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K-Tech pivots to hunting and outdoor gear and targets $60 million in revenue by 2027

K-Tech announced a strategic shift from educational toys to hunting and outdoor sports equipment, aiming for annual revenue of $60 million by fiscal 2027. The company plans to produce about 800,000 wildlife cameras per year (with cellular and satellite connectivity) and roughly 2 million earplug-style hearing protectors in electronic and passive variants. K-Tech most recently reported annual revenue of $17.09 million, has a gross profit margin of around 14%, and remains unprofitable. The announcement gives no details on planned acquisitions or concrete timelines for the revenue target; the stock is substantially up year-to-date. » More on de.investing.com