The company has not filed an annual or quarterly report since its Q1 FY2018 10-Q, filed Feb 13, 2018. Its latest SEC filing is a 15-12G from Apr 2, 2018.
10-Q for Q1 FY2018, filed Feb 13, 2018
The sections below describe the company as of the FY2017 annual report.
Sells automated inspection and sorting systems, conveying and processing equipment, and related service to food processors, with inspection systems also serving pharmaceutical and tobacco businesses.
10-K for FY2017, filed Dec 8, 2017Key Technology was founded in 1948 as a local producer of vegetable processing equipment. We have evolved into a worldwide supplier of…View ↗
We and our operating subsidiaries design, manufacture, sell and service automation equipment that processes product streams of discrete…View ↗
Our primary market is the food processing industry where we apply our processing knowledge and application expertise to help customers…View ↗
Processors, manufacturers and packagers in several non-food industries are interested in automated inspection systems that reduce costs…View ↗
Customers pay for equipment when it ships or arrives at the agreed location; upgrades are billed when the conversion is complete. Service, maintenance, installation support and repairs are paid over the contract period or as the work is done.
10-K for FY2017, filed Dec 8, 2017Revenue Recognition. We recognize revenue when persuasive evidence of an arrangement exists, delivery has occurred or services have been…View ↗
$139.9M
10-K for FY2017, filed Dec 8, 2017
$139.9M ↗
Food processing companies buy equipment directly or through independent sales representatives. Pharmaceutical and nutraceutical manufacturers and contract packers, and tobacco processors, also buy inspection systems; tobacco sales are marketed through Hauni.
10-K for FY2017, filed Dec 8, 2017Our primary market is the food processing industry where we apply our processing knowledge and application expertise to help customers…View ↗
In fiscal 2017, the pharmaceutical and nutraceutical industry, which is served by our pharmaceutical product line, SYMETIX®, also…View ↗
The tobacco industry typically accounts for less than 5% of our net sales. With systems that remove non-tobacco-related material from…View ↗
We market our equipment worldwide both directly and through independent sales representatives. Sales by independent sales representatives…View ↗
10-K for FY2017, filed Dec 8, 2017
During fiscal 2017, sales to Lamb Weston Holdings, Inc. and McCain Foods Limited each represented approximately 14% of total net sales.…View ↗
Yes. It kept 3 cents of every revenue dollar as net income in .
10-K for FY2017, filed Dec 8, 2017
10-Q for Q1 FY2018, filed Feb 13, 2018
−$2.1MView ↗
8-K, filed Mar 20, 2018
As described in the Introductory Note above, on March 20, 2018, Purchaser accepted for payment all Shares validly tendered in the Offer…View ↗
Held flat. Revenue was $139.9M in , about the same as the $136.8M of .
Competes with Heat & Control, Tomra Systems, BEST, Odenberg, Sortex, Kiremko, Meyer Precision, KMG Systems, VDL Industrial Products, TNA Australia, Raytech Vision, and Concept Engineers
10-K for FY2017, filed Dec 8, 2017The markets for automated inspection systems and process systems are highly competitive. We experience significant price competition across…View ↗
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