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Kontrol Technologies Corp N.KNR

Alternate Symbol(s):  KNRLF

Kontrol Technologies Corp. is a provider of energy management, continuous air quality and emission solutions to commercial and industrial consumers. It delivers building intelligence through the Internet of things (IoT), software and cloud technology as well as project integration. Its smart technology is deployed to customers through a cloud-based interface accessible on desktops and mobile devices. It collects real-time and historical data using IoT sensors and direct connection to industrial control systems, bringing various sources of asset performance data into the cloud where smart-learning software is applied to optimize performance. The Company, through CEM Specialties Inc., offers turn-key emission monitoring equipment, integration design, manufacturing, service, repairs, and on-site performance certification testing. It offers building heating, ventilation, and air conditioning integration, automation and retrofits to enhance the energy efficiency of buildings and facilities.


NEO:KNR - Post by User

Comment by canyousayiiion Jun 01, 2021 9:05am
52 Views
Post# 33302001

RE:RE:Kontrol Q1 Results

RE:RE:Kontrol Q1 ResultsThe Q1 presser also said they "manufactured hundreds" of BioCloud units. What does that mean, at least 201? And nor reading more than it says, it sounds like these hundreds of units are sitting in their or their partners' warehouse facility and not sold because they did not reflect in revenues. If so much blame is being put on the supply chain, and these are finished units, should they not now be in customer hands so Q2 should at least have $2.4M-ish in BC revenues? The finished inventory showing on the statement is about $535K. Wouldn't that mean that the cost of a unit is maximum $2,700. I don't see in the financials where the receipt of Ontario $1.2M is. I would have expected it in the cashflow statement.
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