Rekor Systems (REKR) Tax Provisions (2016 - 2023)
Rekor Systems (REKR) posted Tax Provisions of $19000.0 for Q4 2023, up 157.58% on a QoQ basis from -$33000.0 in Q4 2022, and up 157.58% year-over-year from $7376.5 in Q4 2022.
Rekor Systems (REKR) Tax Provisions (2016 - 2023) Analysis & Trends
Rekor Systems' Tax Provisions history runs 8 years deep, the most recent figure standing at $19000.0 for Q4 2023.
- Quarterly Tax Provisions rose 157.58% year-over-year to $19000.0 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $19000.0 (up 101.93% YoY) and the FY2025 annual result came in at -$6.6 million, down 47228.57% from the prior year.
- Tax Provisions was $19000.0 for Q4 2023 at Rekor Systems, up from -$33000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $43000.0 in Q4 2020 and bottomed at -$954000.0 in Q3 2022.
- A 5-year average of -$57133.3 and a median of $7000.0 in 2020 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2020 — Tax Provisions jumped 258.33% — and 2022, when it sank 31900.0%.
- Rekor Systems' Tax Provisions stood at $12000.0 in 2019, then soared by 258.33% to $43000.0 in 2020, then slumped by 90.7% to $4000.0 in 2021, then tumbled by 925.0% to -$33000.0 in 2022, then soared by 157.58% to $19000.0 in 2023.
- Business Quant data shows REKR's Tax Provisions at $19000.0 in Q4 2023, -$33000.0 in Q4 2022, and -$954000.0 in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 7.56 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | -14.25 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | -555.00 Mn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 12.20 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 117.00 Mn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | -3.60 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 122.00 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 1.50 Mn |
| 10 | Rekor Systems | 86.21 Mn | 73.61 Mn | 5.38 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 19,000.00 |
| Dec 31, 2022 | -33,000.00 |
| Sep 30, 2022 | -954,000.00 |
| Dec 31, 2021 | 4,000.00 |
| Sep 30, 2021 | 3,000.00 |
| Jun 30, 2021 | 3,000.00 |
| Mar 31, 2021 | 3,000.00 |
| Dec 31, 2020 | 43,000.00 |
| Sep 30, 2020 | -7,000.00 |
| Jun 30, 2020 | 7,000.00 |
| Mar 31, 2020 | 7,000.00 |
| Dec 31, 2019 | 12,000.00 |
| Sep 30, 2019 | 12,000.00 |
| Jun 30, 2019 | 12,000.00 |
| Mar 31, 2019 | 12,000.00 |
| Dec 31, 2018 | 29,000.00 |
| Dec 31, 2017 | 669,711.00 |
| Sep 30, 2017 | -225,142.00 |
| Jun 30, 2017 | -318,801.00 |
| Mar 31, 2017 | -318,801.00 |