Last $0.24 USD
Change Today -0.0229 / -8.74%
Volume 15.1K
As of 1:10 PM 03/4/15 All times are local (Market data is delayed by at least 15 minutes).

brekford corp (BFDI) Snapshot

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12/5/14 - $0.49
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05/30/14 - $0.10
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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.

48 Employees
Last Reported Date: 03/27/14

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

Brekford Corp. Reports Unaudited Consolidated Earnings Results for Third Quarter and Nine Months Ended September 30, 2014

Brekford Corp. reported unaudited consolidated earnings results for third quarter and nine months ended September 30, 2014. For the quarter, the company’s net revenue was $5,314,554 against $3,697,372 a year ago. Income from operations was $207,502 against loss of $518,874 a year ago. Net income was $161,037 against loss of $568,492 or $0.01 per basic and diluted share a year ago. The increase in revenues for the three months ended September 30, 2014 when compared to the same period of last year was primarily due to increased sales for rugged IT products, electronic ticketing, and professional upfitting services for its Vehicle Services product line. The increase in net income was primarily due to increased sales and higher gross profit margins coupled with lower operating expenses. For the nine months, the company’s net revenue was $13,869,147 against $11,759,809 a year ago. Loss from operations was $1,119,086 against $833,974 a year ago. Net loss was $1,237,258 or $0.03 per basic and diluted share against $968,960 or $0.02 per basic and diluted share a year ago. Net cash used in operating activities was $518,489 against $957,767 a year ago. The increase in net income was primarily due to lower gross profit margins based on the sales mix contributions of Vehicle Services and ATSE.

Brekford Corp. Receives $1.4 Million Order for Video Evidence Systems and Services

Brekford Corp. announced that the company has received purchase orders totaling $1.4 million from the Prince George's County, Maryland Police Department to provide an evidence capture solution for in-vehicle and back office video management services.

Brekford Corp. Presents at SeeThruEquity Fall Microcap Investor Conference, Sep-11-2014

Brekford Corp. Presents at SeeThruEquity Fall Microcap Investor Conference, Sep-11-2014 . Venue: Convene Times Square Conference Center, 810 Seventh Ave., New York, New York, United States.


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