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Kelso Technologies ( (TSE:KLS) ) has issued an announcement.
Kelso Technologies has announced its fiscal year 2025 budget, projecting flat to modest sales growth while emphasizing cost discipline in preparation for an anticipated increase in tank car builds starting in 2026. The company is undergoing strategic reorganization to enhance financial stability and is actively pursuing full approval for its key products, which could open new revenue streams. Despite a challenging financial landscape in 2024, Kelso aims to improve operational efficiency and profitability in 2025.
More about Kelso Technologies
Kelso Technologies Inc. operates within the transportation industry, focusing on the production of specialized equipment for rail tank cars. The company is particularly involved in the development and approval of safety valves, such as the Bottom Outlet Valve and Angle Valve, which are crucial for railcar safety and efficiency.
YTD Price Performance: 11.11%
Average Trading Volume: 33,278
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $6.36M
For an in-depth examination of KLS stock, go to TipRanks’ Stock Analysis page.