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
High growth potential with excellent balance sheet.
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 +/- 14% a week.
Volatility Over Time: REKR's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.
7 Day Return
US Professional Services
1 Year Return
US Professional Services
Return vs Industry: REKR exceeded the US Professional Services industry which returned 43% over the past year.
Return vs Market: REKR exceeded the US Market which returned 52.4% over the past year.
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
1 month ago | Simply Wall StRekor Systems (NASDAQ:REKR) Shareholders Have Enjoyed A Whopping 517% Share Price Gain
2 months ago | Simply Wall StRekor Systems, Inc. (NASDAQ:REKR): Is Breakeven Near?
3 months ago | Simply Wall StIs Rekor Systems (NASDAQ:REKR) A Risky Investment?
Is Rekor Systems undervalued compared to its fair value and its price relative to the market?
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 (27x) compared to the US Professional Services industry average (3.3x).
How is Rekor Systems forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
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 (9.3% 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
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 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 (6.9%).
Return on Equity
High ROE: REKR has a negative Return on Equity (-43.82%), as it is currently unprofitable.
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.
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.
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 ($USD2.33M).
Compensation vs Earnings: Robert's compensation has increased whilst the company is unprofitable.
Experienced Management: REKR's management team is considered experienced (2 years average tenure).
Experienced Board: REKR's board of directors are considered experienced (3.5 years average tenure).
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 79.2%.
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$841.383m
- Shares outstanding: 40.80m
- Website: https://www.rekor.ai
Number of Employees
- Rekor Systems, Inc.
- 7172 Columbia Gateway Drive
- Suite 400
- United States
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/05 22:47|
|End of Day Share Price||2021/05/05 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.