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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, USMap
Websitebktechnologies.com
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Employees (est.) (Dec 2018)112
Revenue (FY, 2018)$49.4 M(+26%)
Share Price (Nov 2019)$3.2 (-1%)

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
Jim R. Holthaus

Jim R. Holthaus

Chief Technology Officer
James E. Gilley

James E. Gilley

Chief Scientist
Randy Willis

Randy Willis

Chief Operations Officer
D. Kyle Cerminara

D. Kyle Cerminara

Co-Chairman
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BK Technologies Office Locations

BK Technologies has an office in Melbourne
Melbourne, 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 $49.38 m in FY, 2018
USD

Revenue (Q3, 2019)

11.8m

Gross profit (Q3, 2019)

5.1m

Gross profit margin (Q3, 2019), %

43.3%

Net income (Q3, 2019)

238.0k

EBIT (Q3, 2019)

295.0k

Market capitalization (15-Nov-2019)

40.1m

Closing stock price (15-Nov-2019)

3.2

Cash (30-Sep-2019)

8.8m

EV

34.0m
BK Technologies's current market capitalization is $40.1 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

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

Revenue growth, %

15%(4%)71%

Cost of goods sold

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

Gross profit

10.1m27.4m26.9m31.0m29.7m50.5m39.2m49.3m
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, 2019

Revenue

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

Cost of goods sold

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

Gross profit

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

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%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Inventories

12.1m13.3m11.6m12.1m16.3m14.0m14.4m11.5m
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, 2019

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Inventories

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

Net Income

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

Depreciation and Amortization

1.4m420.0k1.5m1.2m914.0k942.0k942.0k921.0k

Inventories

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

Accounts Payable

(997.0k)(624.0k)(182.0k)453.0k882.0k(312.0k)4.0m(376.0k)
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, 2019

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)

Depreciation and Amortization

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

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)

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
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USDY, 2019

EV/EBIT

115.3 x

EV/CFO

34.1 x

Financial Leverage

1.6 x
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BK Technologies Online and Social Media Presence

BK Technologies's Trends

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BK Technologies Blogs

November 15, 2019

BK Technologies Featured in Space Coast Business

This past month, BK Technologies and our president, Tim Vitou was proudly featured in Space Coast Business, a publication dedicated to highlighting business success in Brevard County. Space Coast Business aims to showcase companies at the forefront of emerging technology and greener business initiat…
November 06, 2019

BK Technologies Reports Third Quarter and Nine Months 2019 Results

WEST MELBOURNE, Florida – November 6, 2019 – BK Technologies Corporation (NYSE American: BKTI) today announced financial and operating results for the third quarter and nine months ended September 30, 2019. For the third quarter ended September 30, 2019, revenues totaled approximately $11.8 million,…
October 31, 2019

BK Technologies to Host Third Quarter 2019 Conference Call on Thursday, November 7, 2019

WEST MELBOURNE, FL, ACCESSWIRE, October 31, 2019 BK Technologies Corporation (NYSE American:BKTI), a holding company with an operating subsidiary that designs, manufactures and markets two-way radio communications equipment, will host an investor conference call to discuss its operating results for …
October 31, 2019

BK Technologies Appoints New Chief Technology Officer

WEST MELBOURNE, FL / ACCESSWIRE / October 31, 2019 / BK Technologies Corporation (NYSE American:BKTI), a holding company with an operating subsidiary that designs, manufactures and markets two-way radio The post BK Technologies Appoints New Chief Technology Officer appeared first on BK Technologies.
September 11, 2019

Product Focus: KNG2

BK Technologies is honored to serve our local everyday heroes in the public safety industry. Our cutting edge products allow for a streamlined and versatile means of communication for a variety of public safety agencies. Among these products, the KNG2 portable radio shines in its interoperability an…
September 11, 2019

Thanks for Coming to See us at APCO 2019

                We deeply appreciate the opportunity to share and learn more about the cutting edge of public safety communications equipment among peers and fellow public safety organizations including emergency communications personnel, law enforcement, fire service, and EMS professionals.    We w…
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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 Jim R. Holthaus.

  • How many employees does BK Technologies have?

    BK Technologies has 112 employees.

  • What is BK Technologies revenue?

    Latest BK Technologies annual revenue is $49.4 m.

  • What is BK Technologies revenue per employee?

    Latest BK Technologies revenue per employee is $440.9 k.

  • Who are BK Technologies competitors?

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