Rekor Systems, Inc. Income Statement
REKR|4 years of annual SEC 10-K data (FY2017-FY2020)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 4 fiscal years. All figures from audited SEC 10-K filings.
Rekor Systems, Inc. reported $5M in revenue and $16M in net loss for FY2020. Revenue has declined at a 23.3% compound annual rate over the past 3 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -0.20 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|
| Revenue | $5.5M | $20.1M | $22.1M | $12.1M |
| Cost of Revenue | $1.7M | $10.0M | $13.8M | $7.0M |
| Gross Profit | $3.8M | $10.1M | $8.3M | $5.2M |
| SG&A Expense | $8.3M | $13.3M | $13.0M | $5.3M |
| R&D Expense | $1.4M | $131.0K | - | - |
| Operating Income | -$7.5M | -$5.1M | -$4.6M | -$93.9K |
| Interest Expense | $3.9M | $492.0K | $213.5K | $165.1K |
| Income Tax | $47.0K | $29.0K | -$294.7K | -$220.0K |
| Net Income | -$15.9M | -$5.7M | -$5.0M | -$39.0K |
| EPS (Basic) | - | - | -$0.51 | -$0.01 |
| EPS (Diluted) | -$0.85 | -$0.44 | -$0.51 | -$0.01 |
| Shares Outstanding | 21.6M | 18.8M | 14.5M | 5.0M |
| Gross Margin | 69.8% | 50.2% | 37.7% | 42.6% |
| Operating Margin | -137.8% | -25.6% | -20.9% | -0.8% |
| Profit Margin | -290.4% | -28.4% | -22.8% | -0.3% |