Rekor Systems, Inc.

NasdaqCM:REKR Stock Report

Market Cap: US$103.1m

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 2.29% of the company’s shares, worth $2.36M. The average tenure of the management team and the board of directors is 5.2 years and 5.8 years respectively.

Key information

Robert Berman

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage22.3%
CEO tenureless than a year
CEO ownership2.3%
Management average tenure5.2yrs
Board average tenure5.8yrs

Recent management updates

Recent updates

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AWS And NVIDIA Partnerships Will Ensure Reliable AI Platforms

Apr 04 Rekor's strategy shift to a stable revenue base and strategic partnerships is reducing dependency on uncertain contracts and enhancing market presence.

Rekor Systems: Road Management AI With Short Runway, But Promising Growth Prospects

Mar 20

A Piece Of The Puzzle Missing From Rekor Systems, Inc.'s (NASDAQ:REKR) 36% Share Price Climb

Feb 19
A Piece Of The Puzzle Missing From Rekor Systems, Inc.'s (NASDAQ:REKR) 36% Share Price Climb

Further Upside For Rekor Systems, Inc. (NASDAQ:REKR) Shares Could Introduce Price Risks After 108% Bounce

Jan 03
Further Upside For Rekor Systems, Inc. (NASDAQ:REKR) Shares Could Introduce Price Risks After 108% Bounce

Is Rekor Systems (NASDAQ:REKR) A Risky Investment?

Dec 26
Is Rekor Systems (NASDAQ:REKR) A Risky Investment?

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?

CEO Compensation Analysis

How has Robert Berman's remuneration changed compared to Rekor Systems's earnings?
DateTotal CompensationSalaryCompany Earnings
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 ($USD1.21M) is above average for companies of similar size in the US market ($USD658.11K).

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

CEO

Robert Berman (63 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$1.21m2.29%
$ 2.4m
Eyal Hen
Chief Financial Officer5.9yrsUS$634.08k0.16%
$ 165.2k
Viraj Mehta
Executive Directorless than a yearUS$237.32kno data
Christopher Kadoch
Chief Technology Officer5.2yrsno datano data
Mathew Hill
Chief Science Officer6.4yrsno datano data
Bulent Ozcan
Director of Investor Relations3.8yrsno datano data
Claud V. Eley
Outside General Counsel5.9yrsno datano data
Charles Degliomini
Executive Vice President of Government Relations & Corporate Communications5.9yrsno datano data
Debra Shakerdge-Hennessy
Chief People Officer3.3yrsno data0.055%
$ 56.9k
Riaz Latifullah
Executive Vice President of Strategic Program Development7.7yrsUS$355.26kno data
Scott Rutherford
Chief Innovation Officer5.3yrsno datano data
Michael Dunbar
Chief Revenue Officer3.8yrsno data0.10%
$ 104.0k

5.2yrs

Average Tenure

59.5yo

Average Age

Experienced Management: REKR's management team is seasoned and experienced (5.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Robert Berman
Founder9.1yrsUS$1.21m2.29%
$ 2.4m
Viraj Mehta
Executive Directorless than a yearUS$237.32kno data
David Hanlon
Independent Director6.4yrsUS$180.41k0.10%
$ 107.5k
Andrew Meyers
Independent Director1.3yrsUS$327.16k0.068%
$ 70.5k
Paul de Bary
Independent Lead Director8.3yrsUS$348.91k0.12%
$ 121.5k
Emani Sarma
Independent Director1.6yrsUS$176.16k0.068%
$ 70.5k
Steven Croxton
Independent Director5.8yrsUS$180.66k0.10%
$ 102.9k
Glenn Goord
Independent Director9.1yrsUS$169.16k0.20%
$ 201.1k
Timothy Davenport
Independent Director1.6yrsUS$166.16k0.068%
$ 70.5k

5.8yrs

Average Tenure

61yo

Average Age

Experienced Board: REKR's board of directors are considered experienced (5.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/25 10:48
End of Day Share Price 2025/04/25 00:00
Earnings2024/12/31
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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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.