Bk Technologies Corporation · AMEX:BKTI

Bk Technologies — Q3 2022 Earnings Presentation

15 slides from Bk Technologies's earnings presentation, Nov 9, 2022

  1. Slide 1: Third Quarter 2022

    THIRD QUARTER 2022 NYSE American: BKTI

  2. Slide 2: Disclosures: Forward-Looking Statements

    | DISCLOSURES Forward-Looking Statements ‘Ths presentation contains certain orward-cokngstatoments that are made pursuanto the “Safe Harbor’provisins ofthe Private Securtis Litigation Reform Act ot 995. These forward-Looking| statements concern the Company operations, exnomc performance andfinancial

  3. Slide 3: Third Quarter Highlights

    THIRD QUARTER HIGHLIGHTS RECORD ORDER BOOKINGS AS PRODUCTION RAMPS UP + Another record quarter for order bookings of $28 million driven by strong demand for BKR 5000 as customers upgrade portable communications platforms + Record company order bookings of $62.7 million YTD have surpassed FY2021 book

  4. Slide 4: BKR 5000 Continues to See Strong Traction

    BKR 5000 CONTINUES TO SEE STRONG TRACTION INCREASING DEMAND FOR BKR LINE: + Record bookings in 30'22/First nine months '22 * Second BKR5000 production line added that increases manufacturing capabilities to reduce backlog and respond to continued strong demand $63M + $42 million backlog provides mom

  5. Slide 5: Hurricane Ian Passes Over Melbourne Facility

    HURRICANE IAN PASSES OVER MELBOURNE FACILITY HURRICANE IAN PATHWAY + Emergency procedures ensured no reported injuries and no damage to manufacturing facility + Operations halted for two days + Shipments to customers were delayed; deliveries/pickups temporarily suspended + Some September revenue shi

  6. Slide 6: Radio Units Shipped Quarterly

    © POSITIONED FOR SIGNIFICANT GROWTH RADIO UNITS SHIPPED QUARTERLY 5,350 2,500 ar 0222 03'22 aa'22 (Projected) Hurricane lan impacted September radio shipments and deliveries pushing radios from September into October; Potential to reach 13,050 radios Targeting 10,650 radios deliveredin Q4 3,900 radi

  7. Slide 7: Radio Units Shipped Annually

    © POSITIONED FOR SIGNIFICANT GROWTH RADIO UNITS SHIPPED ANNUALLY 24,600 - 22,500 27,000 2021 2022 2023 (Projected) (Projected) Elevated 2022 backlog and continued 2023 customer demand expected to drive strong increase in year-over-year radio NYSE American: BKTI

  8. Slide 8: Progress Advancing BKR 9000: Expecting Q4 Launch

    PROGRESS ADVANCING BKR 9000: EXPECTING Q4 LAUNCH PROGRESS TOWARDS LAUNCH + August - Started accepting pre-production orders from dealer channeland key customers + September - completed second manufacturingrun; encounteredsome issues which are being addressed * October + Showcased BKR9000 in Dallas a

  9. Slide 9: LTE/5G Presents a Large Market Opportunity

    LTE/5G PRESENTS A LARGE MARKET OPPORTUNITY PREVIOUS SUCCESSES OPPORTUNITY TODAY \ \ LTE fN" A 1t. y CONNECTING CONNECTING LMR VEHICLES FIRST RESPONDERS LMR Ri * Global SaaS market valued at $131B; expected to grow at CAGR of 27.5% to $717B in 2028! * Global 5G infrastructure expected to grow at CAGR

  10. Slide 10: SaaS Business Strategy

    SaaS BUSINESS STRATEGY BK Smartphone BKRplay’ App $ Additional InteropONE public safety a, ° applications 2022 2023 & Beyond New Services and Features which make the First Responder Safer or more Efficient Focus on differentiation and practical solutions to market challenges Establish market positio

  11. Slide 11: InteropONE: Our New PTToC Service

    (2) InteropONE: OUR NEW PTToC SERVICE * Creates group communication on demand + Works over any cellular carrier network or WiFi + Patent Pending InteropONE i NYSE American: BKTI

  12. Slide 12: InteropONE: Not Your Typical PTToC Service

    6) InteropONE : Not Your Typical PTToC Service ———_ POTENTIAL $150M MARKET OPPORTUNITY + ~1.9M PTToC subscribers in the public sector in 2022 + InteropONE target market is about 30,000 subscribers or 1.6% of the current subscriber base. InteropONE —— + InteropONE prime user pays base subscription ra

  13. Slide 13: Financial Results

    (®*) FINANCIAL RESULTS 9months 9 months (in thousands) 30'22 30'21 ended ended * Revenue decreased 6% to $12 million relatedto shipment delays associated with Hurricane lan; 9/30/22 9/30/21 record Q3 bookings of $28 million provide Sales $11,917 $12,626 $30,612 $32,526 momentum Gross Margin 19% 33%

  14. Slide 14: The Future of BK Technologies: Targeting $100M in Revenues by 2025

    THE FUTURE OF BK TECHNOLOGIES: " TARGETING $100M IN REVENUES BY 2025 + Create a leader in the public safety industry specializing in personal communications devices that maximize safety and efficiency for first responders BKR 5000 continues to gain traction in the market; BKR 9000 positioned to sign

  15. Slide 15: Q&A

    Q&A NYSE Americar

BK Technologies — Q3 2022 Earnings Presentation on 6ix