Company Overview - BK Technologies Corp. (BKTI) designs and manufactures mission-critical communications equipment primarily for government and public safety applications [1] - The company has a Software-as-a-Service (SaaS) division that develops public safety smartphone applications, including BKRplay and InteropONE [2] Product and Market Performance - The BKR 9000 multiband radio is driving growth through adoption by federal, state, and local agencies, leveraging competitive pricing as a unified platform replacement for legacy systems [4] - Gross Margin in Q2 expanded sharply to 47.4% from 37.3% in the prior year, driven by a favorable product mix and efficiencies from outsourced manufacturing [5] - The company achieved a 77.5% year-over-year improvement in adjusted EBITDA, indicating strong financial performance [5] Valuation Metrics - The stock is currently trading at 3.1X trailing 12-month EV/Sales, compared to 3.9X for the Zacks sub-industry and 7.5X for the Zacks sector [6] - The stock is trading at 18.2X trailing 12-month EV/EBITDA, which is lower than the Zacks sub-industry average of 29.6X [6] Historical Stock Performance - Over the past five years, the stock has traded as high as 3.3X and as low as 0.4X, with a five-year median of 0.8X [6] - In the past year, the stock has traded as high as 19.1X and as low as 7.6X, with a one-year median of 12.4X [7]