See more : Vivanta Industries Limited (VIVANTA.BO) Income Statement Analysis – Financial Results
Complete financial analysis of Rekor Systems Inc (REKRW) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Rekor Systems Inc, a leading company in the industry within the sector.
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Rekor Systems Inc (REKRW)
Industry: Information Technology Services
Sector: Technology
About Rekor Systems Inc
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 extensive traffic engineering services. The company was incorporated in 2017 and is headquartered in Columbia, Maryland.
| Metric | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 19.92M | 14.29M | 9.23M | 19.32M | 48.56M | 22.14M | 12.13M |
| Cost of Revenue | 10.89M | 6.24M | 3.53M | 9.06M | 34.77M | 13.79M | 6.96M |
| Gross Profit | 9.03M | 8.06M | 5.70M | 10.26M | 13.80M | 8.34M | 5.17M |
| Gross Profit Ratio | 45.33% | 56.37% | 61.74% | 53.12% | 28.41% | 37.69% | 42.62% |
| Research & Development | 18.62M | 8.29M | 3.19M | 1.43M | 0.00 | 0.00 | 0.00 |
| General & Administrative | 26.61M | 22.96M | 12.12M | 14.15M | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 8.33M | 4.47M | 2.25M | 2.22M | 0.00 | 0.00 | 0.00 |
| SG&A | 34.94M | 27.43M | 14.36M | 16.37M | 18.83M | 12.98M | 5.26M |
| Other Expenses | 6.42M | 3.55M | 62.00K | -20.00K | -28.17K | -483.91K | 0.00 |
| Operating Expenses | 59.98M | 39.27M | 17.55M | 17.80M | 18.83M | 12.98M | 5.26M |
| Cost & Expenses | 70.87M | 45.51M | 21.08M | 26.86M | 53.60M | 26.77M | 12.22M |
| Interest Income | 51.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 21.00K | 89.00K | 2.50M | 4.10M | 609.46K | 213.49K | 165.08K |
| Depreciation & Amortization | 5.14M | 3.52M | 62.00K | 1.85M | 1.37M | 688.96K | 51.87K |
| EBITDA | -45.81M | -27.69M | -11.79M | -5.69M | -3.70M | -4.43M | -42.01K |
| EBITDA Ratio | -229.95% | -193.72% | -127.64% | -29.47% | -7.62% | -20.03% | -0.35% |
| Operating Income | -50.95M | -31.22M | -11.85M | -7.54M | -5.04M | -4.64M | -93.88K |
| Operating Income Ratio | -255.77% | -218.38% | -128.31% | -39.03% | -10.37% | -20.95% | -0.77% |
| Total Other Income/Expenses | -33.49M | 769.00K | -2.09M | -6.83M | -637.63K | -697.40K | -165.08K |
| Income Before Tax | -84.44M | -30.45M | -13.94M | -14.37M | -5.67M | -5.34M | -258.96K |
| Income Before Tax Ratio | -423.90% | -213.00% | -150.95% | -74.35% | -11.68% | -24.10% | -2.14% |
| Income Tax Expense | -987.00K | -3.82M | 23.00K | 47.00K | 29.25K | -294.67K | -219.97K |
| Net Income | -83.45M | -26.63M | -13.96M | -14.41M | -5.70M | -5.04M | -38.98K |
| Net Income Ratio | -418.95% | -186.28% | -151.20% | -74.60% | -11.74% | -22.77% | -0.32% |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | -0.14 | 0.00 | 0.00 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 | -0.14 | 0.00 | 0.00 |
| Weighted Avg Shares Out | 0.00 | 0.00 | 0.00 | 0.00 | 41.16M | 0.00 | 0.00 |
| Weighted Avg Shares Out (Dil) | 0.00 | 0.00 | 0.00 | 0.00 | 41.16M | 0.00 | 0.00 |
Source: https://incomestatements.info
Category: Stock Reports