Rekor Systems, Inc. Financial Ratios — REKR Stock

Profitability (USD)

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-38.66	-29.54	-67.52	-40.87	-32.21	-79.26	-51.92	-70.33	-37.48
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	42.62	37.69	50.24	69.79	61.9	60.7	45.33	52.77	49.28	55.87
EBITDA Margin (%)	-0.35	-17.84	-20.33	-112.58	-107.07	-245.84	-223.53	-97.96	-75.21	-38.96
Operating Margin (%)	-0.77	-20.95	-25.55	-137.76	-128.31	-275.02	-255.77	-120.56	-95.83	-51.87
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	-2.14	-24.1	-28.32	-225.96	-150.95	-268.38	-423.9	-130.69	-133.32	-64.85
Profit Margin (%)	-0.32	-22.77	-28.47	-290.44	-153.58	-231.38	-417.24	-130.78	-133.42	-64.93
Net Income to Common Margin (%)	-0.37	-24.41	-30.76	-298.85	-158.57	-231.82	-417.24	-130.78	-133.42	-64.93
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	-271.81	2.05	1.86	2.74	3.19	0.19	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	5	4	21	2	11	20	42	32	30
ST Debt	- -	4	3	- -	1	1	3	3	4	18
LT Debt	- -	1	1	21	2	10	17	39	28	11
Total Debt/EBITDA	-10.89	-1.28	-0.96	-3.36	-0.24	-0.4	-0.44	-1.24	-0.94	-1.58
Net Debt/EBITDA	55.5	-0.79	-0.45	-3.45	1.88	0.87	-0.06	-0.31	-0.31	0.08
Total Debt/EBIT	-4.87	-1.09	-0.76	-2.75	-0.2	-0.36	-0.39	-1.01	-0.74	-1.18
Net Debt/EBIT	24.83	-0.67	-0.36	-2.82	1.57	0.78	-0.05	-0.25	-0.25	0.06
EBITDA to Interest Expense	-0.25	-18.5	-8.28	-2.19	-5.36	-412.41	-636.1	-20.77	-14.02	-8.51
EBITDA-CapEx/Interest Expense	-0.25	-18.5	-8.28	-2.19	-5.36	-412.41	-636.1	-20.77	-14.02	-8.51
EBIT to Interest Expense	-0.57	-21.73	-10.41	-2.68	-6.42	-461.36	-727.84	-25.56	-17.87	-11.33
Interest Expense	- -	- -	- -	3	2	- -	- -	2	2	2
Common Equity/Total Assets	-7.84	-28.31	-66.81	-97.98	-106.55	-55.51	-182.48	-215.6	-315.35	-341.43
Long-Term Debt/Equity (%)	11.98	12.89	10.28	- -	5.14	9.96	33.62	118.2	82.44	26.47
Long-Term Debt/Capital (%)	19.91	38.69	-28.23	-1,091.83	-4.82	-17.18	-12.45	-25.23	-12.36	-4.33
Long-Term Debt/Total Assets (%)	8.34	6.83	4.85	70.95	4.05	7.99	19.78	42.8	34.13	13.29
Total Debt/Equity (%)	11.98	46.48	45.96	-641.23	7.55	11.19	40.05	126.84	95.01	69.37
Total Debt/Capital (%)	19.91	139.51	-126.13	-1,099.68	-7.09	-19.32	-14.83	-27.07	-14.25	-11.36
Total Debt/Total Assets (%)	8.34	24.61	21.66	71.46	5.96	8.99	23.57	45.93	39.33	34.83
Net Debt to Equity	-61.09	28.54	21.64	-657.01	-58.47	-24.46	5.13	31.86	31.82	-3.66
Net Debt/Capital (%)	474.24	185.62	-35.62	-717.4	34.14	29.31	-1.87	-6.19	-4.67	0.56
EBITDA	- -	-4	-4	-6	-10	-28	-45	-34	-35	-19
EBITDA-CapEx	- -	-4	-4	-6	-10	-28	-45	-34	-35	-19
Operating Income (Loss)	- -	-5	-5	-8	-12	-32	-51	-42	-44	-25

Liquidity (USD)

API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	2.42	0.24	0.24	0.1	3.48	1.87	0.12	0.89	0.28	0.57
Current Ratio	4.22	1.33	0.99	0.99	4.08	2.22	0.6	1.47	1.09	1.06
Quick Ratio	4.15	1.23	0.59	0.18	3.71	1.96	0.36	1.2	0.69	0.88
CFO/Avg Current Liab	- -	-0.67	-0.24	-2.26	-1.85	-1.83	-2.71	-2	-1.83	-0.86
Common Equity/Total Assets	-7.84	-28.31	-66.81	-97.98	-106.55	-55.51	-182.48	-215.6	-315.35	-341.43
Long-Term Debt/Equity (%)	11.98	12.89	10.28	- -	5.14	9.96	33.62	118.2	82.44	26.47
Long-Term Debt/Capital (%)	19.91	38.69	-28.23	-1,091.83	-4.82	-17.18	-12.45	-25.23	-12.36	-4.33
Long-Term Debt/Total Assets (%)	8.34	6.83	4.85	70.95	4.05	7.99	19.78	42.8	34.13	13.29
Total Debt/Equity (%)	11.98	46.48	45.96	-641.23	7.55	11.19	40.05	126.84	95.01	69.37
Total Debt/Capital (%)	19.91	139.51	-126.13	-1,099.68	-7.09	-19.32	-14.83	-27.07	-14.25	-11.36
Total Debt/Total Assets (%)	8.34	24.61	21.66	71.46	5.96	8.99	23.57	45.93	39.33	34.83
CFO/Total Liabilities	-8.17	-32.68	-21.48	-66.2	-176.34	-72.74	-114.81	-55.51	-67.18	-47.91
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	2.86	3.73	-0.42	-2.69	11.19	3.18	-7.78	-4.71	-8.88	-6.88

Working Capital (USD)

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	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	5.09	4.14	2.92	10.18	11.63	11.98	10.95	9.57	7.82
Days Sales Outstanding	- -	71.77	88.12	125.2	35.85	31.39	30.46	33.34	38.14	46.66
Inventory Turnover	- -	177.15	87.25	8.81	4.49	3.73	6.89	6.54	6.35	5.8
Days Inventory Outstanding	- -	2.06	4.18	41.43	81.24	97.89	52.99	55.79	57.5	62.9
Accounts Payable Turnover	- -	14.17	6.63	2.36	- -	1.27	1.81	3.17	5.19	4.64
Accounts Payable Turnover Days	- -	25.75	55.05	154.63	- -	286.37	202.2	115.31	70.3	78.71
Cash Conversion Cycle	- -	48.08	37.26	12	117.09	-157.09	-118.75	-26.18	25.34	30.85
Inventory to Cash Days	- -	69.71	83.94	83.78	-45.39	-66.5	-22.53	-22.46	-19.37	-16.25
Inventories	- -	- -	- -	- -	1	1	2	3	4	3
Raw Materials	- -	- -	- -	- -	1	- -	1	3	4	3
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	1	1	1	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	58	10	77	195	270	60	210	135	165
- Cash & Cash Equivalents	3	2	2	1	21	26	2	15	5	17
+ Preferred Equity and Hybrid Capital	2	4	5	6	7	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	5	4	21	2	11	20	42	32	30
Enterprise Value	- -	65	17	102	184	255	78	237	163	178
Total Capital	2	4	-3	-2	-34	-59	-133	-156	-228	-262
Total Debt/Capital (%)	19.91	139.51	-126.13	-1,099.68	-7.09	-19.32	-14.83	-27.07	-14.25	-11.36
Total Debt / EV	-7.41	0.08	0.23	0.2	0.01	0.04	0.25	0.18	0.2	0.17
EV/Sales	- -	2.94	0.84	18.65	19.9	22.04	3.9	6.79	3.53	3.68
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	58	10	77	195	270	60	210	135	165
Diluted Enterprise Value	- -	65	17	102	184	255	78	237	163	178
EV per Share	- -	5.54	1.1	5.09	7.59	6.2	1.56	3.76	1.88	1.49
TTM Sales	12	22	20	5	9	12	20	35	46	48
TTM EBITDA	- -	-4	-4	-6	-10	-28	-45	-34	-35	-19
TTM Operating Income	- -	-5	-5	-8	-12	-32	-51	-42	-44	-25
TTM Cash Flow to Firm	- -	-3	-2	-19	-13	-18	-40	-31	-30	-18
TTM Free Cash Flow to Firm	- -	-3	-2	-19	-13	-18	-40	-31	-30	-18

Multiples (USD)

API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	-18.21	-4.88	-3.59	-12.96	-14.95	-1.51	-6.45	-4.17	-8.11
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	65	17	102	184	255	78	237	163	178
Low Price	- -	0.51	0.43	0.51	2.35	5.72	0.56	1	0.78	0.62
EV/Sales	- -	2.94	0.84	18.65	19.9	22.04	3.9	6.79	3.53	3.68
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	-7.57	-5.38	-2.22	-7.4	-18.61	-1.5	-3.08	-2.46	-5.65
Price/Earnings High	- -	-11.98	-13.74	-6.67	-15.45	-38.94	-4.39	-5.74	-5.54	-13.01
Price/Earnings Low	- -	-1.11	-1.08	-0.63	-3.88	-8.78	-0.34	-1.38	-1.1	-2.36
Price/Book Value	- -	-9.89	-0.83	-2.69	-4.54	-3.86	-0.39	-1.06	-0.52	-0.57
Price/Book Value Average	- -	-7.02	-2.75	-1.28	-2.52	-7.14	-0.81	-0.71	-0.58	-0.61
Price/Book Value High	- -	-11.1	-7.03	-3.84	-5.25	-14.95	-2.39	-1.32	-1.31	-1.4
Price/Book Value Low	- -	-1.03	-0.55	-0.36	-1.32	-3.37	-0.18	-0.32	-0.26	-0.25
Price/Tangible Book Value	- -	-28.11	-7.14	-3.24	16.52	10.22	8.03	-47.14	-29.27	31.12
Price/Tangible Book Value Average	- -	-19.95	-23.68	-1.54	9.17	18.93	16.71	-31.52	-32.68	33.5
Price/Tangible Book Value High	- -	-31.55	-60.45	-4.61	19.14	39.61	49.04	-58.75	-73.55	77.12
Price/Tangible Book Value Low	- -	-2.93	-4.75	-0.43	4.81	8.93	3.76	-14.13	-14.68	14
Price/Sales	- -	2.6	0.5	13.99	21.14	23.29	3	6.02	2.94	3.41
Price/Sales Average	- -	1.85	1.66	6.64	11.74	43.13	6.25	4.03	3.28	3.67
Price/Sales High	- -	2.92	4.23	19.93	24.5	90.26	18.33	7.5	7.39	8.45
Price/Sales Low	- -	0.27	0.33	1.87	6.16	20.34	1.41	1.8	1.47	1.53
Price/Cash Flow	- -	-18.21	-4.88	-3.59	-12.96	-14.95	-1.51	-6.45	-4.17	-8.11
Price/Cash Flow Average	- -	-12.92	-16.19	-1.7	-7.19	-27.68	-3.14	-4.31	-4.65	-8.73
Price/Cash Flow High	- -	-20.43	-41.32	-5.11	-15.02	-57.93	-9.22	-8.03	-10.47	-20.09
Price/Cash Flow Low	- -	-1.89	-3.25	-0.48	-3.77	-13.06	-0.71	-1.93	-2.09	-3.65
Price/Free Cash Flow Average	- -	-12.92	-16.19	-1.7	-7.19	-27.68	-3.14	-4.31	-4.65	-8.73
Price/Free Cash Flow High	- -	-20.43	-41.32	-5.11	-15.02	-57.93	-9.22	-8.03	-10.47	-20.09
Price/Free Cash Flow Low	- -	-1.89	-3.25	-0.48	-3.77	-13.06	-0.71	-1.93	-2.09	-3.65
EV/Sales Average	- -	2.19	2	11.29	10.49	41.88	7.14	4.8	3.88	3.94
EV/Sales High	- -	3.26	4.57	24.58	23.25	89.01	19.22	8.28	7.98	8.72
EV/Sales Low	- -	0.61	0.68	6.52	4.91	19.09	2.3	2.58	2.07	1.81
EV/EBITDA Average	1.47	-12.26	-9.84	-10.03	-9.8	-17.04	-3.19	-4.9	-5.16	-10.12
EV/EBITDA High	1.47	-18.29	-22.48	-21.83	-21.71	-36.21	-8.6	-8.45	-10.61	-22.38
EV/EBITDA Low	1.47	-3.42	-3.32	-5.79	-4.59	-7.77	-1.03	-2.63	-2.75	-4.64
EV/EBIT Average	0.66	-10.44	-7.83	-8.2	-8.17	-15.23	-2.79	-3.98	-4.05	-7.6
EV/EBIT High	0.66	-15.57	-17.89	-17.84	-18.12	-32.36	-7.52	-6.86	-8.33	-16.81
EV/EBIT Low	0.66	-2.91	-2.64	-4.73	-3.83	-6.94	-0.9	-2.14	-2.16	-3.48
Last Price	- -	4.9	0.65	3.82	8.07	6.55	1.2	3.33	1.56	1.38
High Price	- -	5.5	5.5	5.44	9.35	25.38	7.33	4.15	3.92	3.42
Enterprise Value Average	- -	48	40	62	97	485	142	168	178	191
Enterprise Value High	- -	72	92	134	215	1,030	383	289	367	422
Enterprise Value Low	- -	14	14	36	45	221	46	90	95	87

Shares Outstanding	14	14	19	22	33	44	54	69	105	136
Diluted Weighted Avg Shares	14	12	15	20	24	41	50	63	87	120
Basic Weighted Avg Shares	14	12	15	20	24	41	50	63	87	120
Revenue per Share	0.87	1.88	1.3	0.27	0.38	0.28	0.4	0.55	0.53	0.4
EBITDA per Share	- -	-0.34	-0.26	-0.31	-0.41	-0.69	-0.89	-0.54	-0.4	-0.16
Operating Income per Share	-0.01	-0.39	-0.33	-0.38	-0.49	-0.77	-1.02	-0.67	-0.51	-0.21
Basic EPS, GAAP	- -	-0.46	-0.4	-0.82	-0.61	-0.65	-1.67	-0.72	-0.71	-0.26
Basic EPS from Cont Ops	- -	-0.43	-0.37	-0.62	-0.58	-0.67	-1.68	-0.72	-0.71	-0.26
Diluted EPS, GAAP	- -	-0.46	-0.4	-0.82	-0.61	-0.65	-1.67	-0.72	-0.71	-0.26
Diluted EPS from Cont Ops	- -	-0.43	-0.37	-0.62	-0.58	-0.67	-1.68	-0.72	-0.71	-0.26
Dividend per Share	0.01	0.02	0.02	0.01	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-0.01	-0.27	-0.13	-1.06	-0.62	-0.44	-0.8	-0.52	-0.37	-0.17
Free Cash Flow per Basic Share	-0.01	-0.27	-0.13	-1.06	-0.62	-0.44	-0.8	-0.52	-0.37	-0.17
Cash & Equivalents per Share	0.2	0.17	0.13	0.05	0.85	0.63	0.04	0.24	0.06	0.14
Book Value per Share	-0.03	-0.5	-0.78	-1.42	-1.78	-1.7	-3.07	-3.15	-3	-2.44
Tangible Book Value per Share	0.11	-0.17	-0.09	-1.18	0.49	0.64	0.15	-0.07	-0.05	0.04

Rekor Systems, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)