Rekor Systems, Inc. (REKR)

From the record

Rekor Systems, Inc.'s filings since 2017 show 11 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 5 times, the latest 2026-10-27); a warning not to rely on past financial statements (8-K item 4.02, the latest 2018-01-25); an auditor change (8-K item 4.01, 3 times, the latest 2025-04-22); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2019-03-29) (its current reports).

From the record

Rekor Systems, Inc.'s 8 filed years say what it did: revenue went from $20 million in fiscal 2018 to $48 million in fiscal 2025, up 13.4% a year; it rose in 5 of 7 years; the deepest fall was 54% from fiscal 2018 to fiscal 2020; net income was positive in 0 of 8 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Rekor Systems, Inc. lost about 73 cents for every dollar of shareholders' money. Leverage: it owed about 50 cents per dollar of assets, and net share issuance: its share count grew 38.0% over the year (the filed statements).

From the record

Rekor Systems, Inc.'s standing among 12 graded names in its industry family: revenue of $48 million in fiscal 2025 ranks in the bottom 46% by size; a net margin of -64.9% ranks in the bottom 38%; revenue growth of 34.5% a year over the last 3 filed years ranks in the top 12% (its annual reports).

From the record

Rekor Systems, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Berman, Robert Alan (CEO and Executive Chairman, as filed), filing under that title since 2026-04-28, 7 months (bottom 19% of its family); the 5 officers and directors filing in the last fifteen months have been on the record a median of 7.5 years (top 21%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 5 people in charge now (bottom 6%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Rekor Systems, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $17 million against debt of $15 million leaves 1.8% of its assets as net cash, bottom 29% of its family; cash from operations less capital spending is -47.3% of revenue (bottom 29%); research spending of 30.1% of revenue (top 29%) (its annual report).

From the record

Rekor Systems, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 34.5% a year over the last three filed years against 13.4% over all 8, speeding up (top 4% of its family); the newest year grew 5.3% (top 46%); research spending grew -7.8% a year (bottom 13%); capital spending grew -5.4% a year (bottom 38%) (its annual reports). Rekor Systems, Inc. reported 3 product lines in fiscal 2025: Urban Mobility at $29 million (61%), Public Safety at $17 million (36%), Traffic Management at $2 million (4%); 2 of 3 grew against the year before (its annual report).

From the record

Rekor Systems, Inc.'s newest year against its own record: revenue of $48 million in fiscal 2025 came in 30.7% below the $70 million its prior three years' pace pointed to (bottom 21% of its family); net income of $31 million against a prior three-year average of $63 million (top 37%); a net margin of -64.9% against losses larger than its revenue before (top 4%) (its annual reports).