Rekor Systems, Inc.

NasdaqCM:REKR Stock Report

Market Cap: US$77.0m

Rekor Systems Management

Management criteria checks 4/4

Rekor Systems' CEO is David Desharnais, appointed in Jan 2022, has a tenure of 2.92 years. total yearly compensation is $803.72K, comprised of 90.2% salary and 9.8% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth $167.80K. The average tenure of the management team and the board of directors is 4.9 years and 5.5 years respectively.

Key information

David Desharnais

Chief executive officer

US$803.7k

Total compensation

CEO salary percentage90.2%
CEO tenure2.9yrs
CEO ownership0.2%
Management average tenure4.9yrs
Board average tenure5.5yrs

Recent management updates

Recent updates

News Flash: 2 Analysts Think Rekor Systems, Inc. (NASDAQ:REKR) Earnings Are Under Threat

Nov 20
News Flash: 2 Analysts Think Rekor Systems, Inc. (NASDAQ:REKR) Earnings Are Under Threat

Positive Sentiment Still Eludes Rekor Systems, Inc. (NASDAQ:REKR) Following 30% Share Price Slump

Nov 19
Positive Sentiment Still Eludes Rekor Systems, Inc. (NASDAQ:REKR) Following 30% Share Price Slump

Rekor Systems: Cash Position Is Challenging, And Stock Dilution Is Probable

Oct 22

Take Care Before Jumping Onto Rekor Systems, Inc. (NASDAQ:REKR) Even Though It's 25% Cheaper

Aug 26
Take Care Before Jumping Onto Rekor Systems, Inc. (NASDAQ:REKR) Even Though It's 25% Cheaper

Here's Why Rekor Systems (NASDAQ:REKR) Can Afford Some Debt

Aug 06
Here's Why Rekor Systems (NASDAQ:REKR) Can Afford Some Debt

Investors Aren't Entirely Convinced By Rekor Systems, Inc.'s (NASDAQ:REKR) Revenues

Jul 12
Investors Aren't Entirely Convinced By Rekor Systems, Inc.'s (NASDAQ:REKR) Revenues

Downgrade: Here's How Analysts See Rekor Systems, Inc. (NASDAQ:REKR) Performing In The Near Term

May 21
Downgrade: Here's How Analysts See Rekor Systems, Inc. (NASDAQ:REKR) Performing In The Near Term

Why We're Not Concerned Yet About Rekor Systems, Inc.'s (NASDAQ:REKR) 25% Share Price Plunge

Mar 06
Why We're Not Concerned Yet About Rekor Systems, Inc.'s (NASDAQ:REKR) 25% Share Price Plunge

Rekor Systems, Inc.'s (NASDAQ:REKR) P/S Is Still On The Mark Following 35% Share Price Bounce

Jan 09
Rekor Systems, Inc.'s (NASDAQ:REKR) P/S Is Still On The Mark Following 35% Share Price Bounce

Is Rekor Systems (NASDAQ:REKR) Using Too Much Debt?

Oct 11
Is Rekor Systems (NASDAQ:REKR) Using Too Much Debt?

Is Rekor Systems (NASDAQ:REKR) Weighed On By Its Debt Load?

Jun 25
Is Rekor Systems (NASDAQ:REKR) Weighed On By Its Debt Load?

Rekor Systems (NASDAQ:REKR) Has Debt But No Earnings; Should You Worry?

Jan 12
Rekor Systems (NASDAQ:REKR) Has Debt But No Earnings; Should You Worry?

Rekor Systems COO Rodney Hillman to depart, David Desharnais to succeed

Sep 28

Rekor Systems Aims For Revenue Growth But Operating Losses Remain High

Sep 02

Rekor Systems GAAP EPS of -$0.33 misses by $0.07, revenue of $4.33M beats by $0.52M

Aug 11

Rekor Systems stock gains on multimillion dollar contract from Florida DOT

Jul 26

CEO Compensation Analysis

How has David Desharnais's remuneration changed compared to Rekor Systems's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$52m

Jun 30 2024n/an/a

-US$50m

Mar 31 2024n/an/a

-US$52m

Dec 31 2023US$804kUS$725k

-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$3mUS$729k

-US$83m

Compensation vs Market: David's total compensation ($USD803.72K) is about average for companies of similar size in the US market ($USD653.16K).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.

CEO

David Desharnais (52 yo)

2.9yrs

Tenure

US$803,723

Compensation

Mr. David Philip Desharnais has been President at Rekor Systems, Inc. from January 03, 2022 and serves as its Chief Operating Officer from September 30, 2022 and serves as its Chief Executive Officer since...

Leadership Team

NamePositionTenureCompensationOwnership
Robert Berman
Founder & Executive Chairman8.8yrsUS$405.83k3.62%
$ 2.8m
David Desharnais
President2.9yrsUS$803.72k0.22%
$ 167.8k
Eyal Hen
Chief Financial Officer5.6yrsUS$485.14k0.088%
$ 67.6k
Christopher Kadoch
Chief Technology Officer4.8yrsno datano data
Mathew Hill
Chief Science Officer6.1yrsno datano data
Bulent Ozcan
Director of Investor Relations3.4yrsno datano data
Claud V. Eley
Outside General Counsel5.6yrsno datano data
Charles Degliomini
Executive Vice President of Government Relations & Corporate Communications5.6yrsno datano data
Debra Shakerdge-Hennessy
Chief People Officer3yrsno data0.020%
$ 15.3k
Riaz Latifullah
Executive Vice President of Strategic Program Development7.3yrsUS$355.26kno data
Scott Rutherford
Chief Innovation Officer4.9yrsno datano data
Michael Dunbar
Chief Revenue Officer3.4yrsno data0.055%
$ 42.4k

4.9yrs

Average Tenure

59.5yo

Average Age

Experienced Management: REKR's management team is considered experienced (4.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Robert Berman
Founder & Executive Chairman8.8yrsUS$405.83k3.62%
$ 2.8m
Viraj Mehta
Executive Directorless than a yearno datano data
David Hanlon
Independent Director6.1yrsUS$99.58k0.096%
$ 73.7k
Andrew Meyers
Independent Directorless than a yearno datano data
Paul de Bary
Independent Lead Director7.9yrsUS$133.33k0.11%
$ 86.0k
Emani Sarma
Independent Director1.3yrsUS$196.00k0.053%
$ 41.0k
Steven Croxton
Independent Director5.5yrsUS$93.33k0.090%
$ 69.6k
Glenn Goord
Independent Director8.8yrsUS$98.83k0.20%
$ 156.3k
Timothy Davenport
Independent Director1.3yrsUS$196.50k0.053%
$ 41.0k

5.5yrs

Average Tenure

62yo

Average Age

Experienced Board: REKR's board of directors are considered experienced (5.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:41
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

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.