ADDvantage Technologies Group, Inc. (AEY)

NASDAQ: AEY · IEX Real-Time Price · USD
1.76
-0.04 (-2.28%)
At close: Nov 25, 2022 12:59 PM
1.75
-0.01 (-0.80%)
After-hours: Nov 25, 2022 1:00 PM EST
-2.28%
Market Cap 25.24M
Revenue (ttm) 96.16M
Net Income (ttm) -1.07M
Shares Out 13.64M
EPS (ttm) -0.39
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 8,372
Open 1.76
Previous Close 1.8
Day's Range 1.75 - 1.8
52-Week Range 1.05 - 2.34
Beta 0.55
Analysts n/a
Price Target n/a
Earnings Date Nov 14, 2022

About AEY

ADDvantage Technologies Group, Inc., through its subsidiaries, distributes and services electronics and hardware for the telecommunications industry in the United States and internationally. It operates through two segments, Wireless Infrastructure Services and Telecommunications. The Wireless Infrastructure Services segment provides turn-key wireless infrastructure services for U.S. wireless carriers, communication tower companies, national integrators, and original equipment manufacturers. This segment also offers installation and upgradation... [Read more]

Industry Electronic Equipment, Instruments & Components
IPO Date Jun 26, 1991
Employees 169
Stock Exchange NASDAQ
Ticker Symbol AEY
Full Company Profile

Financial Performance

In 2021, AEY's revenue was $62.16 million, an increase of 23.87% compared to the previous year's $50.18 million. Losses were -$6.50 million, -62.49% less than in 2020.

Financial Statements

News

ADDvantage Technologies Revenue Increases 31% to $25.9 Million, Record Net Income of $1.5 Million for the Third Quart...

Record Quarterly EPS of $0.11 vs. $0.05, $5.2 Million in Cash Flow from Operations and $4.9 Million in Cash at September 30 Record Quarterly EPS of $0.11 vs. $0.05, $5.2 Million in Cash Flow from Operat...

1 week ago - GlobeNewsWire

ADDvantage Technologies Group to Report Fiscal 2022 Third Quarter Financial Results on November 14, 2022

CARROLLTON, Texas, Nov. 01, 2022 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will release financial results...

3 weeks ago - GlobeNewsWire

ADDvantage Technologies' Triton Datacom Subsidiary Expands Product Line to Meet Growing Demand

Broadens Selection of Telepresence and Video Conferencing Solutions and Switches from Top Brands to Better Enable End-to-End Telecom Solutions for Small, Medium and Large Enterprises Broadens Selection ...

2 months ago - GlobeNewsWire

ADDvantage Technologies Reports 63% Revenue Increase to a Record of $27.8 million, Net Income of $875,000 for the Thi...

Company Reaches GAAP Profitability, Generates $5.0 Million in Cash from Operations, as Both Wireless and Telco Segments Generate Profitable Growth Company Reaches GAAP Profitability, Generates $5.0 Mill...

3 months ago - GlobeNewsWire

ADDvantage Technologies Group to Report Fiscal 2022 Third Quarter Financial Results on August 11, 2022

CARROLLTON, Texas, July 27, 2022 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will release financial results...

3 months ago - GlobeNewsWire

ADDvantage Technologies Reports Record Revenue of $23.8 Million for the Second Quarter of Fiscal 2022

Wireless Segment Revenue up 79%; Telco Revenue up 92% to Record Levels

6 months ago - GlobeNewsWire

ADDvantage Technologies Announces Leadership Changes in Telecommunications Segment

Damon Slachter Promoted to President of Triton Datacom; Mike Burch Promoted to President of Nave Communications Damon Slachter Promoted to President of Triton Datacom; Mike Burch Promoted to President o...

7 months ago - GlobeNewsWire

ADDvantage Technologies Further Expands Line of Credit in Anticipation of Accelerating Wireless Growth

Telco Line Converted to Factoring Line, Expanding Total Borrowing Capacity to $19.0 Million Telco Line Converted to Factoring Line, Expanding Total Borrowing Capacity to $19.0 Million

8 months ago - GlobeNewsWire

ADDvantage Technologies Announces Cost-Reduction Initiative, Designed to Align Expenses with Growing 5-G Demand

With Initial 5-G-Related Scaling Complete, Company Eliminates $2.4 Million in Fulton-Related G&A, Expected to Be Evident in Second-Half of Fiscal Year With Initial 5-G-Related Scaling Complete, Company ...

8 months ago - GlobeNewsWire

ADDvantage Technologies Reports 47% Revenue Growth, 36% Increase in Wireless Revenue, for the First Quarter of Fiscal...

Initial Acceleration of 5G-Related Revenue in Wireless Segment, Combined with 54% Increase in Telco Revenue, Drives Robust Top-Line Growth; Investments in Anticipation of Additional Wireless Revenue Und...

9 months ago - GlobeNewsWire

ADDvantage Technologies Secures Expanded Line of Credit to Facilitate Anticipated Wireless Growth

New Line Increases Available Borrowings for Wireless Business from $4 Million to $13 Million in Anticipation of Accelerating 5-G Growth New Line Increases Available Borrowings for Wireless Business from...

10 months ago - GlobeNewsWire

ADDvantage Technologies Reports 61% Revenue Growth for the Fourth Quarter of Fiscal 2021

5G-Related Growth in Wireless Segment, Combined with Continued Telco Strength, Drives Robust Top-Line Growth 5G-Related Growth in Wireless Segment, Combined with Continued Telco Strength, Drives Robust ...

10 months ago - GlobeNewsWire

ADDvantage Technologies Group to Report Fiscal 2021 Fourth Quarter and Year End Financial Results on December 27, 2021

CARROLLTON, Texas, Dec. 14, 2021 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will release financial results...

11 months ago - GlobeNewsWire

ADDvantage Technologies Names Michael Rutledge as Chief Financial Officer

Proven Financial Leader Brings SEC Reporting and Big 4 Accounting Experience to ADDvantage Proven Financial Leader Brings SEC Reporting and Big 4 Accounting Experience to ADDvantage

1 year ago - GlobeNewsWire

ADDvantage Technologies Announces Forgiveness of SBA PPP Loan

CARROLLTON, Texas, Sept. 02, 2021 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that its Paycheck Protection Program ...

1 year ago - GlobeNewsWire

ADDvantage Technologies Reports Financial Results for the Third Quarter Fiscal 2021

Telco Segment achieves an all-time high in revenue and Management expects significant growth in 5G wireless revenues in fiscal fourth quarter and 2022 Telco Segment achieves an all-time high in revenue ...

1 year ago - GlobeNewsWire

ADDvantage Technologies Group to Report Fiscal 2021 Third Quarter Financial Results on August 12, 2021

CARROLLTON, Texas, July 29, 2021 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will release financial results...

1 year ago - GlobeNewsWire

ADDvantage Technologies Reports Financial Results for the Second Quarter Fiscal 2021

CARROLLTON, Texas, May 13, 2021 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today reported its financial results for the three- and...

1 year ago - GlobeNewsWire

ADDvantage Technologies Group to Report Fiscal 2021 Second Quarter Financial Results on May 13, 2021

CARROLLTON, Texas, April 30, 2021 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will release financial result...

1 year ago - GlobeNewsWire

ADDvantage Technologies Reports Financial Results for the First Quarter Fiscal 2021

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 mon...

1 year ago - GlobeNewsWire

ADDvantage Technologies Announces Promotion at Nave Communications Subsidiary

CARROLLTON, Texas, Dec. 23, 2020 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that Michael Burch has been promoted t...

1 year ago - GlobeNewsWire

ADDvantage Technologies Reports Financial Results for Fourth Quarter and Year End Fiscal 2020

CARROLLTON, Texas, Dec. 16, 2020 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today reported its financial results for the three and...

1 year ago - GlobeNewsWire

ADDvantage Technologies Group to Report Fiscal 2020 Fourth Quarter Financial Results on December 16, 2020

Conference Call to be held on December 17, 2020 at 9 a.m. Eastern Conference Call to be held on December 17, 2020 at 9 a.m. Eastern

1 year ago - GlobeNewsWire

ADDvantage Technologies Reports Financial Results for Third Quarter of Fiscal 2020

CARROLLTON, Texas, Aug. 11, 2020 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today reported its financial results for the three- ...

2 years ago - GlobeNewsWire

ADDvantage Technologies Group to Report Fiscal 2020 Third Quarter Financial Results on August 11, 2020

CARROLLTON, Texas, July 28, 2020 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that it will release financial resul...

2 years ago - GlobeNewsWire