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Addvantage Technologies Group Inc (AEY) SEC Filing 10-K Annual report for the fiscal year ending Monday, September 30, 2019

Addvantage Technologies Group Inc

CIK: 874292 Ticker: AEY

Hayden IR
Brett Maas
(646) 536-7331
aey@haydenir.com

ADDvantage Technologies Group to Report Fiscal 2019 Fourth Quarter Financial Results
on December 17, 2019

BROKEN ARROW, Oklahoma, December 2, 2019 – ADDvantage Technologies Group, Inc. (NASDAQ: AEY) announced today that it will release financial results for the three and 12-month periods ended September 30, 2019, on Tuesday, December 17th, after the close of the markets.

The Company will host a conference call on Tuesday, December 17th, at 4:30 p.m. Eastern Time featuring remarks by Joseph Hart, President and Chief Executive Officer, Kevin Brown, Chief Financial Officer, Colby Empey, President of the Wireless Services Division, Don Kinison, President of the Telecommunications Division, and Scott Francis, Chief Accounting Officer.

The conference call will be available via webcast and can be accessed through the Investor Relations section of ADDvantage's website, www.addvantagetechnologies.com. Please allow extra time prior to the call to visit the site and download any necessary software to listen to the Internet broadcast. The dial-in number for the conference call is 1-800-239-9838 (domestic) or 1-323-794-2551 (international). All dial-in participants must use the following code to access the call: 7965894. Please call at least five minutes before the scheduled start time.

For interested individuals unable to join the conference call, a replay of the call will be available through December 31, 2019 at 1-844-512-2921 (domestic) or 1-412-317-6671 (international). Participants must use the following code to access the replay of the call: 7965894. An online archive of the webcast will be available on the Company's website for 30 days following the call.

About ADDvantage Technologies Group, Inc.
ADDvantage Technologies Group, Inc. (NASDAQ: AEY) is a communications infrastructure services and equipment provider operating a diversified group of companies. Through Fulton Technologies, the Company provides turn-key wireless infrastructure services including the installation, modification and upgrading of equipment on communication towers and small cell sites for wireless carriers, national integrators, tower owners and major equipment manufacturers. Through its Nave Communications and Triton Datacom subsidiaries, ADDvantage sells equipment and hardware used to acquire, distribute, and protect the communications signals carried on fiber optic, coaxial cable and wireless distribution systems. ADDvantage also offers repair services focused on telecommunication equipment and recycling surplus and related obsolete telecommunications equipment.

ADDvantage operates through its subsidiaries: Fulton Technologies, Nave Communications and Triton Datacom. For more information, please visit the corporate web site at www.addvantagetechnologies.com.

The following information was filed by Addvantage Technologies Group Inc (AEY) on Tuesday, December 3, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside Addvantage Technologies Group Inc's 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parentheticals)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Changes In Shareholders' Equity
Consolidated Statements Of Operations
Note 1 - Summary Of Significant Accounting Policies
Note 1 - Summary Of Significant Accounting Policies (Details Textual)
Note 10 - Line Of Credit And Notes Payable
Note 10 - Line Of Credit And Notes Payable (Details Textual)
Note 11 - Stock-Based Compensation
Note 11 - Stock-Based Compensation (Details Textual)
Note 11 - Stock-Based Compensation (Tables)
Note 11 - Stock-Based Compensation - Compensation Expense Related To Restricted Stock (Details)
Note 11 - Stock-Based Compensation - Compensation Expense Related To Stock Options (Details)
Note 11 - Stock-Based Compensation - Estimated Fair Value Of Stock Options (Details)
Note 11 - Stock-Based Compensation - Outstanding And Exercisable Stock Options (Details)
Note 11 - Stock-Based Compensation - Summary Of The Status Of The Company's Stock Options (Details)
Note 12 - Retirement Plan
Note 12 - Retirement Plan (Details Textual)
Note 13 - Earnings Per Share
Note 13 - Earnings Per Share (Tables)
Note 13 - Earnings Per Share - Anti-Dilutive Securities (Details)
Note 13 - Earnings Per Share - Basic And Diluted Earnings Per Share (Details)
Note 14 - Related Parties
Note 14 - Related Parties (Details Textual)
Note 15 - Commitments And Contingencies
Note 15 - Commitments And Contingencies (Details Textual)
Note 15 - Commitments And Contingencies (Tables)
Note 15 - Commitments And Contingencies - Minimum Annual Future Obligations For Operating Leases (Details)
Note 15 - Commitments And Contingencies - Minimum Annual Future Obligations Under Capital Leases (Details)
Note 16 - Segment Reporting
Note 16 - Segment Reporting (Tables)
Note 16 - Segment Reporting - Segment Reporting Information (Details)
Note 17 - Quarterly Results Of Operations (Unaudited)
Note 17 - Quarterly Results Of Operations (Unaudited) (Tables)
Note 17 - Quarterly Results Of Operations (Unaudited) - Summary Of Quarterly Results Of Operations (Details)
Note 2 - Revenue Recognition
Note 2 - Revenue Recognition (Details Textual)
Note 2 - Revenue Recognition (Tables)
Note 2 - Revenue Recognition - Disaggregation Of Revenue (Details)
Note 3 - Acquisition
Note 3 - Acquisition (Details Textual)
Note 3 - Acquisition (Tables)
Note 3 - Acquisition - Assets Acquired And Liabilities Assumed (Details)
Note 3 - Acquisition - Pro Forma Information (Details)
Note 4 - Discontinued Operations
Note 4 - Discontinued Operations (Details Textual)
Note 4 - Discontinued Operations (Tables)
Note 4 - Discontinued Operations - Promissory Note (Details)
Note 4 - Discontinued Operations - Sale Of Cable Tv Segment (Details)
Note 5 - Accounts Receivable Agreements
Note 5 - Accounts Receivable Agreements (Details Textual)
Note 6 - Inventories
Note 6 - Inventories (Details Textual)
Note 6 - Inventories (Tables)
Note 6 - Inventories - Schedule Of Inventory (Details)
Note 7 - Intangible Assets
Note 7 - Intangible Assets (Details Textual)
Note 7 - Intangible Assets (Tables)
Note 7 - Intangible Assets - Estimated Aggregate Amortization Expense (Details)
Note 7 - Intangible Assets - Schedule Of Intangible Assets (Details)
Note 7 - Intangible Assets - Schedule Of Intangible Assets (Details) (Parentheticals)
Note 8 - Income Taxes
Note 8 - Income Taxes (Details Textual)
Note 8 - Income Taxes (Tables)
Note 8 - Income Taxes - Deferred Tax Assets (Details)
Note 8 - Income Taxes - Net Operating Loss Carryforwards (Details)
Note 8 - Income Taxes - Provision (Benefit) For Income Taxes (Details)
Note 8 - Income Taxes - Summary Of Differences Between U.S. Federal Statutory Rate And Company's Effective Tax Rate (Details)
Note 9 - Accrued Expenses
Note 9 - Accrued Expenses (Tables)
Note 9 - Accrued Expenses - Schedule Of Accrued Expenses (Details)
Significant Accounting Policies (Policies)
Ticker: AEY
CIK: 874292
Form Type: 10-K Annual Report
Accession Number: 0001445260-19-000064
Submitted to the SEC: Tue Dec 17 2019 9:19:34 PM EST
Accepted by the SEC: Tue Dec 17 2019
Period: Monday, September 30, 2019
Industry: Wholesale Durable Goods

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