BK Technologies Corp

BK Technologies Corp. is a holding company, which engages in the provision of two-way radio communications equipment. It offers product to the fire, EMS, police, federal, and municipalities agencies. The company was founded on October 24, 1997 and is headquartered in West Melbourne, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

BK Technologies reports 184% revenue growth, aims for $100M by 2025

BK Technologies demonstrated strong revenue growth and a focus on product certification and market expansion. However, the company needs to address profitability and operational efficiency while capitalizing on the potential of its products in the public safety sector.

BKTI reports 57% revenue growth in Q2 2023 earnings call

BKTI's Q2 2023 showed robust revenue growth and significant achievements in product certifications and large orders. However, challenges in gross margin performance and financial losses need to be addressed. The company's focus on cost reduction and plans for production ramp-up present opportunities for improvement.

BK Technologies Corporation reports robust Q3 performance and strategic shifts

BK Technologies Corporation delivered strong Q3 2023 results, marked by significant revenue growth, improved gross margin, and progress in the SaaS business unit. The company's strategic decision to shift production operations and the anticipation of achieving the high end of the annual shipment target position it for continued success and growth.

BK Technologies Corp reports robust Q2 performance and strategic growth plans

BK Technologies Corp's Q2 2024 performance reflects strong growth, improved margins, and operational efficiency, positioning the company for continued success.
With a focus on enhancing profitability, reducing costs, and exploring strategic opportunities, BK Technologies Corp is poised to navigate challenges and capitalize on growth prospects.
The company's solid liquidity position, successful product traction, and strategic initiatives underscore its resilience and potential for sustained performance in the market.

BK Technologies Corp reports robust Q3 earnings and growth prospects

BK Technologies Corp delivered strong financial results in Q3 2024 with improved gross margins and solid earnings.
The company's transition to East West manufacturing is driving margin improvement and operational efficiency.
While facing challenges in meeting revised targets, BK Technologies Corp is well-positioned for growth.
Opportunities in backlog delivery, margin enhancement, and product demand offer avenues for future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

WEST MELBOURNE, FL / ACCESSWIRE / May 6, 2021 / BK Technologies Corporation (NYSE American: BKTI) announces its BKR 5000 communications technology has passed Alaska's ‘ALMR' testing. BK President Tim Vitou commented, "We're thrilled to be certified for use by ALMR, whose mission is to provide reliable and secure interoperable communications for first responders in Alaska, the largest state in the US by area, covering over 600,000 square miles.

BK Technologies' BKR5000 Passes Alaska's 'ALMR' Testing

WEST MELBOURNE, FL / ACCESSWIRE / May 5, 2021 / BK Technologies Corporation (NYSE American:BKTI) will host an investor conference call on May 13, 2021, at 9:00 AM eastern time, to discuss its financial and operating results for the first quarter ended March 31, 2021. On the call will be Timothy Vitou, President, and William Kelly, Executive Vice President and Chief Financial Officer.

BK Technologies to Host First Quarter 2021 Conference Call on May 13, 2021

WEST MELBOURNE, FL / ACCESSWIRE / April 28, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that its American manufacturing operations in Florida has expanded printed circuit board (PCB) assembly capabilities and capacity with the addition of high-specification surface mount technology (SMT) equipment. The expansion is anticipated to double capacity and allow for additional production shifts.

BK Technologies Expands American Manufacturing Announces Growing Surface Mount Capabilities; Strategic Initiative for U.S.-Based and Secure Supply Chain

WEST MELBOURNE, FL / ACCESSWIRE / April 21, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced receipt of an award from the National Interagency Fire Center (NIFC) for the purchase of BK's KNG2-P150 and KNG2-P400 communications technology solutions. BK President Tim Vitou commented, "We are pleased to supply NIFC with our KNG2 products.

BK Technologies Awarded Business from the National Interagency Fire Center for KNG2 Series Portable Communications Technology Solutions

WEST MELBOURNE, FL / ACCESSWIRE / April 14, 2021 / BK Technologies Corporation (NYSE American:BKTI) announced today that its new BKR 5000 portable communications technology was selected by the Idaho Department of Lands (IDL). IDL is an organization that manages about 2.5 million acres of state endowment trust land and provides fire protection and prevention on more than 6.0 million acres in Idaho.

BK Technologies Receives Award for BKR 5000 Portable Communication Technology from Idaho Department of Lands

WEST MELBOURNE, FL / ACCESSWIRE / April 8, 2021 / BK Technologies Corporation (NYSE American:BKTI) announced that its BKR 5000 has been selected for purchase and deployment by the Washington Department of Natural Resources (WA DNR), an organization with more than 5.6 million acres of forest, range, agricultural, aquatic, and commercial lands benefitting public schools, state institutions, and county services. BK President Tim Vitou commented, "We are delighted to announce this BKR 5000 order from a longstanding customer.

BK Technologies BKR 5000 Selected by Washington Department of Natural Resources

WEST MELBOURNE, FL / ACCESSWIRE / April 6, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that its contract with Alberta Health Services (AHS) has been extended for an additional year. Under the contract BK provides AHS with mission critical P25 800MHz portable and mobile communication technology.

BK Technologies Awarded Contract Extension from Alberta Health Services

WEST MELBOURNE, FL / ACCESSWIRE / April 1, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced it has received approval from the U.S. Department of the Interior (DOI) for its BKR 5000 Digital P25 communications technology. BK President Tim Vitou commented, "We are pleased to complement our recent NIFC Fire Approval with the DOI's favorable test results, providing the necessary approval for DOI agency purchases, including high-risk fire and law enforcement use.

BK Technologies BKR 5000 Approved by U.S. Department of the Interior

WEST MELBOURNE, FL / ACCESSWIRE / March 30, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that its BKR 5000 has been selected for purchase and deployment by the Kentucky Chapter of a global environmental organization with more than 1 million members in over 70 countries. BK President Tim Vitou commented, "We are pleased to announce this BKR 5000 order from a global environmental organization that works closely with federal government agencies, such as the USDA/U.S. Forest Service and U.S. Department of Interior agencies.

BK Technologies BKR5000 Selected for Deployment by a Global Environmental Organization

WEST MELBOURNE, FL / ACCESSWIRE / March 26, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that it has been awarded a new service contract by the United States Department of Agriculture Forest Service (USFS) for the maintenance and repair of BK Technologies products. Replacing the previous service contract, which expired, the new contract provides for a period of performance extending through June 13, 2024 and does not specify firm service dates or quantities.

BK Technologies Awarded Service Contract from the USDA Forest Service

WEST MELBOURNE, FL / ACCESSWIRE / March 23, 2021 / BK Technologies Corporation (NYSE American:BKTI) has received ‘fire approval' from the U.S. National Interagency Fire Center (NIFC) for BK's BKR 5000 communications technology. BK President Tim Vitou commented, "Our Engineering team worked closely with the NIFC team to achieve the status of ‘Fire Approved' for interagency fire use.

BK Technologies Receives 'Fire Approval' from NIFC: BKR 5000 Approved for Interagency Fire and Forest Health Protection Use

WEST MELBOURNE, FL / ACCESSWIRE / March 16, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that a new municipal fire & rescue customer in the state of Idaho selected the BK Technologies BKR 5000 Digital P-25 portable to fulfill its emergency fire communications requirements. BK President Tim Vitou commented, "Idaho ranked number two in the nation for the percentage of homes (26%) at a high or extreme risk from wildfires in 2018.

BK Technologies Secures Business from a New Municipal Fire & Rescue Customer in Idaho For New BKR 5000

WEST MELBOURNE, FL / ACCESSWIRE / March 11, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that its operating subsidiary received an order from a new strategic customer in the state of California for BK's new BKR 5000 Digital P-25 portable communications technology. BK President Tim Vitou commented, "We take great pride in our role of supplying mission critical communication solutions to First Responders protecting counties in the great state of California, as we have for so many years; now continuing with our new BKR 5000 portable communications technology.

BK Technologies Awarded Order from a County in California For New BKR 5000

WEST MELBOURNE, FL / ACCESSWIRE / March 8, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced it has accepted preorders for its BKR 9000 multiband communications technology for public safety markets, launching this year, from two new customers in Idaho. BK President Tim Vitou commented, "We are thrilled to announce these first BKR 9000 preorders from two new customers in Idaho.

BK Technologies Announces First Preorders from New Customers for the New Multiband BKR 9000

WEST MELBOURNE, FL / ACCESSWIRE / March 4, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced its new Technology Innovation Center located in South Florida. The primary initial focus of the Center is the completion this year of the BKR 9000, which, coupled with the new BKR 5000, allows BK to expand into new vertical markets totaling an estimated $1.2 billion.

BK Technologies Announces Technology Innovation Center to Expand into New Addressable Markets Totaling $1.2 Billion

WEST MELBOURNE, FL / ACCESSWIRE / March 3, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced financial and operating results for the fourth quarter and year ended December 31, 2020. The Company will host a conference call tomorrow, March 4, 2021 at 9:00AM eastern time.

BK Technologies Announces FY 2020 Revenue of $44.1 Million up 10% Year-Over-Year; Q4 Revenue of $10.6 Million Up 43% Year-Over-Year; Operating Income of $0.9 Million Improves by $3.3 Million Year-over-Year

News for BK Technologies Corp Stock (BKTI)