KIQSF KELSO TECHNOLOGIES INC

BULLISH Impact: 7/10 20-F
Horizon weeks Filed Mar 30, 2026 Processed 2mo ago SEC 0001062993-26-001683
Notable filing: 20-F
Latest settled — T+20d ⚠ clustered
KIQSF ▲ +10.00% at T+20d
LONG call ✓ call won +10.00% · α vs SPY -2.60% · entry $0.1000 → $0.1100
Next anchor: T+60d in 10d
Last close $0.1100 (close Jun 12) · +10.00% from $0.1000 entry
Entry anchored
Mar 30, 2026
via day open
T+1d
+10.00%
call +10.00% · α +7.11%
$0.1100
settled 3mo ago
T+5d
+10.00%
call +10.00% · α +5.70%
$0.1100
settled 2mo ago
T+20d
+10.00%
call +10.00% · α -2.60%
$0.1100
settled 7w ago
T+60d
call — · α —
in 10d

Price Chart

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Executive Summary

Kelso Technologies returned to profitability in FY2025 with net income of $447,397, its first profitable year since 2020, driven by a 27% reduction in expenses to $3.99 million and improved cost management. Revenue increased marginally by 1% to $10.78 million, while gross profit margin remained strong at 41%. The company strengthened its liquidity with a doubled line of credit to $1 million and reduced inventory by 27%, signaling improved working capital management despite projected declines in tank car deliveries.

Actionable Insight

The return to profitability and improved cost discipline suggest Kelso has successfully restructured its operations. Traders should monitor whether the company can maintain margins and grow revenue in 2026 despite projected declines in tank car deliveries. The strengthened credit facility provides flexibility for strategic initiatives like the new Angle Valve launch.

Key Facts

  • Reported first profitable year since 2020 with FY2025 net income of $447,397 ($0.01 per share)
  • Revenue increased 1% YoY to $10.78 million, while expenses reduced 27% to $3.99 million
  • Gross profit margin sustained at 41%, exceeding industry averages
  • Line of credit capacity doubled from $500,000 to $1,000,000
  • Inventory reduced 27% to $2.21 million, improving working capital
  • Discontinued operations resulted in $99,760 loss, but continuing operations generated $547,157 net income

Financial Impact

Net income of $447,397 on revenue of $10.78 million, with expenses reduced by $1.54 million from $5.53 million in FY2024 to $3.99 million in FY2025

revenuenet incomeexpensesgross marginworking capitalliquidity

Risk Factors

  • Management projects tank car deliveries will decline by more than 20% in FY2026
  • Revenue growth remains stagnant with only 1% YoY increase
  • Gross profit declined from $4.69 million in FY2024 to $4.43 million in FY2025

Market Snapshot

Exchange
OTC
Sector
Railroad Equipment

Documents Analyzed

This report is based on 10 SEC documents filed with EDGAR.

DocumentAccession Number
20-F Filing (Primary)0001062993-26-001683
Exhibit: exhibit11-1.htm0001062993-26-001683
Exhibit: exhibit15-3.htm0001062993-26-001683
Exhibit: exhibit12-2.htm0001062993-26-001683
Exhibit: exhibit12-1.htm0001062993-26-001683
Exhibit: exhibit4-3.htm0001062993-26-001683
Exhibit: exhibit13-1.htm0001062993-26-001683
Exhibit: exhibit13-2.htm0001062993-26-001683
Exhibit: exhibit8-1.htm0001062993-26-001683
Document: form20f.htm0001062993-26-001683
2 reports for KIQSF
Performance horizon

Track record builds as more directional reports settle.

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Reports for KIQSF — sortable, filterable
Type Now
May 7, 2026
5w ago
6-K
BEARISH ★ 7/10
$0.1000 $0.0900▲ +10.00%▲ +13.14%$0.1100 (−10.00%)
Mar 30, 2026
10w ago
20-F
BULLISH ★ 7/10
$0.1000 $0.1100▲ +10.00%▼ −2.60%$0.1100 (+10.00%)
Showing 2 of 2

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