Financial Snapshot

Revenue
$11.75M
TTM
Gross Margin
43.96%
TTM
Net Earnings
-$1.509M
TTM
Current Assets
$5.766M
Q2 2024
Current Liabilities
$2.619M
Q2 2024
Current Ratio
220.1%
Q2 2024
Total Assets
$10.35M
Q2 2024
Total Liabilities
$2.872M
Q2 2024
Book Value
$7.477M
Q2 2024
Cash
P/E
-9.019
Nov 29, 2024 EST
Free Cash Flow
-$1.133M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $10.82M $10.93M $7.426M $11.15M $20.55M $12.72M $6.060M $8.080M $18.91M $23.82M $13.13M $2.830M $1.330M $180.0K $240.0K $90.00K $110.0K $110.0K
YoY Change -1.02% 47.21% -33.4% -45.74% 61.56% 109.9% -25.0% -57.27% -20.61% 81.42% 363.96% 112.78% 638.89% -25.0% 166.67% -18.18% 0.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $10.82M $10.93M $7.426M $11.15M $20.55M $12.72M $6.060M $8.080M $18.91M $23.82M $13.13M $2.830M $1.330M $180.0K $240.0K $90.00K $110.0K $110.0K
Cost Of Revenue $6.237M $6.022M $4.229M $6.360M $10.97M $7.430M $5.040M $6.100M $13.81M $12.89M $7.830M $1.940M $1.010M $140.0K $170.0K $60.00K $80.00K $80.00K
Gross Profit $4.582M $4.909M $3.196M $4.790M $9.580M $5.290M $1.020M $1.980M $5.100M $10.92M $5.310M $890.0K $320.0K $40.00K $70.00K $30.00K $40.00K $40.00K
Gross Profit Margin 42.35% 44.91% 43.05% 42.96% 46.62% 41.59% 16.83% 24.5% 26.97% 45.84% 40.44% 31.45% 24.06% 22.22% 29.17% 33.33% 36.36% 36.36%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Selling, General & Admin $4.699M $4.603M $4.198M $4.250M $4.860M $3.550M $4.480M $4.880M $4.870M $4.260M $3.290M $840.0K $1.710M $710.0K $520.0K $760.0K $670.0K $670.0K
YoY Change 2.07% 9.66% -1.22% -12.55% 36.9% -20.76% -8.2% 0.21% 14.32% 29.48% 291.67% -50.88% 140.85% 36.54% -31.58% 13.43% 0.0%
% of Gross Profit 102.54% 93.77% 131.33% 88.73% 50.73% 67.11% 439.22% 246.46% 95.49% 39.01% 61.96% 94.38% 534.38% 1775.0% 742.86% 2533.33% 1675.0% 1675.0%
Research & Development $1.125M $1.069M $686.1K $770.0K $950.0K $1.290M $1.570M $700.0K $780.0K $440.0K $250.0K $40.00K $110.0K $60.00K $100.0K $110.0K $110.0K $110.0K
YoY Change 5.25% 55.78% -10.9% -18.95% -26.36% -17.83% 124.29% -10.26% 77.27% 76.0% 525.0% -63.64% 83.33% -40.0% -9.09% 0.0% 0.0%
% of Gross Profit 24.55% 21.77% 21.46% 16.08% 9.92% 24.39% 153.92% 35.35% 15.29% 4.03% 4.71% 4.49% 34.38% 150.0% 142.86% 366.67% 275.0% 275.0%
Depreciation & Amortization $785.5K $1.044M $1.573M $900.0K $380.0K $280.0K $200.0K $240.0K $240.0K $160.0K $70.00K $20.00K $20.00K $0.00 $0.00 $10.00K $10.00K $10.00K
YoY Change -24.78% -33.62% 74.79% 136.84% 35.71% 40.0% -16.67% 0.0% 50.0% 128.57% 250.0% 0.0% -100.0% 0.0% 0.0%
% of Gross Profit 17.14% 21.27% 49.21% 18.79% 3.97% 5.29% 19.61% 12.12% 4.71% 1.47% 1.32% 2.25% 6.25% 0.0% 0.0% 33.33% 25.0% 25.0%
Operating Expenses $1.125M $1.069M $6.333M $5.780M $6.060M $4.950M $6.080M $5.590M $5.660M $4.700M $3.540M $880.0K $1.850M $770.0K $630.0K $880.0K $790.0K $790.0K
YoY Change 5.25% -83.13% 9.57% -4.62% 22.42% -18.59% 8.77% -1.24% 20.43% 32.77% 302.27% -52.43% 140.26% 22.22% -28.41% 11.39% 0.0%
Operating Profit $3.458M $3.840M -$3.137M -$990.0K $3.520M $340.0K -$5.060M -$3.610M -$560.0K $6.220M $1.770M $10.00K -$1.530M -$730.0K -$560.0K -$850.0K -$750.0K -$750.0K
YoY Change -9.96% -222.42% 216.86% -128.12% 935.29% -106.72% 40.17% 544.64% -109.0% 251.41% 17600.0% -100.65% 109.59% 30.36% -34.12% 13.33% 0.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Interest Expense $36.33K $208.2K $737.1K $40.00K -$30.00K $0.00 $120.0K $160.0K -$550.0K -$350.0K -$80.00K $0.00 $40.00K $10.00K -$10.00K -$20.00K $0.00 $0.00
YoY Change -82.55% -71.75% 1742.65% -233.33% -100.0% -25.0% -129.09% 57.14% 337.5% -100.0% 300.0% -200.0% -50.0%
% of Operating Profit 1.05% 5.42% -0.85% 0.0% -5.63% -4.52% 0.0%
Other Income/Expense, Net $40.79K $45.81K -$77.05K
YoY Change -10.96% -159.45%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Pretax Income -$1.931M -$1.189M -$2.586M -$1.060M $3.430M -$60.00K -$5.170M -$3.450M -$1.410M $5.880M $1.620M $10.00K -$1.460M -$290.0K -$560.0K -$870.0K -$750.0K -$750.0K
YoY Change 62.39% -54.01% 143.96% -130.9% -5816.67% -98.84% 49.86% 144.68% -123.98% 262.96% 16100.0% -100.68% 403.45% -48.21% -35.63% 16.0% 0.0%
Income Tax $170.5K $166.0K $172.6K $250.0K $100.0K -$250.0K -$150.0K -$990.0K $1.100M $1.850M -$830.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 2.92% 31.46% -51.23% 0.0%
Net Earnings -$2.102M -$1.355M -$2.759M -$1.310M $3.330M $190.0K -$5.020M -$2.470M -$2.510M $4.030M $2.460M $10.00K -$1.460M -$290.0K -$560.0K -$870.0K -$750.0K -$750.0K
YoY Change 55.07% -50.87% 110.58% -139.34% 1652.63% -103.78% 103.24% -1.59% -162.28% 63.82% 24500.0% -100.68% 403.45% -48.21% -35.63% 16.0% 0.0%
Net Earnings / Revenue -19.43% -12.4% -37.15% -11.75% 16.2% 1.49% -82.84% -30.57% -13.27% 16.92% 18.74% 0.35% -109.77% -161.11% -233.33% -966.67% -681.82% -681.82%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.04 -$0.02 -$51.97K -$27.77K $69.10K $4.004K -$107.2K -$53.44K -$54.83K $87.88K $55.11K $259.30 -$52.01K -$21.25K -$56.11K -$14.11K -$13.97K -$13.97K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Cash & Short-Term Investments $1.434M $2.712M $3.377M $1.050M $4.420M $1.250M $410.0K $2.310M $3.180M $9.900M $4.460M $1.420M $1.460M $270.0K $0.00 $20.00K $0.00 $0.00
YoY Change -47.14% -19.69% 221.66% -76.24% 253.6% 204.88% -82.25% -27.36% -67.88% 121.97% 214.08% -2.74% 440.74% -100.0%
Cash & Equivalents $2.712M $3.377M $1.050M $4.420M $1.250M $410.0K $2.310M $3.180M $9.900M $4.460M $1.420M $0.00 $1.460M $270.0K $0.00 $20.00K $0.00
Short-Term Investments
Other Short-Term Assets $134.4K $92.77K $161.5K $160.0K $100.0K $110.0K $180.0K $710.0K $1.100M $60.00K $70.00K $90.00K $50.00K $20.00K $10.00K $0.00 $0.00 $0.00
YoY Change 44.82% -42.55% 0.93% 60.0% -9.09% -38.89% -74.65% -35.45% 1733.33% -14.29% -22.22% 80.0% 150.0% 100.0%
Inventory $3.376M $4.144M $5.535M $5.460M $3.390M $3.670M $3.980M $5.210M $5.980M $4.160M $2.140M $1.190M $250.0K $0.00 $0.00
Prepaid Expenses
Receivables $1.065M $1.382M $807.0K $540.0K $1.820M $1.220M $650.0K $640.0K $1.710M $2.850M $1.260M $1.020M $340.0K $130.0K $0.00 $0.00 $20.00K $20.00K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $750.0K $680.0K $0.00 $0.00 $40.00K $90.00K $30.00K $10.00K $10.00K $10.00K $10.00K
Total Short-Term Assets $6.010M $8.331M $9.881M $7.210M $9.730M $6.250M $5.230M $9.620M $12.65M $16.97M $7.930M $3.750M $2.180M $450.0K $10.00K $30.00K $30.00K $30.00K
YoY Change -27.87% -15.68% 37.04% -25.9% 55.68% 19.5% -45.63% -23.95% -25.46% 114.0% 111.47% 72.02% 384.44% 4400.0% -66.67% 0.0% 0.0%
Property, Plant & Equipment $3.155M $3.277M $3.246M $4.200M $3.390M $3.090M $2.990M $3.190M $3.400M $3.400M $330.0K $330.0K $240.0K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -3.73% 0.95% -22.71% 23.89% 9.71% 3.34% -6.27% -6.18% 0.0% 930.3% 0.0% 37.5%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $67.18K $67.18K $127.6K $0.00 $0.00 $90.00K $10.00K $960.0K $140.0K $100.0K $0.00 $0.00
YoY Change 0.0% -47.37% -100.0% 800.0% -98.96% 585.71% 40.0%
Total Long-Term Assets $3.694M $3.816M $3.848M $4.810M $4.000M $3.690M $3.940M $3.430M $3.510M $3.730M $1.350M $570.0K $380.0K $30.00K $0.00 $0.00 $10.00K $10.00K
YoY Change -3.2% -0.84% -20.0% 20.25% 8.4% -6.35% 14.87% -2.28% -5.9% 176.3% 136.84% 50.0% 1166.67% -100.0% 0.0%
Total Assets $9.703M $12.15M $13.73M $12.02M $13.73M $9.940M $9.170M $13.05M $16.16M $20.70M $9.280M $4.320M $2.560M $480.0K $10.00K $30.00K $40.00K $40.00K
YoY Change
Accounts Payable $933.4K $1.184M $1.119M $810.0K $1.640M $1.310M $880.0K $270.0K $550.0K $3.120M $150.0K $10.00K $0.00 $70.00K $50.00K $30.00K $40.00K $40.00K
YoY Change -21.2% 5.89% 38.1% -50.61% 25.19% 48.86% 225.93% -50.91% -82.37% 1980.0% 1400.0% -100.0% 40.0% 66.67% -25.0% 0.0%
Accrued Expenses $22.95K $50.00K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $16.64K $112.1K $91.78K $50.00K $90.00K
YoY Change -85.15% 22.11% 83.56% -44.44%
Total Short-Term Liabilities $983.0K $1.331M $1.210M $960.0K $1.800M $1.780M $1.600M $1.280M $2.550M $4.100M $490.0K $280.0K $270.0K $360.0K $840.0K $520.0K $250.0K $250.0K
YoY Change -26.13% 9.95% 26.08% -46.67% 1.12% 11.25% 25.0% -49.8% -37.8% 736.73% 75.0% 3.7% -25.0% -57.14% 61.54% 108.0% 0.0%
Long-Term Debt $0.00 $34.65K $195.9K $100.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -82.32% 95.93%
Other Long-Term Liabilities $0.00 $267.1K $90.00K
YoY Change -100.0%
Total Long-Term Liabilities $0.00 $34.65K $463.0K $100.0K $90.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -92.52% 363.04% 11.11%
Total Liabilities $983.0K $1.365M $1.673M $1.060M $1.890M $1.780M $1.600M $1.280M $2.550M $4.100M $490.0K $280.0K $270.0K $360.0K $840.0K $520.0K $250.0K $250.0K
YoY Change -28.01% -18.4% 57.87% -43.92% 6.18% 11.25% 25.0% -49.8% -37.8% 736.73% 75.0% 3.7% -25.0% -57.14% 61.54% 108.0% 0.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $13.611 Million

About KELSO TECHNOLOGIES INC

Kelso Technologies, Inc is a product development company, which engages in the design, production and marketing of various proprietary pressure relief valves and manway securement systems used in transportation applications. The company is headquartered in Surrey, British Columbia. The firm specializes in the development, production and distribution of service equipment used in transportation applications. The firm is a developer and supplier of rail tank car equipment used in the handling and containment of hazardous and non-hazardous commodities during transport. The firm offers specialized rail tank car and truck tanker equipment, no-spill fuel loading systems, first responder emergency response equipment, and road-to-no-road suspension systems for motor vehicles used in rugged wilderness terrains. The firm's rail and road transport equipment includes pressure relief valves, vacuum relief valves, bottom outlet valves, pressure car pressure relief valves, pressure car angle valves, top ball valves, one-bolt manways and related equipment, emergency response equipment for hazmat first responders, and other specialty valves, parts, equipment, and services.

Industry: Railroad Equipment Peers: Lion Electric Co