NASDAQ$REKR

Rekor Systems Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Rekor Systems reported an 88% increase in Q4 2020 gross revenue.

Rekor Systems reported an 88% increase in Q4 2020 gross revenue, reaching $2.8 million compared to $1.5 million in Q4 2019. The increase was attributed to additional products offered and the expansion of technology offerings. The company's eCommerce platform organically increased by 53% to $244,000 for the quarter.

  • Q4 2020 gross revenue increased 88% to $2.8 million compared to Q4 2019.
  • eCommerce platform revenue organically increased 53% to $244,000 in Q4 2020.
  • Gross profit for Q4 2020 increased to $2,055,000 with a gross margin of 72%.
  • Operating loss for Q4 2020 increased to $3,099,000.

Headline financials

Total Revenue

$2.84M

Previous: $4.44M-36.1%
EPS (adj)

-$0.11

Previous: -$0.17+35.3%
Net Income

-$14.2M

No prior period
Operating Income

-$3.1M

No prior period
Gross Profit

$2.06M

No prior period

Revenue & EPS history

Rekor Systems · Revenue · Quarterly

$2.84M

Q4 2020-36.1%vs Q4 2019
Beat estimate in 3 of 10 quarters(30%)
ActualEstimate

Forward guidance

Rekor Systems is focused on expanding its technology offerings and go-to-market strategy, including its eCommerce platform and partners program. The company's recent secondary offering of $70.1 million in net cash proceeds will provide the ability to expand that strategy and look for M&A opportunities.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

-3.7%

Avg return

Earnings day

-6.7%

Avg return

5 days after

+0.1%

Avg return

30 days after

33%

12 / 36 earnings

Positive

+19.2%

Q4 2020

Best reaction

-40.5%

Q1 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+8.1%-2.2%
Q1 2026+1.4%-12.4%-21.6%
Q3 2025+6.0%-6.4%-14.2%
Q4 2024+1.5%-21.1%+15.0%
Q3 2024-21.5%-20.2%-25.9%
Q2 2024-8.6%-1.4%-12.9%
Q1 2024-16.9%-8.8%-11.8%
Q4 2023+0.5%+13.9%-10.4%
Q3 2023-1.5%+1.9%+6.3%
Q2 2023-5.7%+19.4%+40.3%
Q1 2023+0.8%+10.4%+46.7%
Q4 2022-5.8%-10.1%-12.9%
Q3 2022-1.9%-13.0%-26.9%
Q2 2022-5.4%-4.3%-37.3%
Q1 2022-11.8%-14.2%-24.6%
Q4 2021+0.4%-17.0%-39.4%
Q3 2021-36.6%-31.4%-38.6%
Q2 2021+0.0%-0.6%+45.6%
Q1 2021-40.5%-48.9%-39.7%
Q4 2020+19.2%+18.9%+46.1%
Q3 2020+3.7%+9.3%+36.9%
Q2 2020-4.3%+4.8%+62.5%
Q1 2020-11.0%-14.5%-15.5%
Q4 2019+16.7%+4.1%+19.9%
Q3 2019-8.8%-7.5%+35.0%
Q2 2019-10.3%+6.3%-22.5%
Q1 2019+0.0%-5.7%+14.1%
Q4 2018+0.0%-5.7%+14.1%
Q3 2018-5.0%+10.0%-11.9%
Q2 2018-7.0%-29.2%-34.1%
Q1 2017-6.2%-15.4%-27.4%
Q4 2017+9.4%-22.6%-19.4%
Q1 2018+9.4%-22.6%-19.4%
Q3 2017+0.0%-1.4%+28.8%
Q3 2016+0.0%-1.4%+28.8%
Q4 2016+0.0%-1.4%+28.8%
Q2 2017
Q2 2016
Q1 2016
Q4 2015

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