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, NC, US
Websiteballantynestrong.com
Employee Ratings2.8

Latest Updates

Employees (est.) (Dec 2019)290(-1%)
Job Openings1
Revenue (FY, 2020)$21.5 M(-65%)
Share Price (Jun 2021)$4.7(-4%)
Cybersecurity ratingBMore

Key People/Management at Ballantyne Strong

Mark Roberson

Mark Roberson

Chief Executive Officer
Ray F. Boegner

Ray F. Boegner

President
Kyle Cerminara

Kyle Cerminara

Chairman
Todd Major

Todd Major

Chief Financial Officer
William J. Gerber

William J. Gerber

Director
Charles T. Lanktree

Charles T. Lanktree

Director
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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
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Ballantyne Strong Financials and Metrics

Ballantyne Strong Revenue

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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
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

76.7m72.6m64.7m62.6m21.5m

Revenue growth, %

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

Cost of goods sold

55.1m53.7m52.5m44.1m16.1m

Gross profit

21.6m18.9m12.2m18.5m5.4m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Revenue

20.5m20.6m18.7m17.9m19.4m19.6m15.8m14.2m16.5m14.3m14.3m16.8m13.6m6.4m4.8m

Cost of goods sold

14.8m14.4m14.3m13.5m14.1m14.2m13.0m12.9m12.9m11.7m11.0m11.0m9.3m5.0m3.6m

Gross profit

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

Gross profit Margin, %

28%30%23%25%27%27%18%9%21%18%23%35%31%23%24%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

7.6m4.9m6.7m5.0m4.4m

Accounts Receivable

16.8m10.8m13.8m12.9m5.6m

Inventories

6.6m4.8m3.5m2.9m2.3m

Current Assets

33.5m22.2m26.3m23.0m17.8m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

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

Depreciation and Amortization

2.2m2.1m2.7m3.5m1.1m

Inventories

718.0k1.5m1.0m770.0k26.0k

Accounts Payable

931.0k(1.7m)1.4m587.0k103.0k
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

B

89/100

SecurityScorecard logo

Ballantyne Strong Online and Social Media Presence

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Ballantyne Strong News and Updates

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.

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…

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.

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…

Ballantyne Strong Doubles Size of Technology Incubator and Co-working Facility

Plans to Significantly Expand Base of 40 Technology Startups and Small Companies

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…
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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.