Kontrol Technologies Post Record Monthly Revenues and Accelerating Order Book
KNR is on the rebound (6 month cup and handle\] growing smart building technologies market share organically and through acquisitions. Record monthly revenues reported in August and order book hits $160M, sales of BioCloud Analyzer \[covid and other airbrone particles detection in real-time\] increasing and they're acquiring customers globally. Its a market not well addressed by bigger traditional building systems competitors according to management strategy. Toronto based trading on canadian NEO exchange \[KNR hovering near CAD$3 range recently\] and OTC (KNRLF). Indoor air quality, safety and energy efficiency innovation are the companies sweetspot. DD it if you haven't heard about this one before. 🦄
*"We delivered our highest revenue month in Kontrol's operating history based on strong organic growth and the consolidation of our recent acquisition," said* *Paul Ghezzi, CEO of Kontrol. "We remain focused on scaling the business across our operating portfolio and growing market share in the global smart buildings industry. Innovation is at the core of our business and the driving force behind the ongoing commercial building modernization cycle which we are uniquely positioned to capitalize on as we seek to create long term value for our shareholders."*
" The Company is executing on its strategic plan to innovate internally, accelerate organic growth through cross-sales opportunities, and make strategic value acquisitions on an opportunistic basis. Of particular emphasis is the continued growth of recurring revenues.
BioCloud continues to be accretive to year-to-date revenues and the Company has recently entered into a partnership with Steelcase (*see press release dated* *August 16, 2021*) which is set to launch this month. As a leader in office technology, Steelcase provides an established dealer network that is approximately 40 times the size of Kontrol's current independent distributor network."
https://www.reddit.com/r/StockMarket/comments/pq0ek2/kontrol_technologies_post_record_monthly_revenues/
