Rekor Systems reports record 2024 revenue of $46M; Q4 adjusted EBITDA loss narrows to $4.7M

Rekor Systems, Inc.

Annual revenue $46.0M (+32% YoY); Q4 revenue $13.3M (+20% YoY).
Net loss widened to $61.4M from $45.7M; included $10.2M intangible impairment.
Adjusted EBITDA loss improved to $29.1M in FY 2024 from $29.9M; Q4 loss narrowed to $4.7M from $6.7M.
Rekor Scout certified for New Jersey; partnered with SoundHound AI for emergency vehicle tech.
Strategic realignment includes workforce reduction and new executives to focus on Scout and Discover.

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