233.3% | ✗ MISS |
Q3 2022 | Aug 11, 2022 | $-0.26 | $-0.33 | -26.9% | ✗ MISS |
Q2 2022 | May 16, 2022 | $-0.23 | $-0.26 | -13.0% | ✗ MISS |
Q1 2022 | Mar 31, 2022 | $-0.21 | $-0.13 | +38.1% | ✓ BEAT |
Q4 2021 | Nov 15, 2021 | $-0.13 | $-0.23 | -76.9% | ✗ MISS |
Q3 2021 | Aug 16, 2021 | $-0.11 | $-0.12 | -9.1% | ✗ MISS |
Q2 2021 | May 10, 2021 | $-0.07 | $-0.11 | -57.1% | ✗ MISS |
Latest News
Rekor Systems Prices $15M Stock Offering Of 8.57M Shares At $1.75/Share With Warrants to Fund Growth Plans
➖ NeutralRekor Systems Announced That It Has Developed A Technology Framework To Protect Personal Privacy In Connection With The Use Of Vehicle Recognition Data, Including Data Generated Through Automated License Plate Recognition
📈 PositiveREKR stock has given up its prior gain. Rekor Systems shares were trading higher after the company reported better-than-expected Q3 financial results.
➖ NeutralRekor Systems shares are trading higher after the company reported better-than-expected Q3 financial results.
📈 PositiveRekor Systems Q3 EPS $(0.03) Beats $(0.05) Estimate, Sales $14.194M Beat $13.200M Estimate
📈 PositiveRekor Systems Announces New Product To Combat Deepfake Concerns
📈 PositiveRekor Systems Projects Record Q3 Revenue Between $13.9M and $14.3M on Strong DaaS and Software Demand
📈 PositiveRekor Systems Announces Early Rekor Discover Deployments With Caltrans And Texas DOT, Building On Georgia DOT Award With $100 Million Potential
📈 PositiveRekor Systems shares are trading higher after the company secured a statewide GDOT contract to deploy AI-powered roadway intelligence across Georgia.
📈 PositiveRekor Systems lands statewide contract with Georgia DOT; shares up 20%
📈 PositiveRekor Systems Secures Statewide GDOT Contract To Deploy AI-Powered Roadway Intelligence Across Georgia
📈 PositiveRekor Systems gains 20% after winning statewide Texas DOT contract
📈 PositiveFrequently Asked Questions about REKR
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