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 2022 Operating Results; Revenue Increases 110%
- Ballantyne Strong to Announce 2022 First Quarter Financial Results and Host Conference Call on May 11, 2022
- Ballantyne Strong Announces Public Filing of Registration Statement for Proposed Initial Public Offering of Strong Global Entertainment, Inc.
- Ballantyne Strong Reports Fourth Quarter and Year End 2021 Operating Results
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)
Rotunda Building, 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 (13-May-2022) | 56.3m |
Closing stock price (13-May-2022) | 3.0 |
Cash (31-Mar-2021) | 22.3m |
EV | 42.8m |
Ballantyne Strong's current market capitalization is $56.3 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: 67.7% from Strong Cinema, 26.3% from Convergent, 5.5% from Strong Outdoor and 0.5% from Other
Ballantyne Strong revenue breakdown by geographic segment: 80.3% from United States, 7.8% from Canada and 11.9% from Other
Ballantyne Strong Cybersecurity Score
Ballantyne Strong Online and Social Media Presence
Ballantyne Strong's Trends
Ballantyne Strong News and Updates
May 11, 2022
Ballantyne Strong Reports First Quarter 2022 Operating Results; Revenue Increases 110%
Charlotte, NC, May 11, 2022 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company” or “Ballantyne Strong”) today announced operating results for the first quarter ended March 31, 2022.
May 02, 2022
Ballantyne Strong to Announce 2022 First Quarter Financial Results and Host Conference Call on May 11, 2022
Charlotte, NC, May 02, 2022 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company”) today announced that the Company will issue its 2022 first quarter financial results after the market close on Wednesday, May 11, 2022. The Company’s financial results and an accompanying s…
April 07, 2022
Ballantyne Strong Announces Public Filing of Registration Statement for Proposed Initial Public Offering of Strong Global Entertainment, Inc.
Charlotte, NC, April 07, 2022 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (“Ballantyne” or the “Company”), the current parent of Strong Global Entertainment, Inc. (“Strong Global Entertainment”) announced today that Strong Global Entertainment has publicly filed a registration…
March 24, 2022
Ballantyne Strong Reports Fourth Quarter and Year End 2021 Operating Results
Charlotte, NC, March 24, 2022 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company” or “Ballantyne Strong”) today announced operating results for the fourth quarter and full year ended December 31, 2021.
March 17, 2022
Ballantyne Strong to Announce 2021 Fourth-Quarter Financial Results and Host Conference Call on March 24, 2022
Charlotte, NC, March 17, 2022 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company”) today announced that the Company will issue its 2021 fourth-quarter financial results after the market close on Thursday, March 24, 2022. The Company’s financial results and an accompanyi…
March 07, 2022
Ballantyne Strong Launches Strong Studios to Develop, Produce and Distribute Original Feature Films and Series
30-Year Industry Executive David Ozer Appointed President
Ballantyne Strong Blogs
April 27, 2022
Strong Technical Services Partners with GDC Technology Limited to Deploy Digital Cinema Servers to Caribbean Cinemas
Charlotte, NC – April 27, 2022 – Strong Technical Services “(STS”), a wholly-owned subsidiary of Ballantyne Strong, Inc. (NYSE American: BTN) (“Ballantyne” or the “Company”), today announced its partnership with GDC Technology Limited (“GDC”) for the deployment of digital cinema servers to Caribbean…
April 26, 2022
STRONG/MDI to Open a New Screen Finishing Facility in Belgium with Lemmens S.A. to Service Europe and the Middle East
Joliette, Quebec, Canada – April 26, 2022 – STRONG/MDI Screen Systems, Inc. (“STRONG/MDI”) a wholly-owned subsidiary of Ballantyne Strong, Inc. (“Ballantyne Strong” or the “Company”) (NYSE American: BTN) and a leader in manufacturing state-of-the-art cinema screens, announced today that it has enter…
February 10, 2022
STRONG Technical Services Completes Projection System Upgrade for Showplace Entertainment
Charlotte, NC – February 10, 2022 – STRONG Technical Services, Inc., (“STS”) a wholly-owned subsidiary of Ballantyne Strong, Inc. (the “Company”) (NYSE American: BTN) and a leader in entertainment equipment sales, engineering, and services completed the sale and installation of 38 projection systems…
February 03, 2022
STRONG/MDI and IMAX Produce the Tallest IMAX Screen in the World
Joliette, Quebec, Canada – February 3, 2022 – STRONG/MDI Screen Systems, Inc. (“STRONG/MDI”) a wholly-owned subsidiary of Ballantyne Strong, Inc. (“Ballantyne Strong”) (NYSE American: BTN) and a leader in manufacturing of state-of-the-art cinema screens announced that it has produced and delivered t…
November 16, 2021
Ballantyne Strong Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering of Strong Global Entertainment, Inc.
Charlotte, NC, November 16, 2021 – Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company” or “Ballantyne”), the parent of Strong Global Entertainment, Inc. (“Strong Global Entertainment”) announced today that the Company has confidentially submitted a draft registration statement on Form S-1 to…
November 10, 2021
Ballantyne Strong Reports Third Quarter 2021 Operating Results
Strong Entertainment business strengthening post-COVID Investment gains driving positive earnings Charlotte, NC, November 10, 2021 – Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company” or “Ballantyne Strong”) today announced operating results for the third quarter ended September 30, 2021. R…
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 CCS Presentation Systems, HB Communications and Photronics.
Where is Ballantyne Strong headquarters?
Ballantyne Strong headquarters is located at Rotunda Building, 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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