bk technologies is deeply rooted in the public safety communications industry and manufactures high specification communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies, as well as radios for use in a wide range of commercial and industrial applications. advances include a broad new line of leading digital two way radios compliant with apco project 25 specifications. bk technologies’ products are manufactured and distributed worldwide under bk radio and relm brand names. the company maintains its headquarters in west melbourne, florida and can be contacted through its web site at www.relm.com or directly at 1 800 821 2900. the company’s common stock trades on the nyse mkt market under the symbol “rwc”.
Company profile
Ticker
BKTI
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
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 Fourth Quarter and Year End 2023 Results
14 Mar 24
10-K
2023 FY
Annual report
14 Mar 24
8-K
Other Events
29 Jan 24
8-K
Departure of Directors or Certain Officers
3 Jan 24
8-K
Submission of Matters to a Vote of Security Holders
14 Dec 23
8-K
Third Quarter 2023 Earnings Call
13 Nov 23
8-K
BK Technologies Announces Third Quarter 2023 Results
9 Nov 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
BK Technologies Signs Transformational Agreement With East West Manufacturing
8 Nov 23
DEFA14A
Additional proxy soliciting materials
2 Nov 23
Transcripts
BKTI
Earnings call transcript
2023 Q4
14 Mar 24
BKTI
Earnings call transcript
2023 Q3
9 Nov 23
BKTI
Earnings call transcript
2023 Q2
10 Aug 23
BKTI
Earnings call transcript
2023 Q1
4 May 23
BKTI
Earnings call transcript
2023 Q1
4 May 23
BKTI
Earnings call transcript
2022 Q4
16 Mar 23
BKTI
Earnings call transcript
2022 Q3
3 Nov 22
BKTI
Earnings call transcript
2022 Q2
14 Aug 22
BKTI
Earnings call transcript
2022 Q1
13 May 22
BKTI
Earnings call transcript
2021 Q4
17 Mar 22
Latest ownership filings
4
John M Suzuki
26 Mar 24
4
Scott A. Malmanger
26 Mar 24
SC 13G
Fundamental Global GP, LLC
22 Mar 24
SC 13D/A
Fundamental Global GP, LLC
21 Mar 24
4
Lloyd Roberts Sams
9 Feb 24
4
Robert Joseph Jackson
9 Feb 24
4
Charles T Lanktree
9 Feb 24
4
Scott A. Malmanger
9 Feb 24
4
John M Suzuki
9 Feb 24
4
Branko Avanic
9 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
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Net 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) | 4.07 mm | 4.07 mm | 4.07 mm | 4.07 mm | 4.07 mm | 4.07 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 298.50 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | 2.06 mm | n/a | n/a |
Cash remaining | n/a | n/a | n/a | 2.01 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | n/a | 6.7 | n/a | n/a |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 19 |
Opened positions | 2 |
Closed positions | 10 |
Increased positions | 0 |
Reduced positions | 15 |
13F shares | Current |
---|---|
Total value | 13.58 bn |
Total shares | 5.36 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 | 330.90 k | $5.48 bn |
Atria Wealth Solutions | 197.33 k | $3.27 bn |
Uniplan Investment Counsel | 122.37 k | $2.03 mm |
Bard Associates | 122.09 k | $2.02 bn |
Renaissance Technologies | 97.87 k | $1.62 mm |
Worth Venture Partners | 81.95 k | $1.36 bn |
Dimensional Fund Advisors | 46.47 k | $769.48 mm |
Geode Capital Management | 15.50 k | $256.60 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 Mar 24 | Scott A. Malmanger | Common Stock | Grant | Acquire A | No | No | 10 | 551 | 5.51 k | 2,729 |
25 Mar 24 | John M Suzuki | Common Stock | Grant | Acquire A | No | No | 10 | 4,159 | 41.59 k | 23,781 |
6 Feb 24 | Branko Avanic | Non- Qualified Stock Option Common Stock | Grant | Acquire A | No | No | 12.27 | 10,000 | 122.70 k | 10,000 |
6 Feb 24 | Joshua Horowitz | Common Stock | Grant | Acquire A | No | No | 0 | 7,335 | 0.00 | 23,335 |
6 Feb 24 | E. Gray Payne | Common Stock | Grant | Acquire A | No | No | 0 | 7,335 | 0.00 | 29,791 |
Press releases
BK Technologies Receives Two Purchase Orders from USDA Forest Service for a Total of 5,620 BKR 5000 Radios
2 Apr 24
BK Technologies Unveils BKRplay IntelliPTT Feature Enabling Push-To-Talk-Over Broadband Capabilities for BKR 5000 and BKR 9000 Customers
21 Mar 24
BK Technologies Announces Fourth Quarter and Year End 2023 Results
14 Mar 24
BK Technologies Receives Purchase Order for BKR 9000 Radios from Boulder County, Colorado
5 Mar 24
BK Technologies to Host Fourth Quarter and Full Year 2023 Conference Call on Thursday, March 14, 2024
29 Feb 24