vs

Side-by-side financial comparison of BK Technologies Corp (BKTI) and FIRST UNITED CORP (FUNC). Click either name above to swap in a different company.

FIRST UNITED CORP is the larger business by last-quarter revenue ($23.2M vs $21.5M, roughly 1.1× BK Technologies Corp). FIRST UNITED CORP runs the higher net margin — 24.9% vs 19.7%, a 5.2% gap on every dollar of revenue. On growth, BK Technologies Corp posted the faster year-over-year revenue change (20.0% vs 11.9%). FIRST UNITED CORP produced more free cash flow last quarter ($15.4M vs $2.8M). Over the past eight quarters, FIRST UNITED CORP's revenue compounded faster (11.5% CAGR vs -21.6%).

BK Technologies Corp designs, manufactures and sells analog and digital two-way radio communications equipment and related accessories. It serves public safety departments, first responders, government agencies and commercial clients primarily across North America, focusing on reliable, mission-critical communication solutions.

United Breweries Holdings Limited (UBHL), also called UB Group, is the Indian subsidiary of Heineken N.V.. It is headquartered in UB City, Bangalore, Karnataka. Its core business includes beverages and investments in various sectors. The company markets beer under the Kingfisher brand, and owns various other brands of alcoholic beverages. United Breweries is India's largest producer of beer.

BKTI vs FUNC — Head-to-Head

Bigger by revenue
FUNC
FUNC
1.1× larger
FUNC
$23.2M
$21.5M
BKTI
Growing faster (revenue YoY)
BKTI
BKTI
+8.1% gap
BKTI
20.0%
11.9%
FUNC
Higher net margin
FUNC
FUNC
5.2% more per $
FUNC
24.9%
19.7%
BKTI
More free cash flow
FUNC
FUNC
$12.6M more FCF
FUNC
$15.4M
$2.8M
BKTI
Faster 2-yr revenue CAGR
FUNC
FUNC
Annualised
FUNC
11.5%
-21.6%
BKTI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BKTI
BKTI
FUNC
FUNC
Revenue
$21.5M
$23.2M
Net Profit
$4.2M
$5.8M
Gross Margin
50.5%
Operating Margin
19.7%
32.9%
Net Margin
19.7%
24.9%
Revenue YoY
20.0%
11.9%
Net Profit YoY
15.6%
-6.6%
EPS (diluted)
$1.06
$0.89

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BKTI
BKTI
FUNC
FUNC
Q4 25
$21.5M
$23.2M
Q3 25
$24.4M
$22.7M
Q2 25
$21.2M
$21.8M
Q1 25
$19.1M
$20.9M
Q4 24
$17.9M
$20.8M
Q3 24
$20.2M
$20.3M
Q2 24
$20.3M
$20.1M
Q1 24
$18.7M
Net Profit
BKTI
BKTI
FUNC
FUNC
Q4 25
$4.2M
$5.8M
Q3 25
$3.4M
$6.9M
Q2 25
$3.7M
$6.0M
Q1 25
$2.1M
$5.8M
Q4 24
$3.7M
$6.2M
Q3 24
$2.4M
$5.8M
Q2 24
$1.7M
$4.9M
Q1 24
$3.7M
Gross Margin
BKTI
BKTI
FUNC
FUNC
Q4 25
50.5%
Q3 25
49.9%
Q2 25
47.4%
Q1 25
47.0%
Q4 24
41.2%
Q3 24
38.8%
Q2 24
37.3%
Q1 24
Operating Margin
BKTI
BKTI
FUNC
FUNC
Q4 25
19.7%
32.9%
Q3 25
19.8%
40.6%
Q2 25
18.9%
36.5%
Q1 25
15.3%
36.8%
Q4 24
12.3%
39.2%
Q3 24
12.9%
38.0%
Q2 24
10.0%
32.5%
Q1 24
26.0%
Net Margin
BKTI
BKTI
FUNC
FUNC
Q4 25
19.7%
24.9%
Q3 25
14.1%
30.6%
Q2 25
17.7%
27.5%
Q1 25
11.2%
27.7%
Q4 24
20.4%
29.8%
Q3 24
11.7%
28.5%
Q2 24
8.2%
24.5%
Q1 24
19.8%
EPS (diluted)
BKTI
BKTI
FUNC
FUNC
Q4 25
$1.06
$0.89
Q3 25
$0.87
$1.07
Q2 25
$0.96
$0.92
Q1 25
$0.55
$0.89
Q4 24
$0.96
$0.95
Q3 24
$0.63
$0.89
Q2 24
$0.47
$0.75
Q1 24
$0.56

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BKTI
BKTI
FUNC
FUNC
Cash + ST InvestmentsLiquidity on hand
$22.8M
$131.6M
Total DebtLower is stronger
$95.9M
Stockholders' EquityBook value
$44.7M
$203.6M
Total Assets
$63.8M
$2.1B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKTI
BKTI
FUNC
FUNC
Q4 25
$22.8M
$131.6M
Q3 25
$21.5M
$95.2M
Q2 25
$11.9M
$79.1M
Q1 25
$8.9M
$84.4M
Q4 24
$7.1M
$78.3M
Q3 24
$4.2M
$62.4M
Q2 24
$3.0M
$45.1M
Q1 24
$86.9M
Total Debt
BKTI
BKTI
FUNC
FUNC
Q4 25
$95.9M
Q3 25
$95.9M
Q2 25
$120.9M
Q1 25
$120.9M
Q4 24
$120.9M
Q3 24
$120.9M
Q2 24
$70.9M
Q1 24
$70.9M
Stockholders' Equity
BKTI
BKTI
FUNC
FUNC
Q4 25
$44.7M
$203.6M
Q3 25
$41.0M
$199.1M
Q2 25
$36.8M
$191.1M
Q1 25
$32.4M
$183.7M
Q4 24
$29.8M
$179.3M
Q3 24
$26.0M
$174.0M
Q2 24
$23.4M
$164.2M
Q1 24
$165.5M
Total Assets
BKTI
BKTI
FUNC
FUNC
Q4 25
$63.8M
$2.1B
Q3 25
$66.9M
$2.0B
Q2 25
$60.4M
$2.0B
Q1 25
$56.1M
$2.0B
Q4 24
$51.5M
$2.0B
Q3 24
$46.4M
$1.9B
Q2 24
$48.9M
$1.9B
Q1 24
$1.9B
Debt / Equity
BKTI
BKTI
FUNC
FUNC
Q4 25
0.47×
Q3 25
0.48×
Q2 25
0.63×
Q1 25
0.66×
Q4 24
0.67×
Q3 24
0.70×
Q2 24
0.43×
Q1 24
0.43×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BKTI
BKTI
FUNC
FUNC
Operating Cash FlowLast quarter
$3.0M
$19.4M
Free Cash FlowOCF − Capex
$2.8M
$15.4M
FCF MarginFCF / Revenue
13.2%
66.3%
Capex IntensityCapex / Revenue
0.7%
17.1%
Cash ConversionOCF / Net Profit
0.71×
3.35×
TTM Free Cash FlowTrailing 4 quarters
$18.4M
$22.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKTI
BKTI
FUNC
FUNC
Q4 25
$3.0M
$19.4M
Q3 25
$10.4M
$1.5M
Q2 25
$3.9M
$995.0K
Q1 25
$2.1M
$7.0M
Q4 24
$3.8M
$22.3M
Q3 24
$5.7M
$2.3M
Q2 24
$4.1M
$7.2M
Q1 24
$3.6M
Free Cash Flow
BKTI
BKTI
FUNC
FUNC
Q4 25
$2.8M
$15.4M
Q3 25
$10.1M
$168.0K
Q2 25
$3.7M
$706.0K
Q1 25
$1.8M
$6.4M
Q4 24
$3.4M
$20.4M
Q3 24
$5.2M
$588.0K
Q2 24
$3.9M
$7.0M
Q1 24
$3.5M
FCF Margin
BKTI
BKTI
FUNC
FUNC
Q4 25
13.2%
66.3%
Q3 25
41.3%
0.7%
Q2 25
17.3%
3.2%
Q1 25
9.6%
30.5%
Q4 24
19.2%
98.1%
Q3 24
25.8%
2.9%
Q2 24
19.2%
35.1%
Q1 24
18.9%
Capex Intensity
BKTI
BKTI
FUNC
FUNC
Q4 25
0.7%
17.1%
Q3 25
1.5%
5.9%
Q2 25
1.2%
1.3%
Q1 25
1.4%
2.8%
Q4 24
2.0%
9.3%
Q3 24
2.2%
8.4%
Q2 24
1.0%
0.6%
Q1 24
0.3%
Cash Conversion
BKTI
BKTI
FUNC
FUNC
Q4 25
0.71×
3.35×
Q3 25
3.04×
0.22×
Q2 25
1.04×
0.17×
Q1 25
0.98×
1.20×
Q4 24
1.04×
3.60×
Q3 24
2.40×
0.40×
Q2 24
2.46×
1.46×
Q1 24
0.97×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BKTI
BKTI

Segment breakdown not available.

FUNC
FUNC

Trust Department$9.8M42%
Other$5.6M24%
Debit Card Income$4.1M17%
Service Charges$2.3M10%
Brokerage Commissions$1.4M6%

Related Comparisons