REKR
Rekor Systems, Inc.1.6400
-0.0300-1.8%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
209.24MP/E (TTM)
-Basic EPS (TTM)
-0.42Dividend Yield
0%Recent Filings
8-K
Closes $15M unit offering
Rekor Systems closed a $15M registered direct offering on December 16, 2025, selling 8,571,428 units at $1.75 each to one institutional investor, netting ~$14M after fees. Units include common stock and warrants exercisable at $2.40, expiring in seven years. Cash bolsters working capital. Investor locks Rekor from variable rate deals while holding warrants.
8-K
Record Q3 revenue, CFO change
Rekor Systems posted record Q3 revenue of $14.2M, up 35% year-over-year, with adjusted gross margin hitting 63% on software mix shift; adjusted EBITDA loss narrowed to $1.5M amid 20% op-ex cuts. CFO Eyal Hen resigned effective November 17, 2025, succeeded by internal controller Joseph Nalepa. Leadership transition smooth, no disagreements.
10-Q
Q3 FY2025 results
Rekor Systems posted Q3 revenue of $14.2M, up 35% y/y from $10.5M yet flat q/q, fueled by perpetual license sales in Public Safety while Urban Mobility held steady; gross margins swelled to 63% from 44% on a software-heavy mix. Operating loss narrowed to $4.0M from $12.9M as G&A, R&D, and sales expenses plunged 27%, 23%, and 15% y/y via cost controls. Cash burned $20.6M YTD on operations minus $2.1M capex, leaving $3.2M plus $7.0M working capital after $22.4M from an at-market offering; Series A notes carry $14.8M at 13.25% due 2026 with no covenant breaches. ATD holdback shares settled January 2025. Shares outstanding doubled y/y, anti-diluting EPS to -$0.03 from -$0.14. Government shutdowns threaten contract awards.
8-K
Rekor Q3 revenue hits record
Rekor Systems announced preliminary Q3 2025 results on October 14, showing record revenue of $13.9 million to $14.3 million, gross margin of 61% to 65%, and Adjusted EBITDA loss narrowed to $1.6 million to $1.9 million—over 65% better than Q2 2025. This surge stems from booming demand for data-as-a-service and software, fueling operating leverage. Full results drop November 13. Trends point up.
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