Rekor Systems, Inc. (REKR)

Rekor Systems Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	49.03	46.03	34.93	19.92	11.58	9.23
Revenue Growth (YoY)	11.89%	31.76%	75.37%	72.09%	25.35%	68.84%
Cost of Revenue	22.58	23.34	16.5	10.89	4.55	3.52
Gross Profit	26.45	22.68	18.43	9.03	7.03	5.72
Selling, General & Admin	33.6	37.99	34.39	35.82	27.48	12.42
Research & Development	15.32	18.77	18.27	18.62	8.29	3.19
Operating Expenses	56.01	66.25	60.55	60.86	38.86	17.56
Operating Income	-29.56	-43.56	-42.12	-51.83	-31.83	-11.85
Interest Expense	-2.43	-3.01	-3.64	-0.07	-0.09	-2.5
Interest & Investment Income	0.13	0.37	0.04	0.05	0.06	0.05
Earnings From Equity Investments	-	-	-	-	-0.15	-
Currency Exchange Gain (Loss)	0.01	0.01	0.06	0.31	-	-
Other Non Operating Income (Expenses)	-0.92	-1.81	-0.52	0.02	0.05	0.01
EBT Excluding Unusual Items	-32.76	-48.01	-46.18	-51.52	-31.97	-14.29
Merger & Restructuring Charges	-0.55	-0.55	-	-	-	-
Impairment of Goodwill	-	-	-	-34.84	-	-
Gain (Loss) on Sale of Investments	-0.46	0.6	-	-	-	-
Gain (Loss) on Sale of Assets	-0.01	1.5	-	2.64	-	3.63
Asset Writedown	-10.21	-10.21	-	-	-	-
Legal Settlements	-	-	-	-1.61	-0.14	-
Other Unusual Items	-	-4.69	0.53	0.88	0.89	-3.28
Pretax Income	-43.99	-61.37	-45.65	-84.44	-31.22	-13.94
Income Tax Expense	0.05	0.05	0.03	-0.99	-3.82	0.02
Earnings From Continuing Operations	-44.04	-61.41	-45.69	-83.45	-27.4	-13.96
Earnings From Discontinued Operations	-	-	-	0.34	0.61	-0.22
Net Income	-44.04	-61.41	-45.69	-83.12	-26.78	-14.18
Preferred Dividends & Other Adjustments	-	-	-	-	0.15	1.33
Net Income to Common	-44.04	-61.41	-45.69	-83.12	-26.93	-15.51
Shares Outstanding (Basic)	111	87	63	50	41	24
Shares Outstanding (Diluted)	111	87	63	50	41	24
Shares Change (YoY)	37.80%	37.28%	26.82%	21.00%	70.15%	20.76%
EPS (Basic)	-0.40	-0.71	-0.72	-1.67	-0.65	-0.64
EPS (Diluted)	-0.40	-0.71	-0.72	-1.67	-0.65	-0.64
Free Cash Flow	-28.39	-34.15	-34.02	-43.78	-24.26	-16.1
Free Cash Flow Per Share	-0.26	-0.39	-0.54	-0.88	-0.59	-0.67
Gross Margin	53.95%	49.28%	52.77%	45.33%	60.70%	61.90%
Operating Margin	-60.29%	-94.64%	-120.56%	-260.20%	-275.02%	-128.31%
Profit Margin	-89.82%	-133.42%	-130.78%	-417.24%	-232.69%	-167.93%
Free Cash Flow Margin	-57.90%	-74.20%	-97.37%	-219.79%	-209.56%	-174.36%
EBITDA	-22.48	-34.07	-34.41	-45.76	-29.16	-10.1
EBITDA Margin	-45.85%	-74.02%	-98.49%	-229.71%	-251.90%	-109.36%
D&A For EBITDA	7.08	9.49	7.71	6.07	2.68	1.75
EBIT	-29.56	-43.56	-42.12	-51.83	-31.83	-11.85
EBIT Margin	-60.29%	-94.64%	-120.56%	-260.20%	-275.02%	-128.31%
Advertising Expenses	-	0.24	0.23	0.59	0.7	0.22

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q