AEY Addvantage Technologies Dashboard

ADDvantage Technologies Group, Inc. engages in the provision of line of electronics and hardware for the cable television and telecommunications industries. It also offer repair services to cable operators. The company operates through the Cable Television and Telecommunications segments. The Cable Television segment involves in the sales of new, surplus, and refurbished cable television equipment to cable television operators or other resellers. The Telecommunications segment gives telecommunication networking equipment. The company was founded in September 1989 and is headquartered in Farmers Branch, TX.

Company profile

Ticker

AEY

Exchange

NASDAQ

Website

www.addvantagetechnologies.com

CEO

Joseph E. Hart

Incorporated

Oklahoma

Location

Oklahoma

Fiscal year end

Sep 30

Sector

Manufacturing > Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing

Industry (SIC)

Wholesale - Durable Goods

W.W. Grainger • HD Supply • HD Supply • School Specialty ...

Former names

ADDVANTAGE MEDIA GROUP INC /OK

SEC CIK

0000874292

Corporate docs

Articles of Incorporation & Bylaws

IRS number

731351610

AEY stock data

S&P 500

1M 1Y 2Y 5Y

News

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Addvantage Technologies Q1 EPS $(0.16) Up From $(0.17) YoY, Sales $12.75M Down From $13.96M YoY

11 Feb 21

Addvantage Technologies (NASDAQ:AEY) reported quarterly losses of $(0.16) per share. This is a 5.88 percent increase over losses of $(0.17) per share from the same period last year. The company reported $12.75 million

Earnings Scheduled For February 11, 2021

11 Feb 21

Companies Reporting Before The Bell • Bluerock Residential Growth REIT, Inc. Class A Common Stock (AMEX:BRG) is expected to report quarterly loss at $0.55 per share on revenue of $54.86 million.

12 Information Technology Stocks Moving In Thursday's After-Market Session

21 Jan 21

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Press releases

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ADDvantage Technologies Group, Inc. to Host Earnings Call

12 Feb 21

NEW YORK, NY / ACCESSWIRE / February 12, 2021 / ADDvantage Technologies Group, Inc. (NASDAQ:AEY) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on February 12, 2021 at 9:00

ADDvantage Technologies Reports Financial Results for the First Quarter Fiscal 2021

11 Feb 21

CARROLLTON, Texas, Feb. 11, 2021 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ:AEY) ("ADDvantage Technologies" or the "Company") today reported its financial results for the three months ended

Calendar

11 Feb 21

13 Apr 21

30 Sep 21

Financial summary

Financial statements Chart AEY financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	May 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Sep 20	Sep 19	Sep 18	Sep 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	5.67M	5.67M	5.67M	5.67M	5.67M	5.67M
Cash burn (monthly)	902.33K	400.41K	651K	345.1K	1.24M	502.49K
Cash used (since last report)	3.12M	1.38M	2.25M	1.19M	4.27M	1.74M
Cash remaining	2.55M	4.28M	3.42M	4.47M	1.4M	3.93M
Runway (months of cash)	2.8	10.7	5.2	13.0	1.1	7.8

Beta Read what these cash burn values mean

Recent insider trades

AEY insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
31 Mar 21	Jarrod M Watson	Common Stock	Sale back to company	Dispose D	No	No	0	50,000	0	40,937
10 Dec 20	Chymiak Susan C	Common Stock	Sell	Dispose S	Yes	No	4.17	2,475	10.32K	1,085,738
10 Dec 20	Chymiak Kenneth A	Common Stock	Sell	Dispose S	Yes	No	4.17	2,475	10.32K	1,085,738
9 Dec 20	Franz Thomas	Common Stock	Gift	Dispose G	No	No	0	6,800	0	95,705
9 Dec 20	Chymiak Susan C	Common Stock	Sell	Dispose S	Yes	No	3.9	100,000	390K	1,088,213
9 Dec 20	Chymiak Kenneth A	Common Stock	Sell	Dispose S	Yes	No	3.9	100,000	390K	1,088,213
27 Nov 20	Chymiak Susan C	Common Stock	Sell	Dispose S	Yes	No	2.85	40,547	115.56K	1,188,213
27 Nov 20	Chymiak Kenneth A	Common Stock	Sell	Dispose S	Yes	No	2.85	40,547	115.56K	1,188,213
13 Nov 20	Jim McGill	Common Stock	Gift	Aquire G	No	No	0	25,000	0	133,299

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

AEY institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

4.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	20	18	+11.1%
Opened positions	6	4	+50.0%
Closed positions	4	6	-33.3%
Increased positions	4	4	–
Reduced positions	4	2	+100.0%

13F shares	Current	Prev Q	Change
Total value	1.59M	1.15M	+38.5%
Total shares	532.99K	599.15K	-11.0%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Dimensional Fund Advisors	140.25K	$419K	-6.5%
Bridgeway Capital Management	100K	$299K	0.0%
Creative Planning	88.73K	$265K	-13.2%
Vanguard	78.7K	$235K	+15.2%
VIRT Virtu Financial	39.6K	$118K	+189.7%
TFC Truist Financial	21K	$63K	NEW
Citadel Advisors	14.87K	$44K	-64.0%
Geode Capital Management	11.93K	$35K	0.0%
Commonwealth Equity Services	10.33K	$30K	NEW
MS Morgan Stanley	10.25K	$31K	0.0%

Largest transactions	Shares	Bought/sold	Change
Wedbush Securities	0	-58.63K	EXIT
Renaissance Technologies	0	-28.3K	EXIT
Citadel Advisors	14.87K	-26.45K	-64.0%
VIRT Virtu Financial	39.6K	+25.93K	+189.7%
TFC Truist Financial	21K	+21K	NEW
Creative Planning	88.73K	-13.5K	-13.2%
Vanguard	78.7K	+10.4K	+15.2%
Commonwealth Equity Services	10.33K	+10.33K	NEW
Dimensional Fund Advisors	140.25K	-9.82K	-6.5%
IFP Advisors	4K	+4K	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.
Certain statements in Management's Discussion and Analysis (“MD&A”), other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These forward-looking statements generally are identified by the words “estimates,” “projects,” “believes,” “plans,” “intends,” “will likely result,” and similar expressions. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. These statements are subject to a number of risks, uncertainties and developments beyond our control or foresight, including changes in the trends of the wireless infrastructure services industry, changes in the trends of the telecommunications industry, changes in our supplier agreements, technological developments, changes in the general economic environment, the potential impact of the novel strain of coronavirus (“COVID-19”) pandemic, the growth or formation of competitors, changes in governmental regulation or taxation, changes in our personnel and other such factors. Our actual results, performance or achievements may differ significantly from the results, performance or achievements expressed or implied in the forward-looking statements. We do not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of this report or to reflect the occurrence of unanticipated events.
The Company reports its financial performance based on two external reporting segments: Wireless and Telecommunications. These reportable segments are described below.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: began, chapter, check, complying, coupled, Data, Employer, filer, floor, Fridley, Identification, II, incorporation, Interactive, issuance, issuer, jurisdiction, listed, mark, member, methodology, Minnesota, NaN, post, posted, reduction, Rental, repayment, revised, RSA, separate, shell, shorter, smaller, WASHINGTON

Removed: accounted, acquired, Additionally, adjustment, adversely, affiliate, aging, alternate, analyze, anniversary, annually, anticipated, apparent, apply, approach, arising, attributable, authorized, bad, billing, calculation, Chairman, collateralized, collectability, combine, commencement, comparing, competitive, complex, component, concentration, condensed, criteria, Datacom, deteriorate, deterioration, determinable, directly, director, discount, doubtful, earlier, establishing, estimate, evaluated, expensed, extend, extinguished, factoring, finance, foreseeable, fourth, implicit, inception, indirectly, inherent, initially, installment, involve, involved, January, leased, leasing, lessee, met, Miami, negative, nonqualified, obtained, October, opening, ownership, perform, policy, prepaid, provision, reach, readily, recognition, recognize, repositioning, represent, require, reset, Servicing, sheet, Southern, Specifically, subsequent, suggested, surrendered, tangible, transferred, treatment, Triton, twelve, unamortized, underlying, unit, vest, warehouse, warrant, weakening

From filing 10-Q 2021 Q1