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
BKTI First Quarter 2023 Earnings Call
10 May 23
8-K
BK Technologies Announces First Quarter 2023 Results
4 May 23
10-Q
2023 Q1
Quarterly report
4 May 23
NT 10-K
Notice of late annual filing
2 May 23
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
Latest ownership filings
4
Scott A. Malmanger
15 May 23
4
John M Suzuki
11 May 23
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
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Revenue | |||||
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| 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) | 2.82 mm | 2.82 mm | 2.82 mm | 2.82 mm | 2.82 mm | 2.82 mm |
| Cash burn (monthly) | (no burn) | 294.50 k | 423.33 k | 743.17 k | (no burn) | 428.92 k |
| Cash used (since last report) | n/a | 583.87 k | 839.30 k | 1.47 mm | n/a | 850.37 k |
| Cash remaining | n/a | 2.24 mm | 1.98 mm | 1.35 mm | n/a | 1.97 mm |
| Runway (months of cash) | n/a | 7.6 | 4.7 | 1.8 | n/a | 4.6 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 12 May 23 | Scott A. Malmanger | Common Stock | Buy | Acquire P | No | No | 13 | 400 | 5.20 k | 400 |
| 9 May 23 | John M Suzuki | Common Stock, par value $0.60 per share | Buy | Acquire P | No | No | 13.49 | 2,350 | 31.70 k | 9,432 |
| 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 |
News
BK Technologies Q1 EPS $(0.07) Up From $(0.23) YoY, Sales $18.72M Up From $6.58M YoY
4 May 23
Earnings Scheduled For May 4, 2023
4 May 23
12 Information Technology Stocks Moving In Friday's Intraday Session
28 Apr 23
BK Technologies Receives $970,000 Order For BKR 5000 Radios From The Oregon/Washington Bureau Of Land Management
25 Apr 23
Oxford Industries, Express And 3 Stocks To Watch Heading Into Friday
24 Mar 23
Press releases
BK Technologies Awarded Purchase Order for Delivery of 2,700 BKR5000 Radios from USDA Forest Service
23 May 23
FG Group Holdings Reports First Quarter 2023 Operating Results
15 May 23
FG Group Holdings to Announce 2023 First Quarter Financial Results and Host Conference Call
12 May 23
BK Technologies to Attend Inaugural EF Hutton Global Conference in New York City
5 May 23
BK Technologies Announces First Quarter 2023 Results
4 May 23