Kelso Technologies Inc. income statement KIQSF

Annual Quarterly

In fiscal 2025, which ended Dec 31, 2025, Kelso Technologies Inc. reported revenue of $10.8 million, up 1.0% from the year before. Net income was $447,397, a profit margin of 4.1%. Operating income came to $443,691, an operating margin of 4.1%. Diluted earnings per share were $0.01. Across the 9 fiscal years shown, revenue grew from $6.1 million in fiscal 2017 to $10.8 million in fiscal 2025, about 7.5% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017
Revenue	11 +1.0%	11 -1.3%	11 -1.0%	11 +47.2%	7 -33.4%	11 -45.7%	21 +61.6%	13 +109.7%	6
Cost of revenue	6 +6.1%	6 -4.0%	6 +3.6%	6 +42.4%	4 -33.5%	6 -42.0%	11 +47.6%	7 +47.3%	5
Gross profit	4 -5.6%	5 +2.4%	5 -6.7%	5 +53.6%	3 -33.3%	5 -50.0%	10 +81.2%	5 +419.0%	1
Research and development	0 -25.7%	0 -29.5%	1 +11.6%	0 -72.0%	2 +22.0%	1 +23.3%	1 -16.5%	1 -14.0%	2
Operating income	0 +153.2%	-1 -475.4%	0 -24.0%	0 +109.6%	-3 -213.4%	-1 -127.9%	3 +953.6%	0 +106.7%	-5
Pretax income	0 +133.9%	-1 -2804.2%	0 -84.7%	0 +113.2%	-3 -144.2%	-1 -130.8%	3 +6153.7%	-0 +98.9%	-5
Income tax	-0 -128.1%	0 +38.7%	0 +2.7%	0 -3.8%	0 -30.7%	0 +151.3%	0 +139.4%	-0 -67.1%	-0
Net income	0 +109.7%	-5 -119.9%	-2 -55.1%	-1 +50.9%	-3 -110.9%	-1 -139.2%	3 +1614.6%	0 +103.9%	-5
Basic EPS	0.01	—	-0.04 -100.0%	-0.02 +60.0%	-0.05 -66.7%	-0.03 -142.9%	0.07	0.00 +100.0%	-0.11
Diluted EPS	0.01	—	-0.04 -100.0%	-0.02 +60.0%	-0.05 -66.7%	-0.03 -142.9%	0.07	0.00 +100.0%	-0.11
Weighted average shares, basic	55 +1.2%	55 +0.4%	54 +0.0%	54 +2.3%	53 +12.5%	47 +0.0%	47 +0.1%	47 +0.6%	47
Weighted average shares, diluted	56 +1.7%	55 +0.4%	54 +0.0%	54 +2.3%	53 +12.5%	47 -2.1%	48 +1.5%	47 +1.3%	47
Other measures
Depreciation and amortization	0 -7.7%	0 +31.9%	0 -96.2%	0 -26.7%	0 +212.4%	0 +102.4%	0 +129.1%	0 +77.0%	0
EBITDA	0 +156.1%	-1 -448.8%	0 -61.8%	1 +123.4%	-3 -213.6%	-1 -123.4%	4 +884.7%	0 +107.3%	-5
Margins
Gross margin	41.10%	43.95%	42.35%	44.91%	43.05%	42.99%	46.63%	41.58%	16.80%
Operating margin	4.11%	-7.81%	2.05%	2.67%	-41.19%	-8.75%	17.01%	2.61%	-81.53%
Pretax margin	4.46%	-13.26%	0.48%	3.12%	-34.82%	-9.50%	16.71%	-0.45%	-85.21%
Profit margin	4.15%	-43.28%	-19.43%	-12.40%	-37.15%	-11.73%	16.22%	1.53%	-82.73%
EBITDA margin	4.25%	-7.66%	2.17%	5.61%	-35.29%	-7.49%	17.35%	2.85%	-81.24%
Effective tax rate	-13.85%	—	325.47%	48.62%	—	—	2.89%	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry: Railroad Equipment (SIC 3743)
Listed as: KIQSF (OTC)
Incorporated in: British Columbia, Canada
Headquarters: Surrey
SEC filer status: Non-accelerated filer, Emerging growth company
SEC CIK: 1161814

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.