Rekor Systems Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	34.93	19.92	11.58	9.23	5.47	20.05	22.14	12.13	2.81
Revenue Growth (YoY)	75.37%	72.10%	25.35%	68.84%	-72.73%	-9.40%	82.51%	331.32%	-
Cost of Revenue	16.5	10.89	4.55	3.52	1.65	9.98	13.79	6.96	0.8
Gross Profit	18.43	9.03	7.03	5.72	3.82	10.08	8.34	5.17	2.01
Selling, General & Admin	34.39	34.94	27.48	12.42	9.92	15.07	12.98	5.26	2.84
Research & Development	18.27	18.62	8.29	3.19	1.43	0.13	0	0	0
Other Operating Expenses	7.89	41.26	3.09	1.96	0	0	0	0	0
Operating Expenses	60.55	94.81	38.86	17.56	11.35	15.2	12.98	5.26	2.84
Operating Income	-42.12	-85.78	-31.83	-11.85	-7.53	-5.12	-4.64	-0.09	-0.83
Interest Expense / Income	3.6	0.02	0.03	2.5	3.91	0.49	0.21	0.17	0.46
Other Expense / Income	-0.06	-1.7	-1.26	-0.19	4.39	0.06	0.48	-	-0.53
Pretax Income	-45.65	-84.1	-30.6	-14.16	-15.84	-5.67	-5.34	-0.26	-0.76
Income Tax	0.03	-0.99	-3.82	0.02	0.05	0.03	-0.29	-0.22	-0.39
Net Income	-45.69	-83.12	-26.78	-14.18	-15.88	-5.7	-5.04	-0.04	-0.37
Shares Outstanding (Basic)	63	50	41	24	20	15	12	8	45
Shares Outstanding (Diluted)	63	50	41	24	20	15	12	8	52
Shares Change	26.82%	21.00%	70.15%	20.76%	30.01%	30.95%	53.23%	-85.29%	-
EPS (Basic)	-0.72	-1.67	-0.66	-0.64	-0.85	-0.44	-0.51	-0.01	-0.01
EPS (Diluted)	-0.72	-1.67	-0.66	-0.64	-0.85	-0.44	-0.51	-0.01	-0.01
Free Cash Flow	-33.84	-43.78	-24.26	-16.1	-22.13	-3.05	-3.46	-0.17	-0.95
Free Cash Flow Per Share	-0.54	-0.88	-0.59	-0.67	-1.10	-0.20	-0.29	-0.02	-0.02
Gross Margin	52.77%	45.33%	60.70%	61.90%	69.79%	50.24%	37.69%	42.62%	71.40%
Operating Margin	-120.56%	-430.64%	-275.02%	-128.31%	-137.76%	-25.55%	-20.95%	-0.77%	-29.67%
Profit Margin	-130.78%	-417.24%	-231.38%	-153.58%	-290.44%	-28.44%	-22.77%	-0.32%	-13.20%
Free Cash Flow Margin	-96.87%	-219.79%	-209.56%	-174.36%	-404.64%	-15.23%	-15.62%	-1.43%	-33.61%
EBITDA	-33.44	-77.3	-27.2	-9.7	-10.55	-4.14	-4.43	-0.04	-0.15
EBITDA Margin	-95.71%	-388.04%	-234.95%	-104.99%	-192.92%	-20.62%	-20.03%	-0.35%	-5.39%
Depreciation & Amortization	8.62	6.78	3.38	1.96	1.38	1.05	0.69	0.05	0.15
EBIT	-42.06	-84.08	-30.57	-11.66	-11.93	-5.18	-5.12	-0.09	-0.3
EBIT Margin	-120.39%	-422.09%	-264.14%	-126.23%	-218.10%	-25.84%	-23.14%	-0.77%	-10.70%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).