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Rekor Systems (Rekor Systems) ROE % : -117.73% (As of Dec. 2023)


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What is Rekor Systems ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Rekor Systems's annualized net income for the quarter that ended in Dec. 2023 was $-45.30 Mil. Rekor Systems's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $38.47 Mil. Therefore, Rekor Systems's annualized ROE % for the quarter that ended in Dec. 2023 was -117.73%.

The historical rank and industry rank for Rekor Systems's ROE % or its related term are showing as below:

REKR' s ROE % Range Over the Past 10 Years
Min: -602.01   Med: -83.78   Max: -1.02
Current: -103.74

During the past 8 years, Rekor Systems's highest ROE % was -1.02%. The lowest was -602.01%. And the median was -83.78%.

REKR's ROE % is ranked worse than
91.97% of 2640 companies
in the Software industry
Industry Median: 3.145 vs REKR: -103.74

Rekor Systems ROE % Historical Data

The historical data trend for Rekor Systems's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rekor Systems ROE % Chart

Rekor Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial -602.01 -99.07 -40.29 -110.51 -110.47

Rekor Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -55.15 -100.14 -94.68 -98.86 -117.73

Competitive Comparison of Rekor Systems's ROE %

For the Software - Infrastructure subindustry, Rekor Systems's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rekor Systems's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, Rekor Systems's ROE % distribution charts can be found below:

* The bar in red indicates where Rekor Systems's ROE % falls into.



Rekor Systems ROE % Calculation

Rekor Systems's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-45.685/( (49.337+33.37)/ 2 )
=-45.685/41.3535
=-110.47 %

Rekor Systems's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-45.296/( (43.579+33.37)/ 2 )
=-45.296/38.4745
=-117.73 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Rekor Systems  (NAS:REKR) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-45.296/38.4745
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-45.296 / 44.264)*(44.264 / 90.155)*(90.155 / 38.4745)
=Net Margin %*Asset Turnover*Equity Multiplier
=-102.33 %*0.491*2.3432
=ROA %*Equity Multiplier
=-50.24 %*2.3432
=-117.73 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-45.296/38.4745
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-45.296 / -45.168) * (-45.168 / -37.384) * (-37.384 / 44.264) * (44.264 / 90.155) * (90.155 / 38.4745)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0028 * 1.2082 * -84.46 % * 0.491 * 2.3432
=-117.73 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Rekor Systems ROE % Related Terms

Thank you for viewing the detailed overview of Rekor Systems's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Rekor Systems (Rekor Systems) Business Description

Traded in Other Exchanges
Address
6721 Columbia Gateway Drive, Suite 400, Columbia, MD, USA, 21046
Rekor Systems Inc is a United States-based company. It is engaged in providing real-time roadway intelligence through AI-driven decisions. Rekor bridges commercial and government sectors with actionable, real-time vehicle recognition data. The firm uses artificial intelligence to analyze video streams and transform them into AI-driven decisions. Its machine learning software can turn most IP cameras into accurate vehicle recognition devices used to help protect lives, increase brand loyalty, and enhance operations and logistics. Its geographical segments are the United States, Canada, and Others, of which the majority of its revenue comes from the United States.
Executives
Timothy J Davenport director C/O REKOR SYSTEMS, INC., 6721 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
Sanjay E Sarma director C/O REKOR SYSTEMS, INC., 6721 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
Robert Alan Berman director, 10 percent owner, officer: Chief Executive Officer C/O NOVUME SOLUTIONS, INC., 14420 ALBEMARLE POINT PLACE, SUITE 200, CHANTILLY VA 20151
Arctis Global Llc 10 percent owner AM TOWERS, 207 CALLE DEL PARQUE, 7TH FLOOR, SAN JUAN PR 00912-3242
Debra Shakerdge-hennessy officer: Chief People Officer C/O REKOR SYSTEMS, INC., 6721 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
David Philip Desharnais officer: President C/O REKOR SYSTEMS, INC., 7172 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
Eyal Hen officer: CFO REKOR SYSTEMS, INC., 14420 ALBERMARLE POINT PLACE, SUITE 200, CHANTILLY VA 20151
Glenn S Goord director NOVUME SOLUTIONS, INC., 14420 ALBEMARLE POINT PLACE, SUITE 200, CHANTILLY VA 20151
Matthew Anthony Hill officer: Chief Science Officer 324 ANNISON DRIVE, COMMERCE TOWNSHIP MI 48382
Rodney Hillman officer: COO 3201 GLOUCHESTER DRIVE, FALLSTON MD 21047
Christopher Kadoch officer: Chief Technology Officer C/O REKOR SYSTEMS, INC., 7172 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
Noam Shai Maital officer: CEO, Waycare Technologies Ltd. 13535 VENTURA BLVD, SUITE C 410, SHERMAN OAKS CA 91423
Michael David Dunbar officer: Chief Revenue Officer C/O REKOR SYSTEMS, INC., 7172 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282