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Trutankless, Inc.

trutanklessinc.com

Trutankless, Inc. engages in the sales, marketing, research, and development of whole-house, electric tankless water heaters. The company is headquartered in Scottsdale, Arizona. The company went IPO on 2009-03-26. The firm is involved in sales, marketing, research and development of whole-house and smart electric tankless water heaters. Its trutankless water heaters are designed to provide an endless hot water supply as they are designed to heat water as it flows through the system. Its trutankless water heaters are available through wholesale plumbing distributors, including Ferguson, Hajoca, WinSupply, Morrison Supply locations, and several regional distributors. Through its app, residential and commercial users can obtain real-time status reports, adjust unit temperature settings, view water usage data, and change notification settings from anywhere in the world on their mobile device. Its primary markets include Florida, Texas, Arizona, and the rest of the Sunbelt region. Its LeakSecure's enhanced sensors precisely track all water usage, cold and hot. The company detects leaks anywhere in the home.

Financial Snapshot

Revenue
TTM
$2.037M
Gross Margin
TTM
21.72%
Net Income
TTM
-$7.226M
Current Assets
2026 Q2
Current Liabilities
2026 Q2
Current Ratio
2026 Q2
24.51%
Total Assets
2026 Q2
Total Liabilities
2026 Q2
Book Value
2026 Q2
-$10.86M
Cash
2026 Q2
P/E
Last 4 Quarters
N/A
Free Cash Flow
Last 4 Quarters
N/A

Stock Price

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Market Cap: $67.783 Million

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