Rekor Systems Reports Strong 2024 Financial Results Highlighted by Record Revenue and Significant Operational Improvements
Rekor Systems, Inc. (REKR)
Company Research
Source: GlobeNewswire
Record Gross Revenue: Achieved record annual gross revenue of $46.0 million, representing a 32% increase from $34.9 million in 2023.Fourth Quarter Results: Gross revenue reached an all-time quarterly high of $13.3 million in Q4 2024, marking a 20% increase compared to Q4 2023.Improved Adjusted EBITDA: Substantially narrowed Adjusted EBITDA loss from $6.7 million in Q4 2023 to $4.7 million in Q4 2024, underscoring enhanced operational efficiency. COLUMBIA, Md., March 31, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR), a global leader in roadway intelligence, today announced its financial results for the fiscal year that ended December 31, 2024. Throughout 2024, Rekor demonstrated substantial progress in efficiently scaling operations while consistently delivering increased value to customers and shareholders. In addition to achieving significant financial milestones, the Company reported several noteworthy operational and strategic achievements: Rekor Scout® Certified
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News
- Rekor Systems Announces Closing of $15.0 Million Underwritten Registered Direct OfferingGlobeNewswire
- Rekor Systems Announces Pricing of $15.0 Million Underwritten Registered Direct Offering [Yahoo! Finance]Yahoo! Finance
- Rekor Systems Announces Pricing of $15.0 Million Underwritten Registered Direct OfferingGlobeNewswire
- Rekor Had A Great Quarter, But Financing Risks Remain High Without The ATM [Seeking Alpha]Seeking Alpha
- Rekor Systems Offers Policymakers a Privacy-Protected and Responsible Path Forward for the Use of Automated License Plate Recognition [Yahoo! Finance]Yahoo! Finance
REKR
Earnings
- 11/13/25 - Beat
REKR
Sec Filings
- 12/16/25 - Form 8-K
- 12/15/25 - Form 424B5
- 12/5/25 - Form 4
- REKR's page on the SEC website