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BK Technologies Corp (A:BKTI)

Business Focus: Communications & Networking

Sector:  Technology Industry:  Communications & Networking
 
See Regulatory Filings on SEC
Company Contact
Address: 7100 Technology Dr
WEST MELBOURNE FL 32904-1525
Tel: N/A
Website: https://www.bktechnologies.com
IR: See website
Key People
N/A    
Business Overview
BK Technologies Corporation is a holding company. The Company, through BK Technologies, Inc., its operating subsidiary, provides public safety grade communications products and services. Its two business units include radio and software as a service (SaaS). The radio business unit designs, manufactures and markets American-made wireless communications products consisting of two-way land mobile radios (LMRs). The SaaS business unit focuses on delivering public safety smartphone applications which operate ubiquitously over the public cellular networks. Its SaaS service, InteropONE, is a Push-to-talk-Over-Cellular (PTTOC) SaaS service, which provides emergency incident commanders the capability to establish group push-to-talk communications between at-large smartphone users directly from their smartphone. It's BKRplay is a public safety smartphone application which provides access to the InteropONE service. The Company offers products under the Company brand name BK Technologies.
Financial Overview
For the three months ended 31 March 2024, BK Technologies Corp revenues decreased 3% to $18.2M. Net income totaled $681K vs. loss of $1.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net Income reflects Selling, general and administrative decrease of 10% to $5.3M (expense), Loss on investments decrease of 19% to $91K (expense).