Mr. Paul Ghezzi reports
KONTROL TECHNOLOGIES ANNOUNCES SECOND QUARTER 2026 FINANCIAL RESULTS
Kontrol Technologies Corp. has released its results for the three months ended and year to date ended June 30, 2026. A complete set of the financial statements and management discussion and analysis has been filed on SEDAR.
Q2 2026 and year-to-date highlights:
-
Revenues for the three months ended June 30, 2026, were $1.8-million, compared with $1.3-million for the same quarter in the prior year. Revenues for the six months ended June 30, 2026, were $3.1-million, compared with $2.8-million for the same period in the prior year.
-
Gross margin for the six months ended June 30, 2026, was 50 per cent, compared with 56 per cent for the same period in the prior year.
-
Net income for the three months ended June 30, 2026, was $125,348, compared with $230,592 for the same quarter in the prior year. Net loss for the six months ended June 30, 2026, was $307,270, compared with $915,240 for the same period in the prior year. These figures include unrealized income on revaluation of marketable securities.
-
Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) for the six months ended June 30, 2026, was negative $291,244, compared with negative $597,553 for the same period in the prior year.
-
As at June 30, 2026, the company's aggregate cash and marketable securities balance was $7.3-million.
-
As at June 30, 2026, the company had no outstanding interest-bearing bank debt.
"As we onboard new customers and expand our service offerings, multiyear agreements are adding to repeat and recurring revenue," said Paul Ghezzi, chief executive officer of Kontrol. "Our internal AI [artificial intelligence] platform continues to strengthen RFP [request for proposal] participation and operational efficiency, including larger tender submissions than in prior periods."
About Kontrol Technologies Corp.
Kontrol Technologies is a leader in smart buildings and energy-efficiency solutions. Through a combination of technology-driven services and strategic acquisitions, Kontrol delivers integrated solutions that reduce energy consumption, lower carbon emissions and enhance building performance for commercial and residential properties across Canada.
We seek Safe Harbor.
© 2026 Canjex Publishing Ltd. All rights reserved.