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Rekor Systems

Nasdaq:REKR
Snowflake Description

Limited growth with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
REKR
Nasdaq
$49M
Market Cap
  1. Home
  2. US
  3. Commercial Services
Company description

Rekor Systems, Inc., through its subsidiary, Rekor Recognition Systems, Inc., provides artificial intelligence and machine-learning enabled automated license plate recognition (ALPR) systems. The last earnings update was 92 days ago. More info.


Add to Portfolio Compare Print
  • Rekor Systems has significant price volatility in the past 3 months.
REKR Share Price and Events
7 Day Returns
1.3%
NasdaqCM:REKR
-0.2%
US Professional Services
0.5%
US Market
1 Year Returns
220%
NasdaqCM:REKR
18.3%
US Professional Services
12.8%
US Market
REKR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Rekor Systems (REKR) 1.3% 6.7% -21.1% 220% - -
US Professional Services -0.2% -2.8% -0.8% 18.3% 47.6% 64.2%
US Market 0.5% 4.3% 8% 12.8% 38.7% 44.5%
1 Year Return vs Industry and Market
  • REKR outperformed the Professional Services industry which returned 18.3% over the past year.
  • REKR outperformed the Market in United States of America which returned 12.8% over the past year.
Price Volatility
REKR
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Rekor Systems undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Rekor Systems is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Rekor Systems has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Rekor Systems. This is due to cash flow or dividend data being unavailable. The share price is $2.4.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Rekor Systems's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Rekor Systems's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:REKR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-0.65
NasdaqCM:REKR Share Price ** NasdaqCM (2019-11-13) in USD $2.4
United States of America Professional Services Industry PE Ratio Median Figure of 38 Publicly-Listed Professional Services Companies 18.82x
United States of America Market PE Ratio Median Figure of 2,922 Publicly-Listed Companies 18.24x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Rekor Systems.

NasdaqCM:REKR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:REKR Share Price ÷ EPS (both in USD)

= 2.4 ÷ -0.65

-3.68x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rekor Systems is loss making, we can't compare its value to the US Professional Services industry average.
  • Rekor Systems is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Rekor Systems's expected growth come at a high price?
Raw Data
NasdaqCM:REKR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.68x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
United States of America Professional Services Industry PEG Ratio Median Figure of 31 Publicly-Listed Professional Services Companies 1.4x
United States of America Market PEG Ratio Median Figure of 2,023 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Rekor Systems, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Rekor Systems's assets?
Raw Data
NasdaqCM:REKR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $-0.19
NasdaqCM:REKR Share Price * NasdaqCM (2019-11-13) in USD $2.4
United States of America Professional Services Industry PB Ratio Median Figure of 62 Publicly-Listed Professional Services Companies 2.27x
United States of America Market PB Ratio Median Figure of 5,070 Publicly-Listed Companies 1.73x
NasdaqCM:REKR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:REKR Share Price ÷ Book Value per Share (both in USD)

= 2.4 ÷ -0.19

-12.94x

* Primary Listing of Rekor Systems.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rekor Systems has negative assets, we can't compare the value of its assets to the US Professional Services industry average.

Next steps:

  1. Take a look at our analysis of REKR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Rekor Systems's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Professional Services industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Rekor Systems's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. Rekor Systems has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Rekor Systems expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
35.2%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Rekor Systems expected to grow at an attractive rate?
  • Unable to compare Rekor Systems's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Rekor Systems's earnings growth to the United States of America market average as no estimate data is available.
  • Rekor Systems's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:REKR Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:REKR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 35.2%
United States of America Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 29.7%
United States of America Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 6.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:REKR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:REKR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 80 1
2019-12-31 54 1
2019-11-14
NasdaqCM:REKR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 49 -4 -12
2019-03-31 49 -4 -8
2018-12-31 49 -2 -7
2018-09-30 48 -2 -8
2018-06-30 39 -4 -8
2018-03-31 30 -2 -8
2017-12-31 22 -3 -6
2017-09-30 14 -3 -3
2017-06-30 12 0 -2
2017-03-31 12 -1 -1
2016-12-31 12 0 0
2016-09-30 12 1 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Rekor Systems is high growth as no earnings estimate data is available.
  • Rekor Systems's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:REKR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Rekor Systems Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:REKR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2019-12-31
2019-11-14
NasdaqCM:REKR Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -0.65
2019-03-31 -0.46
2018-12-31 -0.44
2018-09-30 -0.54
2018-06-30 -0.51
2018-03-31 -0.55
2017-12-31 -0.51
2017-09-30 -0.29
2017-06-30 -0.19
2017-03-31 -0.10
2016-12-31 -0.01
2016-09-30 0.10

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Rekor Systems will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Rekor Systems's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Rekor Systems has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Rekor Systems performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Rekor Systems's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Rekor Systems does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Rekor Systems's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Rekor Systems's 1-year growth to the US Professional Services industry average as it is not currently profitable.
Earnings and Revenue History
Rekor Systems's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Rekor Systems Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:REKR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 48.96 -11.55 19.08 0.19
2019-03-31 48.97 -7.52 18.12
2018-12-31 48.56 -6.82 18.83
2018-09-30 47.71 -7.84 18.73 0.12
2018-06-30 38.98 -8.36 17.53 0.12
2018-03-31 29.88 -7.80 15.81
2017-12-31 22.14 -5.95 12.98
2017-09-30 13.68 -3.03 9.54
2017-06-30 11.66 -1.73 7.64
2017-03-31 12.17 -0.86 6.37
2016-12-31 12.13 -0.04 5.26
2016-09-30 12.21 0.52 4.64
2015-12-31 9.66 0.37 3.80
2014-12-31 11.52 0.11 4.71

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Rekor Systems has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Rekor Systems has efficiently used its assets last year compared to the US Professional Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Rekor Systems improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Rekor Systems's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Rekor Systems has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Rekor Systems's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Rekor Systems's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Rekor Systems is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Rekor Systems's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Rekor Systems's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Rekor Systems Company Filings, last reported 4 months ago.

NasdaqCM:REKR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 1.82 22.53 3.10
2019-03-31 6.68 21.87 5.05
2018-12-31 8.51 5.10 2.77
2018-09-30 7.61 5.49 1.48
2018-06-30 8.12 6.19 2.10
2018-03-31 8.93 3.56 2.18
2017-12-31 10.91 5.07 1.96
2017-09-30 10.58 1.42 3.76
2017-06-30 5.52 1.37 2.92
2017-03-31 6.13 1.37 3.16
2016-12-31 3.82 0.46 2.79
2016-09-30 1.88 0.50 0.76
2015-12-31 1.53 0.00 0.57
2014-12-31 1.43 0.00 0.63
  • Rekor Systems's level of debt (1238.8%) compared to net worth is high (greater than 40%).
  • Unable to establish if Rekor Systems's debt level has increased without past 5-year debt data.
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.

  • Rekor Systems has less than a year of cash runway based on current free cash flow.
  • Rekor Systems has less than a year of cash runway if free cash flow continues to grow at historical rates of 78.7% each year.
X
Financial health checks
We assess Rekor Systems's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Rekor Systems has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Rekor Systems's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Rekor Systems dividends.
If you bought $2,000 of Rekor Systems shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Rekor Systems's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Rekor Systems's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:REKR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 19 Stocks 1.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1948 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:REKR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
2019-11-14

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Rekor Systems has not reported any payouts.
  • Unable to verify if Rekor Systems's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Rekor Systems's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Rekor Systems has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Rekor Systems's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Rekor Systems afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Rekor Systems has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Rekor Systems's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Robert Berman
COMPENSATION $395,000
AGE 58
TENURE AS CEO 3.7 years
CEO Bio

Mr. Robert Alan Berman has been Chief Executive Officer of Novume Solutions, Inc. since March 16, 2016 and has been its President since October 29, 2018. Mr. Berman serves as Chief Executive Officer of Keystone Solutions, Inc. Mr. Berman has served as the General Partner of Avon Road Partners, L.P., a limited partnership investing in real estate and the broadcast media industry since January 2000. He served as the Chief Executive Officer and President of CINIUM Financial Services Corporation from 2006 through March 2015. Mr. Berman served as Chief Executive Officer of Upper Hudson Holdings, LLC since 2005. He served as the Chief Executive Officer and President of Empire Resorts, Inc.(formerly, Alpha Hospitality Corp.) from February 2002 to May 23, 2005. From 1994 to 2000, he served as the Managing Director of Watermark Investments Limited. From 1995 to 1999, he served as Chairman and Chief Executive Officer of Hospitality Worldwide Services Inc. Mr. Berman was also instrumental in forging partnerships with institutional investors including ING and Apollo RE leading to the acquisition. He has extensive senior-level management experience and background in the horse racing industry. He has been Chairman of Global Pari-Mutuel Services, Inc. since December 2010. He served as Chairman of CINIUM Financial Services Corporation from 2006 through March 2015. Mr. Berman served as the Chairman of Upper Hudson Holdings, LLC since 2005. He served as the Chairman of Empire Resorts, Inc. until July 30, 2003 and served as its Vice Chairman from May 23, 2005 to October 12, 2005. From 1998 to 1999, he served as Vice Chairman of Executone Information Systems. He has been Director of Novume Solutions, Inc. since March 16, 2016. He has been a Director Global Pari-Mutuel Services, Inc. since September 2010. He served as a Director of Empire Resorts from February 2002 to October 12, 2005. From 1998 to 1999, he served as a Director of Executone Information Systems, Inc.

CEO Compensation
  • Robert's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Robert's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Rekor Systems management team in years:

0.8
Average Tenure
56
Average Age
  • The average tenure for the Rekor Systems management team is less than 2 years, this suggests a new team.
Management Team

Robert Berman

TITLE
CEO, President & Director
COMPENSATION
$395K
AGE
58
TENURE
3.7 yrs

Riaz Latifullah

TITLE
Executive Vice President of Corporate Development
COMPENSATION
$372K
AGE
62
TENURE
2.3 yrs

Eyal Hen

TITLE
CFO, Principal Financial & Accounting Officer
AGE
46
TENURE
0.5 yrs

Rod Hillman

TITLE
Chief Operating Officer
AGE
53
TENURE
0.5 yrs

Matt Hill

TITLE
Chief Science Officer
AGE
35
TENURE
1 yrs

Lex Eley

TITLE
Outside General Counsel
TENURE
0.5 yrs

Charles Degliomini

TITLE
Executive Vice President of Government Relations & Corporate Communications
AGE
60
TENURE
0.5 yrs

Greg McCarthy

TITLE
Chief Executive Officer of AOC Key Solutions Inc
COMPENSATION
$289K
AGE
56
TENURE
3.8 yrs

Kevin Berrigan

TITLE
SVP & CFO of AOC Key Solutions
COMPENSATION
$251K
Board of Directors Tenure

Average tenure and age of the Rekor Systems board of directors in years:

3
Average Tenure
67
Average Age
  • The average tenure for the Rekor Systems board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jim McCarthy

TITLE
Chairman & Strategic Advisor
COMPENSATION
$340K
AGE
67
TENURE
3.7 yrs

Robert Berman

TITLE
CEO, President & Director
COMPENSATION
$395K
AGE
58
TENURE
3.7 yrs

Christine Harada

TITLE
Independent Director
COMPENSATION
$50K
AGE
46
TENURE
2.3 yrs

Paul de Bary

TITLE
Lead Director
COMPENSATION
$66K
AGE
72
TENURE
2 yrs

Glenn Goord

TITLE
Independent Director
COMPENSATION
$49K
AGE
67
TENURE
3.7 yrs

Richard Nathan

TITLE
Director
COMPENSATION
$247K
AGE
74
TENURE
3.8 yrs

Dave Hanlon

TITLE
Independent Director
COMPENSATION
$38K
AGE
74
TENURE
1 yrs

Steve Croxton

TITLE
Independent Director
AGE
56
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
11. Dec 18 Sell Richard Nathan Individual 10. Dec 18 10. Dec 18 -1,593,021 $0.52 $-821,202
11. Dec 18 Sell James McCarthy Individual 10. Dec 18 10. Dec 18 -2,725,836 $0.52 $-1,405,168
10. Dec 18 Buy Glenn Goord Individual 07. Dec 18 07. Dec 18 50,000 $0.57 $28,410
21. Nov 18 Buy Paul de Bary Individual 16. Nov 18 16. Nov 18 10,000 $0.86 $8,600
26. Nov 18 Buy Avon Road Partners LP Company 16. Nov 18 16. Nov 18 22,000 $0.85 $18,625
19. Nov 18 Buy Glenn Goord Individual 16. Nov 18 16. Nov 18 30,000 $0.78 $23,295
X
Management checks
We assess Rekor Systems's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Rekor Systems has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Shareholders Are Thrilled That The Rekor Systems (NASDAQ:REKR) Share Price Increased 135%

View our latest analysis for Rekor Systems Rekor Systems isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … Rekor Systems grew its revenue by 26% last year. … The revenue growth is decent but the share price had an even better year, gaining 135%.

Simply Wall St -

Company Info

Description

Rekor Systems, Inc., through its subsidiary, Rekor Recognition Systems, Inc., provides artificial intelligence and machine-learning enabled automated license plate recognition (ALPR) systems. Its ALPR systems are powered by OpenALPR software to enhance the accuracy of license plate reads to industry-leading levels, as well as to identify the make, model, and color of vehicles. The company’s solutions include mobile license plate recognition (LPR) systems, fixed LPR systems, Move Over law enforcement, school bus stop-arm enforcement, red light and speed enforcement, parking enforcement, and citation management. Its products are used for law enforcement, security and surveillance, electronic toll collection, parking operations, banking and insurance, logistics, traffic management, and customer loyalty applications. The company was formerly known as Novume Solutions, Inc. and changed its name to Rekor Systems, Inc. in April 2019. Rekor Systems, Inc. was founded in 2017 and is based in Columbia, Maryland.

Details
Name: Rekor Systems, Inc.
REKR
Exchange: NasdaqCM
Founded: 2017
$48,648,098
20,270,041
Website: http://www.rekorsystems.com
Address: Rekor Systems, Inc.
7172 Columbia Gateway Driveway,
Suite 400,
Columbia,
Maryland, 21046,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM REKR New Common Stock Nasdaq Capital Market US USD 29. Aug 2017
DB 38E New Common Stock Deutsche Boerse AG DE EUR 29. Aug 2017
Number of employees
Current staff
Staff numbers
127
Rekor Systems employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/14 00:24
End of day share price update: 2019/11/13 00:00
Last estimates confirmation: 2019/07/01
Last earnings filing: 2019/08/14
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.