Kelso Technologies (TSE:KLS) has released an update.
Kelso Technologies reported a 20% decline in Q3 2024 revenue, resulting in a net loss of $361,800, although this marks an improvement from the previous quarter due to effective expense reduction strategies. The company maintains a strong gross profit margin and aims for sustainable revenue growth amid market challenges. Key leadership changes and a secured line of credit are part of their ongoing efforts to enhance shareholder value.
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