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    Michael Latimore

    Managing Director and Senior Research Analyst at Northland Capital Markets

    Michael Latimore is a Managing Director and Senior Research Analyst at Northland Capital Markets, specializing in AI, communications SaaS, and technology sector research. He covers specific growth companies including C3.ai, MicroVision, SoundHound AI, Red Cat, Axon Enterprise, Symbotic, and Evolv Technologies, and has issued 476 stock ratings with an average potential upside of 30.17%, an average price target met ratio of 51.65%, and a record of notable calls such as a 320% return on SoundHound AI within 33 days. Latimore began his equity research career in 1996, served as CFO at CDC Corp. prior to joining Northland in 2008, and holds a J.D. from Mitchell Hamline School of Law and a B.A. from Johns Hopkins University. He is a FINRA-registered analyst recognized by platforms like Thomson Reuters and TipRanks for stock-picking performance.

    Michael Latimore's questions to Rekor Systems (REKR) leadership

    Michael Latimore's questions to Rekor Systems (REKR) leadership • Q2 2025

    Question

    Michael Latimore of Northland Capital Markets inquired about the drivers behind the strong sequential growth in Q2, the relative importance of the Discover versus Command platforms for second-half growth, key use cases for the Scout product, and the significance of the data-as-a-service model for the Discover pipeline.

    Answer

    CFO Eyal Hen stated that the Q2 growth was driven by their existing pipeline, following a weather-impacted Q1, and anticipates continued sequential growth across all three business lines (Discover, Command, and Scout). CEO Robert Berman added that the Scout product's focus is on the commercial sector, including car washes and fleet management. Berman also stressed that the data-as-a-service model is 'very important' for building recurring revenue and aligning with how government agencies prefer to procure services.

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    Michael Latimore's questions to DocGo (DCGO) leadership

    Michael Latimore's questions to DocGo (DCGO) leadership • Q4 2024

    Question

    Aditya Dagaonkar, on behalf of Michael Latimore, asked about the expected cash flow from operations as a percentage of EBITDA for 2025. He also inquired about the subcontracted labor expense as a percentage of total revenue.

    Answer

    CFO Norman Rosenberg explained that cash flow from operations is expected to be "significantly higher" in 2025 than the $70 million generated in 2024, driven by the collection of a large accounts receivable balance, particularly ~$150 million in migrant-related AR. He stated that subcontracted labor costs have dropped from over 40% at their peak to about 24% now, and he expects this to fall below 20% of revenue in Q1 2025.

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