REKR...$1.70...on the Reversal...🥳..Hit perfectly on my $1.40 Dip Alert...
georgie18
Member Level
Re: georgie18 post# 670913
Monday, January 13, 2025 1:28:32 PM
Post#
671194
of 671359
REKR...$1.41...🥳...Hit my dip alert at $1.40 ...scaling in here...bids in at $1.25 range...
georgie18
Member Level
Re: georgie18 post# 388075
Wednesday, January 08, 2025 5:27:56 PM
Post#
388313
of 388439
REKR...$1.81...🥳...Watch for $1.25 $1.40 Range dip followed by a $3 move...imo...we shall see...
georgie18
Member Level
Re: georgie18 post# 1489
Monday, January 06, 2025 11:06:54 AM
Post#
1490
of 1490
REKR...$2.45...on the breakout...🥳...off my .86 Alert...
georgie18
Member Level
Re: georgie18 post# 387660
Monday, January 06, 2025 9:46:26 AM
Post#
388055
of 388074
REKR...$2.00...Off my .86 Alert...🥳...COLUMBIA, Md., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR), a leader in developing and implementing state-of-the-art roadway intelligence technology, announced today that, as of December 31, 2024, it has fully satisfied the outstanding balance of $15 million under its August 2024 Prepaid Advance Agreement with an affiliate of Yorkville Advisors Global.
Eyal Hen, Rekor's Chief Financial Officer, commented, "This prepayment underscores our dedication to prudent financial management and shareholder value creation. By eliminating this obligation early, we have enhanced our balance sheet flexibility. This positions Rekor to better capitalize on strategic growth initiatives while maintaining a disciplined approach to capital allocation. We thank Yorkville for its partnership and appreciate its support in satisfying the Prepaid Advance Agreement ahead of schedule."
georgie18
Member Level
Re: georgie18 post# 1477
Monday, December 30, 2024 8:09:52 AM
Post#
1483
of 1489
REKR...$1.90...🥳...Hit $3.09 High off my .86 Alert...
georgie18
Member Level
Re: georgie18 post# 387620
Friday, December 27, 2024 7:03:07 PM
Post#
387647
of 387659
REKR...$1.40...🥳...HOD...Off my .86 Alert...
georgie18
Member Level
Re: georgie18 post# 1471
Friday, December 27, 2024 1:15:10 PM
Post#
1476
of 1476
REKR...$1.28s clearing here...🥳...Off my .86 Alert...
georgie18
Member Level
Re: georgie18 post# 387547
Friday, December 27, 2024 8:25:18 AM
Post#
387585
of 387619
REKR...$1.18s clearing here 🥳...Off my .86 Alert...
georgie18
Member Level
Re: georgie18 post# 1469
Thursday, December 26, 2024 4:39:48 PM
Post#
1470
of 1471
REKR...$1.05...🥳...Off my .86 Alert...
georgie18
Member Level
Re: georgie18 post# 387169
Wednesday, December 18, 2024 1:29:51 PM
Post#
387172
of 387546
REKR...32,000 share buy @ .92...🥳Big Blocks starting to hit this...
georgie18
Member Level
Re: georgie18 post# 1467
Wednesday, December 18, 2024 1:23:47 PM
Post#
1468
of 1468
REKR...902...🥳...off my .86 Alert...
georgie18
Member Level
Re: None
Wednesday, December 18, 2024 11:01:34 AM
Post#
387153
of 387168
REKR...864...🥳...Scaling in here... Rekor Systems, Inc. (NASDAQ: REKR) is at the forefront of AI-powered roadway intelligence, transforming traditional traffic management with innovative digital solutions. Using its proprietary Rekor One platform, Rekor aggregates vast mobility data to provide government agencies and businesses with real-time, actionable insights. The company’s tools enable smarter, safer, and more efficient roads through advanced computer vision and machine learning.
In Q2 2024, Rekor reported a 45% revenue increase to $12.4 million, up from $8.6 million the previous year. Year-to-date, revenue grew by 51%, reaching $22.2 million. To fuel ongoing growth, Rekor secured a financing facility of up to $35 million, with $15 million already drawn. This financial boost strengthens its position, alongside improved adjusted EBITDA, which narrowed losses from $7.2 million to $5.8 million year-over-year.
Rekor has secured significant contracts, including a $1.5 million project with the Maryland Department of Transportation to support traffic insights on major highways. Multi-year contracts with transportation departments in Texas, Ohio, and Colorado, worth up to $15 million, highlight the company’s expanding influence across states.
Recently, Rekor appointed industry veteran Rish Malhotra as EVP of Global Growth to lead expansion across North America and globally. Malhotra’s experience in Intelligent Transportation Solutions (ITS) aligns with Rekor’s mission to modernize roadway infrastructure.
With its advanced AI and big-data approach, Rekor is leading the shift away from outdated traffic monitoring systems. Positioned for growth, the company’s innovations are setting a new standard in roadway intelligence and digital infrastructure.
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