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BK Technologies

OverviewSuggest Edit

BK Technologies (formerly RELM Wireless) designs and manufactures wireless communication products, principally two-way land mobile radios (LMR), sold to two market segments: the government and public safety markets, including homeland security, fire, rescue, law enforcement and emergency medical personnel as well as military and various agencies of the federal, state and local governments; and the business, industrial and commercial markets, including disaster recovery, railroads, educational institutions, hotels, construction companies and airlines.

TypePublic
Founded1997
HQMelbourne, FL, USMap
Websitebktechnologies.com
View Jobs (2)

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Employees (est.) (Dec 2019)109(-2%)
Job Openings2
Revenue (FY, 2020)$44.1 M(+11%)
Share Price (Jul 2021)$3.2(+2%)
Cybersecurity ratingFMore

Key People/Management at BK Technologies

Timothy A. Vitou

Timothy A. Vitou

President
William P. Kelly

William P. Kelly

Executive Vice President, Chief Financial Officer & Secretary
Branko Avanic

Branko Avanic

Chief Technology Officer
James E. Gilley

James E. Gilley

Chief Scientist
Randy Willis

Randy Willis

Chief Operations Officer
D. Kyle Cerminara

D. Kyle Cerminara

Chairman
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BK Technologies Office Locations

BK Technologies has an office in Melbourne
Melbourne, FL, US (HQ)
7100 Technology Dr
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BK Technologies Financials and Metrics

BK Technologies Revenue

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BK Technologies's revenue was reported to be $44.14 m in FY, 2020
USD

Revenue (Q1, 2021)

8.6m

Gross profit (Q1, 2021)

3.1m

Gross profit margin (Q1, 2021), %

36.2%

Net income (Q1, 2021)

(694.0k)

EBIT (Q1, 2021)

(877.0k)

Market capitalization (28-Jul-2021)

53.7m

Closing stock price (28-Jul-2021)

3.2

Cash (31-Mar-2021)

6.4m

EV

47.7m
BK Technologies's current market capitalization is $53.7 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

24.1m27.6m27.0m31.0m29.7m50.7m39.4m49.4m40.1m44.1m

Revenue growth, %

15%(4%)71%

Cost of goods sold

14.0m164.0k140.0k9.0k54.0k180.0k149.0k38.0k194.0k126.0k

Gross profit

10.1m27.4m26.9m31.0m29.7m50.5m39.2m49.3m39.9m44.0m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Revenue

4.7k7.0m4.4m9.3m8.1m7.1m6.2m7.6m7.8m9.1m8.7m8.6m6.6m7.6m12.1m16.7m14.7m7.4m10.8m11.8m11.7m13.7m13.3m7.6m13.3m11.8m10.9m9.9m8.6m

Cost of goods sold

3.0k3.5m2.7m4.7m4.1m3.8m3.5m4.3m4.7m5.2m4.9m4.9m4.2m4.1m8.2m11.1m10.1m5.1m6.3m8.0m6.9m7.8m7.8m5.2m7.6m6.7m7.0m5.6m5.5m

Gross profit

1.7k3.5m1.7m4.6m4.0m3.2m2.7m3.3m3.1m3.9m3.8m3.7m2.4m3.5m3.8m5.6m4.6m2.2m4.5m3.8m4.8m5.9m5.5m2.4m5.7m5.1m3.9m4.3m3.1m

Gross profit Margin, %

35%50%38%50%50%46%44%43%40%43%44%43%36%46%32%34%31%30%42%32%41%43%41%32%43%43%36%44%36%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

2.7m6.6m7.9m11.4m4.7m10.9m7.1m11.3m4.7m6.8m

Accounts Receivable

4.2m2.1m2.8m3.3m4.1m1.6m5.5m5.7m4.0m6.5m

Prepaid Expenses

526.0k915.0k1.9m1.9m3.1m772.0k2.4m1.7m1.9m

Inventories

12.1m13.3m11.6m12.1m16.3m14.0m14.4m11.5m13.5m9.4m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Cash

4.2k4.9m3.5m4.4m6.2m4.5m5.8m7.6m8.0m9.2m10.9m10.7m11.7m7.9m6.3m9.1m8.6m8.3m7.5m8.9m8.1m10.7m11.3m7.5m7.4m8.8m4.9m6.9m6.4m

Accounts Receivable

2.5k3.3m2.1m5.6m4.6m5.0m3.5m3.8m5.5m6.3m4.5m5.7m3.4m4.2m7.2m5.9m6.2m3.3m5.3m7.0m7.7m7.0m7.4m5.0m5.1m2.9m4.6m3.6m4.6m

Prepaid Expenses

505.0k553.0k982.0k937.0k678.0k1.0m1.4m1.6m1.8m2.1m1.7m2.5m2.6m3.1m1.9m1.8m1.0m884.0k843.0k760.0k871.0k1.6m2.5m2.1m1.8m1.8m1.4m1.8m

Inventories

13.0k12.2m12.5m11.3m12.3m13.5m12.9m11.4m10.9m10.3m11.7m11.6m12.3m13.8m17.0m15.9m13.3m14.8m14.8m15.2m15.3m12.8m10.7m12.2m13.3m14.5m10.9m9.5m10.5m
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(493.0k)2.1m1.1m1.6m1.0m2.7m(3.6m)(195.0k)(2.6m)248.0k

Depreciation and Amortization

1.4m420.0k1.5m1.2m914.0k942.0k942.0k921.0k1.2m1.3m

Inventories

354.0k1.3m(1.6m)546.0k4.2m(2.1m)508.0k(2.9m)2.2m3.9m

Accounts Payable

(997.0k)(624.0k)(182.0k)453.0k882.0k(312.0k)4.0m(376.0k)(285.0k)(191.0k)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Net Income

(1.5k)(628.0k)(401.0k)845.0k1.7m405.0k602.0k1.1m475.0k1.1m1.8m538.0k617.0k829.0k513.0k1.9m2.6m(1.3m)50.0k650.0k(443.0k)503.0k1.2m(1.3m)(1.6m)(1.3m)(1.2m)(1.5m)(694.0k)

Depreciation and Amortization

704.01.1m317.0k641.0k975.0k369.0k740.0k1.1m297.0k615.0k930.0k218.0k443.0k697.0k214.0k456.0k718.0k229.0k471.0k727.0k211.0k439.0k702.0k256.0k575.0k896.0k320.0k661.0k298.0k

Inventories

1.1k385.0k437.0k(914.0k)174.0k148.0k(436.0k)(1.8m)(710.0k)1.3m(118.0k)537.0k(186.0k)(1.7m)(785.0k)320.0k2.9m(785.0k)(843.0k)(1.3m)(929.0k)1.6m3.7m(715.0k)(1.8m)(3.1m)2.5m3.9m(1.4m)

Accounts Payable

(826.0)(1.3m)(360.0k)406.0k795.0k610.0k(194.0k)(194.0k)740.0k762.0k898.0k103.0k487.0k1.2m1.9m2.3m526.0k673.0k899.0k3.8m(1.1m)(2.4m)(2.5m)602.0k1.2m1.3m(474.0k)(838.0k)299.0k
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USDQ2, 2011

Financial Leverage

1.2 x
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BK Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

F

56/100

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BK Technologies Online and Social Media Presence

BK Technologies's Trends

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BK Technologies News and Updates

March 25, 2021

Global Land Mobile Radio Market (2021 to 2025) - Featuring BK Technologies, Motorola Solutions and Sepura Among Others

Dublin, March 25, 2021 (GLOBE NEWSWIRE) -- The "Global Land Mobile Radio Market 2021-2025" report has been added to ResearchAndMarkets.com's offering. The publisher has been monitoring the land mobile radio market and it is poised to grow by $7.38 billion during 2021-2025 progressing at a CAGR of …

BK Technologies Blogs

July 29, 2021

Redmond, OR Fire & Rescue Selects BK Technologies’ BKR 5000

WEST MELBOURNE, FL / ACCESSWIRE / July 13, 2021 / BK Technologies Corporation (NYSE American: BKTI) today announced that Redmond Fire & Rescue in Redmond, OR has selected BK’s new BKR 5000 portable communications technology for purchase and deployment.  In addition to the city of Redmond, the de…
July 27, 2021

Tennessee Valley Authority Selects BK Technologies’ BKR 5000

WEST MELBOURNE, FL / ACCESSWIRE / July 27, 2021 / BK Technologies Corporation (NYSE American: BKTI) today announced that the Tennessee Valley Authority (“TVA”) has placed an order for its new BKR 5000 portable communications technology. BK President Tim Vitou commented, “We’re pleased to begin worki…
July 20, 2021

BK Technologies Appoints Mobile Communications Industry Veteran John Suzuki as Chief Executive Officer

Former JVC Kenwood Exec Tasked with Driving Sales Growth and M&A Strategy WEST MELBOURNE, FL / ACCESSWIRE / July 19, 2021 / BK Technologies Corporation (NYSE American: BKTI) today announced the appointment of John Suzuki as Chief Executive Officer (CEO), effective July 19, 2021. Mr. Suzuki is a …
July 13, 2021

Farsouth Fire & Rescue Department Selects BK Technologies’ BKR 5000

WEST MELBOURNE, FL / ACCESSWIRE / July 13, 2021 / BK Technologies Corporation (NYSE American: BKTI) today announced that Farsouth Fire & Rescue has selected BK’s new BKR 5000 portable communications technology for purchase and deployment.  Farsouth is a volunteer fire station located in Chaparra…
July 08, 2021

BK Technologies Names General Payne Chairman

-Retired Marine Corps Major General with Extensive Experience – WEST MELBOURNE, FL / ACCESSWIRE / July 8, 2021 / BK Technologies Corporation (NYSE American: BKTI) today announced that board member General Gray Payne has been named Chairman of the Board of Directors.  General Payne replaces John W. S…
July 06, 2021

U.S. Department of the Interior Bureau of Land Management to Deploy BK Technologies’ BKR 5000

WEST MELBOURNE, FL / ACCESSWIRE / July 6, 2021 / BK Technologies Corporation (NYSE American: BKTI) today announced that the United States Department of the Interior Bureau of Land Management (“BLM”) has chosen BK’s new BKR 5000 portable communications technology for purchase and deployment.  The BLM…
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 BK Technologies Frequently Asked Questions

  • When was BK Technologies founded?

    BK Technologies was founded in 1997.

  • Who are BK Technologies key executives?

    BK Technologies's key executives are Timothy A. Vitou, William P. Kelly and Branko Avanic.

  • How many employees does BK Technologies have?

    BK Technologies has 109 employees.

  • What is BK Technologies revenue?

    Latest BK Technologies annual revenue is $44.1 m.

  • What is BK Technologies revenue per employee?

    Latest BK Technologies revenue per employee is $404.9 k.

  • Who are BK Technologies competitors?

    Competitors of BK Technologies include Aviat Networks, Ceragon Networks and Airspan Networks.

  • Where is BK Technologies headquarters?

    BK Technologies headquarters is located at 7100 Technology Dr, Melbourne.

  • Where are BK Technologies offices?

    BK Technologies has an office in Melbourne.

  • How many offices does BK Technologies have?

    BK Technologies has 1 office.