Rekor Systems, Inc. (REKR) vs VirnetX Holding Corp (VHC)

Rekor Systems, Inc. and VirnetX Holding Corp are both Software Infrastructure companies. Rekor Systems, Inc. is the larger, with a market value of $59.2M against $51.6M — 1.1× the size. VirnetX Holding Corp grew revenue faster over the last twelve months: 1,925.0% against 9.78%. VirnetX Holding Corp has the higher net margin (0.00% vs −43.8%) and the lower return on invested capital (−1,098.1% vs −31.3%). Across the 18 metrics below, Rekor Systems, Inc. leads on 11 and VirnetX Holding Corp on 7.

Valuation

Metric REKR VHC Software Infrastructure median
P/E n/m n/m 28.02
P/S 1.10 242.72 3.07
P/B 1.61 2.61 3.36
Price to free cash flow n/m n/m 17.12
EV/EBITDA n/m n/m 14.91
EV/Sales 1.21 156.99 3.03
Earnings yield (41.00%) (51.49%) 0.13%
Free cash flow yield (23.59%) (41.87%) 1.15%

Profitability

Metric REKR VHC Software Infrastructure median
Gross margin 58.24% 100.00% 61.23%
Operating margin (39.36%) 0.00% 0.00%
Net margin (43.84%) 0.00% 0.00%
Free cash flow margin (26.07%) 0.00% 1.67%
Return on equity (62.82%) (82.13%) 0.59%
Return on assets (28.29%) (61.14%) 0.00%
Return on invested capital (31.31%) (1,098.09%) 0.00%

Growth

Metric REKR VHC Software Infrastructure median
Revenue growth (TTM) 9.78% 1,925.00% 13.41%
EPS growth (last fiscal year) 63.38% 0.99% —
Revenue growth, 5-year CAGR 39.31% (77.83%) 15.81%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric REKR VHC Software Infrastructure median
Debt to equity 0.44 0.00 0.06
Current ratio 0.78 6.24 1.55
Net debt to EBITDA 0.08 1.11 0.08

Dividend

Metric REKR VHC Software Infrastructure median
Dividend yield — — 1.53%
Payout ratio 0.00 0.00 0.00

Size

Metric REKR VHC Software Infrastructure median
Market cap 59.24m 51.57m 835.96m

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