Kontrol Technologies Announces Third Quarter 2025 Financial Results

Executive Summary

• Kontrol Technologies reported Q3 2025 revenue of $1.34 M, down 23% YoY, but posted a net profit of $706,378 versus a loss of $(931,032) in the same quarter last year.
• For the nine months ended September 30 2025, revenue fell to $4.09 M (55% YoY decline) and the company recorded a net loss of $(208,862), compared with a profit of $11.92 M in the prior period.
• The firm repurchased 1,930,500 shares for $320,530 under its Normal Course Issuer Bid and held $12.4 M in cash and marketable securities at quarter‑end, with no interest‑bearing debt.

Key Details

• Revenue: Q3 2025 – $1,339,508; nine months YTD – $4,090,315 (down from $1,737,947 Q3 2024 and $9,179,006 YTD).
• Gross Profit / Margin: Q3 2025 gross profit $774,627; nine‑month gross margin 57%, unchanged YoY.
• Net Income (Loss): Q3 2025 net income $706,378 (vs. $(931,032) Q3 2024); nine‑month loss $(208,862) (vs. $11.92 M profit YTD 2024).
• Adjusted EBITDA: Nine‑month adjusted EBITDA negative $(666,334) versus negative $(235,315) in the prior year.
• Earnings per Share: Basic & diluted EPS Q3 2025 = $0.01 (vs. $(0.01) Q3 2024); nine‑month EPS = $0.00 (vs. $0.21).
• Share Repurchase: 1,930,500 common shares repurchased for $320,530 under NCIB; authorized to purchase up to 2,757,858 shares between April 14 2025 and April 13 2026. Outstanding shares as of Sept 30 2025: 53,960,669.
• Liquidity: Cash & marketable securities balance $12.4 M at September 30 2025; no interest‑bearing bank debt.
• Other Income/Expenses:
• Amortization & depreciation – $156,690 (Q3) / $469,523 (nine months).
• Net finance expense (income) – $(44,466) (Q3) / $(106,829) (nine months).
• Revaluation of marketable securities – $(935,856) (Q3) / $(965,585) (nine months).
• Share‑based compensation – $48,473 (Q3) / $145,419 (nine months).

Notable Quotes

No executive quotes were included in the release.