News

Butler National Acquires All Equity Interest of Boot Hill Casino Manager

OLATHE, KANSAS, October 20, 2021, – Butler National Corporation (OTCQB: BUKS) a recognized provider of professional management services in the gaming industry, announces its subsidiary, Butler National Service Corporation (BNSC) closed on the purchase of the minority equity ownership interest in BHCMC, LLC, (BHCMC) that results in BNSC being the sole owner of BHCMC, manager of the Boot Hill Casino & Resort.

BNSC purchased the 2,000 Class A Preferred Membership Units from BHC Investment Company, LC for approximately $16.4 million including an allocation for taxes. The Sale and Purchase of the Preferred Units in BHCMC, LLC makes BNSC the sole owner/member of BHCMC.

To view the full press release in PDF format, please click here.

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FY 2022 Q1 – Financial Results and Conference Call

OLATHE, KANSAS, September 10, 2021, – Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the first quarter fiscal 2022 ended July 31, 2021. In conjunction with the release, the Company has scheduled a conference call Tuesday, September 14, 2021 at 10:00 AM Central Daylight Time.

What: Butler National Corporation First Quarter Fiscal 2022 Financial Results Conference Call

When: Tuesday, July 20, 2021 – 9:00 AM Central Daylight Time

How: Live via phone by dialing 877-358-7305. Code: Butler National Corporation. Participants to the conference call should call in at least 5 minutes prior to the start time.

Clark Stewart, President & CEO, Butler National Corp., will be leading the call and discussing results of the fourth quarter and fiscal year end, the status of new and existing orders, gaming activities and an outlook on the balance of fiscal 2022.

To view the full press release in PDF format, please click here.

To view Butler National Corporation Q1 FY2022 Form 10-Q in PDF format, please click here.

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FY 2021 Q4 – Financial Results and Conference Call

OLATHE, KANSAS, July 16, 2021, – Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the fourth quarter and fiscal year ended April 30, 2021. In conjunction with the release, the Company has scheduled a conference call Tuesday, July 20, 2021 at 9:00 AM Central Daylight Time.

What: Butler National Corporation Fourth Quarter Fiscal Year End 2021 Financial Results Conference Call

When: Tuesday, July 20, 2021 – 9:00 AM Central Daylight Time

How: Live via phone by dialing 877-358-7305. Code: Butler National Corporation. Participants to the conference call should call in at least 5 minutes prior to the start time.

Clark Stewart, President & CEO, Butler National Corp., will be leading the call and discussing results of the fourth quarter and fiscal year end, the status of new and existing orders, gaming activities and an outlook on the balance of fiscal 2022.

To view the full press release in PDF format, please click here.

To view Butler National Corporation Q4 FY2021 Form 10-K in PDF format, please click here.

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FY 2021 Q3 – Financial Results and Conference Call

OLATHE, KANSAS, March 12, 2021, – Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the third quarter fiscal 2021 ended January 31, 2021. In conjunction with the release, the Company has scheduled a conference call Monday, March 15, 2021 at 10:00 AM Central Daylight Time.

What: Butler National Corporation Third Quarter Fiscal 2021 Financial Results Conference Call

When: Monday, March 15, 2021 – 10:00 AM Central Daylight Time

How: Live via phone by dialing 877-358-7305. Code: Butler National Corporation. Participants to the conference call should call in at least 5 minutes prior to the start time.

Clark Stewart, President & CEO, Butler National Corp., will be leading the call and discussing results of the third quarter, the status of new and existing orders, gaming activities and an outlook on the balance of fiscal 2021.

To view the full press release in PDF format, please click here.

To view Butler National Corporation Q3 FY2021 Form 10-Q in PDF format, please click here.

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Butler National Lease Buy-Out Debt Transaction Completed

Butler National subsidiary BHCMC, LLC acquires Boot Hill Casino Real Estate with a $42 Million Debt Transaction

OLATHE, KANSAS, December 22, 2020, – Butler National Corporation (OTCQB: BUKS) a recognized provider of professional management services in the gaming industry, announces the completion of the acquisition of the Boot Hill and Resort Casino land and building by the exercise of its lease buy-out option.

BHCMC, LLC completed a $42 Million debt transaction to exercise an option to acquire the casino land and building for $41.25 million from BHC Development, L.C. The transaction consisted of two bank loans with Academy Bank, N.A. One note for $35 million collateralized by real estate in Dodge City with an interest rate of 5.25% payable over seven years with an initial twenty-year amortization and a balloon payment of approximately $19.25 million at the end of seven years. The second note for $7 million collateralized by real estate in Dodge City with an interest rate of 5.75% payable in full over five years. The balance of the two loans was used to pay financing related expenses and attorney fees.

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FY 2021 Q2 – Financial Results and Conference Call

OLATHE, KANSAS – Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the second quarter fiscal 2021 ended October 31, 2020. In conjunction with the release, the Company has scheduled a conference call Tuesday, December 15, 2020 at 10:00 AM Central Standard Time.

What: Butler National Corporation Second Quarter Fiscal 2021 Financial Results Conference Call

When: Tuesday, December 15, 2020 – 10:00 AM Central Standard Time

How: Live via phone by dialing 877-358-7305. Code: Butler National Corporation. Participants to the conference call should call in at least 5 minutes prior to the start time.

Clark Stewart, President & CEO, Butler National Corp., will be leading the call and discussing results of the second quarter, the status of new and existing orders, gaming activities and an outlook on the balance of fiscal 2021.

To view the full press release in PDF format, please click here.

To view Butler National Corporation Q2 FY2021 Form 10-Q in PDF format, please click here.

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FY 2021 Q1 – Financial Results and Conference Call

OLATHE, KANSAS – Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the first quarter fiscal 2021 ended July 31, 2020. In conjunction with the release, the Company has scheduled a conference call Tuesday, September 15, 2020 at 10:00 AM Central Daylight Time.

What: Butler National Corporation First Quarter Fiscal 2021 Financial Results Conference Call

When: Tuesday, September 15, 2020 – 10:00 AM Central Daylight Time

How: Live via phone by dialing 877-358-7305. Code: Butler National Corporation. Participants to the conference call should call in at least 5 minutes prior to the start time.

Clark Stewart, President & CEO, Butler National Corp., will be leading the call and discussing results of the first quarter, the status of new and existing orders, gaming activities and an outlook on the balance of fiscal 2021.

To view the full press release in PDF format, please click here.

To view Butler National Corporation Q1 FY2021 Form 10-Q in PDF format, please click here.

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FY 2020 Q4 – Financial Results and Conference Call

Revenue Increased 12%, Net Income of $4.2 Million

OLATHE, KANSAS – Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the fourth quarter and fiscal year ended April 30, 2020. In conjunction with the release, the Company has scheduled a conference call Tuesday, July 21, 2020 at 9:00 AM Central Daylight Time.

What: Butler National Corporation Fourth Quarter Fiscal Year End 2020 Financial Results Conference Call

When: Tuesday, July 21, 2020 – 9:00 AM Central Daylight Time

How: Live via phone by dialing 877-358-7305. Code: Butler National Corporation. Participants to the conference call should call in at least 5 minutes prior to the start time.

Clark Stewart, President & CEO, Butler National Corp., will be leading the call and discussing results of the fourth quarter and fiscal year end, the status of new and existing orders, gaming activities and an outlook on the balance of fiscal 2021.

To view the full press release in PDF format, please click here.

To view Butler National Corporation Q4 FY2020 Form 10-K in PDF format, please click here.

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FY 2020 Q3 – Financial Results and Conference Call

Revenue Increased 18%, Net Income of $1.3 Million

OLATHE, KANSAS – Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the third quarter fiscal 2020 ended January 31, 2020. In conjunction with the release, the Company has scheduled a conference call Monday, March 16, 2020 at 10:00 AM Central Daylight Time.

What: Butler National Corporation Third Quarter Fiscal 2020 Financial Results Conference Call

When: Monday, March 16, 2020 – 10:00 AM Central Daylight Time

How: Live via phone by dialing 877-358-7305. Code: Butler National Corporation. Participants to the conference call should call in at least 5 minutes prior to the start time.

Clark Stewart, President & CEO, Butler National Corp., will be leading the call and discussing results of the third quarter, the status of new and existing orders, gaming activities and an outlook on the balance of fiscal 2020.

To view the full press release in PDF format, please click here.

To view Butler National Corporation Q3 FY2020 Form 10-Q in PDF format, please click here.

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FY 2020 Q2 – Financial Results and Conference Call

Revenue Increased 27%, Net Income Increased 30% to $2.2 Million

Olathe, Kansas – Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the second quarter fiscal 2020 ended October 31, 2019. In conjunction with the release, the Company has scheduled a conference call Tuesday, December 17, 2019 at 9:00 AM Central Standard Time.

What: Butler National Corporation Second Quarter Fiscal 2020 Financial Results Conference Call

When: Tuesday, December 17, 2019 – 9:00 AM Central Standard Time

How: Live via phone by dialing 877-358-7305. Code: Butler National Corporation. Participants to the conference call should call in at least 5 minutes prior to the start time.

Clark Stewart, President & CEO, Butler National Corp., will be leading the call and discussing results of the second quarter, the status of new and existing orders, gaming activities and an outlook on the balance of fiscal 2020.

To view the full press release in PDF format, please click here.

To view Butler National Corporation Q2 FY2020 Form 10-Q in PDF format, please click here.

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Butler National Casino Management Contract 15-Year Renewal Approved

Kansas Lottery Signs Agreement for Amendment and Renewal of Lottery Gaming Facility Management Contract with Butler National Service Corporation and BHCMC for 15-Year Extension

Olathe, Kansas – Butler National Corporation (OTCQB: BUKS) a recognized provider of professional management services in the gaming industry, announces the Kansas Lottery has entered into a Renewal Agreement for the Lottery Gaming Facility Management Contract for the Boot Hill Casino with subsidiaries Butler National Service Corporation and BHCMC, LLC that includes a 15-year extension following the term of the current Management Contract. The new contract benefits the State of Kansas, Southwest Kansas and Butler National.

To view the full press release in PDF format, please click here.

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FY 2020 Q1 – Financial Results and Conference Call

Revenue Increased 27%, Net Income Increased to $2.1 Million

Olathe, Kansas – Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the first quarter fiscal 2020 ended July 31, 2019. In conjunction with the release, the Company has scheduled a conference call Tuesday, September 17, 2019 at 9:00 AM Central Daylight Time.

What: Butler National Corporation First Quarter Fiscal 2020 Financial Results Conference Call

When: Tuesday, September 17, 2019 – 9:00 AM Central Daylight Time (CDT)

How: Live via phone by dialing 877-358-7305. Code: Butler National Corporation. Participants to the conference call should call in at least 5 minutes prior to the start time.

Clark Stewart, President & CEO of Butler National Corporation, will lead the call and discuss results of the first quarter, the status of new and existing orders, gaming activities and an outlook on the balance of fiscal 2020.

To view the full press release in PDF format, please click here.

To view Butler National Corporation Q1 FY2020 Form 10-Q in PDF format, please click here.

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FY 2019 Q4 – Financial Results and Conference Call

Revenue increased 22% to $58.7 Million in Fiscal 2019 from $48.3 Million in Fiscal 2018

Olathe, Kansas – Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the fourth quarter fiscal 2019 and year ended April 30, 2019. In conjunction with the release, the Company has scheduled a conference call Tuesday, July 23, 2019 at 9:00 AM Central Daylight Time.

What: Butler National Corporation Fourth Quarter and Fiscal Year-End Results Conference Call

When: Tuesday, July 23, 2019 – 9:00 AM Central Daylight Time (CDT)

How: Live via phone by dialing 877-358-7305. Code: Butler National Corporation. Participants to the conference call should call in at least 5 minutes prior to the start time.

Clark Stewart, President & CEO of Butler National Corporation, will lead the call and discuss results of the fourth quarter and fiscal year-end financial results, the status of existing and new business, and an outlook for fiscal 2020.

To view the full press release in PDF format, please click here.

To view Butler National Corporation FY2019 10-K in PDF format, please click here.

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ADS-B STC for TCAS-II Equiped Learjet 31A Aircraft Receives FAA Approval

Olathe, Kansas, (Originally filed February 21, 2019) – Butler National Corporation (OTC QB: BUKS), a leader in aircraft special mission and avionics modification, announces Federal Aviation Administration (“FAA”) Supplemental Type Certificate (“STC”) approval of the Butler National ADS-B(Out) avionics solution in the Learjet Models 31 and 31A with TCAS II.

More information regarding ADS-B is available on the Butler Avionics website. You may view the full press release regarding this STC by clicking here.

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Learjet 31A ADS-B STC Receives FAA Approval

Olathe, Kansas (Originally Filed June 22, 2018) – Butler Avionics, Inc., a subsidiary of Butler National Corporation (OTC QB: BUKS), received Federal Aviation Administration (“FAA”) Supplemental Type Certificate (“STC”) approval for its ADS-B(Out) solution in the Learjet 31A.

More information regarding ADS-B is available on the Butler Avionics website.

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