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Market Cap

US$771.6m

Last Updated

2021/05/08 23:16 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

High growth potential with excellent balance sheet.


Similar Companies

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 is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: REKR's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

-19.4%

REKR

0.01%

US Professional Services

-0.3%

US Market


1 Year Return

355.7%

REKR

40.9%

US Professional Services

50.2%

US Market

Return vs Industry: REKR exceeded the US Professional Services industry which returned 40.9% over the past year.

Return vs Market: REKR exceeded the US Market which returned 50.2% over the past year.


Shareholder returns

REKRIndustryMarket
7 Day-19.4%0.01%-0.3%
30 Day-18.7%6.0%2.2%
90 Day17.9%8.5%3.8%
1 Year355.7%355.7%42.0%40.9%52.7%50.2%
3 Year656.4%656.4%67.8%63.2%63.4%53.1%
5 Yearn/a146.0%129.2%129.6%104.0%

Long-Term 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

Valuation

Is Rekor Systems undervalued compared to its fair value and its price relative to the market?

24.78x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate REKR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate REKR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: REKR is unprofitable, so we can't compare its PE Ratio to the US Professional Services industry average.

PE vs Market: REKR is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate REKR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: REKR is overvalued based on its PB Ratio (24.8x) compared to the US Professional Services industry average (3.2x).


Future Growth

How is Rekor Systems forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

93.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: REKR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: REKR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: REKR's is expected to become profitable in the next 3 years.

Revenue vs Market: REKR's revenue (59.1% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: REKR's revenue (59.1% 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


Past Performance

How has Rekor Systems performed over the past 5 years?

-50.1%

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 50.1% 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 (11%).


Return on Equity

High ROE: REKR has a negative Return on Equity (-43.82%), as it is currently unprofitable.


Financial Health

How is Rekor Systems's financial position?


Financial Position Analysis

Short Term Liabilities: REKR's short term assets ($24.1M) exceed its short term liabilities ($5.9M).

Long Term Liabilities: REKR's short term assets ($24.1M) exceed its long term liabilities ($2.6M).


Debt to Equity History and Analysis

Debt Level: REKR's debt to equity ratio (6.2%) is considered satisfactory.

Reducing Debt: REKR's debt to equity ratio has increased from 0.2% to 6.2% over the past 5 years.


Balance Sheet


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 sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: REKR has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 59.7% each year.


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Robert Berman (59 yo)

5.17yrs

Tenure

US$518,004

Compensation

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 ($USD518.00K) is below average for companies of similar size in the US market ($USD2.36M).

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


Leadership Team

Experienced Management: REKR's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: REKR's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 79.2%.


Top Shareholders

Company Information

Rekor Systems, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Rekor Systems, Inc.
  • Ticker: REKR
  • Exchange: NasdaqCM
  • Founded: 2017
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: US$771.608m
  • Shares outstanding: 40.80m
  • Website: https://www.rekor.ai

Number of Employees


Location

  • Rekor Systems, Inc.
  • 7172 Columbia Gateway Drive
  • Suite 400
  • Columbia
  • Maryland
  • 21046
  • United States

Listings


Biography

Rekor Systems, Inc., through its subsidiaries, provides vehicle identification and management systems based on artificial intelligence in the United States, Canada, and internationally. It offers OpenALPR ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/08 23:16
End of Day Share Price2021/05/07 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.