Kontrol Energy (CSE: KNR) (FSE: 1K8) recently reported financial results from the third quarter of 2018 (http://nnw.fm/d5N50), highlighting an increase in revenue of 35 percent on an annual basis. The company intends to continue its success into the new year. An article discussing the company reads, “Kontrol has also received two major orders totaling over $2 million and two new contracts with licensed producers in the cannabis sector. The aim of Kontrol’s cannabis solutions is to provide energy efficiency and emission compliance solutions, both of which are important to LPs. … In 2019, Kontrol Energy will be putting emphasis on several strategic initiatives. The most important ones include expansion of smart energy technologies to the U.S. market, the addition of accretive and strategic acquisitions and the acceleration of recurring SaaS revenue. “As the broader market becomes more aware of our ability to scale our recurring revenues and our overall growth rates, we believe our shareholders will be rewarded,” Ghezzi noted.”
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About Kontrol Energy Corp.
Kontrol Energy Corp. (CSE: KNR) (FSE: 1K8) is a leader in the energy efficiency sector through IOT, Cloud and SaaS technology. With a disciplined mergers and acquisition strategy, combined with organic growth, Kontrol Energy Corp. provides market-based energy solutions to its customers designed to reduce their overall cost of energy while providing a corresponding reduction in Greenhouse Gas (GHG) emissions. For more information, visit the company’s website at www.KontrolEnergy.com.
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