Kelso Technologies Inc. (TSE:KLS) has released an update.
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Kelso Technologies Inc. has published its unaudited financial statements for Q1 2024, showing a slight increase in revenues to $2.65 million compared to $2.46 million in Q3 2023, but still reporting a net loss of $698,759. The company’s gross profit margin decreased from 44% to 42%, and despite a reduced net loss, there was an increase in non-cash expenses to $540,143.
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