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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 (3)

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Latest Updates

Employees (est.) (Dec 2019)109(-2%)
Job Openings3
Revenue (FY, 2020)$44.1 M(+11%)
Share Price (Apr 2021)$4.9(-1%)
Cybersecurity ratingDMore

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 (FY, 2020)

44.1m

Gross profit (FY, 2020)

44.0m

Gross profit margin (FY, 2020), %

99.7%

Net income (FY, 2020)

248.0k

EBIT (FY, 2020)

1.0m

Market capitalization (23-Apr-2021)

57.4m

Closing stock price (23-Apr-2021)

4.9

Cash (31-Dec-2020)

6.8m

EV

53.8m
BK Technologies's current market capitalization is $57.4 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, 2020

Revenue

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

Cost of goods sold

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

Gross profit

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

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%
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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, 2020

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Inventories

13.0k12.2m12.5m11.3m12.3m13.5m12.9m11.4m10.9m10.3m11.7m11.6m12.3m13.8m17.0m15.9m13.3m14.8m14.8m15.2m15.3m12.8m10.7m12.2m13.3m14.5m10.9m9.5m
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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, 2020

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)

Depreciation and Amortization

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

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

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)
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USDQ2, 2011

Financial Leverage

1.2 x
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BK Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

D

63/100

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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

May 05, 2021

BK Technologies to Host First Quarter 2021 Conference Call on May 13, 2021

WEST MELBOURNE, FL, May 5, 2021 / BK Technologies Corporation (NYSE American: BKTI) will host an investor conference call on May 13, 2021, at 9:00 AM eastern time, to discuss its financial and operating results for the first quarter ended March 31, 2021. On the call will be Timothy Vitou, President,…
April 28, 2021

BK Technologies Expands American Manufacturing Announces Growing Surface Mount Capabilities; Strategic Initiative for U.S.-Based and Secure Supply Chain

WEST MELBOURNE, FL / ACCESSWIRE / April 28, 2021 / BK Technologies Corporation (NYSE American: BKTI) today announced that its American manufacturing operations in Florida has expanded printed circuit board (PCB) assembly capabilities and capacity with the addition of high-specification surface mount…
April 14, 2021

BK Technologies Receives Award for BKR 5000 Portable Communication Technology from Idaho Department of Lands

WEST MELBOURNE, FL / ACCESSWIRE / April 14, 2021 / BK Technologies Corporation (NYSE American: BKTI) announced today that its new BKR 5000 portable communications technology was selected by the Idaho Department of Lands (IDL). IDL is an organization that manages about 2.5 million acres of state endo…
April 08, 2021

BK Technologies BKR 5000 Selected by Washington Department of Natural Resources

WEST MELBOURNE, FL / ACCESSWIRE / April 8, 2021 / BK Technologies Corporation (NYSE American: BKTI) announced that its BKR 5000 has been selected for purchase and deployment by the Washington Department of Natural Resources (WA DNR), an organization with more than 5.6 million acres of forest, range,…
April 06, 2021

BK Technologies Awarded Contract Extension from Alberta Health Services

WEST MELBOURNE, FL / ACCESSWIRE / April 6, 2021 / BK Technologies Corporation (NYSE American: BKTI) today announced that its contract with Alberta Health Services (AHS) has been extended for an additional year. Under the contract, BK provides AHS with mission-critical P25 800MHz portable and mobile …
April 01, 2021

BK Technologies BKR 5000 Approved by U.S. Department of the Interior

WEST MELBOURNE, FL / ACCESSWIRE / April 1, 2021 / BK Technologies Corporation (NYSE American: BKTI) today announced it has received approval from the U.S. Department of the Interior (DOI) for its BKR 5000 Digital P25 communications technology. BK President Tim Vitou commented, “We are pleased to com…
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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.