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BK Technologies

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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 2019)109(-2%)
Revenue (FY, 2019)$40.1 M(-18%)
Share Price (Nov 2020)$3
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, 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 $40.10 m in FY, 2019
USD

Revenue (Q2, 2020)

9.9m

Gross profit (Q2, 2020)

4.3m

Gross profit margin (Q2, 2020), %

43.6%

Net income (Q2, 2020)

(302.0k)

EBIT (Q2, 2020)

(36.0k)

Market capitalization (20-Nov-2020)

37.8m

Closing stock price (20-Nov-2020)

3.0

Cash (30-Jun-2020)

6.9m

EV

34.1m
BK Technologies's current market capitalization is $37.8 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

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

Revenue growth, %

15%(4%)71%

Cost of goods sold

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

Gross profit

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

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Inventories

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

Net Income

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

Depreciation and Amortization

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

Inventories

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

Accounts Payable

(997.0k)(624.0k)(182.0k)453.0k882.0k(312.0k)4.0m(376.0k)(285.0k)
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

64/100

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BK Technologies Online and Social Media Presence

BK Technologies's Trends

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BK Technologies Blogs

November 12, 2020

BK Technologies Announces Q3 Revenue of $12.8 Million, Up 8% Year-Over-Year, Operating Income of $1.0 Million, Up 253% Year-Over-Year

WEST MELBOURNE, FL / ACCESSWIRE / November 12, 2020 / BK Technologies Corporation (NYSE American:BKTI) today announced financial and operating results for the third quarter and nine months ended September 30, 2020. The company will host a conference call today, November 12, 2020 at 9:00AM eastern ti…
November 04, 2020

BK Technologies to Host Third Quarter and Nine Months 2020 Conference Call on Thursday, November 12, 2020

WEST MELBOURNE, FL / ACCESSWIRE / November 4, 2020 / 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 …
October 14, 2020

BK Technologies Receives $1.5 Million Order From an Agency of the U.S. Department of Interior

WEST MELBOURNE, FL / ACCESSWIRE / October 14, 2020 /BK Technologies Corporation (NYSE American:BKTI) today announced that its operating subsidiary received an order totaling approximately $1.5 million dollars from a public safety agency of the U.S. Department of the Interior (DoI). The order is for …
October 06, 2020

BK Technologies Receives $1.1 Million Order from Tennessee State Agency For New BKR 5000 Portable Radio for First Responders

-Adds First Time Customer One-Month After Launch of the BKR 5000- -BKR 5000 First Model in New Line of Radios Incorporating Multi-Band Products Next Year- WEST MELBOURNE, FL / ACCESSWIRE / October 6, 2020 / BK Technologies Corporation (NYSE American:BKTI) today announced that its operating subsidiar…
August 31, 2020

BK Technologies Launches the BKR 5000 Portable Radio

Addressing Today’s Rigorous Mission-Critical Communications for First Responders WEST MELBOURNE, FL – August 31, 2020- BK Technologies Corporation (NYSE American: BKTI), a holding company with an operating subsidiary that designs, manufactures and markets two-way radio communications equipment for p…
August 25, 2020

BK Technologies to Present at The LD 500 Virtual Conference

WEST MELBOURNE, FL – August 25, 2020 – BK Technologies Corporation (NYSE American: BKTI) today announced that John Struble, Chairman and William Kelly, Executive Vice President and Chief Financial Officer, will be presenting at the LD 500 investor conference at 2PM on Thursday September 3, 2020. Joh…
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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 $40.1 m.

  • What is BK Technologies revenue per employee?

    Latest BK Technologies revenue per employee is $367.9 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.