Butler National is a holding company. Our ability to fund our obligations depends on existing cash on hand, cash flow from our subsidiaries and our ability to raise capital. Our primary sources of liquidity and capital resources have been cash on hand, cash flow from operations, borrowings under our lines of credit and notes payable (as further described below) and proceeds from the issuance of debt and equity securities. We assess liquidity in terms of the ability to generate cash or obtain financing in order to fund operating, investing and debt service requirements. Our primary ongoing cash requirements include the funding of operations, capital expenditures, acquisitions and other investments in line with our business strategy and debt repayment obligations and interest payments. Our strategy has been to maintain moderate leverage and substantial capital resources in order to take advantage of opportunities, to invest in our businesses and develop new streams of income that may be profitable. As such, we have continued to invest in developing and marketing new STCs and growing our established sports wagering platform. We believe that our current banks will provide the necessary capital for our business operations. However, we continue to maintain contact with other banks that have an interest in funding our working capital needs to continue our growth in operations in 2023 and beyond.
Company profile
Ticker
BUKS
Exchange
Website
CEO
Clark D. Stewart
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
NATIONAL CONNECTOR CORP
SEC CIK
Corporate docs
Subsidiaries
Avcon Industries, Inc. • Avcon ISR Solutions, Inc. • Avcon Leasing Inc. • BCS Design, Inc. • Butler Avionics, Inc. • Butler National, Inc. • Butler Temporary Services, Inc. • Kansas International Corporation • Kansas International • Butler National Service Corporation ...
IRS number
410834293
BUKS stock data
Latest filings (excl ownership)
8-K
BUTLER NATIONAL CORPORATION ANNOUNCES Third QUARTER FISCAL YEAR 2024 FINANCIAL RESULTS
15 Mar 24
10-Q
2024 Q3
Quarterly report
15 Mar 24
8-K
Butler National Enhances Board to Reinforce Commitment to Long Term Shareholder Value
14 Feb 24
8-K
BUTLER NATIONAL CORPORATION ANNOUNCES Second QUARTER FISCAL YEAR 2024 FINANCIAL RESULTS
15 Dec 23
10-Q
2024 Q2
Quarterly report
15 Dec 23
8-K
Departure of Directors or Certain Officers
5 Oct 23
8-K
Regulation FD Disclosure
3 Oct 23
8-K
Butler National Acquires KC Machine Business
2 Oct 23
8-K
BUTLER NATIONAL CORPORATION ANNOUNCES First QUARTER FISCAL YEAR 2024 FINANCIAL RESULTS
14 Sep 23
10-Q
2024 Q1
Quarterly report
14 Sep 23
Transcripts
BUKS
Earnings call transcript
2023 Q2
16 Dec 22
BUKS
Earnings call transcript
2023 Q1
16 Sep 22
BUKS
Earnings call transcript
2022 Q4
18 Jul 22
BUKS
Earnings call transcript
2022 Q3
17 Mar 22
BUKS
Earnings call transcript
2022 Q2
16 Dec 21
BUKS
Earnings call transcript
2022 Q1
14 Sep 21
BUKS
Earnings call transcript
2021 Q4
20 Jul 21
BUKS
Earnings call transcript
2021 Q3
15 Mar 21
BUKS
Earnings call transcript
2021 Q2
15 Dec 20
BUKS
Earnings call transcript
2021 Q2
15 Dec 20
Latest ownership filings
3
Jeffrey David Yowell
20 Feb 24
SC 13G/A
Veradace Capital Management LLC
14 Feb 24
4
Joseph Patrick Daly
6 Feb 24
4
Joseph Patrick Daly
29 Jan 24
4
Joseph Patrick Daly
24 Jan 24
4
Joseph Patrick Daly
22 Dec 23
4
Joseph Patrick Daly
18 Dec 23
4
Joseph Patrick Daly
11 Dec 23
4
Joseph Patrick Daly
8 Dec 23
4
Joseph Patrick Daly
7 Dec 23
Financial summary
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Diluted EPS |
Annual (USD) | Apr 23 | Apr 22 | Apr 21 | Apr 20 | |
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Institutional ownership, Q3 2023
22.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 4 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 2 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 75.80 mm |
Total shares | 18.09 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Veradace Capital Management | 7.50 mm | $3.77 mm |
Zeff Capital | 7.50 mm | $5.93 mm |
Daly Joseph Patrick | 3.00 mm | $2.37 mm |
Cove Street Capital | 87.91 k | $63.74 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Feb 24 | Daly Joseph Patrick | Common Stock | Buy | Acquire P | No | No | 0.75 | 4,700 | 3.53 k | 3,885,800 |
29 Jan 24 | Daly Joseph Patrick | Common Stock | Buy | Acquire P | No | No | 0.73 | 900 | 657.00 | 3,881,100 |
24 Jan 24 | Daly Joseph Patrick | Common Stock | Buy | Acquire P | No | No | 0.74 | 6,200 | 4.59 k | 3,880,200 |
22 Dec 23 | Daly Joseph Patrick | Common Stock | Buy | Acquire P | Yes | No | 0.68 | 25,000 | 17.00 k | 4,025,000 |
22 Dec 23 | Daly Joseph Patrick | Common Stock | Buy | Acquire P | No | No | 0.68 | 14,000 | 9.52 k | 3,874,000 |
22 Dec 23 | Daly Joseph Patrick | Common Stock | Buy | Acquire P | No | No | 0.7 | 15,000 | 10.50 k | 3,860,000 |