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Kontrol Technologies Announces Fourth Quarter and Fiscal Year 2025 Financial Results
Kontrol Technologies Corp. (CBOE.CA:KNR) ( OTCQB:KNRLF ) ( FSE:1K8 ) (" Kontrol...
About this update from Kontrol Technologies Corp.
[{"type":"text","content":"Kontrol Technologies Announces Fourth Quarter and Fiscal Year 2025 Financial Results\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistcircle { list-style-type: circle }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignb { vertical-align: bottom }\n.bwwidth100 { width: 100% }\n.bwwidth12 { width: 12% }\n.bwwidth2 { width: 2% }\n.bwwidth50 { width: 50% }\n \n\n\n\n\n Kontrol Technologies Corp. (CBOE.CA:KNR) (\n \n\n OTCQB:KNRLF\n \n\n ) (\n \n\n FSE:1K8\n \n\n ) (\"\n \n Kontrol Technologies\" or \"Kontrol\" or \"Company\") announces its results for the three months and fiscal year ended December 31, 2025. A complete set of the Financial Statements and Management's Discussion & Analysis have been filed on SEDAR (\n \n www.sedarplus.ca\n \n ).\n \n\n\n Fourth Quarter and Fiscal Year 2025 Highlights\n \n\n\n In the second quarter of 2024, the Company completed the sale of the operational net assets of CEM Specialties Inc. and as such fiscal year ended 2025 revenue and overall operational activity was lower compared to the prior year.\n \n\n\n Revenues for the three months ended December 31, 2025 were $1.6 million, compared to $1.7 million for the same quarter in the prior year; Revenues for the year ended December 31, 2025 were $5.7 million, compared to $10.9 million in the prior year.\n \n\n Gross margin for the year ended December 31, 2025 was 54%, compared to 56% in the prior year.\n \n\n Adjusted EBITDA for the three months ended December 31, 2025 was negative $(105,270) compared to $(290,144) for the same quarter in the prior year; Adjusted EBITDA for the year ended December 31, 2025 was negative $(771,604) compared to $(525,458) in the prior year.\n \n\n Net loss for the year ended December 31, 2025 was $6.3 million compared to net income of $12.2 million in the prior year.\n \n\n Net loss in 2025 includes unrealized loss on revaluation of the marketable securities of $3.1 million.\n \n\n Net loss in 2025 includes goodwill impairment...