Rekor Systems, Inc., through its subsidiaries, provides vehicle identification and management systems based on artificial intelligence in the United States, Canada, and internationally. More Details
+ 1 more risk
Limited growth with weak fundamentals.
Share Price & News
How has Rekor Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: REKR's share price has been volatile over the past 3 months.
7 Day Return
US Professional Services
1 Year Return
US Professional Services
Return vs Industry: REKR exceeded the US Professional Services industry which returned 16.4% over the past year.
Return vs Market: REKR exceeded the US Market which returned 19.5% over the past year.
Price Volatility Vs. Market
How volatile is Rekor Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StInvestors Who Bought Rekor Systems (NASDAQ:REKR) Shares A Year Ago Are Now Up 197%
1 month ago | Simply Wall StHow Much Is Rekor Systems, Inc. (NASDAQ:REKR) Paying Its CEO?
2 months ago | Simply Wall StWhat You Need To Know About Rekor Systems, Inc.'s (NASDAQ:REKR) Investor Composition
Is Rekor Systems undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Rekor Systems is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Rekor Systems has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
- Take a look at our analysis of REKR's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Explore potentially undervalued companies in the Commercial Services industry.
How is Rekor Systems forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: REKR is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: REKR is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: REKR is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: REKR's revenue (46.2% per year) is forecast to grow faster than the US market (10% per year).
High Growth Revenue: REKR's revenue (46.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if REKR's Return on Equity is forecast to be high in 3 years time
How has Rekor Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: REKR is currently unprofitable.
Growing Profit Margin: REKR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: REKR is unprofitable, and losses have increased over the past 5 years at a rate of 57.9% per year.
Accelerating Growth: Unable to compare REKR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: REKR is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (-1.7%).
Return on Equity
High ROE: REKR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Rekor Systems's financial position?
Financial Position Analysis
Short Term Liabilities: REKR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: REKR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: REKR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: REKR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: REKR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: REKR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 69.7% each year
What is Rekor Systems's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate REKR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate REKR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if REKR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if REKR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of REKR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Robert Berman (59 yo)
Mr. Robert Alan Berman has been Chief Executive Officer of Rekor Systems, Inc. (formerly known as Novume Solutions, Inc.) since March 16, 2016 and has been its President since October 29, 2018 and has been ...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD518.00K) is below average for companies of similar size in the US market ($USD1.27M).
Compensation vs Earnings: Robert's compensation has increased whilst the company is unprofitable.
|Executive Chairman||4.58yrs||US$518.00k||18.43% |
|CFO, Principal Financial & Accounting Officer||1.42yrs||US$350.20k||0% |
|Executive Vice President of Corporate Development||3.17yrs||US$317.95k||0% |
|Chief Operating Officer||1.42yrs||no data||0.046% |
|Chief Technology Officer||0.67yr||no data||no data|
|Chief Science Officer||1.92yrs||no data||4.82% |
|Outside General Counsel||1.42yrs||no data||no data|
|Executive Vice President of Government Relations & Corporate Communications||1.42yrs||no data||no data|
|Chief Marketing Officer||0.58yr||no data||no data|
|Chief Innovation Officer||0.75yr||no data||no data|
|Chief Executive Officer of AOC Key Solutions Inc||4.75yrs||US$288.56k||no data|
|SVP & CFO of AOC Key Solutions||no data||US$251.29k||no data|
Experienced Management: REKR's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
|Executive Chairman||4.58yrs||US$518.00k||18.43% |
|Independent Director||1.92yrs||US$51.22k||0% |
|Independent Lead Director||2.92yrs||US$103.28k||0.030% |
|Independent Director||1.33yrs||US$62.88k||0% |
|Independent Director||3.17yrs||US$63.72k||0% |
|Independent Director||4.58yrs||US$58.47k||0.24% |
Experienced Board: REKR's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: REKR insiders have bought and sold the same number of shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 62.3%.
Rekor Systems, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Rekor Systems, Inc.
- Ticker: REKR
- Exchange: NasdaqCM
- Founded: 2017
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: US$187.488m
- Shares outstanding: 32.89m
- Website: https://www.rekorsystems.com
Number of Employees
- Rekor Systems, Inc.
- 7172 Columbia Gateway Drive
- Suite 400
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|REKR.P||OTCPK (Pink Sheets LLC)||CUM CNV PFD A||US||USD||Aug 2017|
|REKR||NasdaqCM (Nasdaq Capital Market)||Yes||New Common Stock||US||USD||Aug 2017|
|38E||DB (Deutsche Boerse AG)||Yes||New Common Stock||DE||EUR||Aug 2017|
Rekor Systems, Inc., through its subsidiaries, provides vehicle identification and management systems based on artificial intelligence in the United States, Canada, and internationally. The company operate ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/20 01:10|
|End of Day Share Price||2020/10/19 00:00|
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 here.