Rekor Systems, Inc.
NASDAQ•REKR
CEO: Mr. Robert Alan Berman
Sector: Technology
Industry: Software - Infrastructure
Listing Date: 2017-08-29
Rekor Systems, Inc., a technology company, provides infrastructure solutions for transportation, public safety, and urban mobility markets in the United States and internationally. The company's platforms include Rekor One, an AI-powered roadway intelligence platform; Rekor Command, a comprehensive cross-agency platform that offers various applications for traffic management centers, freeway service patrol, first responders, and maintenance crews; Rekor Discover, a platform that ingests data from its hardware and automates comprehensive analytics and actionable insights about the movement of objects across the roadway; and Rekor Scout platform, which automates previously manual processes with collaborative solutions that keep all stakeholders apprised of developing situations and accelerate reaction times to incidents and offenders. It also offers Rekor AutoNotice, a cloud-based financial management application that delivers a turnkey information and citation management solution for cities, states, and municipalities for primary and secondary offenses; and Rekor CarCheck, which allows its AI based vehicle and license plate recognition technology to be accessed for a range of commercial applications. In addition, the company offers Rekor Edge Max System, a fixed traffic data collection system that captures and transforms roadway data into holistic traffic insights; Rekor Edge Pro, a vehicle recognition solution that is used on a standalone basis or integrated into a network; and Rekor Edge Flex, a portable data collection system. Further, it provides traffic services, including traditional traffic studies, which delivers data and insights for planning and management of roadway infrastructure and commercial initiatives; innovative AI-driven traffic studies for traffic management; and traffic engineering services. Rekor Systems, Inc. has strategic partnership with SoundThinking, Inc. to develop end-to-end public safety solution. The company was incorporated in 2017 and is headquartered in Columbia, Maryland.
Contact Information
Market Cap
$115.64M
P/E (TTM)
-2.4
40.4
Dividend Yield
--
52W High
$3.42
52W Low
$0.62
52W Range
Rank65Top 96.0%
1.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 1.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2025 Data
Revenue
$14.19M+34.59%
4-Quarter Trend
EPS
-$0.03-78.57%
4-Quarter Trend
FCF
-$6.27M-37.20%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Revenue Increased Nine Months Nine months revenue reached $35.75M, showing 9% growth, primarily due to higher perpetual license sales in Q3 2025.
Net Loss Significantly Narrows Nine months net loss narrowed to $(23.68M)$, reflecting a substantial 42% reduction from the prior year period.
Gross Margin Improves Substantially Adjusted Gross Margin improved to 54.7%, up 6.5 points, driven by a favorable mix of software versus service sales.
Operating Cash Use Reduced Net cash used in operating activities improved 25% to $(20.58M)$ for the nine months ended September 30, 2025.
Risk Factors
Going Concern Doubt Raised Existing cash is insufficient to fund current operations, raising substantial doubt about continuing as a going concern for twelve months.
Active Litigation Exposure Active breach of contract lawsuit filed by H.C. Wainwright & Co., LLC seeking damages and warrant consideration remains pending appeal.
Supply Chain Tariff Risks Dependence on international suppliers for AI hardware components faces risk from increased component costs due to U.S. tariffs.
Personnel Retention Challenges Success depends on retaining qualified senior management and key specialists; departures could adversely affect operating results.
Outlook
Focus on Recurring Revenue Strategy emphasizes long-term contracts to secure predictable recurring revenue growth in future operating periods, aiming for 5% growth.
Capitalize on Infrastructure Spending Positioning to access significant federal funding streams from IIJA/BIL for expanding roadway intelligence technology adoption across agencies.
Future Revenue Recognition Expect to recognize approximately $13.16M of remaining performance obligations revenue over the succeeding twelve months (86% of balance).
Liquidity Monitoring Continues Continuously reviewing and exploring external financing options to sustain operations through the look-forward period despite current cash levels.
Peer Comparison
Revenue (TTM)
$3.85B
$2.69B
$743.30M
Gross Margin (Latest Quarter)
74.4%
63.4%
56.3%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| OCFT | $8.60B | -2.9 | -25.5% | 0.6% |
| FRGE | $623.01M | -9.6 | -29.8% | 1.8% |
| RXT | $599.24M | -2.7 | 19.6% | 17.3% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
2.3%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Deep Research
Next earnings:Mar 30, 2026
EPS:-$0.04
|Revenue:$14.56M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data