Post by
Steady77 on Sep 09, 2021 3:07pm
GSI vs REKR (Nasdaq) - "Smart Cities" Comparison
REKR (Rekor) has a market cap of $550 million based on $20 million expected revenue for 2021 (similar revenue to GSI) or a price to sales is 28 times.
GSI has a market cap of $66 million or a price to sales of 3 times.
REKR is up 10% today after announcing a pilot project with Louisiana. REKR was founded only 4 years ago in 2017 and is headquartered in Maryland, USA.
REKR is expected to lose 48 cents per share vs somewhere between breakeven to slightly profitable for GSI.
GSI has an incredible amount of upside when larger contracts in the sales funnel are announced. At $550 million market cap, GSI's share price would be $6.
Comment by
HenoftheWoods on Sep 10, 2021 3:20pm
Thanks for your contributions Steady77. They are always appreciated. cheers, Hen