OverviewSuggest Edit

Ballantyne Strong designs, integrates, and installs technology solutions for the cinema, retail, financial, advertising, and government markets. It operates in two segments, Cinema and Digital Media. The Cinema segment provides audio-visual products and accessories, such as digital projectors, projection screens, servers, library management systems, menu boards, flat panel displays, and sound systems, as well as network monitoring and on-site service for cinema equipment. The Digital Media segment offers digital signage solutions, including hardware, software, content distribution, management, network monitoring, and field services.
TypePublic
Founded1926
HQCharlotte, US
Websiteballantynestrong.com
Employee Ratings3

Latest Updates

Employees (est.) (Dec 2019)290(-1%)
Job Openings1
Revenue (FY, 2019)$62.6 M(-3%)
Share Price (Nov 2020)$1.9 (-2%)
Cybersecurity ratingAMore

Key People/Management at Ballantyne Strong

Mark Roberson

Mark Roberson

Chief Executive Officer
Ray F. Boegner

Ray F. Boegner

President of Strong Entertainment
Kyle Cerminara

Kyle Cerminara

Chairman
Todd Major

Todd Major

Chief Financial Officer
Lewis M. Johnson

Lewis M. Johnson

Co-Chairman of the Board of Directors
William J. Gerber

William J. Gerber

Director
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Ballantyne Strong Office Locations

Ballantyne Strong has offices in Charlotte, Omaha, Joliette, Vancouver and in 1 other location
Charlotte, US (HQ)
4201 Congress St #175
Omaha, US
11422 Miracle Hills Dr #300
Joliette, CA
1440 Rue Raoul Charette
Vancouver, CA
595 Burrard St #1703
Hong Kong, HK
4108 China Resources Building 26 Harbour Rd
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Ballantyne Strong Financials and Metrics

Ballantyne Strong Revenue

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Ballantyne Strong's revenue was reported to be $62.55 m in FY, 2019
USD

Revenue (Q2, 2020)

6.4m

Gross profit (Q2, 2020)

1.5m

Gross profit margin (Q2, 2020), %

22.7%

Net income (Q2, 2020)

(3.7m)

EBIT (Q2, 2020)

(2.1m)

Market capitalization (20-Nov-2020)

28.5m

Closing stock price (20-Nov-2020)

1.9

Cash (30-Jun-2020)

6.5m

EV

38.4m
Ballantyne Strong's current market capitalization is $28.5 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

76.7m72.6m64.7m62.6m

Revenue growth, %

(17%)(5%)(11%)

Cost of goods sold

55.1m53.7m52.5m44.1m

Gross profit

21.6m18.9m12.2m18.5m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

20.5m20.6m18.7m17.9m19.4m19.6m15.8m14.2m16.5m14.3m14.3m16.8m13.6m6.4m

Cost of goods sold

14.8m14.4m14.3m13.5m14.1m14.2m13.0m12.9m12.9m11.7m11.0m11.0m9.3m5.0m

Gross profit

5.8m6.1m4.4m4.4m5.3m5.3m2.9m1.3m3.5m2.6m3.2m5.8m4.3m1.5m

Gross profit Margin, %

28%30%23%25%27%27%18%9%21%18%23%35%31%23%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

7.6m4.9m6.7m5.0m

Accounts Receivable

16.8m10.8m13.8m12.9m

Inventories

6.6m4.8m3.5m2.9m

Current Assets

33.5m22.2m26.3m23.0m
Quarterly
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

290.0k(3.6m)(12.3m)(10.1m)

Depreciation and Amortization

2.2m2.1m2.7m3.5m

Inventories

718.0k1.5m1.0m770.0k

Accounts Payable

931.0k(1.7m)1.4m587.0k
USDQ1, 2016

Financial Leverage

1.5 x
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Ballantyne Strong Operating Metrics

FY, 2018

45” Double-Sided Digital Displays Operated

300
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Ballantyne Strong Acquisitions / Subsidiaries

Company NameDateDeal Size
ConvergentOctober 01, 2013
Strong Digital Media, LLC
Strong/MDI Screen Systems, Inc.
Strong Technical Services, Inc.

Ballantyne Strong Revenue Breakdown

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Ballantyne Strong revenue breakdown by business segment: 5.5% from Strong Outdoor, 26.3% from Convergent, 67.7% from Strong Cinema and 0.5% from Other

Ballantyne Strong revenue breakdown by geographic segment: 7.8% from Canada, 80.3% from United States and 11.9% from Other

Ballantyne Strong Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

Ballantyne Strong Online and Social Media Presence

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Ballantyne Strong News and Updates

Ballantyne Strong Reports Third Quarter 2020 Operating Results

Charlotte, NC, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company”) today announced financial results for the third quarter and nine months ended September 30, 2020.

Ballantyne Strong to Announce 2020 Third-Quarter Financial Results and Host Conference Call on November 12, 2020

Charlotte, NC, Oct. 30, 2020 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company”), a holding company with diverse business activities focused on serving the entertainment, retail and advertising markets, today announced that the Company will issue its 2020 third-quarter…

Ballantyne Strong to Announce 2020 Second-Quarter Financial Results and Host Conference Call on August 12, 2020

Charlotte, NC, July 31, 2020 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company”), a holding company with diverse business activities focused on serving the entertainment, retail and advertising markets, today announced that the Company will issue its 2020 second-quarte…

Ballantyne Strong Shareholder Announces Program To Purchase Additional Shares

Charlotte, NC, March 17, 2020 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company”) today announced that its largest shareholder, Fundamental Global Investors, LLC (“Fundamental Global”) entered into a stock trading plan in accordance with Rule 10b5-1 of the Securities E…

Ballantyne Strong Reports Third Quarter and Year to Date 2019 Operating Results

Charlotte, NC, Nov. 12, 2019 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company”) today announced financial results for the period ended September 30, 2019. The Company conducts its operations through three operating segments: Strong Cinema, Convergent and Strong Outdoo…

Ballantyne Strong to Announce Second Quarter 2019 Financial Results and Host Conference Call on August 14, 2019

Omaha, NE, Aug. 07, 2019 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company”), a holding company with diverse business activities focused on serving the cinema, retail, financial, advertising and government markets, today announced that the Company will issue its finan…

Ballantyne Strong Frequently Asked Questions

  • When was Ballantyne Strong founded?

    Ballantyne Strong was founded in 1926.

  • Who are Ballantyne Strong key executives?

    Ballantyne Strong's key executives are Mark Roberson, Ray F. Boegner and Kyle Cerminara.

  • How many employees does Ballantyne Strong have?

    Ballantyne Strong has 290 employees.

  • What is Ballantyne Strong revenue?

    Latest Ballantyne Strong annual revenue is $62.6 m.

  • What is Ballantyne Strong revenue per employee?

    Latest Ballantyne Strong revenue per employee is $215.7 k.

  • Who are Ballantyne Strong competitors?

    Competitors of Ballantyne Strong include HB Communications, Photronics and Dolby Laboratories.

  • Where is Ballantyne Strong headquarters?

    Ballantyne Strong headquarters is located at 4201 Congress St #175, Charlotte.

  • Where are Ballantyne Strong offices?

    Ballantyne Strong has offices in Charlotte, Omaha, Joliette, Vancouver and in 1 other location.

  • How many offices does Ballantyne Strong have?

    Ballantyne Strong has 5 offices.