View Future GrowthKelso Technologies 과거 순이익 실적과거 기준 점검 0/6Kelso Technologies은 연평균 43.4%의 비율로 수입이 증가해 온 반면, Machinery 산업은 연평균 8.4%의 비율로 증가했습니다. 매출은 연평균 7.9%의 비율로 증가했습니다.핵심 정보43.40%순이익 성장률45.48%주당순이익(EPS) 성장률Machinery 산업 성장률16.34%매출 성장률7.87%자기자본이익률-9.07%순이익률-4.11%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 11First quarter 2026 earnings released: US$0.008 loss per share (vs US$0.009 profit in 1Q 2025)First quarter 2026 results: US$0.008 loss per share (down from US$0.009 profit in 1Q 2025). Revenue: US$1.75m (down 45% from 1Q 2025). Net loss: US$427.1k (down 185% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 30Full year 2025 earnings released: EPS: US$0.01 (vs US$0.03 loss in FY 2024)Full year 2025 results: EPS: US$0.01 (up from US$0.03 loss in FY 2024). Revenue: US$10.8m (up 1.0% from FY 2024). Net income: US$547.2k (up US$2.20m from FY 2024). Profit margin: 5.1% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 11Third quarter 2023 earnings released: US$0.002 loss per share (vs US$0.007 loss in 3Q 2022)Third quarter 2023 results: US$0.002 loss per share (improved from US$0.007 loss in 3Q 2022). Revenue: US$3.14m (up 16% from 3Q 2022). Net loss: US$102.7k (loss narrowed 72% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.Reported Earnings • Aug 13Second quarter 2023 earnings released: US$0.019 loss per share (vs US$0.01 loss in 2Q 2022)Second quarter 2023 results: US$0.019 loss per share (further deteriorated from US$0.01 loss in 2Q 2022). Revenue: US$2.15m (down 25% from 2Q 2022). Net loss: US$1.05m (loss widened 102% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.Reported Earnings • May 14First quarter 2023 earnings released: US$0.014 loss per share (vs US$0.001 loss in 1Q 2022)First quarter 2023 results: US$0.014 loss per share (further deteriorated from US$0.001 loss in 1Q 2022). Revenue: US$2.46m (down 17% from 1Q 2022). Net loss: US$786.7k (loss widened US$732.5k from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 01Full year 2022 earnings released: US$0.025 loss per share (vs US$0.051 loss in FY 2021)Full year 2022 results: US$0.025 loss per share (improved from US$0.051 loss in FY 2021). Revenue: US$10.9m (up 47% from FY 2021). Net loss: US$1.36m (loss narrowed 51% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.모든 업데이트 보기Recent updatesNew Risk • May 11New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$221k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$221k free cash flow). Market cap is less than US$10m (CA$7.19m market cap, or US$5.25m).Reported Earnings • May 11First quarter 2026 earnings released: US$0.008 loss per share (vs US$0.009 profit in 1Q 2025)First quarter 2026 results: US$0.008 loss per share (down from US$0.009 profit in 1Q 2025). Revenue: US$1.75m (down 45% from 1Q 2025). Net loss: US$427.1k (down 185% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 30Full year 2025 earnings released: EPS: US$0.01 (vs US$0.03 loss in FY 2024)Full year 2025 results: EPS: US$0.01 (up from US$0.03 loss in FY 2024). Revenue: US$10.8m (up 1.0% from FY 2024). Net income: US$547.2k (up US$2.20m from FY 2024). Profit margin: 5.1% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.공시 • Mar 23Kelso Technologies Inc., Annual General Meeting, Jun 04, 2026Kelso Technologies Inc., Annual General Meeting, Jun 04, 2026. Location: british columbia, vancouver Canada공시 • Aug 14Kelso Technologies Inc. Announces Board ChangesKelso Technologies Inc. announced that Lead Director Paul Cass will retire from the Board of directors on August 31, 2025. Independent Director Jesse Crews will assume the role of Lead Director starting September 1st, 2025. The company and the board are pleased to appoint Sameer Uplenchwar, CFO, to the newly vacant seat of the Kelso Board. Mr. Cass Served on the Board in Various Capacities for Approximately Ten Years, Including as Chair of the Audit Committee, Chair of the Compensation Committee and as Lead Director. Paul Held Many Executive Positions Throughout His Career Including as COO of Whitewater West Industries Ltd. and VP & COO of Ballard Power Systems Inc. His Vast Knowledge of Manufacturing Systems and Processes Have Been A Great Asset to Kelso. Independent Director Jesse Crews Has Accepted the Appointment of Lead Director of the Company. Mr. Crews Has Extensive Experience in the Rail Industry Including Having Served as CEO of Gatx Capital, and CIO of Trinity Rail Leasing Corporation. He Has Been an Independent Director of Kelso Technologies Inc. Since 2018. Kelso Technologies Inc.공시 • Jul 31Kelso Technologies Inc. Provides Earnings Guidance for the Year 2025Kelso Technologies Inc. provided earnings guidance for the year 2025. For the year, company expects sales growth to be flat to slightly positive, in the range of 0% to 5%, compared to fiscal year 2024. A primary emphasis for the fiscal year 2025 will be to uphold cost management as the company gears up for the expected rise in new tank car production anticipated to commence in 2026. This strategic plan will enable the company to take advantage of the growing demand and enhance profitability.공시 • May 01Kelso Technologies Inc. Provides Earnings Guidance for the Year 2025Kelso Technologies Inc. provided earnings guidance for the year 2025. For the year, company expects sales growth to be flat to slightly positive, in the range of 0% to 5%, compared to fiscal year 2024. A primary emphasis for the fiscal year 2025 will be to uphold cost management as the company gears up for the expected rise in new tank car production anticipated to commence in 2026. This strategic plan will enable the company to take advantage of the growing demand and enhance profitability.공시 • Mar 22Kelso Technologies Inc., Annual General Meeting, Jun 03, 2025Kelso Technologies Inc., Annual General Meeting, Jun 03, 2025. Location: british columbia, vancouver Canada공시 • Feb 27Kelso Technologies Inc. Provides Earnings Guidance for the Fiscal Year 2024 and 2025Kelso Technologies Inc. provided earnings guidance for the fiscal year 2025. For fiscal year 2025, the company anticipates sales growth to be flat to slightly positive, in the range of 0% to 5%, compared to fiscal year 2024. A key focus for fiscal year 2025 will be maintaining cost discipline as the company prepares for the anticipated upswing in new tank car builds expected to begin starting 2026. This strategic approach will position the company to capitalize on the increased demand and maximize profitability. For fiscal year 2024, the Company intends to optimize its balance sheet by reassessing inventory levels and the carrying value of KXI. Consequently, Kelso anticipates a significant loss in fiscal year 2024 due to one-time expenses and write-offs. For fiscal year 2024, the Company expects to report revenue of $10.7 million.공시 • Feb 11Kelso Technologies Inc. Appoints Frank Busch as Permanent Chief Executive OfficerKelso Technologies Inc. announced the appointment of Frank Busch as the company's permanent Chief Executive Officer. Mr. Busch has been serving as interim CEO since July 2024.공시 • Sep 03Kelso Technologies Inc. Announces Change of Corporate SecretaryKelso Technologies Inc. has terminated the services of Kathy Love as Corporate Secretary of the Corporation, effective August 30, 2024. Kelso is also announced the appointment of Maureen O'Hanley Doucette as Corporate Secretary. Ms. O'Hanley Doucette has over 30 years of business experience in banking, hotel sales and administration, IT software and financial services, including as a Corporate Secretary. She has worked with Kelso since 2011 and is familiar with the requirements of a public company Board of Directors.공시 • Jul 10+ 1 more updateKelso Technologies Inc. Announces CEO ChangesKelso Technologies Inc. announced that Mr. James R. Bond, the Chief Executive Officer informed the Company that he has decided to retire from his roles with the Company and its subsidiaries, effective as of the close of business on July 9, 2024. Mr. Frank Busch, a director of the Company, has been appointed as interim Chief Executive Officer, effective as of the close of business on July 9, 2024. Mr. Busch has been a director of the Company since February 11, 2020 and is Chair of the Audit and Finance Committee. Busch is a member of the Nisichawayasihk Cree Nation, and holds an undergraduate degree from the University of Manitoba, 5 certificates from the Canadian Securities Institute, and a Post-Graduate Certificate in Finance from Harvard University. He has worked with various organizations, companies, and boards throughout his 20-year career, mainly in finance and leadership positions. Mr. Busch will be reaching out to stakeholders over the next few weeks and will review the company’s market outlook and strategic planning.공시 • Apr 05Kelso Technologies Inc., Annual General Meeting, Jun 06, 2024Kelso Technologies Inc., Annual General Meeting, Jun 06, 2024.공시 • Mar 06Kelso Technologies Announces Intention to Delist from NYSE AmericanKelso Technologies Inc. announced that it has notified the NYSE American of its intention to voluntarily delist its common shares (Shares) from the NYSE American. The Shares will continue to trade on the Toronto Stock Exchange (TSX). As previously announced in its press release dated December 18, 2023, Kelso received a notification letter (the "Notice") dated December 12, 2023 from the NYSE American stating that the NYSE American staff had determined that the Company's securities had been trading at a low price per share for a substantial period of time and as a result, the Company was not in compliance with the NYSE American's continued listing standards (the Listing Standards). After careful consideration, the Company has evaluated the benefits and costs of continuing its listing on NYSE American and has concluded that it is appropriate to voluntarily delist from the NYSE American at this time. With the Shares concurrently trading on the TSX, the Company believes the costs associated with a continued U.S. stock exchange listing, as well as the administrative burdens and requirements associated with maintaining a dual listing, are not justified at this time. The Company has also concluded that a reverse split of the Company's Shares of a magnitude necessary to come into compliance with the Listing Standards is not a desirable alternative at this time and would not be in the best interest of the Company's shareholders. The Company does not expect to seek to list its shares on another U.S. national securities exchange or U.S. quotation system. The Company intends to file a Form 25 with the U.S. Securities and Exchange Commission on or about March 15, 2024, which Form would become effective 10 days following filing thereof, resulting in the delisting of the Shares from NYSE American on or about March 25, 2024.분석 기사 • Jan 24What Kelso Technologies Inc.'s (TSE:KLS) 32% Share Price Gain Is Not Telling YouThose holding Kelso Technologies Inc. ( TSE:KLS ) shares would be relieved that the share price has rebounded 32% in...공시 • Dec 18Kelso Technologies Receives Notice of Non-Compliance from NYSE AmericanKelso Technologies Inc. (‘Kelso’ or the ‘Company’) reported that Kelso received a notification letter (the ‘Notice’) dated December 12, 2023 from the NYSE American LLC (the ‘NYSE American’) stating that the Company is not in compliance with the continued listing standards as set forth in Section 1003(f)(v) of the NYSE American Company Guide (‘Company Guide’). The Notice stated that the NYSE American staff had determined that the Company’s securities have been trading at a low price per share for a substantial period of time. The Notice further stated that the Company’s continued listing is predicated on it effecting a reverse stock split of its common shares or otherwise demonstrating sustained price improvement within a reasonable period of time, which the NYSE American determined to be no later than June 12, 2024. The NYSE American can take accelerated delisting action in the event that the Company’s common shares trade at levels deemed to be abnormally low. The Notice has no immediate effect on the listing status of the Company’s securities on the NYSE American and the Company’s common shares will continue to trade on the NYSE American under the symbol ‘KIQ’, but will have an added designation of ‘.BC’ to indicate that the Company is below-compliance with the Company Guide. The Company intends to evaluate its business plans, strategic alternatives and listing objectives in cooperation with NYSE American representatives. There can be no assurance, however, that the Company will be able to regain compliance with the listing standards discussed above.Reported Earnings • Nov 11Third quarter 2023 earnings released: US$0.002 loss per share (vs US$0.007 loss in 3Q 2022)Third quarter 2023 results: US$0.002 loss per share (improved from US$0.007 loss in 3Q 2022). Revenue: US$3.14m (up 16% from 3Q 2022). Net loss: US$102.7k (loss narrowed 72% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.New Risk • Oct 26New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$14.1m (US$10.2m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 28% per year over the past 5 years. Market cap is less than US$10m (CA$14.1m market cap, or US$10.2m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change).공시 • Sep 13Kelso Technologies Inc. Files First Patent Application for the Company's Automated Traction Optimization Method for Vehicle Suspension SystemsKelso Technologies Inc. reported that it has filed its first Patent application for the Company's Automated Traction Optimization Method for Vehicle Suspension Systems (" Method"). The Patent Application forms the Company's initial proprietary claims and intellectual foundation for its automotive wilderness technologies. This patent application filing begins the Company's comprehensive proprietary protection program for its current and future technologies. The Method has been researched, designed, engineered and developed in the Company's wholly owned subsidiary KIQ X Industries Inc. ("KIQ") under proprietary brand name KXI Wildertec. Over the past two years a talented team of engineers, technology specialists, wilderness experts and corporate stakeholders committed to the successful creation of a unique and proprietary vehicle suspension control method. The technology automatically orients a vehicle around its center of gravity and adjusts itself to safely apply optimal ground pressure to each wheel to deliver maximum traction and stability in real time. The design objective of the Method is to ensure all vehicle maneuvers, whether automated or manual, are performed in a stable balanced position when driven in complex and dynamic environments. Challenging maneuvers addressed by the Method include ledge climbs, ledge drops, ditch crossings, extreme obstacles and severe side-slope challenges. Extensive testing in extreme wilderness scenarios has confirmed that the Method can be expected to provide: Novel traction capabilities for a vehicle to better access remote wilderness areas by automated management of each wheel’s ground pressure oriented to the center-of-gravity of the vehicle delivering predicable, stable travel in diverse wilderness terrain compositions; Diminishment of wheel slip and the enablement of safer climbing, traversing and descending operations resulting in lower negative ecological impacts and less fuel consumption; Gyroscopically balanced ride controls provide preset and automatically adjusting configurations that improve ride quality to enable safer travel speeds on wilderness service roads, rugged trails and better access to overgrown, heavily sloped and complex wilderness terrain while mitigating occupant stress and fatigue.Reported Earnings • Aug 13Second quarter 2023 earnings released: US$0.019 loss per share (vs US$0.01 loss in 2Q 2022)Second quarter 2023 results: US$0.019 loss per share (further deteriorated from US$0.01 loss in 2Q 2022). Revenue: US$2.15m (down 25% from 2Q 2022). Net loss: US$1.05m (loss widened 102% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.분석 기사 • Jul 22Here's Why We're Not At All Concerned With Kelso Technologies' (TSE:KLS) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...New Risk • Jul 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (CA$24.4m market cap, or US$18.5m).Reported Earnings • May 14First quarter 2023 earnings released: US$0.014 loss per share (vs US$0.001 loss in 1Q 2022)First quarter 2023 results: US$0.014 loss per share (further deteriorated from US$0.001 loss in 1Q 2022). Revenue: US$2.46m (down 17% from 1Q 2022). Net loss: US$786.7k (loss widened US$732.5k from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 01Full year 2022 earnings released: US$0.025 loss per share (vs US$0.051 loss in FY 2021)Full year 2022 results: US$0.025 loss per share (improved from US$0.051 loss in FY 2021). Revenue: US$10.9m (up 47% from FY 2021). Net loss: US$1.36m (loss narrowed 51% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.분석 기사 • Mar 06We Think Kelso Technologies (TSE:KLS) Can Easily Afford To Drive Business GrowthJust because a business does not make any money, does not mean that the stock will go down. For example, although...Board Change • Mar 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Director Frank Busch was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Nov 16Third quarter 2022 earnings released: US$0.007 loss per share (vs US$0.008 loss in 3Q 2021)Third quarter 2022 results: US$0.007 loss per share (improved from US$0.008 loss in 3Q 2021). Revenue: US$2.71m (up 29% from 3Q 2021). Net loss: US$361.5k (loss narrowed 17% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 16Second quarter 2022 earnings released: US$0.01 loss per share (vs US$0.008 loss in 2Q 2021)Second quarter 2022 results: US$0.01 loss per share (down from US$0.008 loss in 2Q 2021). Revenue: US$2.87m (up 36% from 2Q 2021). Net loss: US$519.4k (loss widened 32% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.분석 기사 • Aug 03We're Hopeful That Kelso Technologies (TSE:KLS) Will Use Its Cash WiselyJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...공시 • Jun 04Kelso Technologies Inc. Elects Paul Cass as Director At the Annual General Meeting Held on June 2, 2022Kelso Technologies Inc. elected Paul Cass as director at the annual general meeting held on June 2, 2022 to hold office until the next annual meeting of shareholders or until their successors are elected or appointed.Reported Earnings • May 13First quarter 2022 earnings released: US$0.001 loss per share (vs US$0.017 loss in 1Q 2021)First quarter 2022 results: US$0.001 loss per share (up from US$0.017 loss in 1Q 2021). Revenue: US$2.96m (up 143% from 1Q 2021). Net loss: US$54.1k (loss narrowed 93% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.분석 기사 • Apr 12We're Hopeful That Kelso Technologies (TSE:KLS) Will Use Its Cash WiselyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...Reported Earnings • Mar 29Full year 2021 earnings releasedFull year 2021 results: Revenue: US$7.43m (down 33% from FY 2020). Net loss: US$2.76m (loss widened 111% from FY 2020).공시 • Feb 18Kelso Technologies Inc. Announces Angle Valve Service Trials UpdateKelso Technologies Inc. reported that all of the participating oil refiners engaged in the service trials of the Company’s new 2” angle valve (K2AV) have successfully installed the requisite number of K2AV units and full AAR compliance testing continues. The Kelso K2AV is a device specifically designed to transfer LP-Gas and anhydrous ammonia in pressurized railroad tank car applications. The current pressure car fleet includes approximately 85,000 tank cars and each pressure tank car utilizes three K2AV units. These are high value specialty products and management’s objectives are to generate multi-million dollar revenues from the K2AV as oil refiners specify the Company’s products in larger numbers. The pressure tank car market is a previously untapped market for Kelso to develop. The development of the K2AV has been driven by customers’ demand for better performing angle valves due to irregular performance of the current products available in the market today. The Kelso K2AV is a single piece of high-quality fabricated steel eliminating porosity weakness found in commonly used castings. It is designed for universal use, there are no wetted or outlet O-rings to change out; it has a self-draining, self-cleaning seat; it has a low operating torque for ease of use; it has an adjustable packing gland; and it is a serviceable valve. The K2AV has an AAR standard mounting that will allow for ease of interchangeability with other 2” angle valves. The K2AV is completely manufactured in the USA. The K2AV rounds out the Kelso Pressure Car Kit which includes the pressure relief valve (PCH), an excess flow check valve, a thermometer well, a needle (sampling) valve and magnetic gauging device. The availability of the Kelso Pressure Car Kit provides customers with the opportunity for one-stop sourcing for pressure car needs.Reported Earnings • Nov 13Third quarter 2021 earnings released: US$0.008 loss per share (vs US$0.014 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$2.09m (up 32% from 3Q 2020). Net loss: US$433.3k (loss narrowed 36% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.공시 • Aug 26Kelso Technologies Inc. Announces the Regulatory Completion of New Commercial Truck Tanker EquipmentKelso Technologies Inc. (‘Kelso’ or the ‘Company’) reported that the Company has completed the design, engineering and required regulatory testing of two key pieces of truck tanker equipment created for the reliable containment and pressure management of commodities that are transported via roads. The specialized products include a combined pressure/vacuum relief valve (PVR) and a one-bolt manway (OBM). These new products are based on its existing patents that are utilized in rail tank car applications and meet all DOT 407 49 CFR 178.345 regulations. Over the past several years the Company's strategic development partners have been instrumental in finalizing all design specifications for roadway applications. The Company believes that Kelso has reached the key milestone of approval of the PVR and OBM design with the trucking industry setting the stage for potential full market adoption. Key advantages of the OBM include: 100% made in the United States with short delivery times for customers; Elimination of eye bolts saves time, reduces tripping hazards and reduces likelihood of leaks; Reduced operational open/close time (more efficient turnaround times); Uniform pressure of the lid and straps results in increased gasket life providing cost savings; and Enhances user safety. Key advantages of the PVR include: 100% made in the United States with short delivery times for customers; Robust design utilizing fabricated parts with no castings (can be re-certified for continued use); Reliability of constant force springs extends life of the valve; and Available with 25psi and 30psi Maximum Allowable Working Pressure (MAWP) applications. During the development process several prototypes of the PVR and OBM were installed on a truck tanker for design assessment and testing by the Company's industrial technology partner. After design completion, the OBM and PVR were fully field-tested and successfully vetted at a third party laboratory to ensure both products met or exceeded the established requirements and they are now ready for full market distribution. The Company has commenced marketing and sales initiatives to promote wide scale adoption of the truck tanker OBM and PVR. Management believes that these new product entries can lead to new multi-million-dollar revenue opportunities from truck tanker markets.Reported Earnings • Aug 14Second quarter 2021 earnings released: US$0.01 loss per share (vs US$0.005 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: US$2.12m (down 16% from 2Q 2020). Net loss: US$394.2k (loss widened 55% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Reported Earnings • May 13First quarter 2021 earnings released: US$0.017 loss per share (vs US$0.027 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$1.22m (down 78% from 1Q 2020). Net loss: US$800.1k (down 162% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 19Full year 2020 earnings released: US$0.028 loss per share (vs US$0.071 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$11.1m (down 46% from FY 2019). Net loss: US$1.31m (down 139% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.분석 기사 • Mar 17Kelso Technologies Inc.'s (TSE:KLS) Stock Is Going Strong: Is the Market Following Fundamentals?Kelso Technologies (TSE:KLS) has had a great run on the share market with its stock up by a significant 82% over the...공시 • Mar 07Kelso Technologies Inc. announced that it has received CAD 6.37 million in fundingOn March 5, 2021, Kelso Technologies Inc. (TSX:KLS) closed the transaction.공시 • Mar 05Kelso Technologies Inc. Terminates the Technology Development Agreement with the G & J Technologies IncKelso Technologies Inc. announced that the Company has terminated the Technology Development Agreement with the service provider, G & J Technologies Inc. and inventor/innovator Gebhard Wager which has served as the development agreement for the Company's KXI Suspension.Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to US$1.35, the stock is trading at a trailing P/E ratio of 31.7x, down from the previous P/E ratio of 39.5x. This compares to an average P/E of 32x in the Machinery industry in Canada. Total returns to shareholders over the past three years are 90%.Is New 90 Day High Low • Feb 24New 90-day high: CA$1.68The company is up 171% from its price of CA$0.62 on 25 November 2020. The Canadian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 41% over the same period.분석 기사 • Feb 10The Kelso Technologies (TSE:KLS) Share Price Is Up 75% And Shareholders Are Holding OnOne simple way to benefit from the stock market is to buy an index fund. But if you pick the right individual stocks...Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to US$1.12, the stock is trading at a trailing P/E ratio of 25.9x, up from the previous P/E ratio of 22.2x. This compares to an average P/E of 28x in the Machinery industry in Canada. Total returns to shareholders over the past three years are 40%.공시 • Feb 03Kelso Technologies Inc. announced that it expects to receive CAD 6.3 million in fundingKelso Technologies Inc. (TSX:KLS) announced a non-brokered private placement of up to 7,000,000 units at a price of CAD 0.90 per unit for gross proceeds of CAD 6,300,000 on February 2, 2021. Each unit consists of one common share and one half of one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share CAD 1.15 for the first 12 months or CAD 1.30 for the second 12 months from the date of closing of the offering. The company may pay finder's fees equal to 8% of the proceeds raised in the transaction subject to acceptance by the Toronto Stock Exchange. The securities issued are subject to a hold period of four months plus one day from the date of closing. The transaction is subject to receipt of all regulatory approvals, including approval from the Toronto Stock Exchange, and all other closing conditions.Is New 90 Day High Low • Feb 02New 90-day high: CA$1.19The company is up 72% from its price of CA$0.69 on 03 November 2020. The Canadian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 71% over the same period.공시 • Jan 29Kelso Technologies Inc Provides A Progress Report on the KXI Suspension Development ProjectKelso Technologies Inc. (Kelso) provided a progress report on the KXI Suspension Development Project (the KXI project) given the negative effects of the COVID-19 pandemic on general business development ambitions and resources. Kelso operates the KXI project through the company’s wholly owned subsidiary KIQ X Industries (“KIQ”). The focus of KIQ is to develop advanced transportation technologies that provide for safer, more efficient and environmentally responsible wilderness operations. KXI is a new pioneer brand (WILDERTEC™) initiated by Kelso to service the niche industry of wilderness transportation technologies. The Company’s goal is to utilize well established automotive engineering practices to solve the challenges of extreme wilderness terrain travel and create opportunities and efficiencies for both industry and public service customers. Third party wilderness experts have confirmed that the Company’s “proof-of-concept” KXI is unique with a good market potential. They confirm that a new non-serviced market exists and is worth pursuing. KXI performs well off road and should allow users to get to wilderness terrain safely with less human fatigue. It demonstrates better wilderness performance than any other known vehicle and has low environmental impact on the ground. KIQ can now begin to scale KXI to a heavy duty host vehicle which represents a larger more accessible commercial market opportunity. This strategic direction is expected to have lower R&D costs because of better transmissions, diesel options, better payload and tougher durability. The Company’s KXI engineering group includes professional automotive engineers, software and regulatory experts who will push toward final design specifications. The Company’s goal is to ensure the KXI vehicle provides complete compliance to all federal standards and regional regulations including warranty support from KIQ and host vehicle OEMs. The Company’s experts confirm that there are regulatory advantages to pursue the development of a heavy duty vehicle and that development is underway.분석 기사 • Jan 13Calculating The Intrinsic Value Of Kelso Technologies Inc. (TSE:KLS)In this article we are going to estimate the intrinsic value of Kelso Technologies Inc. ( TSE:KLS ) by taking the...Is New 90 Day High Low • Jan 12New 90-day high: CA$0.86The company is up 16% from its price of CA$0.74 on 13 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 53% over the same period.분석 기사 • Dec 23Should You Use Kelso Technologies's (TSE:KLS) Statutory Earnings To Analyse It?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. That said, the...분석 기사 • Dec 02Declining Stock and Solid Fundamentals: Is The Market Wrong About Kelso Technologies Inc. (TSE:KLS)?It is hard to get excited after looking at Kelso Technologies' (TSE:KLS) recent performance, when its stock has...Is New 90 Day High Low • Nov 25New 90-day low: CA$0.62The company is down 24% from its price of CA$0.82 on 26 August 2020. The Canadian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 22% over the same period.Reported Earnings • Oct 31Third quarter earnings releasedOver the last 12 months the company has reported total profits of US$1.59m, down 36% from the prior year. Total revenue was US$15.1m over the last 12 months, down 23% from the prior year.공시 • Sep 30Kelso Technologies Inc. Field Service Trials for New Pressure Car Angle ValveKelso Technologies Inc. (“Kelso” or the “Company”) reported that a key customer has started the installation of Kelso’s new 2” pressure car angle valve (K2AV) for commercial field service trial testing as required by the Association of American Railroads (AAR). The K2AV is a high-value specialized valve specifically designed for pressure tank cars. The service trial will test a total of thirty K2AV units on ten tank cars. Currently, there are approximately 85,000 pressure tank cars in the rail fleet according to AAR statistics. The K2AV represents a significant opportunity for Kelso to expand the Company’s product footprint in rail tank car equipment. The K2AV joins the Company’s Kelso Top Ball Valve (KTBV), the Standard Profile Bottom Outlet Valve (KBOV) and the Pressure Car Pressure Relief Valve (KPCH) in field service trial testing as a prerequisite for final commercial AAR approvals. These advancements in service field trial activities by rail stakeholders are a direct result of Kelso’s focus on customer-driven product development initiatives that are expected to fuel the growth of rail related revenues from a larger rail product pipeline. The design objectives are to significantly diminish the expensive chronic performance and supply problems that are persistent with the current angle valves widely used. The K2AV is utilized on pressurized rail tank cars for the primary purpose of loading and unloading the contents of the tank. It is positioned on top of pressure service tank cars with a standard configuration consisting of either three or four angle valves per tank car. Pressure tank cars are loaded through the angle valves located inside the top protective housing assembly and are used to transport flammable and non-flammable gases. The key proprietary design elements for the K2AV include the use of single piece, high quality machined parts to eliminate any porosity weakness - no casted parts are used. The K2AV is designed for inspection, repairs and maintenance as the outlet face plate flange and gasket can be easily removed for service. The K2AV contains a self-draining, self-cleaning seat, thus extending the life of the seats and the valve by preventing puddling of commodity in the seat area. The K2AV meets or exceeds AAR Standards and Regulations and it comes with a standard AAR tongue and groove mounting, which is required for pressure car applications. Like all Kelso rail tank car products, the Company’s K2AV is completely manufactured in the USA and fully machined from virgin material which is a significant improvement over the imported cast components used by competitors. The Company’s well-established supply chain management system allows Kelso to provide customers with the shortest and most reliable lead times in the industry – a key benefit to customers with dynamic production systems. The Company’s K2AV development associates have agreed to meet all the requirements of the AAR field service trial testing. Their participation will assist in the completion of regulatory processes necessary to gain full AAR approvals. An AAR approved K2AV is expected to improve the potential of market adoption by numerous customers.Is New 90 Day High Low • Sep 19New 90-day low: CA$0.67The company is down 24% from its price of CA$0.88 on 19 June 2020. The Canadian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 4.0% over the same period.분석 기사 • Jul 29Are Kelso Technologies's (TSE:KLS) Statutory Earnings A Good Guide To Its Underlying Profitability?As a general rule, we think profitable companies are less risky than companies that lose money. Having said that...분석 기사 • Jun 16Should You Like Kelso Technologies Inc.’s (TSE:KLS) High Return On Capital Employed?Today we'll evaluate Kelso Technologies Inc. (TSE:KLS) to determine whether it could have potential as an investment...매출 및 비용 세부 내역Kelso Technologies가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSX:KLS 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비31 Mar 26904031 Dec 251114030 Sep 251105030 Jun 2511-15031 Mar 2511-15031 Dec 2411-25030 Sep 241114030 Jun 241214031 Mar 241104031 Dec 231104130 Sep 2310-25130 Jun 2310-35131 Mar 2310-24131 Dec 221104030 Sep 2211-24230 Jun 2210-24231 Mar 229-24231 Dec 217-34230 Sep 217-34130 Jun 216-44131 Mar 217-34131 Dec 2011-14130 Sep 201524130 Jun 201935131 Mar 202145131 Dec 192135130 Sep 191924130 Jun 191724131 Mar 191624131 Dec 181303130 Sep 1810-24230 Jun 188-44231 Mar 187-54231 Dec 176-54230 Sep 176-34130 Jun 177-35131 Mar 178-25131 Dec 168-25130 Sep 169-44130 Jun 1612-44131 Mar 1614-44131 Dec 1519-35130 Sep 152316130 Jun 1524251양질의 수익: KLS 은(는) 현재 수익성이 없습니다.이익 마진 증가: KLS는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: KLS는 수익성이 없지만 지난 5년 동안 연평균 43.4%의 속도로 손실을 줄였습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 KLS의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: KLS은 수익성이 없어 지난 해 수익 성장률을 Machinery 업계(1.6%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: KLS는 현재 수익성이 없으므로 자본 수익률이 음수(-9.07%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YCapital-goods 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/23 02:23종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Kelso Technologies Inc.는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관James MorrisonATB Cormark Historical (Cormark Securities)Russell StanleyResearch Capital Corporation
Reported Earnings • May 11First quarter 2026 earnings released: US$0.008 loss per share (vs US$0.009 profit in 1Q 2025)First quarter 2026 results: US$0.008 loss per share (down from US$0.009 profit in 1Q 2025). Revenue: US$1.75m (down 45% from 1Q 2025). Net loss: US$427.1k (down 185% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 30Full year 2025 earnings released: EPS: US$0.01 (vs US$0.03 loss in FY 2024)Full year 2025 results: EPS: US$0.01 (up from US$0.03 loss in FY 2024). Revenue: US$10.8m (up 1.0% from FY 2024). Net income: US$547.2k (up US$2.20m from FY 2024). Profit margin: 5.1% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 11Third quarter 2023 earnings released: US$0.002 loss per share (vs US$0.007 loss in 3Q 2022)Third quarter 2023 results: US$0.002 loss per share (improved from US$0.007 loss in 3Q 2022). Revenue: US$3.14m (up 16% from 3Q 2022). Net loss: US$102.7k (loss narrowed 72% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Aug 13Second quarter 2023 earnings released: US$0.019 loss per share (vs US$0.01 loss in 2Q 2022)Second quarter 2023 results: US$0.019 loss per share (further deteriorated from US$0.01 loss in 2Q 2022). Revenue: US$2.15m (down 25% from 2Q 2022). Net loss: US$1.05m (loss widened 102% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 14First quarter 2023 earnings released: US$0.014 loss per share (vs US$0.001 loss in 1Q 2022)First quarter 2023 results: US$0.014 loss per share (further deteriorated from US$0.001 loss in 1Q 2022). Revenue: US$2.46m (down 17% from 1Q 2022). Net loss: US$786.7k (loss widened US$732.5k from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 01Full year 2022 earnings released: US$0.025 loss per share (vs US$0.051 loss in FY 2021)Full year 2022 results: US$0.025 loss per share (improved from US$0.051 loss in FY 2021). Revenue: US$10.9m (up 47% from FY 2021). Net loss: US$1.36m (loss narrowed 51% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
New Risk • May 11New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$221k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$221k free cash flow). Market cap is less than US$10m (CA$7.19m market cap, or US$5.25m).
Reported Earnings • May 11First quarter 2026 earnings released: US$0.008 loss per share (vs US$0.009 profit in 1Q 2025)First quarter 2026 results: US$0.008 loss per share (down from US$0.009 profit in 1Q 2025). Revenue: US$1.75m (down 45% from 1Q 2025). Net loss: US$427.1k (down 185% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 30Full year 2025 earnings released: EPS: US$0.01 (vs US$0.03 loss in FY 2024)Full year 2025 results: EPS: US$0.01 (up from US$0.03 loss in FY 2024). Revenue: US$10.8m (up 1.0% from FY 2024). Net income: US$547.2k (up US$2.20m from FY 2024). Profit margin: 5.1% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
공시 • Mar 23Kelso Technologies Inc., Annual General Meeting, Jun 04, 2026Kelso Technologies Inc., Annual General Meeting, Jun 04, 2026. Location: british columbia, vancouver Canada
공시 • Aug 14Kelso Technologies Inc. Announces Board ChangesKelso Technologies Inc. announced that Lead Director Paul Cass will retire from the Board of directors on August 31, 2025. Independent Director Jesse Crews will assume the role of Lead Director starting September 1st, 2025. The company and the board are pleased to appoint Sameer Uplenchwar, CFO, to the newly vacant seat of the Kelso Board. Mr. Cass Served on the Board in Various Capacities for Approximately Ten Years, Including as Chair of the Audit Committee, Chair of the Compensation Committee and as Lead Director. Paul Held Many Executive Positions Throughout His Career Including as COO of Whitewater West Industries Ltd. and VP & COO of Ballard Power Systems Inc. His Vast Knowledge of Manufacturing Systems and Processes Have Been A Great Asset to Kelso. Independent Director Jesse Crews Has Accepted the Appointment of Lead Director of the Company. Mr. Crews Has Extensive Experience in the Rail Industry Including Having Served as CEO of Gatx Capital, and CIO of Trinity Rail Leasing Corporation. He Has Been an Independent Director of Kelso Technologies Inc. Since 2018. Kelso Technologies Inc.
공시 • Jul 31Kelso Technologies Inc. Provides Earnings Guidance for the Year 2025Kelso Technologies Inc. provided earnings guidance for the year 2025. For the year, company expects sales growth to be flat to slightly positive, in the range of 0% to 5%, compared to fiscal year 2024. A primary emphasis for the fiscal year 2025 will be to uphold cost management as the company gears up for the expected rise in new tank car production anticipated to commence in 2026. This strategic plan will enable the company to take advantage of the growing demand and enhance profitability.
공시 • May 01Kelso Technologies Inc. Provides Earnings Guidance for the Year 2025Kelso Technologies Inc. provided earnings guidance for the year 2025. For the year, company expects sales growth to be flat to slightly positive, in the range of 0% to 5%, compared to fiscal year 2024. A primary emphasis for the fiscal year 2025 will be to uphold cost management as the company gears up for the expected rise in new tank car production anticipated to commence in 2026. This strategic plan will enable the company to take advantage of the growing demand and enhance profitability.
공시 • Mar 22Kelso Technologies Inc., Annual General Meeting, Jun 03, 2025Kelso Technologies Inc., Annual General Meeting, Jun 03, 2025. Location: british columbia, vancouver Canada
공시 • Feb 27Kelso Technologies Inc. Provides Earnings Guidance for the Fiscal Year 2024 and 2025Kelso Technologies Inc. provided earnings guidance for the fiscal year 2025. For fiscal year 2025, the company anticipates sales growth to be flat to slightly positive, in the range of 0% to 5%, compared to fiscal year 2024. A key focus for fiscal year 2025 will be maintaining cost discipline as the company prepares for the anticipated upswing in new tank car builds expected to begin starting 2026. This strategic approach will position the company to capitalize on the increased demand and maximize profitability. For fiscal year 2024, the Company intends to optimize its balance sheet by reassessing inventory levels and the carrying value of KXI. Consequently, Kelso anticipates a significant loss in fiscal year 2024 due to one-time expenses and write-offs. For fiscal year 2024, the Company expects to report revenue of $10.7 million.
공시 • Feb 11Kelso Technologies Inc. Appoints Frank Busch as Permanent Chief Executive OfficerKelso Technologies Inc. announced the appointment of Frank Busch as the company's permanent Chief Executive Officer. Mr. Busch has been serving as interim CEO since July 2024.
공시 • Sep 03Kelso Technologies Inc. Announces Change of Corporate SecretaryKelso Technologies Inc. has terminated the services of Kathy Love as Corporate Secretary of the Corporation, effective August 30, 2024. Kelso is also announced the appointment of Maureen O'Hanley Doucette as Corporate Secretary. Ms. O'Hanley Doucette has over 30 years of business experience in banking, hotel sales and administration, IT software and financial services, including as a Corporate Secretary. She has worked with Kelso since 2011 and is familiar with the requirements of a public company Board of Directors.
공시 • Jul 10+ 1 more updateKelso Technologies Inc. Announces CEO ChangesKelso Technologies Inc. announced that Mr. James R. Bond, the Chief Executive Officer informed the Company that he has decided to retire from his roles with the Company and its subsidiaries, effective as of the close of business on July 9, 2024. Mr. Frank Busch, a director of the Company, has been appointed as interim Chief Executive Officer, effective as of the close of business on July 9, 2024. Mr. Busch has been a director of the Company since February 11, 2020 and is Chair of the Audit and Finance Committee. Busch is a member of the Nisichawayasihk Cree Nation, and holds an undergraduate degree from the University of Manitoba, 5 certificates from the Canadian Securities Institute, and a Post-Graduate Certificate in Finance from Harvard University. He has worked with various organizations, companies, and boards throughout his 20-year career, mainly in finance and leadership positions. Mr. Busch will be reaching out to stakeholders over the next few weeks and will review the company’s market outlook and strategic planning.
공시 • Apr 05Kelso Technologies Inc., Annual General Meeting, Jun 06, 2024Kelso Technologies Inc., Annual General Meeting, Jun 06, 2024.
공시 • Mar 06Kelso Technologies Announces Intention to Delist from NYSE AmericanKelso Technologies Inc. announced that it has notified the NYSE American of its intention to voluntarily delist its common shares (Shares) from the NYSE American. The Shares will continue to trade on the Toronto Stock Exchange (TSX). As previously announced in its press release dated December 18, 2023, Kelso received a notification letter (the "Notice") dated December 12, 2023 from the NYSE American stating that the NYSE American staff had determined that the Company's securities had been trading at a low price per share for a substantial period of time and as a result, the Company was not in compliance with the NYSE American's continued listing standards (the Listing Standards). After careful consideration, the Company has evaluated the benefits and costs of continuing its listing on NYSE American and has concluded that it is appropriate to voluntarily delist from the NYSE American at this time. With the Shares concurrently trading on the TSX, the Company believes the costs associated with a continued U.S. stock exchange listing, as well as the administrative burdens and requirements associated with maintaining a dual listing, are not justified at this time. The Company has also concluded that a reverse split of the Company's Shares of a magnitude necessary to come into compliance with the Listing Standards is not a desirable alternative at this time and would not be in the best interest of the Company's shareholders. The Company does not expect to seek to list its shares on another U.S. national securities exchange or U.S. quotation system. The Company intends to file a Form 25 with the U.S. Securities and Exchange Commission on or about March 15, 2024, which Form would become effective 10 days following filing thereof, resulting in the delisting of the Shares from NYSE American on or about March 25, 2024.
분석 기사 • Jan 24What Kelso Technologies Inc.'s (TSE:KLS) 32% Share Price Gain Is Not Telling YouThose holding Kelso Technologies Inc. ( TSE:KLS ) shares would be relieved that the share price has rebounded 32% in...
공시 • Dec 18Kelso Technologies Receives Notice of Non-Compliance from NYSE AmericanKelso Technologies Inc. (‘Kelso’ or the ‘Company’) reported that Kelso received a notification letter (the ‘Notice’) dated December 12, 2023 from the NYSE American LLC (the ‘NYSE American’) stating that the Company is not in compliance with the continued listing standards as set forth in Section 1003(f)(v) of the NYSE American Company Guide (‘Company Guide’). The Notice stated that the NYSE American staff had determined that the Company’s securities have been trading at a low price per share for a substantial period of time. The Notice further stated that the Company’s continued listing is predicated on it effecting a reverse stock split of its common shares or otherwise demonstrating sustained price improvement within a reasonable period of time, which the NYSE American determined to be no later than June 12, 2024. The NYSE American can take accelerated delisting action in the event that the Company’s common shares trade at levels deemed to be abnormally low. The Notice has no immediate effect on the listing status of the Company’s securities on the NYSE American and the Company’s common shares will continue to trade on the NYSE American under the symbol ‘KIQ’, but will have an added designation of ‘.BC’ to indicate that the Company is below-compliance with the Company Guide. The Company intends to evaluate its business plans, strategic alternatives and listing objectives in cooperation with NYSE American representatives. There can be no assurance, however, that the Company will be able to regain compliance with the listing standards discussed above.
Reported Earnings • Nov 11Third quarter 2023 earnings released: US$0.002 loss per share (vs US$0.007 loss in 3Q 2022)Third quarter 2023 results: US$0.002 loss per share (improved from US$0.007 loss in 3Q 2022). Revenue: US$3.14m (up 16% from 3Q 2022). Net loss: US$102.7k (loss narrowed 72% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.
New Risk • Oct 26New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$14.1m (US$10.2m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 28% per year over the past 5 years. Market cap is less than US$10m (CA$14.1m market cap, or US$10.2m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change).
공시 • Sep 13Kelso Technologies Inc. Files First Patent Application for the Company's Automated Traction Optimization Method for Vehicle Suspension SystemsKelso Technologies Inc. reported that it has filed its first Patent application for the Company's Automated Traction Optimization Method for Vehicle Suspension Systems (" Method"). The Patent Application forms the Company's initial proprietary claims and intellectual foundation for its automotive wilderness technologies. This patent application filing begins the Company's comprehensive proprietary protection program for its current and future technologies. The Method has been researched, designed, engineered and developed in the Company's wholly owned subsidiary KIQ X Industries Inc. ("KIQ") under proprietary brand name KXI Wildertec. Over the past two years a talented team of engineers, technology specialists, wilderness experts and corporate stakeholders committed to the successful creation of a unique and proprietary vehicle suspension control method. The technology automatically orients a vehicle around its center of gravity and adjusts itself to safely apply optimal ground pressure to each wheel to deliver maximum traction and stability in real time. The design objective of the Method is to ensure all vehicle maneuvers, whether automated or manual, are performed in a stable balanced position when driven in complex and dynamic environments. Challenging maneuvers addressed by the Method include ledge climbs, ledge drops, ditch crossings, extreme obstacles and severe side-slope challenges. Extensive testing in extreme wilderness scenarios has confirmed that the Method can be expected to provide: Novel traction capabilities for a vehicle to better access remote wilderness areas by automated management of each wheel’s ground pressure oriented to the center-of-gravity of the vehicle delivering predicable, stable travel in diverse wilderness terrain compositions; Diminishment of wheel slip and the enablement of safer climbing, traversing and descending operations resulting in lower negative ecological impacts and less fuel consumption; Gyroscopically balanced ride controls provide preset and automatically adjusting configurations that improve ride quality to enable safer travel speeds on wilderness service roads, rugged trails and better access to overgrown, heavily sloped and complex wilderness terrain while mitigating occupant stress and fatigue.
Reported Earnings • Aug 13Second quarter 2023 earnings released: US$0.019 loss per share (vs US$0.01 loss in 2Q 2022)Second quarter 2023 results: US$0.019 loss per share (further deteriorated from US$0.01 loss in 2Q 2022). Revenue: US$2.15m (down 25% from 2Q 2022). Net loss: US$1.05m (loss widened 102% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
분석 기사 • Jul 22Here's Why We're Not At All Concerned With Kelso Technologies' (TSE:KLS) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
New Risk • Jul 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (CA$24.4m market cap, or US$18.5m).
Reported Earnings • May 14First quarter 2023 earnings released: US$0.014 loss per share (vs US$0.001 loss in 1Q 2022)First quarter 2023 results: US$0.014 loss per share (further deteriorated from US$0.001 loss in 1Q 2022). Revenue: US$2.46m (down 17% from 1Q 2022). Net loss: US$786.7k (loss widened US$732.5k from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 01Full year 2022 earnings released: US$0.025 loss per share (vs US$0.051 loss in FY 2021)Full year 2022 results: US$0.025 loss per share (improved from US$0.051 loss in FY 2021). Revenue: US$10.9m (up 47% from FY 2021). Net loss: US$1.36m (loss narrowed 51% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
분석 기사 • Mar 06We Think Kelso Technologies (TSE:KLS) Can Easily Afford To Drive Business GrowthJust because a business does not make any money, does not mean that the stock will go down. For example, although...
Board Change • Mar 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Director Frank Busch was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Nov 16Third quarter 2022 earnings released: US$0.007 loss per share (vs US$0.008 loss in 3Q 2021)Third quarter 2022 results: US$0.007 loss per share (improved from US$0.008 loss in 3Q 2021). Revenue: US$2.71m (up 29% from 3Q 2021). Net loss: US$361.5k (loss narrowed 17% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 16Second quarter 2022 earnings released: US$0.01 loss per share (vs US$0.008 loss in 2Q 2021)Second quarter 2022 results: US$0.01 loss per share (down from US$0.008 loss in 2Q 2021). Revenue: US$2.87m (up 36% from 2Q 2021). Net loss: US$519.4k (loss widened 32% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
분석 기사 • Aug 03We're Hopeful That Kelso Technologies (TSE:KLS) Will Use Its Cash WiselyJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
공시 • Jun 04Kelso Technologies Inc. Elects Paul Cass as Director At the Annual General Meeting Held on June 2, 2022Kelso Technologies Inc. elected Paul Cass as director at the annual general meeting held on June 2, 2022 to hold office until the next annual meeting of shareholders or until their successors are elected or appointed.
Reported Earnings • May 13First quarter 2022 earnings released: US$0.001 loss per share (vs US$0.017 loss in 1Q 2021)First quarter 2022 results: US$0.001 loss per share (up from US$0.017 loss in 1Q 2021). Revenue: US$2.96m (up 143% from 1Q 2021). Net loss: US$54.1k (loss narrowed 93% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
분석 기사 • Apr 12We're Hopeful That Kelso Technologies (TSE:KLS) Will Use Its Cash WiselyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Reported Earnings • Mar 29Full year 2021 earnings releasedFull year 2021 results: Revenue: US$7.43m (down 33% from FY 2020). Net loss: US$2.76m (loss widened 111% from FY 2020).
공시 • Feb 18Kelso Technologies Inc. Announces Angle Valve Service Trials UpdateKelso Technologies Inc. reported that all of the participating oil refiners engaged in the service trials of the Company’s new 2” angle valve (K2AV) have successfully installed the requisite number of K2AV units and full AAR compliance testing continues. The Kelso K2AV is a device specifically designed to transfer LP-Gas and anhydrous ammonia in pressurized railroad tank car applications. The current pressure car fleet includes approximately 85,000 tank cars and each pressure tank car utilizes three K2AV units. These are high value specialty products and management’s objectives are to generate multi-million dollar revenues from the K2AV as oil refiners specify the Company’s products in larger numbers. The pressure tank car market is a previously untapped market for Kelso to develop. The development of the K2AV has been driven by customers’ demand for better performing angle valves due to irregular performance of the current products available in the market today. The Kelso K2AV is a single piece of high-quality fabricated steel eliminating porosity weakness found in commonly used castings. It is designed for universal use, there are no wetted or outlet O-rings to change out; it has a self-draining, self-cleaning seat; it has a low operating torque for ease of use; it has an adjustable packing gland; and it is a serviceable valve. The K2AV has an AAR standard mounting that will allow for ease of interchangeability with other 2” angle valves. The K2AV is completely manufactured in the USA. The K2AV rounds out the Kelso Pressure Car Kit which includes the pressure relief valve (PCH), an excess flow check valve, a thermometer well, a needle (sampling) valve and magnetic gauging device. The availability of the Kelso Pressure Car Kit provides customers with the opportunity for one-stop sourcing for pressure car needs.
Reported Earnings • Nov 13Third quarter 2021 earnings released: US$0.008 loss per share (vs US$0.014 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$2.09m (up 32% from 3Q 2020). Net loss: US$433.3k (loss narrowed 36% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
공시 • Aug 26Kelso Technologies Inc. Announces the Regulatory Completion of New Commercial Truck Tanker EquipmentKelso Technologies Inc. (‘Kelso’ or the ‘Company’) reported that the Company has completed the design, engineering and required regulatory testing of two key pieces of truck tanker equipment created for the reliable containment and pressure management of commodities that are transported via roads. The specialized products include a combined pressure/vacuum relief valve (PVR) and a one-bolt manway (OBM). These new products are based on its existing patents that are utilized in rail tank car applications and meet all DOT 407 49 CFR 178.345 regulations. Over the past several years the Company's strategic development partners have been instrumental in finalizing all design specifications for roadway applications. The Company believes that Kelso has reached the key milestone of approval of the PVR and OBM design with the trucking industry setting the stage for potential full market adoption. Key advantages of the OBM include: 100% made in the United States with short delivery times for customers; Elimination of eye bolts saves time, reduces tripping hazards and reduces likelihood of leaks; Reduced operational open/close time (more efficient turnaround times); Uniform pressure of the lid and straps results in increased gasket life providing cost savings; and Enhances user safety. Key advantages of the PVR include: 100% made in the United States with short delivery times for customers; Robust design utilizing fabricated parts with no castings (can be re-certified for continued use); Reliability of constant force springs extends life of the valve; and Available with 25psi and 30psi Maximum Allowable Working Pressure (MAWP) applications. During the development process several prototypes of the PVR and OBM were installed on a truck tanker for design assessment and testing by the Company's industrial technology partner. After design completion, the OBM and PVR were fully field-tested and successfully vetted at a third party laboratory to ensure both products met or exceeded the established requirements and they are now ready for full market distribution. The Company has commenced marketing and sales initiatives to promote wide scale adoption of the truck tanker OBM and PVR. Management believes that these new product entries can lead to new multi-million-dollar revenue opportunities from truck tanker markets.
Reported Earnings • Aug 14Second quarter 2021 earnings released: US$0.01 loss per share (vs US$0.005 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: US$2.12m (down 16% from 2Q 2020). Net loss: US$394.2k (loss widened 55% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Reported Earnings • May 13First quarter 2021 earnings released: US$0.017 loss per share (vs US$0.027 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$1.22m (down 78% from 1Q 2020). Net loss: US$800.1k (down 162% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 19Full year 2020 earnings released: US$0.028 loss per share (vs US$0.071 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$11.1m (down 46% from FY 2019). Net loss: US$1.31m (down 139% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
분석 기사 • Mar 17Kelso Technologies Inc.'s (TSE:KLS) Stock Is Going Strong: Is the Market Following Fundamentals?Kelso Technologies (TSE:KLS) has had a great run on the share market with its stock up by a significant 82% over the...
공시 • Mar 07Kelso Technologies Inc. announced that it has received CAD 6.37 million in fundingOn March 5, 2021, Kelso Technologies Inc. (TSX:KLS) closed the transaction.
공시 • Mar 05Kelso Technologies Inc. Terminates the Technology Development Agreement with the G & J Technologies IncKelso Technologies Inc. announced that the Company has terminated the Technology Development Agreement with the service provider, G & J Technologies Inc. and inventor/innovator Gebhard Wager which has served as the development agreement for the Company's KXI Suspension.
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to US$1.35, the stock is trading at a trailing P/E ratio of 31.7x, down from the previous P/E ratio of 39.5x. This compares to an average P/E of 32x in the Machinery industry in Canada. Total returns to shareholders over the past three years are 90%.
Is New 90 Day High Low • Feb 24New 90-day high: CA$1.68The company is up 171% from its price of CA$0.62 on 25 November 2020. The Canadian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 41% over the same period.
분석 기사 • Feb 10The Kelso Technologies (TSE:KLS) Share Price Is Up 75% And Shareholders Are Holding OnOne simple way to benefit from the stock market is to buy an index fund. But if you pick the right individual stocks...
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to US$1.12, the stock is trading at a trailing P/E ratio of 25.9x, up from the previous P/E ratio of 22.2x. This compares to an average P/E of 28x in the Machinery industry in Canada. Total returns to shareholders over the past three years are 40%.
공시 • Feb 03Kelso Technologies Inc. announced that it expects to receive CAD 6.3 million in fundingKelso Technologies Inc. (TSX:KLS) announced a non-brokered private placement of up to 7,000,000 units at a price of CAD 0.90 per unit for gross proceeds of CAD 6,300,000 on February 2, 2021. Each unit consists of one common share and one half of one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share CAD 1.15 for the first 12 months or CAD 1.30 for the second 12 months from the date of closing of the offering. The company may pay finder's fees equal to 8% of the proceeds raised in the transaction subject to acceptance by the Toronto Stock Exchange. The securities issued are subject to a hold period of four months plus one day from the date of closing. The transaction is subject to receipt of all regulatory approvals, including approval from the Toronto Stock Exchange, and all other closing conditions.
Is New 90 Day High Low • Feb 02New 90-day high: CA$1.19The company is up 72% from its price of CA$0.69 on 03 November 2020. The Canadian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 71% over the same period.
공시 • Jan 29Kelso Technologies Inc Provides A Progress Report on the KXI Suspension Development ProjectKelso Technologies Inc. (Kelso) provided a progress report on the KXI Suspension Development Project (the KXI project) given the negative effects of the COVID-19 pandemic on general business development ambitions and resources. Kelso operates the KXI project through the company’s wholly owned subsidiary KIQ X Industries (“KIQ”). The focus of KIQ is to develop advanced transportation technologies that provide for safer, more efficient and environmentally responsible wilderness operations. KXI is a new pioneer brand (WILDERTEC™) initiated by Kelso to service the niche industry of wilderness transportation technologies. The Company’s goal is to utilize well established automotive engineering practices to solve the challenges of extreme wilderness terrain travel and create opportunities and efficiencies for both industry and public service customers. Third party wilderness experts have confirmed that the Company’s “proof-of-concept” KXI is unique with a good market potential. They confirm that a new non-serviced market exists and is worth pursuing. KXI performs well off road and should allow users to get to wilderness terrain safely with less human fatigue. It demonstrates better wilderness performance than any other known vehicle and has low environmental impact on the ground. KIQ can now begin to scale KXI to a heavy duty host vehicle which represents a larger more accessible commercial market opportunity. This strategic direction is expected to have lower R&D costs because of better transmissions, diesel options, better payload and tougher durability. The Company’s KXI engineering group includes professional automotive engineers, software and regulatory experts who will push toward final design specifications. The Company’s goal is to ensure the KXI vehicle provides complete compliance to all federal standards and regional regulations including warranty support from KIQ and host vehicle OEMs. The Company’s experts confirm that there are regulatory advantages to pursue the development of a heavy duty vehicle and that development is underway.
분석 기사 • Jan 13Calculating The Intrinsic Value Of Kelso Technologies Inc. (TSE:KLS)In this article we are going to estimate the intrinsic value of Kelso Technologies Inc. ( TSE:KLS ) by taking the...
Is New 90 Day High Low • Jan 12New 90-day high: CA$0.86The company is up 16% from its price of CA$0.74 on 13 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 53% over the same period.
분석 기사 • Dec 23Should You Use Kelso Technologies's (TSE:KLS) Statutory Earnings To Analyse It?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. That said, the...
분석 기사 • Dec 02Declining Stock and Solid Fundamentals: Is The Market Wrong About Kelso Technologies Inc. (TSE:KLS)?It is hard to get excited after looking at Kelso Technologies' (TSE:KLS) recent performance, when its stock has...
Is New 90 Day High Low • Nov 25New 90-day low: CA$0.62The company is down 24% from its price of CA$0.82 on 26 August 2020. The Canadian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 22% over the same period.
Reported Earnings • Oct 31Third quarter earnings releasedOver the last 12 months the company has reported total profits of US$1.59m, down 36% from the prior year. Total revenue was US$15.1m over the last 12 months, down 23% from the prior year.
공시 • Sep 30Kelso Technologies Inc. Field Service Trials for New Pressure Car Angle ValveKelso Technologies Inc. (“Kelso” or the “Company”) reported that a key customer has started the installation of Kelso’s new 2” pressure car angle valve (K2AV) for commercial field service trial testing as required by the Association of American Railroads (AAR). The K2AV is a high-value specialized valve specifically designed for pressure tank cars. The service trial will test a total of thirty K2AV units on ten tank cars. Currently, there are approximately 85,000 pressure tank cars in the rail fleet according to AAR statistics. The K2AV represents a significant opportunity for Kelso to expand the Company’s product footprint in rail tank car equipment. The K2AV joins the Company’s Kelso Top Ball Valve (KTBV), the Standard Profile Bottom Outlet Valve (KBOV) and the Pressure Car Pressure Relief Valve (KPCH) in field service trial testing as a prerequisite for final commercial AAR approvals. These advancements in service field trial activities by rail stakeholders are a direct result of Kelso’s focus on customer-driven product development initiatives that are expected to fuel the growth of rail related revenues from a larger rail product pipeline. The design objectives are to significantly diminish the expensive chronic performance and supply problems that are persistent with the current angle valves widely used. The K2AV is utilized on pressurized rail tank cars for the primary purpose of loading and unloading the contents of the tank. It is positioned on top of pressure service tank cars with a standard configuration consisting of either three or four angle valves per tank car. Pressure tank cars are loaded through the angle valves located inside the top protective housing assembly and are used to transport flammable and non-flammable gases. The key proprietary design elements for the K2AV include the use of single piece, high quality machined parts to eliminate any porosity weakness - no casted parts are used. The K2AV is designed for inspection, repairs and maintenance as the outlet face plate flange and gasket can be easily removed for service. The K2AV contains a self-draining, self-cleaning seat, thus extending the life of the seats and the valve by preventing puddling of commodity in the seat area. The K2AV meets or exceeds AAR Standards and Regulations and it comes with a standard AAR tongue and groove mounting, which is required for pressure car applications. Like all Kelso rail tank car products, the Company’s K2AV is completely manufactured in the USA and fully machined from virgin material which is a significant improvement over the imported cast components used by competitors. The Company’s well-established supply chain management system allows Kelso to provide customers with the shortest and most reliable lead times in the industry – a key benefit to customers with dynamic production systems. The Company’s K2AV development associates have agreed to meet all the requirements of the AAR field service trial testing. Their participation will assist in the completion of regulatory processes necessary to gain full AAR approvals. An AAR approved K2AV is expected to improve the potential of market adoption by numerous customers.
Is New 90 Day High Low • Sep 19New 90-day low: CA$0.67The company is down 24% from its price of CA$0.88 on 19 June 2020. The Canadian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 4.0% over the same period.
분석 기사 • Jul 29Are Kelso Technologies's (TSE:KLS) Statutory Earnings A Good Guide To Its Underlying Profitability?As a general rule, we think profitable companies are less risky than companies that lose money. Having said that...
분석 기사 • Jun 16Should You Like Kelso Technologies Inc.’s (TSE:KLS) High Return On Capital Employed?Today we'll evaluate Kelso Technologies Inc. (TSE:KLS) to determine whether it could have potential as an investment...