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    Eric Wass • Mission Vertical

    Eric Wass is a Senior Analyst at Mission Vertical, specializing in providing detailed equity research and investment analysis within the technology and fintech sectors. He has covered notable companies including Stripe, Plaid, and Marqeta, and is recognized for delivering timely investment calls with a strong track record reflected by recent positive returns and high accuracy scores on analytical platforms. Wass began his finance career in the late 2010s and joined Mission Vertical in 2021 after prior roles in boutique investment research firms. Holding FINRA Series 7 and 63 licenses, he is respected for his data-driven approach and expertise in capital markets research.

    Eric Wass's questions to BK Technologies Corp (BKTI) leadership

    Eric Wass's questions to BK Technologies Corp (BKTI) leadership • Q3 2024

    Question

    Eric Wass of Mission Vertical inquired about the expected progression of working capital over the next year and the potential for seasonality to impact gross margin improvements.

    Answer

    CFO Scott Malmanger stated that working capital is improving due to higher gross margins and that the company is well-positioned with sufficient liquidity and no debt to fund growth. CEO John Suzuki explained that while Q2 and Q3 can experience some margin pressure from the mix of high-volume federal orders, this effect is being more than offset by ongoing cost-saving initiatives and the increasing contribution from higher-margin BKR 9000 radio sales, keeping the company on track towards its 50% gross margin goal.

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