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An announcement from Kontrol Technologies ( (TSE:KNR) ) is now available.
Kontrol Technologies announced its financial results for the fourth quarter and fiscal year 2024, highlighting a significant gain from the sale of air monitoring and compliance-related assets, which contributed to a net income of $12.2 million from continuing operations. Despite a decrease in revenue compared to the previous year, the company maintains a strategic focus on high gross margins and plans to continue its growth through organic means and strategic acquisitions.
More about Kontrol Technologies
Kontrol Technologies operates in the technology industry, focusing on the service and maintenance of complex heating and cooling systems for approximately 400 buildings. The company is committed to organic growth and acquisitions that complement its existing business operations.
Technical Sentiment Signal: Sell
Current Market Cap: C$104.6M
For a thorough assessment of KNR stock, go to TipRanks’ Stock Analysis page.