Napco Security Technologies, Inc. (NASDAQ:NSSC) Q3 2024 Earnings Call Transcript

Kevin S. Buchel: 14.

Richard L. Soloway : Right. And prior to COVID, we had a [23] (ph).

Kevin S. Buchel: I was track, I know we’re on our way to (inaudible) that I had to remember.

Richard L. Soloway: 23.

Kevin S. Buchel: 23. So our goal is to keep the streak up, hit that 2026 numbers and have that EBITDA of 45%. And that’s it. We love to grow this business organically. But as I said, if an acquisition came around, which would be something that dealers would use regularly every day, like they put in our other products. That would be a nice tuck-in. We bring it in to our Dominican Republic, which has capacity to do $300 million, $100 million per shift, and we have room for another building alongside of it to do another $300 million — it’s a great place to manufacture. And we’re very, very integrated, as you know, where we do all our engineering in-house. We don’t farm it out, our own manufacturing in-house and have capacity. So the future is very bright for us.

Raj Sharma : Great. Well, thank you. Very helpful. Thank you I’ll go offline.

Kevin S. Buchel: Thanks Raj.

Operator: [Operator’s Instructions] There are no further questions at this time. I will turn the call over back to Mr. Soloway.

Richard L. Soloway : Thank you, everyone, for participating in today’s conference call. As always, should you have any further questions, please feel free to call Fran, Kevin or myself for further information. We thank you for your interest and support, and we look forward to speaking to you all again in a few months to discuss Napco’s fiscal Q4 and full year results. Have a wonderful day. Bye-bye.

Operator: Ladies and gentlemen, this concludes today’s conference. You may now disconnect.