Rekor Systems Inc
NASDAQ:REKR
Income Statement
Earnings Waterfall
Rekor Systems Inc
Revenue
|
34.9m
USD
|
Cost of Revenue
|
-16.5m
USD
|
Gross Profit
|
18.4m
USD
|
Operating Expenses
|
-60.6m
USD
|
Operating Income
|
-42.1m
USD
|
Other Expenses
|
-3.6m
USD
|
Net Income
|
-45.7m
USD
|
Income Statement
Rekor Systems Inc
Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||
Revenue |
6
N/A
|
9
+60%
|
14
+48%
|
22
+62%
|
30
+36%
|
25
-18%
|
26
+6%
|
49
+85%
|
17
-65%
|
20
+19%
|
16
-22%
|
5
-65%
|
6
+11%
|
7
+21%
|
8
+8%
|
9
+17%
|
12
+29%
|
13
+13%
|
14
+4%
|
12
-17%
|
10
-11%
|
10
-6%
|
15
+49%
|
20
+37%
|
22
+10%
|
27
+22%
|
28
+6%
|
35
+23%
|
|
Gross Profit | |||||||||||||||||||||||||||||
Cost of Revenue |
(3)
|
(5)
|
(7)
|
(14)
|
(20)
|
(15)
|
(15)
|
(35)
|
(8)
|
(12)
|
(10)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(5)
|
(8)
|
(11)
|
(11)
|
(13)
|
(13)
|
(16)
|
|
Gross Profit |
3
N/A
|
4
+62%
|
6
+46%
|
8
+35%
|
10
+19%
|
10
+1%
|
11
+10%
|
14
+26%
|
8
-38%
|
8
-7%
|
6
-23%
|
4
-38%
|
4
+15%
|
5
+6%
|
5
0%
|
6
+23%
|
7
+21%
|
8
+22%
|
8
+1%
|
7
-17%
|
6
-12%
|
5
-23%
|
7
+44%
|
9
+32%
|
11
+17%
|
14
+28%
|
15
+11%
|
18
+23%
|
|
Operating Income | |||||||||||||||||||||||||||||
Operating Expenses |
(4)
|
(7)
|
(10)
|
(13)
|
(16)
|
(16)
|
(16)
|
(19)
|
(13)
|
(13)
|
(13)
|
(11)
|
(13)
|
(15)
|
(16)
|
(18)
|
(21)
|
(28)
|
(31)
|
(39)
|
(45)
|
(55)
|
(60)
|
(60)
|
(62)
|
(59)
|
(58)
|
(61)
|
|
Selling, General & Administrative |
(4)
|
(7)
|
(10)
|
(13)
|
(16)
|
(15)
|
(16)
|
(19)
|
(12)
|
(12)
|
(12)
|
(9)
|
(10)
|
(11)
|
(12)
|
(13)
|
(16)
|
(18)
|
(23)
|
(27)
|
(30)
|
(36)
|
(37)
|
(35)
|
(35)
|
(32)
|
(31)
|
(34)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(8)
|
(11)
|
(14)
|
(17)
|
(19)
|
(19)
|
(19)
|
(19)
|
(18)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(2)
N/A
|
(2)
-55%
|
(3)
-42%
|
(5)
-39%
|
(6)
-27%
|
(6)
-2%
|
(5)
+11%
|
(5)
+5%
|
(4)
+17%
|
(5)
-16%
|
(7)
-45%
|
(8)
-7%
|
(9)
-19%
|
(10)
-13%
|
(11)
-9%
|
(12)
-8%
|
(14)
-20%
|
(20)
-38%
|
(23)
-16%
|
(32)
-40%
|
(39)
-23%
|
(50)
-28%
|
(53)
-6%
|
(51)
+4%
|
(51)
0%
|
(46)
+11%
|
(43)
+7%
|
(42)
+2%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(4)
|
(3)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(3)
|
(4)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
(35)
|
(34)
|
(33)
|
(33)
|
3
|
(0)
|
|
Total Other Income |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
|
Pre-Tax Income |
(2)
N/A
|
(3)
-52%
|
(4)
-40%
|
(5)
-50%
|
(7)
-22%
|
(7)
-1%
|
(6)
+7%
|
(6)
+7%
|
(6)
-7%
|
(8)
-34%
|
(11)
-37%
|
(12)
-11%
|
(14)
-10%
|
(11)
+19%
|
(14)
-28%
|
(14)
+2%
|
(15)
-11%
|
(20)
-28%
|
(23)
-15%
|
(31)
-37%
|
(38)
-24%
|
(49)
-28%
|
(89)
-80%
|
(84)
+5%
|
(84)
+0%
|
(80)
+5%
|
(42)
+48%
|
(46)
-10%
|
|
Net Income | |||||||||||||||||||||||||||||
Tax Provision |
1
|
1
|
1
|
0
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
4
|
4
|
4
|
5
|
1
|
1
|
1
|
0
|
(0)
|
|
Income from Continuing Operations |
(1)
|
(2)
|
(2)
|
(5)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(8)
|
(11)
|
(12)
|
(14)
|
(11)
|
(14)
|
(14)
|
(16)
|
(20)
|
(23)
|
(27)
|
(35)
|
(45)
|
(84)
|
(83)
|
(83)
|
(79)
|
(42)
|
(46)
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(1)
N/A
|
(2)
-82%
|
(3)
-51%
|
(6)
-97%
|
(8)
-28%
|
(8)
-6%
|
(8)
+3%
|
(7)
+13%
|
(8)
-13%
|
(12)
-51%
|
(15)
-27%
|
(17)
-16%
|
(18)
-5%
|
(14)
+24%
|
(17)
-22%
|
(16)
+8%
|
(17)
-9%
|
(21)
-22%
|
(23)
-13%
|
(27)
-15%
|
(34)
-26%
|
(44)
-31%
|
(83)
-87%
|
(83)
0%
|
(83)
+0%
|
(79)
+5%
|
(41)
+48%
|
(46)
-11%
|
|
EPS (Diluted) |
-0.2
N/A
|
-0.11
+45%
|
-0.26
-136%
|
-0.51
-96%
|
-0.51
N/A
|
-0.54
-6%
|
-0.55
-2%
|
-0.44
+20%
|
-0.4
+9%
|
-0.59
-48%
|
-0.73
-24%
|
-0.85
-16%
|
-0.82
+4%
|
-0.6
+27%
|
-0.62
-3%
|
-0.63
-2%
|
-0.47
+25%
|
-0.5
-6%
|
-0.55
-10%
|
-0.67
-22%
|
-0.79
-18%
|
-0.94
-19%
|
-1.55
-65%
|
-1.68
-8%
|
-1.51
+10%
|
-1.27
+16%
|
-0.61
+52%
|
-0.72
-18%
|