Ballantyne Strong
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.
| Type | Public | |
| Founded | 1926 | |
| HQ | Charlotte, NC, US | Map |
| Website | ballantynestrong.com | |
| Employee Ratings | More |
Recent NewsAll News
- Ballantyne Strong Reports First Quarter 2021 Operating Results
- Ballantyne Strong to Announce 2021 First-Quarter Financial Results and Host Conference Call on May 6, 2021
- Ballantyne Strong Reports Fourth Quarter and Full Year 2020 Operating Results
- Ballantyne Strong to Announce 2020 Fourth-Quarter Financial Results and Host Conference Call on March 10, 2021
Key People/Management at Ballantyne Strong
Mark Roberson
Chief Executive Officer
Ray F. Boegner
President
Kyle Cerminara
Chairman
Todd Major
Chief Financial Officer
William J. Gerber
Director
Charles T. Lanktree
Director
Ballantyne Strong Office Locations
Ballantyne Strong has offices in Charlotte, Omaha, Joliette, Vancouver and in 1 other location
Charlotte, NC, US (HQ)
4201 Congress St #175
Omaha, NE, US
11422 Miracle Hills Dr #300
Joliette, CA
1440 Rue Raoul Charette
Vancouver, CA
2900-595 Burrard St
Hong Kong, HK
4108 China Resources Building 26 Harbour Rd
Ballantyne Strong Financials and Metrics
Ballantyne Strong Revenue
Ballantyne Strong's revenue was reported to be $21.5 m in FY, 2020
| USD | |
|---|---|
Revenue (Q1, 2021) | 4.8m |
Gross profit (Q1, 2021) | 1.2m |
Gross profit margin (Q1, 2021), % | 24.3% |
Net income (Q1, 2021) | 11.8m |
EBIT (Q1, 2021) | (1.8m) |
Market capitalization (11-Jun-2021) | 86.0m |
Closing stock price (11-Jun-2021) | 4.7 |
Cash (31-Mar-2021) | 22.3m |
EV | 72.5m |
Ballantyne Strong's current market capitalization is $86 m.
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 20.5m | 20.6m | 18.7m | 17.9m | 19.4m | 19.6m | 15.8m | 14.2m | 16.5m | 14.3m | 14.3m | 16.8m | 13.6m | 6.4m | 4.8m |
Cost of goods sold | 14.8m | 14.4m | 14.3m | 13.5m | 14.1m | 14.2m | 13.0m | 12.9m | 12.9m | 11.7m | 11.0m | 11.0m | 9.3m | 5.0m | 3.6m |
Gross profit | 5.8m | 6.1m | 4.4m | 4.4m | 5.3m | 5.3m | 2.9m | 1.3m | 3.5m | 2.6m | 3.2m | 5.8m | 4.3m | 1.5m | 1.2m |
Gross profit Margin, % | 28% | 30% | 23% | 25% | 27% | 27% | 18% | 9% | 21% | 18% | 23% | 35% | 31% | 23% | 24% |
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 20.8m | 12.8m | 13.8m | 4.5m | 2.8m | 4.0m | 3.3m | 6.8m | 5.7m | 5.0m | 2.9m | 4.4m | 6.5m | 6.5m | 22.3m |
Accounts Receivable | 10.9m | 14.6m | 12.5m | 16.6m | 16.9m | 15.5m | 10.7m | 10.8m | 14.5m | 12.4m | 13.6m | 13.3m | 10.3m | 7.2m | 4.6m |
Inventories | 11.0m | 7.8m | 8.1m | 7.0m | 7.0m | 7.0m | 4.2m | 3.7m | 3.9m | 3.6m | 3.5m | 3.4m | 2.8m | 3.0m | 2.3m |
Current Assets | 45.5m | 39.9m | 38.4m | 31.2m | 32.2m | 28.6m | 20.4m | 23.5m | 26.7m | 24.0m | 22.4m | 23.5m | 22.8m | 20.6m | 31.1m |
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (613.0k) | 220.0k | (250.0k) | 387.0k | (1.6m) | (2.6m) | (3.8m) | (10.5m) | (11.8m) | (4.1m) | (7.6m) | (9.4m) | (447.0k) | (4.2m) | |
Depreciation and Amortization | 602.0k | 1.1m | 1.7m | 482.0k | 1.0m | 1.6m | 524.0k | 1.1m | 2.5m | 795.0k | 1.6m | 2.5m | 989.0k | 2.0m | 274.0k |
Inventories | (1.2m) | (522.0k) | (733.0k) | (514.0k) | (170.0k) | (134.0k) | 537.0k | 557.0k | 413.0k | (145.0k) | (19.0k) | (96.0k) | (118.0k) | (254.0k) | (53.0k) |
Accounts Payable | 240.0k | 1.4m | (205.0k) | 2.3m | 2.5m | 1.2m | 256.0k | 582.0k | 171.0k | (592.0k) | (316.0k) | 1.6m | 1.3m | 234.0k | (743.0k) |
| USD | Q1, 2016 |
|---|---|
Financial Leverage | 1.5 x |
Ballantyne Strong Operating Metrics
| FY, 2018 | |
|---|---|
45” Double-Sided Digital Displays Operated | 300 |
Ballantyne Strong Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Convergent | October 01, 2013 | |
| Strong Digital Media, LLC | ||
| Strong/MDI Screen Systems, Inc. | ||
| Strong Technical Services, Inc. |
Ballantyne Strong Revenue Breakdown
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
Ballantyne Strong Online and Social Media Presence
96 Twitter followers
Ballantyne Strong has 96 Twitter Followers. The number of followers has increased 0.8% month over month and increased 1.1% quarter over quarter
Ballantyne Strong's Trends
Ballantyne Strong News and Updates
May 06, 2021
Ballantyne Strong Reports First Quarter 2021 Operating Results
Charlotte, NC, May 06, 2021 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company” or “Ballantyne Strong”) today announced financial results for the first quarter ended March 31, 2021.
April 27, 2021
Ballantyne Strong to Announce 2021 First-Quarter Financial Results and Host Conference Call on May 6, 2021
Charlotte, NC, April 27, 2021 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company”) today announced that the Company will issue its 2021 first-quarter financial results after the market close on Thursday, May 6, 2021. The Company’s financial results and an accompanying s…
March 10, 2021
Ballantyne Strong Reports Fourth Quarter and Full Year 2020 Operating Results
Charlotte, NC, March 10, 2021 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company” or “Ballantyne Strong”) today announced financial results for the fourth quarter and year ended December 31, 2020.
March 02, 2021
Ballantyne Strong to Announce 2020 Fourth-Quarter Financial Results and Host Conference Call on March 10, 2021
Charlotte, NC, March 02, 2021 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company”), a diversified holding company with operations and investments across a broad range of industries, today announced that the Company will issue its 2020 fourth-quarter financial results af…
February 10, 2021
Ballantyne Strong Doubles Size of Technology Incubator and Co-working Facility
Plans to Significantly Expand Base of 40 Technology Startups and Small Companies
February 04, 2021
Ballantyne Strong, Inc. Announces Pricing of Public Offering
Charlotte, NC, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (“Ballantyne Strong” or the “Company”) today announced the pricing of its underwritten public offering of 3,290,000 shares of its common stock at a public offering price of $2.30 per share, for gross proc…
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 $21.5 m.
What is Ballantyne Strong revenue per employee?
Latest Ballantyne Strong revenue per employee is $74.1 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.
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