Thursday, May 21, 2015 9:37:00 AM
by Anastas Gegov May 20, 2015
BIO-key International, Inc. (OTCMKTS:BKYI, BKYI message board)’s stock is usually being traded in very low volumes and the daily percentile movements that it makes are very small. The overall performance since the beginning of the year has not been very good, but we might see things change.
This time of the year we get to see how the companies have fared in the first quarter. BKYI also filed its financial report in Thursday last week. It contained the following numbers in the balance sheet.
•cash: $303 thousand
•current assets: $1.2 million
•current liabilities: $1.49 million
•quarterly revenues: $648 thousand
•quarterly net loss: $924 thousand
Those numbers aren’t exactly bad for an OTC company. On the downside, we see that the revenues have dropped compared to the same period last year. As we were assured by a press release from May 13, however, is due to less in licensing fees. The revenue coming from services has stayed almost the same.
In that press release we were also informed that the revenue guidance for 2015 remains in the ranges from $5 million to $7 million, which is more than that of 2014. This will not be surprising, considering the fact that although we saw the revenues drop in the final months of last year, the company recorded more than double the revenue posted in 2013.
Overall, despite the fact that BKYI is still unable to operate at a profit it is a pretty decent company compared to others we see in the OTC markets. Investors were probably a bit slow to react on the press release and the quarterly report because after going nowhere in Monday we saw BKYI jump 17.86% in yesterday’s session on nearly 10 times its average volume.
Still, we see BKYI hesitating since today’s market open, so be sure to do your due diligence and weigh out the risks before putting any money on the line.
http://www.hotstocked.com/article/90175/bio-key-international-inc-otcmkts-bkyi-surges.html
"Intellectuals solve problems; geniuses prevent them." - Albert Einstein
Recent BKYI News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/16/2024 08:45:26 PM
- BIO-key International Enters into $1.9 Million Warrant Inducement • GlobeNewswire Inc. • 09/12/2024 05:18:35 PM
- Leading Government Defense Ministry Awards BIO-key $500K In Follow-On Orders for Biometric User Authentication • GlobeNewswire Inc. • 09/10/2024 12:27:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/28/2024 08:34:27 PM
- Identity and Access Management Software Provider BIO-key to Participate at H.C. Wainwright Investment Conf. Sept. 9th to 10th • GlobeNewswire Inc. • 08/22/2024 05:10:00 PM
- BIO-key’s PortalGuard Identity and Access Management Solution and Identity-Bound Biometrics Are Now Available on the Amazon Web Services (AWS) Marketplace • GlobeNewswire Inc. • 08/15/2024 12:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 09:00:34 PM
- BIO-key Reports Reduced Net Loss and Cash Used in Operations on Lower Q2’24 Revenues; Hosts Investor Call Thu. Aug. 15th at 10am ET • GlobeNewswire Inc. • 08/14/2024 08:30:00 PM
- Identity and Access Management Solutions Provider BIO-key Hosts Q2 Investor Call Thursday, August 15th at 10am ET • GlobeNewswire Inc. • 08/12/2024 02:35:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/02/2024 10:12:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/02/2024 10:06:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/02/2024 09:52:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/02/2024 09:46:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/02/2024 09:40:42 PM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 08/02/2024 09:28:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/02/2024 09:03:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/02/2024 08:57:36 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 07/10/2024 08:30:50 PM
- Williamsburg, VA Advances Zero Trust Initiative for City Infrastructure and Data with BIO-key Identity-Bound Biometrics • GlobeNewswire Inc. • 07/08/2024 12:29:00 PM
- BIO-key Secures Los Angeles LGBT Center's IT Systems with Seamless Badge-Tap Authentication Solution • GlobeNewswire Inc. • 06/25/2024 12:29:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/17/2024 08:17:51 PM
- Identity and Access Management Software Provider BIO-key Reports Q1’24 Revenue of $2.2M and Positive Operating Cash Flow; Hosts Investor Call Tuesday, 10am ET • GlobeNewswire Inc. • 06/17/2024 12:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/14/2024 09:03:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 09:01:36 PM
- BIO-key Introduces Passkey:YOU, a Phish-resistant, Phoneless and Tokenless Biometric FIDO Passkey Authentication Solution • GlobeNewswire Inc. • 06/14/2024 12:00:00 PM
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