BK Technologies Corporation
Description
BK Technologies Corporation, through its subsidiary, BK Technologies, Inc., engages in design, manufacture, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR) that are hand-held (portable) or installed in vehicles (mobile). It offers KNG Series and BKR Series radios that operate in both the P25 digital and analog modes which are used primarily in government, public safety, and military applications; and BK radio products for intellectual property applications. The company's KNG and BKR-branded products serves government markets, including emergency response, public safety, homeland security and military customers of federal, and state and municipal government agencies, as well as various industrial and commercial enterprises. In addition, it provides InteropONE, a Push-to-Talk-Over-Cellular (PTTOC) SaaS service, that provides emergency incident commanders to establish group PTTOC between smartphone users directly from their smartphone. The company was incorporated in 1997 and is based in West Melbourne, Florida.
About
CEO
Mr. John M. Suzuki
Employees
145
Instrument type
Common Stock
Sector
Technology
Industry
Communication Equipment
MIC code
XASE
Address
7100 Technology Drive, West Melbourne, FL 32904, United States
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![Enlarged Chart]()
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Summary
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Moving Averages
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Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 12, 2025 | — | — | — | — |
| Aug 6, 2025 | — | — | — | — |
| May 7, 2025 | — | — | — | — |
| Mar 12, 2025 | — | — | — | — |
| Mar 18, 2024 | 0.25 | -0.30 | -0.55 | -220.00% |
Earnings estimate
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Next Year
(Dec 2025)
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|---|---|---|---|---|
| Number of analysts | — | — | — | 0 |
| Average estimate | — | — | — | 0.00 |
| Low estimate | — | — | — | 0.00 |
| High estimate | — | — | — | 0.00 |
| Last year EPS | — | — | — | — |
[stock_revenue_estimate]
Growth estimates
Current qtr
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Next qtr.
—
Current year
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Next year (Dec 2025)
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Next 5 years (per annum)
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Past 5 years (per annum)
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Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 74.09M | 50.95M | 45.36M | 44.14M | 40.10M |
| Cost of revenue | 51.86M | 41.11M | 29.10M | 26.11M | 24.45M |
| Gross profit | 22.24M | 9.84M | 16.26M | 18.03M | 15.65M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 23.01M | 20.93M | 17.46M | 17.04M | 20.04M |
| Other operating expenses | — | — | — | — | — |
| Operating income | -777,000 | -11.08M | -1.20M | 994,000 | -4.39M |
| Non operating interest income | |||||
| Income | — | — | — | — | 150,000 |
| Expense | 575,000 | 144,000 | 53,000 | 8,000 | — |
| Other income expense | -824,000 | -408,000 | -265,000 | -789,000 | 612,000 |
| Pretax income | -2.18M | -11.63M | -1.51M | 197,000 | -3.62M |
| Tax provision | 54,000 | — | 187,000 | 3,000 | -987,000 |
| Net income | -2.23M | -11.63M | -1.70M | 194,000 | -2.64M |
| Basic EPS | -0.65 | -3.45 | -0.55 | 0.10 | -1.05 |
| Diluted EPS | -0.65 | -3.45 | -0.55 | 0.10 | -1.05 |
| Basic average shares | 3.43M | 3.38M | 2.99M | 2.51M | 2.54M |
| Diluted average shares | 3.43M | 3.38M | 2.99M | 2.51M | 2.54M |
| EBITDA | 774,000 | -9.75M | 377,000 | 2.96M | -3.88M |
| Net income from continuing op. | -2.23M | -11.63M | -1.70M | 194,000 | -2.64M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 49.41M | 48.83M | 50.39M | 38.59M | 37.94M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 3.46M | 1.92M | 10.58M | 6.83M | 4.68M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 7.90M | 10.62M | 8.23M | 6.47M | 3.96M |
| Other receivables | — | — | — | — | — |
| Inventory | 23.95M | 22.11M | 16.98M | 10.55M | 13.51M |
| Prepaid assets | — | — | 1.63M | 1.88M | 1.73M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 1.89M | 1.58M | 1.63M | 1.88M | 1.73M |
| Non current assets | |||||
| Properties | 1.56M | 1.99M | 2.40M | 2.89M | 2.89M |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | 17.79M | 15.72M | 14.12M | 11.97M | 12.43M |
| Construction in progress | — | — | — | — | — |
| Leases | 659,000 | 614,000 | 586,000 | 727,000 | 732,000 |
| Accumulated depreciation | -13.09M | -11.45M | -10.15M | -9.13M | -9.20M |
| Goodwill | — | — | — | — | — |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | — | — | — | — | — |
| Investments and advances | 742,000 | 1.48M | 1.80M | 2.01M | 2.64M |
| Other non current assets | 4.54M | 4.26M | 4.21M | 4.41M | 4.57M |
| Total liabilities | 28.10M | 28.70M | 17.77M | 14.97M | 14.66M |
| Current liabilities | |||||
| Accounts payable | 9.82M | 12.90M | 5.88M | 5.12M | 5.31M |
| Accrued expenses | 1.09M | 1.29M | 1.47M | 1.10M | 1.73M |
| Short term debt | 7.07M | 6.62M | 2.18M | 607,000 | 447,000 |
| Deferred revenue | 1.14M | 1.02M | 1.05M | 757,000 | 369,000 |
| Tax payable | 1.30M | 1.14M | 1.10M | 1.64M | 1.27M |
| Pensions | — | 1.14M | 1.10M | 1.64M | 1.27M |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 1.26M | 2.11M | 2.87M | 2.95M | 2.93M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | — | — | — | — | — |
| Shareholders equity | |||||
| Common stock | 2.32M | 2.21M | 10.98M | 8.38M | 8.36M |
| Retained earnings | -24.21M | -21.98M | -8.82M | -5.69M | -6.04M |
| Other shareholders equity | — | — | — | — | — |
| Total shareholders equity | 21.31M | 20.14M | 32.62M | 23.63M | 23.28M |
| Additional paid in capital | 48.60M | 45.30M | 35.86M | 26.35M | 26.10M |
| Treasury stock | 5.40M | 5.40M | 5.40M | 5.40M | 5.13M |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 | 1984 | 1983 | 1982 | 1981 | 1979 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||||||||||||||
| Net Income | -2.23M | -11.63M | -1.70M | 194,000 | -2.64M | -195,000 | -3.63M | 2.69M | 1.04M | 1.62M | 1.14M | 2.07M | -493,000 | -660,000 | 2.36M | -1.63M | 1.85M | 3.43M | 10.29M | 7.88M | 868,000 | -3.63M | 122,000 | -1.43M | -2.30M | -5.60M | -14.80M | -4.00M | 1.10M | -1.00M | -300,000 | 900,000 | 600,000 | 1.70M | -4.60M | — | — | — | — | — | — | — | — | — | — |
| Depreciation | 1.64M | 1.42M | 1.39M | 1.34M | 1.22M | 921,000 | 942,000 | 942,000 | 914,000 | 1.19M | 1.48M | 1.36M | 1.41M | 811,000 | 672,000 | 384,000 | 390,000 | 531,000 | 548,000 | 678,000 | 675,000 | 787,000 | — | 1.43M | 1.50M | 1.30M | 1.80M | 2.80M | 2.40M | 3.20M | 2.70M | 2.70M | 1.80M | 1.90M | — | — | — | — | — | — | — | — | — | — | — |
| Deferred Taxes | — | — | 184,000 | 73,000 | -878,000 | -178,000 | -1.16M | 1.12M | 328,000 | 875,000 | 500,000 | 763,000 | -368,000 | 12,000 | 1.41M | -1.30M | 946,000 | 2.34M | -4.93M | -6.26M | — | — | — | — | — | — | 3.90M | -700,000 | 400,000 | -800,000 | -100,000 | -1.00M | 200,000 | -300,000 | — | — | — | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | 1.14M | 404,000 | 559,000 | 142,000 | 253,000 | 248,000 | 131,000 | 49,000 | 57,000 | 46,000 | 42,000 | 27,000 | 172,000 | 281,000 | 55,000 | 64,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 150,000 | — | — | — | — | 153,000 | 76,000 | 180,000 | 57,000 | 46,000 | 42,000 | 67,000 | 148,000 | 288,000 | 250,000 | 433,000 | 559,000 | 1.13M | — | — | — | — | — | — | — | 200,000 | 2.30M | -600,000 | -800,000 | -500,000 | 100,000 | 200,000 | -200,000 | 100,000 | 200,000 | — | — | — | — | — | — | — | — | — | — |
| Accounts Receivable | 2.71M | -2.56M | -1.76M | -2.50M | 1.76M | -197,000 | -2.08M | 657,000 | -856,000 | -387,000 | -827,000 | 2.10M | -255,000 | -150,000 | -2.00M | 121,000 | 1.59M | 1.95M | -1.84M | -799,000 | -2.11M | 4.30M | 115,000 | -1.75M | 1.30M | 1.90M | 3.30M | -2.00M | 1.60M | -2.10M | -4.20M | 300,000 | — | 200,000 | — | — | — | — | — | — | — | — | — | — | — |
| Accounts Payable | -3.08M | 7.02M | 764,000 | -191,000 | -285,000 | -376,000 | 4.00M | -312,000 | 882,000 | 453,000 | -182,000 | -624,000 | -997,000 | 1.50M | -599,000 | 688,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | 310,000 | -4.36M | -7.26M | 5.22M | -1.95M | 4.77M | -1.27M | 3.21M | -4.30M | 48,000 | 660,000 | -621,000 | -35,000 | -5.41M | 2.91M | -1.10M | -2.49M | -685,000 | -1.83M | 1.46M | 1.92M | 913,000 | -570,000 | 3.12M | -2.50M | -1.60M | 6.20M | 3.50M | -600,000 | -3.10M | -2.20M | — | 1.40M | -3.60M | — | — | — | — | — | — | — | — | — | — | — |
| Operating Cash Flow | 645,000 | -9.71M | -7.82M | 4.28M | -2.52M | 5.15M | -2.99M | 8.53M | -1.88M | 3.89M | 2.85M | 5.13M | -416,000 | -3.32M | 5.05M | -2.33M | 2.84M | 8.70M | 2.24M | 2.95M | 1.35M | 2.37M | -333,000 | 1.38M | -2.00M | -3.80M | 2.70M | -1.00M | 4.10M | -4.30M | -4.00M | 3.10M | 3.80M | — | -4.40M | — | — | — | — | — | — | — | — | — | — |
| Investing Activities | |||||||||||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -2.12M | -1.75M | -2.34M | -946,000 | -2.46M | -1.40M | -628,000 | -1.39M | -1.09M | -697,000 | -338,000 | -375,000 | -215,000 | -465,000 | -357,000 | -432,000 | -862,000 | -224,000 | -515,000 | -330,000 | -170,000 | -155,000 | -87,000 | 5.69M | -200,000 | -1.40M | 4.90M | -700,000 | -700,000 | -1.90M | -2.70M | -5.00M | -2.00M | -3.00M | 300,000 | — | — | — | — | — | — | — | — | — | — |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | -364,000 | — | -1.15M | -1.53M | -1.73M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -2.02M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | — | — | — | — | -3.74M | — | -481,000 | -2.76M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -2.40M | -3.10M | -400,000 | — | — | — | — | — | — | — | — | — | — | — |
| Sale of Investments | — | — | — | — | — | 8.34M | 2.64M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 800,000 | — | — | — | 200,000 | — | 500,000 | 2.30M | 1.00M | 400,000 | — | — | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | -2.12M | -1.75M | -2.34M | -946,000 | -2.46M | 3.20M | 2.01M | -1.88M | -3.85M | -697,000 | -338,000 | -375,000 | -215,000 | -465,000 | -357,000 | -432,000 | -862,000 | -224,000 | -515,000 | -315,000 | -163,000 | -271,000 | -72,000 | 4.39M | 1.10M | -900,000 | 4.90M | 300,000 | 6.30M | -2.00M | -400,000 | -4.40M | -7.20M | 10.80M | 4.10M | — | — | — | — | — | — | — | — | — | — |
| Financing Activities | |||||||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | — | — | 5.74M | 2.20M | 425,000 | — | — | — | — | — | — | — | 1.50M | 2.00M | — | 1.50M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -74.97M | -5.61M | -3.73M | -2.27M | -19,000 | — | — | — | — | — | — | — | -3.50M | — | -1.50M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | — | — | — | — | — | — | — | — | — | — | — | — | — | 20,000 | -1.50M | — | — | — | — | — | -73,000 | 2.02M | — | -4,000 | — | — | — | -100,000 | -100,000 | — | -700,000 | 3.20M | -3.00M | -200,000 | — | — | — | — | — | — | — | — | — | — | — |
| Financing Cash Flow | -73.97M | -3.52M | 14.41M | -1.35M | -1.65M | -4.37M | -3.49M | -2.61M | 92,000 | 144,000 | 52,000 | 23,000 | -5.50M | 2.11M | -4.50M | 1.51M | -6.58M | 229,000 | 72,000 | 3.37M | 245,000 | 2.02M | — | -4,000 | — | — | — | -100,000 | — | — | -1.30M | 2.90M | -3.70M | -100,000 | 100,000 | — | — | — | — | — | — | — | — | — | — |
| Other Cash Details | |||||||||||||||||||||||||||||||||||||||||||||
| End Cash Position | 3.46M | 1.92M | 10.58M | 6.83M | 4.68M | 11.27M | 7.15M | 10.91M | 4.67M | 11.36M | 7.95M | 6.58M | 2.69M | 5.05M | 7.66M | 5.48M | 8.45M | 13.27M | 5.28M | 3.14M | 1.29M | 1.63M | 335,000 | 208,000 | — | 500,000 | — | — | — | — | — | 600,000 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Income Tax Paid | — | — | — | — | — | — | — | 50,000 | 25,000 | — | — | 92,000 | — | 11,000 | 50,000 | 38,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 660,000 | 190,000 | 53,000 | 22,000 | 10,000 | — | — | — | — | — | — | 4,000 | 107,000 | 30,000 | 47,000 | 7,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | -462,000 | -10.75M | -8.72M | 3.50M | -4.94M | 3.89M | -2.91M | 9.33M | -4.03M | 3.27M | 1.31M | 3.87M | -357,000 | -4.72M | 3.69M | -4.49M | 1.76M | 7.75M | 2.77M | 1.99M | 108,000 | 1.38M | 205,000 | -678,000 | -3.00M | -1.40M | 500,000 | -400,000 | -1.50M | 3.40M | -7.00M | -4.50M | -200,000 | -2.10M | -2.60M | — | — | — | — | — | — | — | — | — | — |
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BK Technologies Corporation (BKTI) Q3 2024 Earnings Call Transcript
BK Technologies Corporation (NYSE:BKTI ) Q3 2024 Earnings Conference Call November 14, 2024 9:00 AM ET Company Participants John Nesbett - IMS Investor Relations John Suzuki - President & Chief Executive Officer Scott Malmanger - Chief Financial Officer Conference Call Participants Aaron Martin - AIGH Investment Partners Samir Patel - Askeladden Capital Erik Voss - Mission Vertical Operator Good morning, ladies and gentlemen, and welcome to the BK Technologies Corporation Conference Call for the Third Quarter 2024. This call is being recorded.
Nov 14, 2024
