Kontrol Energy Corp. (CSE: KNR) (FSE: 1K8) Revenue for 2018 Up 35 Percent, Further Growth Anticipated

December 12, 2018 12:12:11
  • Revenue for the first nine months of the year reached $6.6 million, 35 percent higher than the same period last year
  • Q3 revenue also reached  a new record level of $2.4 million
  • In 2019, Kontrol Energy plans to put emphasis on U.S. market smart technology propagation, accretive and strategic acquisitions and acceleration of recurring SaaS revenue

In the nine months ended in September 2018, Kontrol Energy Corp. (CSE: KNR) (FSE: 1K8) saw an increase in revenue of 35 percent on an annual basis. The revenue for the first nine months of the year was $6.6 million (in comparison to $4.9 million for the same period of 2017) and the quarterly revenue for Q3 also reached record levels of $2.4 million (in comparison to $2.2 million in September 2017).

This information was presented during a Kontrol Energy announcement about the company’s financial performance over the third quarter of the…

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