Announcement • May 22
Kontrol Technologies Corp. Provides Update on Kontrol BuildX AI Platform Kontrol Technologies Corp. announced that following the previously announced launch of the Kontrol BuildX AI platform on May 8, 2025, the Company is providing an update on the strategic direction of this initiative. With its service platform currently active across more than 400 buildings, the Company intends to continue developing Kontrol BuildX AI as an internally focused Autonomous Agent to support internal business functions including Requests for Proposals (RFPs), technical knowledge retrieval, document analysis, workflow coordination, and operational reporting. The platform has already contributed to the Company’s ability to participate in larger RFP opportunities and increased proposal response capacity without corresponding increases in labour or overhead. An Autonomous Agent is an AI-powered system capable of independently performing complex tasks, making data-driven decisions, and executing multi-step workflows with minimal human intervention. Unlike traditional software tools, autonomous agents may perceive their environment, process large volumes of structured and unstructured data, and continuously improve performance through iterative learning and interaction with operational datasets. The Company will fund all development internally and the software investment which is not anticipated to be material to the overall expenses of the Company. Reported Earnings • May 18
First quarter 2026 earnings released: CA$0.008 loss per share (vs CA$0.021 loss in 1Q 2025) First quarter 2026 results: CA$0.008 loss per share (improved from CA$0.021 loss in 1Q 2025). Revenue: CA$1.30m (down 13% from 1Q 2025). Net loss: CA$432.6k (loss narrowed 62% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. New Risk • May 15
New minor risk - Share price stability The 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 Market cap is less than US$10m (CA$3.54m market cap, or US$2.58m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Revenue is less than US$5m (CA$5.7m revenue, or US$4.1m). Reported Earnings • Apr 04
Full year 2025 earnings released: CA$0.11 loss per share (vs CA$0.21 profit in FY 2024) Full year 2025 results: CA$0.11 loss per share (down from CA$0.21 profit in FY 2024). Revenue: CA$5.68m (down 48% from FY 2024). Net loss: CA$6.26m (down 151% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. New Risk • Dec 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% 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 Market cap is less than US$10m (CA$4.92m market cap, or US$3.57m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). Revenue is less than US$5m (CA$5.8m revenue, or US$4.2m). Reported Earnings • Nov 16
Third quarter 2025 earnings released: EPS: CA$0.013 (vs CA$0.014 loss in 3Q 2024) Third quarter 2025 results: EPS: CA$0.013 (up from CA$0.014 loss in 3Q 2024). Revenue: CA$1.34m (down 23% from 3Q 2024). Net income: CA$706.4k (up CA$1.51m from 3Q 2024). Profit margin: 53% (up from net loss in 3Q 2024). Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Renewable Energy industry in Canada. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Announcement • Oct 28
Kontrol Technologies Corp., Annual General Meeting, Dec 30, 2025 Kontrol Technologies Corp., Annual General Meeting, Dec 30, 2025. Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: CA$0.004 (vs CA$0.21 in 2Q 2024) Second quarter 2025 results: EPS: CA$0.004 (down from CA$0.21 in 2Q 2024). Revenue: CA$1.26m (down 66% from 2Q 2024). Net income: CA$230.6k (down 98% from 2Q 2024). Profit margin: 18% (down from 337% in 2Q 2024). Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Renewable Energy industry in Canada. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jun 26
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.4% to CA$0.14. The fair value is estimated to be CA$0.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 57% over the last 3 years. Earnings per share has grown by 101%. Buy Or Sell Opportunity • Jun 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.4% to CA$0.14. The fair value is estimated to be CA$0.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 57% over the last 3 years. Earnings per share has grown by 101%. Buy Or Sell Opportunity • May 21
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.9% to CA$0.16. The fair value is estimated to be CA$0.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 57% over the last 3 years. Earnings per share has grown by 101%. Reported Earnings • May 18
First quarter 2025 earnings released: CA$0.021 loss per share (vs CA$0.009 profit in 1Q 2024) First quarter 2025 results: CA$0.021 loss per share (down from CA$0.009 profit in 1Q 2024). Net loss: CA$1.15m (down 315% from profit in 1Q 2024). Revenue is expected to decline by 8.4% p.a. on average during the next 2 years, while revenues in the Renewable Energy industry in Canada are expected to grow by 8.4%. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Announcement • May 09
Kontrol Technologies Launches BuildX AI Platform Kontrol Technologies Corp. provides corporate update and announces new BuildX AI platform for commercial and industrial buildings. The Company serves over 400 commercial and industrial buildings with HVAC solutions and services. It has launched BuildX AI, a new platform designed to improve how building owners and operators interact with their buildings and HVAC systems. Traditionally, the industry focuses on equipment replacement and maintenance cycles, but this approach often lacks efficient data integration and analytics to improve how buildings and HVAC assets are managed. BuildX AI addresses this by connecting with existing equipment and incorporating advanced drone technology and sensors throughout buildings. Asset managers and owners will gain much needed insights and actionable data to improve operations and capital budgeting. The Company will provide an update on its pilots as they are completed. The Company continues to review multiple potential acquisition opportunities. The potential acquisitions are subject to customary due diligence and definitive agreements. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings. Reported Earnings • Apr 01
Full year 2024 earnings released: EPS: CA$0.21 (vs CA$0 in FY 2023) Full year 2024 results: EPS: CA$0.21 (up from CA$0 in FY 2023). Net income: CA$12.2m (up CA$12.2m from FY 2023). Revenue is expected to decline by 17% p.a. on average during the next 2 years, while revenues in the Renewable Energy industry in Canada are expected to grow by 4.9%. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 17
Third quarter 2024 earnings released: CA$0.014 loss per share (vs CA$0.012 profit in 3Q 2023) Third quarter 2024 results: CA$0.014 loss per share (down from CA$0.012 profit in 3Q 2023). Revenue: CA$1.74m (down 62% from 3Q 2023). Net loss: CA$805.4k (down 221% from profit in 3Q 2023). Revenue is expected to decline by 25% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Canada are expected to grow by 3.1%. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings. New Risk • Nov 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% 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 High level of non-cash earnings (95% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$15.4m market cap, or US$11.0m). Announcement • Oct 22
Kontrol Technologies Corp., Annual General Meeting, Dec 20, 2024 Kontrol Technologies Corp., Annual General Meeting, Dec 20, 2024. New Risk • Aug 15
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 95% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (95% accrual ratio). Market cap is less than US$10m (CA$12.7m market cap, or US$9.23m). New Risk • Jun 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.0m (US$9.47m) 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 Interest payments are not well covered by earnings (1.4x net interest cover). Market cap is less than US$10m (CA$13.0m market cap, or US$9.47m). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (3.7% increase in shares outstanding). New Risk • May 17
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (CA$16.5m market cap, or US$12.1m). Reported Earnings • Apr 02
Full year 2023 earnings released: EPS: CA$0 (vs CA$0.92 loss in FY 2022) Full year 2023 results: EPS: CA$0 (improved from CA$0.92 loss in FY 2022). Revenue: CA$18.8m (down 79% from FY 2022). Net loss: CA$381 (loss narrowed 100% from FY 2022). Profit margin: 0% (up from net loss in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 31 percentage points per year, which is a significant difference in performance. Board Change • Feb 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. Independent Director Joseph Ragusa was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 04
An unknown buyer completed the acquisition of ORTECH Consulting Inc. An unknown buyer entered into a letter of intent acquire ORTECH Consulting Inc. for approximately CAD 6.6 million on November 14, 2023. The transaction is subject to the asset purchase agreement to acquire. The transaction expected to close prior to December 31, 2023.An unknown buyer completed the acquisition of ORTECH Consulting Inc. on January 3, 2024. Reported Earnings • Nov 17
Third quarter 2023 earnings released: EPS: CA$0.012 (vs CA$0.11 loss in 3Q 2022) Third quarter 2023 results: EPS: CA$0.012 (up from CA$0.11 loss in 3Q 2022). Revenue: CA$4.54m (down 77% from 3Q 2022). Net income: CA$665.6k (up CA$5.83m from 3Q 2022). Profit margin: 15% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Announcement • Nov 16
An unknown buyer entered into a letter of intent acquire ORTECH Consulting Inc. for approximately CAD 6.6 million. An unknown buyer entered into a letter of intent acquire ORTECH Consulting Inc. for approximately CAD 6.6 million on November 14, 2023. The transaction is subject to the asset purchase agreement to acquire. The transaction expected to close prior to December 31, 2023. Announcement • Nov 07
Kontrol Technologies Corp. to Report Q3, 2023 Results on Nov 14, 2023 Kontrol Technologies Corp. announced that they will report Q3, 2023 results on Nov 14, 2023 Reported Earnings • Aug 15
Second quarter 2023 earnings released: EPS: CA$0.002 (vs CA$0.023 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.002 (down from CA$0.023 in 2Q 2022). Revenue: CA$4.68m (down 84% from 2Q 2022). Net income: CA$98.4k (down 91% from 2Q 2022). Profit margin: 2.1% (down from 3.7% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • Aug 11
Kontrol Technologies Corp. to Report Q2, 2023 Results on Aug 14, 2023 Kontrol Technologies Corp. announced that they will report Q2, 2023 results on Aug 14, 2023 New Risk • Jun 22
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$11.8m (US$8.94m) 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 Less than 1 year of cash runway based on free cash flow trend (-CA$9.3m free cash flow). Earnings have declined by 64% per year over the past 5 years. Market cap is less than US$10m (CA$11.8m market cap, or US$8.94m). Minor Risk Shareholders have been diluted in the past year (14% increase in shares outstanding). Reported Earnings • May 17
First quarter 2023 earnings released: CA$0.009 loss per share (vs CA$0.034 profit in 1Q 2022) First quarter 2023 results: CA$0.009 loss per share (down from CA$0.034 profit in 1Q 2022). Revenue: CA$4.46m (down 83% from 1Q 2022). Net loss: CA$469.5k (down 129% from profit in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Announcement • May 09
Kontrol Technologies Corp. to Report Q1, 2023 Results on May 15, 2023 Kontrol Technologies Corp. announced that they will report Q1, 2023 results at 4:30 PM, US Eastern Standard Time on May 15, 2023 Announcement • Feb 17
Kontrol Technologies Corp. announced that it expects to receive CAD 4.999987 million in funding Kontrol Technologies Corp. announced a private placement of up to 7,695,840 units at an issue price of CAD 0.64970 per unit for gross proceeds of CAD 5,000,000 on February 16, 2023. Each unit will consist of one common share and one common share purchase warrant for a purchase price of CAD 0.65. Each Warrant will be exercisable immediately and will entitle the holder thereof to purchase one common share at an exercise price of CAD 0.81 for a period of five years from the date of issuance. The common share equivalents to be issued will be pre-funded with CAD 0.649 per common share equivalents, requiring an additional CAD 0.001 per common share equivalents to have it converted into a common share. The common share equivalents will expire upon the exercise of all outstanding common share equivalents. It is anticipated that the transaction will be comprised of underlying securities that consist of, in the aggregate, 5,400,000 common shares, 2,295,840 common share equivalents and 7,695,840 warrants. The common share equivalents will prevent any exercise if such exercise would result in the holder acquiring more than 9.99% of the company’s current issued and outstanding common shares. The warrants will prevent any exercise if such exercise would result in the holder acquiring more than 4.99% of the company’s current issued and outstanding common shares. Closing of the transaction is subject to all necessary regulatory and stock exchange approvals, including the approval of the NEO Exchange. Announcement • Feb 10
Kontrol Technologies Corp. Successfully Completes its Phase 1 Testing of the Kontrol Biowater Technology Kontrol Technologies Corp. has successfully completed its Phase 1 testing of the Kontrol BioWater technology (or “BioWater”) with a positive detection of the Sars-Cov-2 virus in wastewater. The Kontrol BioWater wastewater viral detection Phase 1 testing was completed with support from the National Research Council of Canada. The BioWater utilizes the core scientific technique of a Modified Western Blot to identify viruses. Kontrol was provided with wastewater samples from various facilities in Ontario. Those samples were independently tested by government contracted labs utilizing the reference method of qPCR analysis to validate positive detection and quantification of the SARs-CoV-2 virus. The Kontrol BioWater technology is designed with the goal of being the first real-time, in the cloud, detection technology for virus in wastewater. The current process for the collection of wastewater sampling involves on-site technicians, transporting samples to a laboratory and then undertaking a separate analysis of the wastewater. This process is time consuming and can take several days to complete. The intention of the Kontrol BioWater is to advance sampling automation for faster, on-site detection which can potentially accelerate a response plan. The Company has launched the development of the Kontrol BioWater, including advancing a prototype design, and to date has received $300,000 in research and development funding for the initial Phase 1 testing. The Company has demonstrated a successful track record in accessing Federal and Provincial funding for its Kontrol BioCloud technology. However, there is no assurance that the Company will receive any further government funding. According to the CDC wastewater data can help scientists detect SARS-CoV-2, the virus that causes COVID-19, in a community even before data from doctor’s offices or hospitals get reported to public health officials. Wastewater data can be an important early warning signal and should be used alongside other data. Early warning systems, such as wastewater surveillance, can detect small changes as a signal for early action. Kontrol BioWater is a technology extension of the Kontrol BioCloud and will be developed to operate as a branded solution for wastewater monitoring applications. Price Target Changed • Dec 21
Price target increased to CA$5.00 Up from CA$4.05, the current price target is provided by 1 analyst. New target price is 1,120% above last closing price of CA$0.41. Stock is down 81% over the past year. The company posted earnings per share of CA$0.023 last year. Reported Earnings • Nov 16
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: CA$0.11 loss per share (down from CA$0.043 profit in 3Q 2021). Revenue: CA$19.9m (down 7.5% from 3Q 2021). Net loss: CA$5.17m (down 351% from profit in 3Q 2021). Revenue missed analyst estimates by 36%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Renewable Energy industry in Canada. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Nov 15
Kontrol Technologies Corp. Revises Earnings Guidance for the Year of 2022 Kontrol Technologies Corp. revised earnings guidance for the year of 2022. For the year, the company expected that fiscal year 2022 targets will not be met. Announcement • Nov 12
Kontrol Technologies Corp. to Report Q3, 2022 Results on Nov 14, 2022 Kontrol Technologies Corp. announced that they will report Q3, 2022 results on Nov 14, 2022 Reported Earnings • Aug 16
Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2022 results: EPS: CA$0.023 (up from CA$0.004 in 2Q 2021). Revenue: CA$29.1m (up CA$25.0m from 2Q 2021). Net income: CA$1.09m (up CA$912.0k from 2Q 2021). Profit margin: 3.7% (down from 4.3% in 2Q 2021). Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 19%, compared to a 6.9% growth forecast for the Renewable Energy industry in Canada. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Announcement • Jul 29
Kontrol Technologies Corp., Annual General Meeting, Sep 30, 2022 Kontrol Technologies Corp., Annual General Meeting, Sep 30, 2022. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improved over the past week After last week's 18% share price gain to CA$1.65, the stock trades at a trailing P/E ratio of 20.9x. Average forward P/E is 25x in the Renewable Energy industry in Canada. Total returns to shareholders of 126% over the past three years. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improved over the past week After last week's 27% share price gain to CA$1.52, the stock trades at a trailing P/E ratio of 16.5x. Average forward P/E is 25x in the Renewable Energy industry in Canada. Total returns to shareholders of 92% over the past three years. Reported Earnings • May 16
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: CA$0.034 (up from CA$0.02 loss in 1Q 2021). Revenue: CA$26.6m (up CA$23.3m from 1Q 2021). Net income: CA$1.64m (up CA$2.47m from 1Q 2021). Profit margin: 6.2% (up from net loss in 1Q 2021). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 25%. Over the next year, revenue is forecast to grow 41%, compared to a 11% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 10
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CA$1.11, the stock trades at a trailing P/E ratio of 58.2x. Average forward P/E is 27x in the Renewable Energy industry in Canada. Total returns to shareholders of 52% over the past three years. Announcement • May 07
Kontrol Technologies Corp. to Report Q1, 2022 Results on May 16, 2022 Kontrol Technologies Corp. announced that they will report Q1, 2022 results on May 16, 2022 Announcement • Apr 27
Kontrol Technologies Launches Development of Kontrol Biowater, an Extension of the Kontrol Biocloud™ Technology for Early Viral Detection in Water Systems Kontrol Technologies Corp. launching the development of Kontrol BioWater,an extension of the Company’s current Kontrol BioCloud technology, for early viral detection in water systems. As per the CDC, “The virus can then be detected in wastewater, enabling wastewater surveillance to capture presence of SARS-CoV-2 shed by people with and without symptoms. This allows wastewater surveillance to serve as an early warning that COVID-19 is spreading in a community. Once health departments are aware, communities can act quickly to prevent the spread of COVID-19. Data from wastewater testing support public health mitigation strategies by providing additional crucial information about the prevalence of COVID-19 in a community.” The Kontrol BioWater technology will be designed with the goal of being the first real-time, in the cloud, detection technology for virus in wastewater. The current process for the collection of wastewater sampling involves on-site technicians, transporting samples to a laboratory and then undertaking a separate analysis of the wastewater. This process is time consuming and can take a number of days to complete. The intention of the Kontrol BioWater is to advance sampling automation for faster, on-site detection which can potentially accelerate a response plan. The Company has launched the development of the Kontrol BioWater and has budgeted $300,000 in research and development for the initial phase of development which includes modifying the current Kontrol BioCloud technology. The Kontrol BioWater viral detection system will utilize the core scientific technique of the BioCloud technology and will include a new proprietary sample extraction process for wastewater. Similar to the approach taken with the Kontrol BioCloud, the Company will seek government funding to support its research and development. The Company has demonstrated a successful track record in accessing Federal and Provincial funding for its Kontrol BioCloud technology. However, there is no assurance that the Company will receive any further government funding. The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the COVID-19 (or SARS-2 Coronavirus). Reported Earnings • Apr 01
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CA$0.023 (up from CA$0.06 loss in FY 2020). Revenue: CA$57.7m (up 367% from FY 2020). Net income: CA$1.03m (up CA$2.93m from FY 2020). Profit margin: 1.8% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 28%. Earnings per share (EPS) missed analyst estimates by 60%. Over the next year, revenue is forecast to grow 44%, compared to a 9.8% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Announcement • Mar 10
Kontrol Technologies Corp. Completes Initial Testing of the BioCloud Technology in Japan Kontrol Technologies Corp. has completed initial testing of the BioCloud technology in Japan and has delivered a positive detection of the influenza virus. The initial testing indicates the application of the BioCloud technology for influenza virus. Initial Testing: Further to the (Kontrol Technologies expands BioCloud Technology into Japan) and working with its local partner, testing was provided through a laboratory in Japan and the initial testing was focused on the ability of Kontrol BioCloud to capture aerosolized influenza virus in its proprietary collection chamber. Based on initial testing the BioCloud technology was able to successfully capture the virus. The testing summary of initial testing findings are provided on pages 15 to 17 of the BioCloud Testing Document. The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the COVID-19 (or SARS-2 Coronavirus). Announcement • Dec 08
Kontrol Technologies Corp. to Deliver BioCloud Software Update and Advances Replacement Cartridge Longevity Kontrol Technologies Corp. provided an updated version of the BioCloud operating software and advances the BioCloud replacement cartridge longevity. BioCloud Software Update: The updated version of the BioCloud software includes important improvements to the overall operation of the technology including advanced optical response data and analytics in real-time. Additional smart algorithms have been developed to map sensitivity against established baselines with the ability to reset baseline sensitivity in real-time. The software update will be issued as an OTA (over-the-air) update on or around December 13, 2021. Prior to the most recent software updates the BioCloud replacement cartridges were able to operate continuously until a singular positive viral or pathogen detection event. With the new version of the software the replacement cartridges can now be deployed for up to 2 detection events in the majority of cases. Price Target Changed • Dec 02
Price target increased to CA$4.53 Up from CA$3.28, the current price target is an average from 2 analysts. New target price is 86% above last closing price of CA$2.43. Stock is down 17% over the past year. The company posted a net loss per share of CA$0.06 last year. Reported Earnings • Nov 18
Third quarter 2021 earnings released: EPS CA$0.043 (vs CA$0.006 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CA$21.5m (up CA$18.5m from 3Q 2020). Net income: CA$2.06m (up CA$2.25m from 3Q 2020). Profit margin: 9.6% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 01
Kontrol Technologies Launches Carbon Credit Monetization Program Kontrol Technologies Corp. launched its innovative carbon credit monetization program designed to accelerate the transition to net zero emissions and to meet corporate sustainability mandates through its technology platform.
Buildings currently account for approximately 36% of global energy use and 39% of energy-related carbon dioxide emissions annually, according to the United Nations Environment Program. Solving energy waste through technology can deliver significant greenhouse gas emission reduction. The Kontrol energy management and emissions reduction platform provides for one click access to an entire portfolio at the suite and building level. Kontrol continues to develop additions to its current technology platform including new sensors and capabilities in order to accelerate energy savings in real-time and corresponding reductions in greenhouse gas emissions. Carbon offsets allow organizations to make up for their unavoidable emissions by purchasing carbon credits generated by projects targeted at reducing greenhouse gas emissions. Companies can participate in the carbon offset market either individually or as part of an industry-wide aggregation. Through its proprietary energy management technology, Kontrol will initiate energy efficiency projects that deliver verifiable and measurable energy savings over a ten-year period which will produce a corresponding greenhouse gas emission reduction. For each ton of avoided greenhouse gas emission, Kontrol will seek to establish one equivalent carbon credit which will then be monetized in the voluntary carbon offset markets. Price Target Changed • Aug 28
Price target decreased to CA$3.28 Down from CA$4.36, the current price target is an average from 2 analysts. New target price is 77% above last closing price of CA$1.85. Stock is up 25% over the past year. Announcement • May 28
Kontrol Technologies Corp. announced that it expects to receive CAD 8.499498 million in funding Kontrol Technologies Corp. (OTCPK:KNRL.F) announced that it has entered into securities purchase agreements for the private placement of 5,666,332 shares and warrants to purchase up to 2,833,166 shares at a purchase price of CAD 1.50 per share for the gross proceeds of CAD 8,499,498 on May 27, 2021. The transaction will include participation from institutional investors. Each warrant will entitle the holder thereof to purchase one common share at an exercise price of CAD 1.75 per share at any time prior to the three-year anniversary of the closing date of the transaction. The company expects to close the transaction on or about June 1, 2021. Announcement • May 27
Kontrol BioCloud Delivers Successful Real-Time COVID-19 Detection Kontrol Technologies Corp. announced that the Kontrol BioCloud (or ‘BioCloud’) technology has delivered a real-time detection of COVID-19 virus from its completed pilot in the Middle East. The successful testing was completed as part of Kontrol'sMiddle East pilot with a laboratory and health care testing partner (‘Testing Partner’). The Testing Partner is a recognized leader in operating COVID-19 testing facilities and other health care centers. The Testing Partner was able to operate the BioCloud technology in one of their COVID-19 testing facilities. BioCloud was installed in a COVID-19 testing facility where individuals were placed in a separate room to receive a traditional PCR swab test. On May 18th, 2021 the BioCloud technology triggered a real-time detection notification and alert to on-site staff. PCR test results of the individual present in the room, at the time of the detection event, validated BioCloud's alert when the individual ultimately tested positive for the SARS-COV-2 virus. The Testing Partner forwarded these results to Kontrol on May 24th, 2021, and the data logs generated by the BioCloud unit aligned with the results. BioCloud's proprietary and patented technology operates by continuously sampling the ambient air and seeking to identify for the SARS-CoV-2 virus through an antibody solution. Using advanced optical laser spectrometry to identify spike proteins BioCloud generates an optical reading that, if above an established baseline, will create a silent notification and alert. The optical image below is the BioCloud internal data log of the positive virus detection reading represented by the increase from zero (baseline) to 30 (virus detection) on the scale. The movement represents a positive detection. Next Steps with the Testing Partner: Kontrol and the Testing Partner have entered into confidential negotiations for regional distribution exclusivity subject to various conditions. The Testing Partner's customer base includes both industry and government. The Testing Partner will not be named at this time due to industry competitive purposes. Announcement • Apr 08
Kontrol Technologies Corp. Provides Earnings Guidance for the Year 2021 Kontrol Technologies Corp. provided earnings guidance for the year 2021. The company anticipates fiscal year 2021 revenue of approximately $33 million to $35 million (compared to unaudited revenue of approximately $13 million for the fiscal year 2020). Announcement • Feb 24
Kontrol to Provide Biocloud Field Demonstration and Customer Application Access Kontrol Technologies Corp. announced that it plans to provide real-time demonstration of BioCloud units in operation in various customer and/or pilot customer
("customer") applications. On a case-by-case basis and subject to the required customer approval the Company will provide video access and any relevant operating data. The Company will work with its customers to share photos and videos of the BioCloud units in operation and share that content. In certain cases, a customer pilot may be restricted from being shared based on the customer's requirements for non-disclosure. Over the coming weeks the Company anticipates sharing multiple demonstrations of BioCloud in operation. Is New 90 Day High Low • Feb 06
New 90-day high: CA$5.00 The company is up 12% from its price of CA$4.46 on 06 November 2020. The Canadian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 18% over the same period. Announcement • Jan 22
Kontrol Advances Biocloud Technology for European Sales and Provides Update Kontrol Energy Corp. announced that it continues to advance the deployment of its BioCloud technology. BioCloud has entered into a Non-Disclosure Agreement, with a leading medical sports authority, to share the full scope of BioCloud’s patents and research. The purpose of the NDA is to advance various potential sport applications. Such applications include, but are not limited to, dressing rooms and training facilities. Announcement • Jan 08
Kontrol Energy Corp. Announces Board Changes Kontrol Energy Corp. announced that Mr. Philip (Zhengquan) Chen has been appointed to its Board of Directors. Mr. Chen is an experienced finance professional and has participated in numerous capital markets transactions in both Canada and the USA. He is also the Managing Partner of Dynaco Capital Inc. Mr. Kristian Lavereau resigns from the Kontrol Board of Directors and continues in his role as COO of Kontrol. Announcement • Dec 05
Kontrol Energy Corp. Receives Federal Funding and Announces Production for Its BioCloud Technology Kontrol Energy Corp. announced that the Company is in receipt of advisory services and up to $500,000 in research and development funding from National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to complete final commercialization and mass production requirements for its Covid-19 technology, the Kontrol BioCloudTM analyzer. The Company has commenced initial production of BioCloud units for delivery in approximately 5 to 6 weeks. Initial deliveries include the sale of units to distributors and Kontrol customers. Further, the Company will deliver demonstration units to pilot customers in the Middle East. The Company will announce those sales which are material and other sales will be reported in the applicable quarterly financial statements as ordinary course. Announcement • Dec 04
Kontrol Energy Corp. announced that it expects to receive CAD 0.5 million in funding from National Research Council of Canada's Industrial Research Assistance Program Kontrol Energy Corp. (CNSX:KNR) announced a private placement for gross proceeds of up to CAD 500,000 on December 3, 2020. The transaction involved participation from National Research Council of Canada's Industrial Research Assistance Program. Announcement • Dec 03
Kontrol Enters into Exclusive Distribution Agreement with United Safety and Survivability Corporation for BioCloud Technology Distribution in North America, Australia and New Zealand Kontrol Energy Corp. announced that it has entered into an exclusive Distribution Agreement with United Safety and Survivability Corporation. Under the terms of the agreement, the exclusivity applies to the industries defined as buses, rail and locomotive, subways, ambulances, fire trucks, first responder and military vehicles, with applicable associated facilities in the geography of North America, Australia, and New Zealand. The exclusivity period is 12 months with a six month mutual renewal option and is based on 5,000 units of BioCloud per annum, on a best efforts basis, to retain exclusivity. Pricing will not be disclosed for industry competitive purposes. Reported Earnings • Dec 02
Third quarter 2020 earnings released: CA$0.006 loss per share The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: CA$3.01m (down 7.8% from 3Q 2019). Net loss: CA$193.5k (loss narrowed 72% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 74% per year, which means it is well ahead of earnings. Announcement • Nov 27
Kontrol Energy Corp. to Report Q3, 2020 Results on Nov 30, 2020 Kontrol Energy Corp. announced that they will report Q3, 2020 results at 1:06 PM, GMT Standard Time on Nov 30, 2020 Announcement • Nov 19
Kontrol Energy Corp. Enters into Distribution Agreements Kontrol Energy Corp. intends to sell BioCloud directly to various potential customers. At the same time the Company is pursuing both exclusive and non-exclusive distribution channels for BioCloud sales. Kontrol announced it has entered into two non-exclusive BioCloud distribution agreements. The distribution agreements cover Ontario and Saskatchewan. The Company has also entered into discussions with various parties for potential industry exclusive distribution agreements which would require minimum unit quantity orders. Announcement • Nov 07
Kontrol Energy Corp. Announces to Receives CSA Standards Approval for its Biocloud Technology Kontrol Energy Corp. announce that it has received CSA standards approval for its BioCloud technology. CSA regulations require manufacturers of products sold in Canada to receive CSA Standards approval for electrical safety. The field evaluation process follows the CSA's SPE-1000 standard, which has three mandatory and non-destructive tests. Upon successful inspection, ESAFE validates the equipment meets CSA's SPE-1000 standards and labels it approved. ESAFE's labels are recognized across Canada under the Standards Council of Canada accreditation program. Is New 90 Day High Low • Oct 02
New 90-day high: CA$5.05 The company is up 952% from its price of CA$0.48 on 03 July 2020. The Canadian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 21% over the same period. Announcement • Aug 29
Kontrol Energy Corp. to Report Q2, 2020 Results on Aug 31, 2020 Kontrol Energy Corp. announced that they will report Q2, 2020 results at 1:06 PM, GMT Standard Time on Aug 31, 2020