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Last $0.26 USD
Change Today -0.007 / -2.59%
Volume 15.0K
BFDI On Other Exchanges
As of 8:10 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

brekford corp (BFDI) Snapshot

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52 Week High
12/5/14 - $0.49
52 Week Low
05/30/14 - $0.10
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Current Stock Chart for BREKFORD CORP (BFDI)

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brekford corp (BFDI) Details

Brekford Corp. provides safety technology services in the United States. The company provides bumper-to-bumper vehicle modification; automated traffic enforcement products; road safety camera programs, including red light and speed photo enforcement systems; and back office processing services. Its products include automatic traffic safety enforcement-photo speed and red light enforcement system, an enforcement technique with one or more motor vehicle sensors that produce recorded images of motor vehicles traveling at speeds above a defined threshold; and Slick-Ticket, an electronic ticketing system for public safety vehicles to allow law enforcement officers to access driver's license and registration information, as well as issue tickets, warnings, and citations. The company also provides mobile data and digital video rugged information technology solutions. In addition, it offers 360° vehicle solution that provides vehicle upfitting, mobile data, and video solutions, including municipal financing and leasing services for agencies. Brekford Corp. offers its products and services to homeland security agencies; federal, state, and municipal law enforcement agencies; and municipalities. The company was formerly known as Brekford International Corp. and changed its name to Brekford Corp. in July 2010. Brekford Corp. is headquartered in Hanover, Maryland.

42 Employees
Last Reported Date: 03/27/15

brekford corp (BFDI) Top Compensated Officers

Chief Executive Officer, Chief Financial Offi...
Total Annual Compensation: $198.5K
Chief Strategic Officer and Director
Total Annual Compensation: $183.6K
Compensation as of Fiscal Year 2013.

brekford corp (BFDI) Key Developments

Douglas DeLeaver Resigns as Member of Board of Directors and All Committees of Board of Directors of Brekford Corp

Brekford Corp. announced that effective as of April 30, 2015, Douglas DeLeaver resigned from his position as a Member of Board of Directors and from all committees of Board of Directors. Mr. DeLeaver accepted an appointment as Director of Farebox Recovery with the Maryland Transit Administration.

Brekford Corp. Reports Earnings Results for the Year Ended December 31, 2014

Brekford Corp. reported earnings results for the year ended December 31, 2014. For the year, the company reported revenues were $17,659,533 compared to $13,619,306 for the year ended December 31, 2013, an increase of $4,040,227 or 29.67%, primarily due to increased sales of rugged IT products as well as professional up fitting services for Vehicle Services product line. The Company recorded a net loss of $1,502,647 for the year ended December 31, 2014 compared to a net loss of $1,419,586 for the year ended December 31, 2013, an increase of $83,061 or 5.85%. The increase was primarily due to lower gross profit margins based on the sales mix contributions of Vehicle Services and ATSE. Basic and diluted net loss per common share were $0.03 for both 2014 and 2013.

Brekford Mulls Acquisitions

Brekford Corp. (OTCBB:BFDI) is seeking acquisitions. C.B. Brechin, Brekford's Chief Executive Officer, said "We believe that efforts to control operating costs in 2014, with a significant commitment of resources to business development, will enable us to get back to sustained growth and profitability in 2015. Our newly added ATSE recurring revenue contracts and our recently completed financing will allow us to accelerate growth both organically and through strategic acquisitions. "


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