Filing Flows › Rekor Systems (REKR) › Q4 2024
Rekor Systems (REKR) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Rekor Systems (REKR) reported revenue of $13.3M for the fourth quarter 2024 (Q4 2024), +20% from a year earlier and +26% from the quarter before. Operating margin was -139.2%, net loss $20.4M (153.3% of revenue).
Rekor Systems, Q4 2024: revenue $13.3M (+20% year over year), operating margin -139.2%, net loss $20.4M, operating cash flow −$4.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.3M | +26% | +20% |
| Operating profit | −$18.5M | — | — |
| Net earnings | −$20.4M | — | — |
| Operating cash flow | −$4.9M | — | — |
What changed
Revenue was $13.3M in Q4 2024, up 20% year over year and up 26% from the previous quarter. Urban Mobility was the largest line at 61% of revenue.
Operating costs exceeded revenue by $18.5M, an operating margin of -139.2%. Total costs grew 56% against revenue growth of 20%. The fastest-growing cost line was Other operating costs (+542%). The quarter ended with a net loss of $20.4M, wider than the previous quarter's $12.6M loss.
Operating cash flow was −$4.9M. Non-cash charges added back $2.4M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $11.6M. Capital expenditures of $820K exceeded it, leaving free cash flow of −$5.7M.
Questions
What was Rekor Systems' revenue in the fourth quarter 2024?
Rekor Systems (REKR) reported revenue of $13.3M for the fourth quarter 2024 (Q4 2024), +20% from a year earlier and +26% from the quarter before.
Was Rekor Systems profitable in the fourth quarter 2024?
Operating loss was $18.5M (-139.2% of revenue) and net loss $20.4M.
Source: Rekor Systems 10-K on SEC EDGAR.