Kontrol Technologies Announces First Quarter 2025 Financial Results
TORONTO — Kontrol Technologies Corp. (CBOE.CA:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol Technologies” or “Kontrol” or “Company”) has released its financial results for the first quarter of 2025. The complete set of Financial Statements and Management’s Discussion & Analysis has been filed on SEDAR (www.sedarplus.ca ).
In a statement, Paul Ghezzi, CEO of Kontrol Technologies, highlighted the company’s strategic adjustments. “As of Q1 2025, we have streamlined the Company and reduced operating expenses to align with the sale of our emission assets and a focus on our core operating business,” Ghezzi said. The company’s 2025 strategic plan includes expanding its customer base on its existing platform of approximately 400 buildings through both organic growth and acquisitions.
However, the company faced challenges in the first quarter due to market uncertainties related to tariff policies. These uncertainties have impacted large equipment manufacturers and caused delays in certain project revenues. Customers have been hesitant to engage in new upgrade projects without tariff certainty. Kontrol anticipates ongoing uncertainty until the end of Q2 2025.
First Quarter 2025 Highlights
- Revenues for the three months ended March 31, 2025, were reported at $1.5 million, compared to $3 million in the same period the previous year.
Company Overview
Kontrol Technologies Corp. is a Canadian utility company based in Mississauga, specializing in energy efficiency and technology solutions. The company performs energy audits and assessments for multi-residential, commercial, and institutional businesses worldwide. It is listed on the NEO Exchange and trades in Canadian dollars (CAD).
- Close Price (2025-05-13): 0.155 CAD
- 52 Weeks High (2024-11-03): 0.32 CAD
- 52 Weeks Low (2025-05-08): 0.14 CAD
- Market Cap: 8,767,415 CAD
- Price Earnings Ratio: 4.87912
For more information, visit the company’s website at www.kontolcorp.com .