RE:RE:REKR pays $15M for ITS firm that makes $1M EBITDA/qtrI just think that Souther Traffic Services is not the kind of company that they want to add.
Also, never really looked at REKR but their financials look bleak. Good for them to have doubled their annual revenues for 14% of their market cap value. However, this leaves them without cash and they're burning like $10M in cash per quarter. Even if you add the $1M in EBITDA from their acquisition, they'll need over $20M just to get by this year.