Rekor Systems (REKR) Tax Rate (2016 - 2023)
Rekor Systems' (REKR) quarterly Tax Rate came in at 0.28% in Q4 2023, down 74.0% on a YoY basis from 1.09% in Q4 2022, and down 162.65% quarter-over-quarter from 0.45% in Q4 2022.
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Analysis
Rekor Systems (REKR) Tax Rate (2016 - 2023) Analysis & Trends
Rekor Systems (REKR) has reported Tax Rate for 8 consecutive years, with 0.28% the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Tax Rate fell 74.0% year-over-year to 0.28%; the trailing twelve-month figure through Dec 2023 stood at 0.07% (down 124.0% YoY), and the FY2025 full-year result was 21.0%, up 2107.0% from the prior year.
- Tax Rate retreated to 0.28% in Q4 2023 per REKR's latest filing, from 0.45% in the prior quarter.
- Across five years, Tax Rate topped out at 33.45% in Q4 2021 and bottomed at 1.4% in Q4 2020.
- Historically, Tax Rate has averaged 2.08% across 5 years, with a median of 0.19% in 2020.
- The sharpest annual moves came in 2021 and 2022: Tax Rate jumped 3484 bps in 2021, then tumbled 3299 bps in 2022.
- Over 5 years, Tax Rate stood at 0.36% in 2019, then sank by 291 bps to 1.4% in 2020, then jumped by 2495 bps to 33.45% in 2021, then slumped by 99 bps to 0.45% in 2022, then sank by 163 bps to 0.28% in 2023.
- According to Business Quant data, Tax Rate over the past three periods registered 0.28%, 0.45%, and 1.94% for Q4 2023, Q4 2022, and Q3 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Planet Labs PBC | 6.43 Bn | 5.56 Bn | 65.63 Mn | -8.50% |
| 2 | Arlo Technologies | 1.52 Bn | 1.42 Bn | 75.22 Mn | 12.49% |
| 3 | Evolv Technologies Holdings | 915.83 Mn | 853.19 Mn | 21.95 Mn | - |
| 4 | Gorilla Technology | 323.08 Mn | 143.72 Mn | -2.11 Mn | -4.03% |
| 5 | Rank One Computing | 83.95 Mn | 72.01 Mn | 4.57 Mn | - |
| 6 | Airship AI Holdings | 71.45 Mn | 59.09 Mn | 3.10 Mn | - |
| 7 | Rekor Systems | 70.61 Mn | 60.57 Mn | 7.11 Mn | - |
| 8 | Odysight.ai | 58.04 Mn | 32.03 Mn | 177,000.00 | - |
| 9 | LataMed AI | 27.39 Mn | 27.39 Mn | - | - |
| 10 | MicroCloud Hologram | 22.40 Mn | -352.10 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -0.28% |
| Dec 31, 2022 | 0.45% |
| Sep 30, 2022 | 1.94% |
| Dec 31, 2021 | 33.45% |
| Sep 30, 2021 | -0.03% |
| Jun 30, 2021 | -0.06% |
| Mar 31, 2021 | -0.06% |
| Dec 31, 2020 | -1.40% |
| Sep 30, 2020 | 0.10% |
| Jun 30, 2020 | -1.13% |
| Mar 31, 2020 | -0.19% |
| Dec 31, 2019 | -0.36% |
| Sep 30, 2019 | -0.34% |
| Jun 30, 2019 | -0.40% |
| Mar 31, 2019 | -0.48% |
| Dec 31, 2018 | -1.43% |
| Dec 31, 2017 | -27.25% |
| Sep 30, 2017 | 22.15% |
| Jun 30, 2017 | 36.94% |
| Mar 31, 2017 | 36.94% |