Rekor Systems, Inc. · NASDAQ:REKR
Rekor Systems — Q1 2024 Earnings Presentation
26 slides from Rekor Systems's earnings presentation, May 15, 2024
Slide 1: Investor Presentation
INVESTOR PRESENTATION Privileged and Confidential
Slide 2: Company Disclosure Statement
Company Disclosure Statement This presentation includes statements concerning Rekor Systems, Inc. and its future expectations, plans and prospects that constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securiti
Slide 3: Our Mission
Our Mission Drive the world to be safer, smarter, and greener
Slide 4: Established and Proven Leadership Team
Established and Proven Leadership Team David Desharnais Eyal Hen President and Chief Chief Financial Executive Officer Officer Joined 2022 Joined 2019 Michael Charles Dunbar Degliomini Chief Revenue Executive Vice President, Officer Government Affairs 140+ Years of Unparalleled Experience at Industr
Slide 5: Rekor At-a-Glance
Rekor At-a-Glance Analytics to Digitize Roadways Market Leader with Excellent Growth Rekor collects, connects, and organizes the world’s mobility data to deliver analytics on vehicles, roadway safety, traffic flows, and 40% 75%+ $35M license plate information — providing a digital operating system 2
Slide 6: Limited and Slow Traffic Data Collection Directly Harms Citizen Well-Being
Limited and Slow Traffic Data Collection Directly Harms Citizen Well-Being Incomplete data sources, limited connectivity between key stakeholders, and antiquated technology are driving increased congestion, slower emergency response, and restricted funding Outdated Emergency Insufficient Public Mini
Slide 7: Rekor Accurately Collects Critical Roadway Data
Rekor Accurately Collects Critical Roadway Data Leveraging innovative technology to collect real- time, relevant information for customers Capture comprehensive vehicle characteristics High-speeds, day/night, adverse weather, multiple lanes, color, make, model, state of origin, vehicle unique signat
Slide 8: Analyzing & Transforming Roadway Data via Rekor One into Actionable Insights
Analyzing & Transforming Roadway Data via Rekor One® into Actionable Insights Source & Manage a Ingest, Process, and Wide Variety of Data Transform Information D at aC olle ctio nD evic Sensors es Edge Data Devices Visua lizati CCTV on Vehicles DMS Signs CAD Systems + Many More Smart City / GovTech
Slide 9: Delivering Critical Value Across Use Cases Products
Delivering Critical Value Across Use Cases Massive embedded opportunity within existing public safety, transportation, and mobility segments Public Safety & Licensing Transportation Management Urban Mobility Products Vehicle Identification Software Licensing Incident Identification and Response Traf
Slide 10: Leveraging Rekor Solutions to Build a Safer, Smarter, and Greener World
Leveraging Rekor Solutions to Build a Safer, Smarter, and Greener World Delivering a safer world for citizens while enhancing public infrastructure and planning Enables law enforcement to Identifies more incidents and Provides traffic pattern analysis for more accurately track vehicles enables optim
Slide 11: Public and Private Sector Customers Trust Rekor
Public and Private Sector Customers Trust Rekor Established as a go-to source for roadway analytics and custom reporting Customers By The Numbers 96%+ Multi-Year 500+ Public & Private 2023 Gross Typical 2023 Sectors Served Revenue Retention Contract Length Software Customers
Slide 12: Delivering High ROI Solutions for the Texas Department of Transportation Austin
Delivering High ROI Solutions for the Texas Department of Transportation Austin Rekor Command™ was deployed for the Texas Department of Transportation Austin resulting in outstanding ROI metrics and expansion into additional districts spanning the state March - August 2023 Results 11 min. 70% 34% Me
Slide 13: Federally Mandated Traffic Studies are More Pervasive Than Ever
Federally Mandated Traffic Studies are More Pervasive Than Ever Millions(1) of permanent & short-term traffic data studies across 4.2 million miles Current methods are costly, outdated, unsafe, Comprehensive coverage to disconnected, and ripe for displacement by non-intrusive AI provide customers wi
Slide 14: Massive Untapped Market Opportunity
Massive Untapped Market Opportunity $93B+ intelligent infrastructure market supported by favorable industry tailwinds Global TAM by Region ($B)(1) Market Overview Canada Massive target market of established government budgets for Australia $148 millions(2) of traffic studies per year presents massiv
Slide 15: Trillions of Dollars in Global Public Infrastructure Spend Ready for Capture
Trillions of Dollars in Global Public Infrastructure Spend Ready for Capture Led by $1.2T U.S. bill, influx of government capital allocates trillions to improve & modernize infrastructure U.S. Infrastructure Investment & Jobs Act Overview $350B+ of Federal Spending Applicable to Rekor Surface-Transp
Slide 16: Thoughtful Approach to Product has Separated Rekor From the Competition
Thoughtful Approach to Product has Separated Rekor From the Competition Larger Rekor’s Right-to-Win Solutions, Not Just Data Unique ability to transform massive data flows into actionable insights Single Source The most comprehensive product suite serves a wide Relative Scale range of customer needs
Slide 17: Continuing Data Capability Expansion via Partner Network
Continuing Data Capability Expansion via Partner Network Industry’s largest volume, variety, and velocity of aggregated roadway data Datasets Sourced and Managed: • In-road sensors • CCTV, Radar/Lidar, Controllers • DMS signs • CAD systems • ATMS systems • ICM/DSS • Connected vehicles • Electric veh
Slide 18: Rekor's Single Source Collection Creates Data for Many Use Cases
Rekor’s Single Source Collection Creates Data for Many Use Cases Multi-purpose data collection devices gather critical information and offer expansion potential into a wide array of ESG use cases Massive data lake powered by proprietary AI, data visualization, and algorithms… Thousands Millions Bill
Slide 19: Highly Compelling Financial Profile
Highly Compelling Financial Profile Established history of robust growth with proven M&A engine ready for additional scale Consistent and 75%+ Robust Growth 2023 Revenue Growth Leading Revenue Profile(1) Strong Recurring Revenue 59% Profile and Forward Visibility 2023 % Recurring Revenue 40% CAGR Be
Slide 20: Rekor's Investment Highlights
Rekor’s Investment Highlights 1 First Mover Advantage Presently own the largest footprint of connected IoT nodes in the U.S. with the goal of expanding across the nation Massive Market 2 Market tailwinds and “once-in-a-generation” investment in transportation infrastructure. As AI market surges towa
Slide 21: Appendix
Appendix | i ¢
Slide 22: Rekor Discover Product Overview
Rekor Discover™ Product Overview Providing knowledge of roadways with AI-driven analytics Solution Overview Key Use Cases Automates Safe and Accurate Roadway Intelligence Rekor’s Edge devices offer both portable data capture and fixed Vehicle Class, Count, and Speed data capture to seamlessly unders
Slide 23: Rekor Command Product Overview
Rekor Command™ Product Overview Delivers critical incident data to traffic centers, first responders, and service patrol to keep citizens safer Solution Overview Key Value Drivers Enhancing Response Time with Actionable Intelligence Identifying & Predicting Roadway Incidents Provides comprehensive m
Slide 24: Rekor Scout Product Overview
Rekor Scout® Product Overview Enhancing public safety with AI-driven license plate and vehicle recognition Solution Overview Valuable Across Numerous Use Cases Law Enforcement License Plate Recognition on any IP Camera Rekor Scout® provides highly accurate, flexible, and affordable Accurate license
Slide 25: Rekor Hardware Edge Overview
Rekor Hardware Edge Overview Rekor Edge Flex: For Temporary Traffic Studies Provides portable data collection capturing up to six lanes of high-speed roadway data Rekor Edge Pro: For Neighborhoods and Businesses Complete license plate and vehicle recognition solution engineered for roadway speeds wh
Slide 26: REKOR.AI
=) REKOR INTELLIGENCE DRIVEN INNOVATION A NASDAQ COMPANY: REKR REKOR.AI