Rekor Systems, Inc.

DB:38E Stock Report

Market Cap: €109.2m

Rekor Systems Management

Management criteria checks 2/4

Rekor Systems' CEO is Robert Berman, appointed in Mar 2025, has a tenure of less than a year. total yearly compensation is $1.21M, comprised of 22.3% salary and 77.7% bonuses, including company stock and options. directly owns 2.15% of the company’s shares, worth €2.35M. The average tenure of the management team and the board of directors is 5.5 years and 6.2 years respectively.

Key information

Robert Berman

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage22.26%
CEO tenureless than a year
CEO ownership2.2%
Management average tenure5.5yrs
Board average tenure6.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Robert Berman's remuneration changed compared to Rekor Systems's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-US$54m

Dec 31 2024US$1mUS$270k

-US$61m

Sep 30 2024n/an/a

-US$52m

Jun 30 2024n/an/a

-US$50m

Mar 31 2024n/an/a

-US$52m

Dec 31 2023US$406kUS$394k

-US$46m

Sep 30 2023n/an/a

-US$42m

Jun 30 2023n/an/a

-US$79m

Mar 31 2023n/an/a

-US$83m

Dec 31 2022US$710kUS$695k

-US$83m

Sep 30 2022n/an/a

-US$84m

Jun 30 2022n/an/a

-US$45m

Mar 31 2022n/an/a

-US$35m

Dec 31 2021US$2mUS$645k

-US$28m

Sep 30 2021n/an/a

-US$23m

Jun 30 2021n/an/a

-US$21m

Mar 31 2021n/an/a

-US$17m

Dec 31 2020US$520kUS$495k

-US$15m

Sep 30 2020n/an/a

-US$16m

Jun 30 2020n/an/a

-US$12m

Mar 31 2020n/an/a

-US$15m

Dec 31 2019US$518kUS$453k

-US$14m

Sep 30 2019n/an/a

-US$12m

Jun 30 2019n/an/a

-US$9m

Mar 31 2019n/an/a

-US$7m

Dec 31 2018US$395kUS$395k

-US$7m

Compensation vs Market: Robert's total compensation ($USD1.21M) is above average for companies of similar size in the German market ($USD504.20K).

Compensation vs Earnings: Robert's compensation has increased whilst the company is unprofitable.

CEO

Robert Berman (64 yo)

less than a year
Tenure
US$1,211,870
Compensation

Mr. Robert Alan Berman has been the Interim Chief Executive Officer of Rekor Systems, Inc. since March 2025. He had been the Chief Executive Officer of Rekor Systems, Inc. (formerly known as Novume Solutio...

Leadership Team

NamePositionTenureCompensationOwnership
Robert Berman
Founderless than a yearUS$1.21m2.15%
€ 2.4m
Eyal Hen
Chief Financial Officer6.3yrsUS$634.08k0.15%
€ 164.8k
Viraj Mehta
Executive Director1.3yrsUS$237.32kno data
Christopher Kadoch
Chief Technology Officer5.5yrsno datano data
Mathew Hill
Chief Science Officer6.8yrsno datano data
Bulent Ozcan
Director of Investor Relations4.1yrsno datano data
Claud V. Eley
Outside General Counsel6.3yrsno datano data
Charles Degliomini
Executive Vice President of Government Relations & Corporate Communications6.3yrsno datano data
Debra Shakerdge-Hennessy
Chief People Officer3.7yrsno data0.049%
€ 53.7k
Riaz Latifullah
Executive Vice President of Strategic Program Development8yrsUS$355.26kno data
Scott Rutherford
Chief Innovation Officer5.6yrsno datano data
Michael Dunbar
Chief Revenue Officer4.1yrsno data0.095%
€ 103.7k
5.5yrs
Average Tenure
60.5yo
Average Age

Experienced Management: 38E's management team is seasoned and experienced (5.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Robert Berman
Founder9.4yrsUS$1.21m2.15%
€ 2.4m
Viraj Mehta
Executive Director1.3yrsUS$237.32kno data
David Hanlon
Independent Director6.8yrsUS$180.41k0.098%
€ 107.3k
Andrew Meyers
Independent Director1.6yrsUS$327.16k0.064%
€ 70.3k
Paul de Bary
Independent Lead Director8.6yrsUS$348.91k0.11%
€ 121.2k
Emani Sarma
Independent Director1.9yrsUS$176.16k0.064%
€ 70.3k
Steven Croxton
Independent Director6.2yrsUS$180.66k0.094%
€ 102.6k
Glenn Goord
Independent Director9.4yrsUS$169.16k0.18%
€ 200.5k
Timothy Davenport
Independent Director1.9yrsUS$166.16k0.064%
€ 70.3k
6.2yrs
Average Tenure
62yo
Average Age

Experienced Board: 38E's board of directors are considered experienced (6.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/07 23:28
End of Day Share Price 2025/08/07 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Rekor Systems, Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zachary CumminsB. Riley Securities, Inc.
Michael LatimoreNorthland Capital Markets
Matthew PfauWilliam Blair & Company L.L.C.