Brekford Corp. formerly Brekford International Corp. is provider of vehicle upfitting and installation services, rugged computer and video technology and automated traffic safety solutions. The Company provides services to branches of the United States military, various federal entities and numerous security and public safety agencies throughout the United States. It provides these agencies with mobile communications, information technology, vehicle upfitting services, and automated traffic photo enforcement solutions. It provides ruggedized mobile computers and video systems, bumper-to-bumper vehicle modification products and services for homeland security, law enforcement, fire and emergency vehicles. During the year ended December 31, 2010, its sales to government and commercial customers represented 94.2% and 5.8% of its net revenue respectively.
Number$
Market Cap 20.8M $
Sales 13.7M $ (in fact sales decreased from 17M $ in 2006 but now start growing again, if chart is right then you know what I mean)
Quarterly Revenue Growth 38%
Profit 1.9M $
EBITDA 720,000 $ (first time positive EBIT started in 2009 and even with lower sales they make more money)
Quarterly Earnings Growth 3,685.70% (well, it looks really nice to increase earnings by almost 4000% but all it means they made no money almost last year, let's say if you make 20,000$ in 2010 and 4000% more in 2011, you end up with 800,000$ )
Cash 1.8M $
LT Debt 1.6M $
Assets 4.55M $ (assets increased by 100% from 2006)
Liabilities 2.29M $ (and liabilities decreased by 35%, the management is coservative here as they prepare for boom slowly if you can call it slow when you look at 52 weeks high/low share price)
Employees 28
Shares Outstanding 40,800,000
Float 16,490,000
Major Shareholders:
Company CEO holds around 12,000,000 shares and other insiders about 1,000,000 the rest is owned by 42 private shareholders. The bullish thing here is that there is no yet a fund investors here, once they arrive the stock will rise another 500%
Resume: Uncle Sam though is bankrupt but criminals are here to stay so Police will use their products even more as recession brings more crime, crime knows no burdens it's a bullish market all the time, don't forget that about 5% of USA adult population is in jail.
Also their cash and debt are OK, assets bigger than liabilities, they make money, stock is up and it's a micro cap so the only way for it is up, up & away. Growth or value in this stock? You decide.
Number$
Market Cap 20.8M $
Sales 13.7M $ (in fact sales decreased from 17M $ in 2006 but now start growing again, if chart is right then you know what I mean)
Quarterly Revenue Growth 38%
Profit 1.9M $
EBITDA 720,000 $ (first time positive EBIT started in 2009 and even with lower sales they make more money)
Quarterly Earnings Growth 3,685.70% (well, it looks really nice to increase earnings by almost 4000% but all it means they made no money almost last year, let's say if you make 20,000$ in 2010 and 4000% more in 2011, you end up with 800,000$ )
Cash 1.8M $
LT Debt 1.6M $
Assets 4.55M $ (assets increased by 100% from 2006)
Liabilities 2.29M $ (and liabilities decreased by 35%, the management is coservative here as they prepare for boom slowly if you can call it slow when you look at 52 weeks high/low share price)
Employees 28
Shares Outstanding 40,800,000
Float 16,490,000
Major Shareholders:
Company CEO holds around 12,000,000 shares and other insiders about 1,000,000 the rest is owned by 42 private shareholders. The bullish thing here is that there is no yet a fund investors here, once they arrive the stock will rise another 500%
Resume: Uncle Sam though is bankrupt but criminals are here to stay so Police will use their products even more as recession brings more crime, crime knows no burdens it's a bullish market all the time, don't forget that about 5% of USA adult population is in jail.
Also their cash and debt are OK, assets bigger than liabilities, they make money, stock is up and it's a micro cap so the only way for it is up, up & away. Growth or value in this stock? You decide.
