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Bullboard - Stock Discussion Forum Kontrol Technologies Corp N.KNR

Alternate Symbol(s):  KNRLF

Kontrol Technologies Corp. is a Canadian company, which is engaged in smart buildings and cities through Internet of things (IoT), cloud and software as a service (SaaS) technology. The Company provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings. It aggregates data generated by IoT devices... see more

NEO:KNR - Post Discussion

Kontrol Technologies Corp > ARE THESE REAL????
View:
Post by LivingTheDream1 on Aug 14, 2023 4:34pm

ARE THESE REAL????

Quarterly financials
(CAD) Mar 2023 Y/Y
Revenue 4.46M
Net income 21.32M
Diluted EPS 0.35
Net profit margin 477.82% 855.26
Comment by Mostlyserious on Aug 14, 2023 4:36pm
They could be for Q1.  We are waiting for Q2 which have not been published yet. But no worries, some metrics are "Positive".
Comment by Rogg47 on Aug 14, 2023 4:55pm
Serious, I don't know where you've find this but theses numbers are 100% garbage!!.............. How could they do $21.32M of net income on $4.46M revenues?!? Lolll Unless they've sold a ton of assets way over their accounting values but we don't own a ton of assets...... Financials are now on Sedar, Sales of $4.678M for Q2 and a YTD of $9.139M Net income of 98 405$ for Q2 and a ...more  
Comment by Mostlyserious on Aug 14, 2023 5:53pm
These are Q1 numbers.  The big bottom line number is an accounting offset to discountinued Global operations and almost some $30 million in losses recognized at the end of Q4. Funky accounting stuff.  But, in practical terms,  the one thing I am curious about the whole thing is how $28 million in accounts receivables were pretty well written off entirely.  Look up the ...more  
Comment by okgonow on Aug 15, 2023 8:58am
one word GHEZZZHOLE!!!!!!!
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