Sign in

    K.C. Ambrecht

    Research Analyst at Shay Capital

    K.C. Ambrecht is an Analyst at Shay Capital LLC with a focus on equity research, maintaining active coverage on companies like Rekor Systems Inc. With a specialization in technology and innovative solution providers, Ambrecht provides in-depth analysis and investment insights, though specific performance metrics and rankings remain undisclosed. Ambrecht's professional trajectory at Shay Capital began prior to 2023, following a background in financial research and advisory, although details on prior firms are limited. Professional credentials and securities licenses have not been publicly listed, and there is no public record of notable industry awards or recognitions.

    K.C. Ambrecht's questions to Rekor Systems (REKR) leadership

    K.C. Ambrecht's questions to Rekor Systems (REKR) leadership • Q2 2024

    Question

    Asked about the financial impact of the large $35M contract, its hardware/SaaS mix, the size of the Texas and Georgia opportunities, the structure of the new financing facilities, and the company's timeline to profitability.

    Answer

    The $35M contract revenue will be recognized as units are deployed and is primarily hardware upfront with a 3-year SaaS component. Texas represents an enormous opportunity. Georgia is a very large, long-standing customer. The financing involves a prepaid advance (equity) and a separate revenue-sharing note facility with Ziegler. Profitability is targeted for late 2024 but may slip into early 2025.

    Ask Fintool Equity Research AI