BK Technologies Corporation is an American holding company deeply rooted in the public safety communications industry, with its operating subsidiary manufacturing high-specification communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. BK Technologies is honored to serve our public safety heroes with reliable equipment when every moment counts. The Company’s common stock trades on the NYSE American market under the symbol “BKTI”. Maintaining its headquarters in West Melbourne, Florida, BK Technologies can be contacted through its web site at www.bktechnologies.com or directly at 1-800-821-2900.
Company profile
Ticker
BKTI
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
ADAGE INC, BK Technologies, Inc., RELM WIRELESS CORP
SEC CIK
Corporate docs
Subsidiaries
BK Technologies, Inc. • RELM Communications, Inc. • Tactical Capital Investments, LLC ...
IRS number
593486297
BKTI stock data
Latest filings (excl ownership)
8-K
BK Technologies Announces Reverse Stock Split
28 Mar 23
8-K
BKTI Fourth Quarter 2022 Earnings Call
17 Mar 23
10-K
2023 FY
Annual report
16 Mar 23
8-K
BK Technologies Announces Fourth Quarter and Year-End 2022 Results
16 Mar 23
424B5
Prospectus supplement for primary offering
31 Jan 23
8-K
Entry into a Material Definitive Agreement
31 Jan 23
8-K
BK Technologies Closes Out Year With Over 11,200 Radios Delivered in the Fourth
4 Jan 23
8-K
Entry into a Material Definitive Agreement
29 Nov 22
8-K
BK Technologies Corporation Third Quarter 2022 Earnings Conference Call
9 Nov 22
10-Q
2022 Q3
Quarterly report
4 Nov 22
Latest ownership filings
4/A
Scott A. Malmanger
24 Mar 23
4
Scott A. Malmanger
23 Mar 23
3
Scott A. Malmanger
20 Mar 23
SC 13G/A
HIRSCHMAN ORIN
3 Jan 23
4
Robert Joseph Jackson
2 Dec 22
4
Kyle Cerminara
30 Nov 22
4
Lloyd Roberts Sams
12 Sep 22
4
Kyle Cerminara
30 Aug 22
4
Robert Joseph Jackson
30 Aug 22
4
E. Gray Payne
30 Aug 22
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.92 mm | 1.92 mm | 1.92 mm | 1.92 mm | 1.92 mm | 1.92 mm |
| Cash burn (monthly) | 705.33 k | 721.83 k | 522.00 k | 924.33 k | 714.00 k | 750.00 k |
| Cash used (since last report) | 2.13 mm | 2.18 mm | 1.58 mm | 2.79 mm | 2.15 mm | 2.26 mm |
| Cash remaining | -210.59 k | -260.39 k | 342.68 k | -871.50 k | -236.75 k | -345.39 k |
| Runway (months of cash) | -0.3 | -0.4 | 0.7 | -0.9 | -0.3 | -0.5 |
Institutional ownership, Q4 2022
56.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 31 |
| Opened positions | 5 |
| Closed positions | 3 |
| Increased positions | 10 |
| Reduced positions | 7 |
| 13F shares | Current |
|---|---|
| Total value | 13.35 bn |
| Total shares | 9.64 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Fundamental Global GP | 2.63 mm | $8.57 mm |
| Hirschman Orin | 1.69 mm | $0.00 |
| AIGH Capital Management | 1.69 mm | $5.61 bn |
| Atria Wealth Solutions | 1.01 mm | $3.34 bn |
| Bard Associates | 590.28 k | $1.96 bn |
| Renaissance Technologies | 519.64 k | $1.73 mm |
| Uniplan Investment Counsel | 474.02 k | $1.57 mm |
| Worth Venture Partners | 416.01 k | $1.38 bn |
| Dimensional Fund Advisors | 208.95 k | $693.00 k |
| Geode Capital Management | 82.46 k | $273.00 k |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 22 Mar 23 | Scott A. Malmanger | Common Stock | Buy | Acquire P | No | No | 2.73 | 2,000 | 5.46 k | 2,000 |
| 22 Mar 23 | Scott A. Malmanger | Common Stock | Other | Dispose J | No | No | 2.73 | 2,000 | 5.46 k | 0 |
| 1 Dec 22 | Robert Joseph Jackson | Common Stock | Buy | Acquire P | Yes | No | 2.9 | 12,500 | 36.25 k | 658,415 |
| 29 Nov 22 | Fundamental Global GP | Common Stock, par value $0.60 per share | Buy | Acquire P | Yes | No | 2.73 | 7,120 | 19.44 k | 1,594,438 |
| 28 Nov 22 | Fundamental Global GP | Common Stock, par value $0.60 per share | Buy | Acquire P | Yes | No | 2.75 | 42,880 | 117.92 k | 1,587,318 |
News
Oxford Industries, Express And 3 Stocks To Watch Heading Into Friday
24 Mar 23
Looking Into BK Technologies, Inc. Common Stock's Return On Capital Employed
17 Mar 23
BK Technologies, Inc. Common Stock Q4 Sales $20.34M Beat $18.15M Estimate
16 Mar 23
Earnings Scheduled For March 16, 2023
16 Mar 23
A Preview Of BK Technologies, Inc. Common Stock's Earnings
15 Mar 23
Press releases
Strong Technical Services Facilitates Technology Renovation of Historic Prytania Theater in New Orleans
30 Mar 23
BK Technologies Receives $781,000 Order for KNG Series Mobile Radios from the California Department of Forestry and Fire Protection
29 Mar 23
BK Technologies Announces Reverse Stock Split
23 Mar 23
BK Technologies To Attend IWCE 2023
21 Mar 23
BK Technologies Announces Fourth Quarter and Year-End 2022 Results
16 Mar 23