Earnings release
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Kontrol Technologies Announces Second Quarter 2026 Financial Results TORONTO -- ( BUSINESS WIRE ) -- August 14 , 2026 -- Kontrol Technologies Corp. ( CBOE.CA:KNR ) ( OTCQB : KNRLF ) ( FSE : 1K8 ) ( " Kontrol Technologies " or " Kontrol " or " Company " ) announces its results for the three months ended and year to date ended June 30 , 2026. A complete set of the Financial Statements and Management's Discussion & Analysis have been filed on SEDAR ( www.sedarplus.ca ) . Q2 2026 and Year to Date Highlights • • • • Revenues for the three months ended June 30 , 2026 were $ 1.8 million , compared to $ 1.3 million for the same quarter in the prior year ; Revenues for the six months ended June 30 , 2026 were $ 3.1 million , compared to $ 2.8 million for the same period in the prior year . Gross margin for the six months ended June 30 , 2026 was 50 % , compared to 56 % for the same period in the prior year . Net income ( loss ) for the three months ended June 30 , 2026 was $ 125,348 compared to $ 230,592 for the same quarter in the prior year ; Net income ( loss ) for the six months ended June 30 , 2026 was $ ( 307,270 ) compared to $ ( 915,240 ) for the same period in the prior year . These figures include unrealized income on revaluation of marketable securities . Adjusted EBITDA for the six months ended June 30 , 2026 was negative $ ( 291,244 ) compared to $ ( 597,553 ) for the same period in the prior year . As at June 30 , 2026 the Company's aggregate cash and marketable securities balance was $ 7.3 million . As at June 30 , 2026 the Company had no outstanding interest - bearing bank debt . " As we onboard new customers and expand our service offerings , multi - year agreements are adding to repeat and recurring revenue , " says Paul Ghezzi , CEO of Kontrol . " Our internal AI platform continues to strengthen RFP participation and operational efficiency , including larger tender submissions than in prior periods . " Q2 2026 and Year to Date Financial Summary Financial Results ( Unaudited ) Revenue Gross profit Net income ( loss ) Three months ended June 30 2026 2025 $ 1,779,055 $ 1,257,424 Six months ended June 30 2026 $ 3,075,918 2025 $ 787,593 $ 739,623 $ 1,537,549 $ 2,750,807 $ 1,547,428 $ 125,348 $ 230,592 $ ( 307,270 ) $ ( 915,240 )