Bk Technologies Corporation · AMEX:BKTI
Bk Technologies — Investor Presentation (September 2020)
18 slides from Bk Technologies's investor presentation, Sep 3, 2020
Slide 1: Investor Presentation September 2020
INVESTOR PRESENTATION September 2020 ; te “M/ hh, o r ; , / m/f a, y a »* p y ’ WY, ‘4 ’ a 4 s 7 ’ 4 p *s ‘ Ny, ths. , < % Y bd , se a, - _ ,
Slide 2: Forward-looking Statements
LS//SLaL9 LRLS1 TN PP BEY TTR. // La B= Bice cca tee nck ae Forward-looking Statements This presentation contains certain forward-looking statements that are made pursuant to the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements concer
Slide 3: Use of Non-GAAP Measures
LVVLS9 FEL11 TW TPP OEY TTR. // Sa 82 Dear cai tee ac ae Use of Non-GAAP Measures This presentation includes certain supplemental financial measures, including EBITDA, Adjusted EBITDA, and EBITDA margin, that are neither required by nor presented in accordance with United States generally accepted a
Slide 4: Highlights
LMYVTLS9 ELT PY APY TT. / 7 Sa BS BPM dp iy tier Ment Highlights = Revenue growth since 2015 — 50.1% * Average trailing 5-year revenue 2011-2015 — $27.9 million * Average trailing 5-year revenue 2015-2019 — $41.9 million = Experienced Executive Team « Positioned for Operating Profits and Positive Ca
Slide 5: Strategy Overview
SSL ha L9 SRLS) TR PP BP TT. // Ja Brrear thas ell ee Strategy Overview How do we GROW? $2.3 billion addressable market with moderate growth LMR Market Expansion Significant market share gain opportunity (organic) Continue targeting wildland fire, federal Target Vertical Markets Target all EMS, publ
Slide 6: Large Addressable Market
SLL Lal 9 LESS TN PP BP TT. // Large Addressable Market Total & Addressable Market sey pore . Be cee ThEE anes eee Gti eee coat sees Global Market North American Market North American Radio Market North American Conventional Radio Market North American Trunking Radio Market Markets Addressable by BK
Slide 7: Massive LMR Market in U.S.
pore spay L198 LBS/ TR PP P/ TT. // a PN Ue arn APR Massive LMR Market in U.S. Addressable US LMR market size by vertical and funding source Market $M of Sales, USA, 2019 $2.3B $62M. $62M. $19M | $18 $64 | $738M $538M s14m Structural Fire Police Military Other School Commercial Hospitality Oil/Gas.
Slide 8: New Product Development
LLL hh Lk hh Mb Sa BO Pram a del New Product Development BKR Series « Completely redesigned to compete against market leader = Performance; Features; Durability; Size; Cost Designed In-House; Potential BK IP & Patent Opportunities BKR 5000 Manufacturing Commenced August 2020 BKR 9000 Multiband — Pla
Slide 9: Engineering Spending
SLL Lal 9 LESS TN PP BP TT. // Engineering Spending $12,000 $10,000 $8,000 KS $6,000 $5,000 $4,100 $4,000 $3,600 $2,000 L $- 2015 2016 2017 $7,800 2018 wee oy $9,800 $6,900 2019 2020 Run Rate RADIOS FOR HEROS BK TE es
Slide 10: BKR 5000 Portable - Launched August 2020
SSL ha L9 LBLSS TR PP 8P/ TT. // a Brrear thas ell ee BKR 5000 Portable — Launched August 2020 rs ‘ BKR 5000 = Ruggedized Design = Top Display = MIL SPEC 810G & IP68 = DES & AES FIPS140-2 Encryption = Smart Battery Technology = GPS * Bluetooth * Authentication * Noise Cancellation * Gorilla Glass Di
Slide 11: BKR 9000 Multi-Band Portable - 2021
SAL hal LES) TR PPP) TT // a PN Ue arn APR BKR 9000 Multi-Band Portable - 2021 = Ruggedized Design = Enlarged Top Display * Dual-Mic Noise Cancellation = MIL SPEC 810G & IP68 = DES & AES FIPS140-2, and level 3 Encryption = WiFi = Smart Battery Technology = Authentication * Bluetooth B - = GPS RADIOS
Slide 12: Operating Trends
LLL hh Lk hh Mb Sa BO Pram a del Operating Trends Avg Monthly Revenue and Op. Income (Loss)* $5,000 « Expense & labor reductions lowered sooo ied $4,115 the profitability threshold : $3,283 $3382 g3.034 = Lower cost structure generates $3000 9 476 operating income & positive cash flow KS $2,000 at ~
Slide 13: Financial Strength & Liquidity
LL Lh LA Oh Ml fa BSF Brrear thas ell ee Financial Strength & Liquidity Cash and Accounts Receivable Cumulative Operating Cash Flows $18,000 $16,989 $14,000 $16,000 $14,358 $12,000 $11,898 $14,000 $12,671 $10,000 $12,000 $10,522 K§ $10,000 $8,791 $8,640 xs 98,000 $8,000 $6,000 $6,000 $4,000 $4,000 $
Slide 14: EBITDA: 2015-2020
LIVES FEES TN PAP TTR. // Sa 82 Tir ell ari EBITDA: 2015-2020 (Amounts in Thousands Other Than Per Share Amounts; Amounts in Dollars Other Than Shares & Percentages) 2015 2016 2017 2018 2019 20201H Net Sales 29,722 50,689 «39,305 «49,380 +—«40,100-—=—«20,826 Net Income (Loss 1,041 2,689 (3,626) (195
Slide 15: Appendix
APPENDIX . » y ’ Wy / “ EUs | Mg 7 ys e s* ef/ 5
Slide 16: Statement of Operations: 2015-2020
SO pore bear’ re Be cee Tit sete tere itt cece ceed sees LIVES FEES TN PAP TTR. // 4 Statement of Operations: 2015-2020 (Amounts in Thousands Other Than EPS; Amounts in Dollars Other Than Shares Fully Diluted) 2015 "2016 2017 2018 2019 2020 1H Revenue 29,722 50,689 39,395 49,380 40,100 20,826 cos. 1
Slide 17: Balance Sheet: 2015-2020
Ll 18 1611) TR POP T DML. // Balance Sheet: 2015-2020 e37 sats Gene Get tees eet see (Amounts in Thousands $) 20152016 ~—2017_—«2018——2019_-20201H 20152016 -2017_—«2018——-2019_-20201H Current Assets Current Liabilities Cash & Equiv. 4,669 10.910 7,147 11,268 4,676 6,939 _—_—Revolving Line of Credit
Slide 18: Slide 18
BK Technologies — Investor Presentation (September 2020) on 6ix