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16.05.25 - 00:06
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Kontrol Technologies Announces First Quarter 2025 Financial Results (Business Wire)
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TORONTO--(BUSINESS WIRE)--$KNR #esg--Kontrol Technologies Corp. (CBOE.CA:KNR) (OTCQB:KNRLF) (FSE:1K8) ("Kontrol Technologies" or "Kontrol" or "Company") announces its results for the three months ended March 31, 2025. A complete set of the Financial Statements and Management's Discussion & Analysis have been filed on SEDAR (www.sedarplus.ca).
“As of Q1 2025 we have streamlined the Company and reduced operating expenses to align with the sale of our emission assets and a focus on our core operating business,” says Paul Ghezzi, CEO Kontrol. “Our 2025 strategic plan includes adding new customers to our existing platform of approximately 400 buildings both through organic growth and by acquisition. In Q1 2025 we experienced delays in certain project revenues due to the uncertainties in the market created by tariff policy which has impacted large equipment manufacturers. Customers have been hesitant to engage in new upgrade projects without tariff certainty. We anticipate o...
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09.05.25 - 00:09
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Kontrol Technologies Launches BuildX AI Platform and Announces Loan Agreement (Business Wire)
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TORONTO--(BUSINESS WIRE)--$KNR #esg--Kontrol Technologies Corp. (CBOE.CA:KNR) (OTCQB:KNRLF) (FSE:1K8) ("Kontrol Technologies" or "Kontrol" or "Company") provides corporate update and announces new BuildX AI platform for commercial and industrial buildings.
The Company serves over 400 commercial and industrial buildings with HVAC solutions and services. It has launched BuildX AI, a new platform designed to improve how building owners and operators interact with their buildings and HVAC systems. Traditionally, the industry focuses on equipment replacement and maintenance cycles, but this approach often lacks efficient data integration and analytics to improve how buildings and HVAC assets are managed. BuildX AI addresses this by connecting with existing equipment and incorporating advanced drone technology and sensors throughout buildings. Asset managers and owners will gain much needed insights and actionable data to improve operations and capital budgeting.
"AI enables u...
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10.04.25 - 13:03
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Kontrol Technologies Announces New Intended Normal Course Issuer Bid Through Cboe Canada (Business Wire)
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TORONTO--(BUSINESS WIRE)--$KNR #esg--Kontrol Technologies Corp. (Cboe CA:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”) announces that it intends to implement a new Normal Course Issuer Bid (the "NCIB") program to buy back common shares of Kontrol through the facilities of Cboe Canada Inc. (“Cboe Canada”) and/or alternative Canadian trading systems.
The NCIB has been approved by Kontrol's board of directors and accepted by Cboe Canada and will be executed in accordance with the applicable rules and policies of Cboe Canada and any applicable Canadian securities laws. Pursuant to the NCIB, Kontrol may purchase, from time to time, over a period of 12 months starting April 14th, 2025, and ending April 14th, 2026, up to 2,757,858 common shares (representing 5 percent of the Company's issued and outstanding common shares).
On any given day, during the NCIB, Kontrol may only purchase up to 29,688 common shares, which is equivalent to 25% of the average daily trading volume of 1...
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03.04.25 - 23:33
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Kontrol Technologies Announces Completion of Normal Course Issuer Bid Through Cboe Canada (Business Wire)
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TORONTO--(BUSINESS WIRE)--$KNR #esg--Kontrol Technologies Corp. (Cboe CA:KNR) (OTCQB:KNRLF) (FSE:1K8) ( “Kontrol” or the “Company”) announces the that it has completed its previously filed Normal Course Issuer Bid (the "NCIB") program to buy back common shares of Kontrol through the facilities of Cboe Canada (“Cboe Canada”) and/or alternative trading systems.
Under the NCIB, which commenced on April 5th, 2024, and ends April 4th, 2025, Kontrol purchased 2,580,500 common shares at an average price of $0.21 per share for a total value of $564,410.00 The Company currently has 55,157,169 common shares outstanding.
Kontrol Technologies Corp.
Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.
Additional information about Kontrol Technologie...
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01.04.25 - 00:42
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Kontrol Technologies Announces Fourth Quarter and Fiscal Year 2024 Financial Results (Business Wire)
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TORONTO--(BUSINESS WIRE)--$KNR #innovation--Kontrol Technologies Corp. (CBOE.CA:KNR) (OTCQB:KNRLF) (FSE:1K8) ("Kontrol Technologies" or "Kontrol" or "Company") announces its results for the three months and fiscal year ended December 31, 2024. A complete set of the Financial Statements and Management's Discussion & Analysis have been filed on SEDAR (www.sedarplus.ca).
Fourth Quarter and Fiscal Year 2024 Highlights
As at December 31, 2024 the Company's aggregate cash and marketable securities balance was $12.6 million.
A gain on sale of $13.3 million was recognized during the first half of 2024 in connection with the sale of air monitoring and compliance related assets.
In the first half of 2024, the Company paid off all interest-bearing bank debt and completed the sale of air testing, air monitoring and compliance related assets which raised significant internal cash.
Revenues for the three months ended December 31, 2024 were $1.7 million, compared to $5.1 million for the s...
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15.01.25 - 22:57
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Kontrol Technologies Announces Voting Results from its Annual General Meeting of Shareholders (Business Wire)
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TORONTO--(BUSINESS WIRE)--Kontrol Technologies Corp. (Cboe CA:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”) announced the results of voting at its annual general meeting of shareholders held on January 10, 2025.
Full details of the matters are set out in the Company's management information circular dated November 26, 2024, which is available under the Company's profile on SEDAR+ at www.sedarplus.ca.
1. ELECTION OF DIRECTORS
Each of the individuals noted in the table below were elected as directors of the Company. Each director elected will hold office until the next annual meeting of Shareholders or until such person's successor is elected or appointed, unless such person's office is earlier vacated. The voting results are noted in the table below.
2. APPOINTMENT OF AUDITOR
MNP LLP was appointed as the auditor of the Company until the next annual meeting of the shareholders of the Company or until its successor is duly appointed and the directors of the Company were authorized to ...
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