|Bid||0.4550 x 0|
|Ask||0.4700 x 0|
|Day's Range||0.4550 - 0.4550|
|52 Week Range||0.2200 - 0.7600|
|Beta (5Y Monthly)||1.53|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
"We look forward to completing this strategic acquisition since it is expected to grow our recurring revenues, add a number of new large cap real-estate owners and asset managers to our existing blue-chip customer base, and add 100 new buildings to Kontrol's customer base," said Paul Ghezzi, CEO of Kontrol Energy. Approximately 40% of the Acquisition Target's revenues are expected to be annually recurring and the Acquisition Target has developed a scalable platform.
A call to discuss the financial results has been scheduled for Monday, June 1st, 2020 at 4:30pm (EST). "In a challenging business environment, we continue to execute on our vision and strategic plan," says Paul Ghezzi, CEO Kontrol Energy.
Kontrol Energy intends to apply to list the convertible debentures issuable pursuant to the Offering on the Canadian Securities Exchange ("CSE"). "We look forward to adding this synergistic acquisition to our operating platform and expanding our recurring revenue business," says Paul Ghezzi, CEO Kontrol Energy.
Achieving the UL product safety certification allows Kontrol to sell its SmartSuite technology in North America. In order to sell the SmartSuite technology in Europe and South America, CE certification is required in order to comply with the EU's Conformité Européenne standards.
On May 19th, 2020, following the announcement on May 13th, 2020 for the launch of 2 SmartSite® pilots with the OEM, Kontrol and the OEM (collectively, "the parties") have entered into an MOU. The purpose of the MOU is to provide the parties with an agreement on intellectual property rights, software development and equipment data ownership.
In some cases, Kontrol and TargetCo are currently providing separate services and solutions to the same customer. "A core strategic objective for Kontrol is accelerating recurring revenues with high gross margins," says Paul Ghezzi, CEO of Kontrol Energy.
On April 27th, 2020 Kontrol announced the launch of its white label energy management and analytics platform. Following that announcement Kontrol has initiated two pilots with one of Europe's largest manufacturers of HVAC equipment.
-Revenue Grows 35% Year on Year- TORONTO, ON / ACCESSWIRE / April 29, 2020 / Kontrol Energy Corp. ( CSE:KNR )( OTCQB:KNRLF )( FSE:1K8 ) (" Kontrol " or "Company" ) a leader in the energy ...
Kontrol will provide Original Equipment Manufacturers (OEMs) a white label solution which can be packaged with OEM energy efficiency products at the point of sale. "Based on ongoing discussions with our customers and a growing market opportunity, we are launching a solution to provide OEMs in the energy efficiency and energy retrofit market with a white label solution powered by Kontrol's SmartSite® platform," says Paul Ghezzi, CEO at Kontrol.
The Company will set and communicate details for a new AGM meeting date and location as soon as the orderly planning and preparation of the meeting can be conducted. "The health and safety of our employees, shareholders, and the community at large, remains a top priority," said Paul Ghezzi, CEO at Kontrol. "This decision to postpone the holding of our AGM was not taken lightly, however, given the restrictions of public meetings, management considered it to be in the best interests of the Company and the health and safety of our shareholders to postpone the scheduled AGM and hold it at a later date."
Kontrol's business operations are primarily in Ontario, Canada, however the Company has numerous US customers who represent approximately ten percent (10%) of its revenues. Kontrol's customers include owners, operators, and managers of commercial and industrial facilities. Kontrol has an established and diversified customer base.
Using its existing SmartSite® software platform Kontrol can integrate with existing legacy building automation systems (BAS) to optimize overall air quality, ventilation rates and corresponding energy consumption. "We are responding to an increase in customer demand to assist with overall improved ventilation and air quality in addressing the needs of the multi-residential sector," says Paul Ghezzi, CEO Kontrol Energy.
During the current climate of concern, The Spring Investor Summit will now take place virtually, featuring over 500 registered executives and investors. Investors will still be able to view all the company presentations directly in the conference event platform on the event days. Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) is a leader in the energy efficiency sector through IoT, Cloud and SaaS technology.
Kontrol's business operations are primarily in Ontario, Canada, however the Company has numerous US customers with approximately ten percent (10%) in US revenues. Kontrol's customers include owners, operators and managers of commercial and industrial facilities. Kontrol has an established and diversified customer base with approximately fifty percent (50%) of Kontrol's annual revenue generated from repeat customer business.
Paul Ghezzi, CEO of Kontrol, will be giving the presentation and answering questions from investors. "As part of our focus to share the Kontrol growth story in the US we look forward to joining the LD Micro virtual conference," says Paul Ghezzi, CEO Kontrol.
Under the terms of the installation, Kontrol will provide both process control and government regulated emissions monitoring equipment. Following the completion of the installation Kontrol will deliver ongoing service and software monitoring on a recurring revenue basis and in the approximate amount of $40,000 per annum.
TORONTO, ON / ACCESSWIRE / February 25, 2020 / Kontrol Energy Corp. ( CSE:KNR )( OTCQB:KNRLF )( FSE:1K8 ) (" Kontrol " or " Company ") today announced that it has retained Integrous ...
Combining energy management in real-time with rich cloud analytics and smart learning algorithms, the SmartSuite technology is much more than a traditional smart thermostat. In addition, SmartSuite can be deployed rapidly and at a much lower cost than traditional building automation systems.
Joanna Osawe is the Chair, President & CEO of Women in Renewable Energy (WiRE), a group which encourages and supports women to enter the renewable energy industry. WiRE is inclusive and educates on all renewable and emerging energy technologies with chapters in St. John's, Halifax, Montreal, Ottawa, Toronto, Mississauga, Windsor, Calgary, Edmonton, Saskatchewan and Vancouver and Kamloops.
EEI provides its customers with detailed energy efficiency analysis, energy audits, management of facility system solutions, electrical and mechanical design, and energy conservation studies. It is proposed that the spin-out would be effected by way of a plan of arrangement (the "Arrangement") under the provisions of the Business Corporations Act (British Columbia) which would see shareholders of Kontrol receive an aggregate of 20,000,000 shares of EEI pro rata to their holdings of Kontrol as at the record date, and Kontrol would retain 4,000,000 shares of EEI post-Arrangement.
The Company will present to institutional funds, family offices and brokers. The roadshow will support the Company's stated efforts to ramp up business in the US and create awareness of its recent achievements and planned milestones for the year. Paul Ghezzi, CEO of Kontrol stated: "As we gear up for operational expansion in the United States this year with our customers, such as Beyond Meat and Toyota, we believe it is also important to share our story with investors in the US".
"In less than 4 months we were able to validate and deploy a technology solution for process and quality improvements in real-time and entered a new market vertical with one of the world leading company's in this industry," says Paul Ghezzi, CEO of Kontrol Energy. Under the terms of the pilot CEMSI provided 2 real-time analyzers and associated installation and monitoring services to assist in the rapid evaluation, measurement and validation of organic inputs.
The SmartSuite solution has been in development for the past 2 years and is now certified for the Canadian market. As part of the launch Kontrol is entering into pilots with three leading commercial real estate management companies.