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TORONTO, May 31, 2021 /PRNewswire/ – Kontrol Technologies Corp. (NEO: KNR) (OTCQB: KNRLF) (FSE: 1K8) (“Kontrol Technologies” or “Kontrol” or the “Company“) a leader in smart buildings and cities through IoT, Cloud and SaaS technology announces the release of its financial results for the three months ended March 31, 2021. A complete set of the Financial Statements and Management’s Discussion & Analysis have been filed on SEDAR (www.sedar.com).
“Kontrol has continued to deliver positive operating cash flow and positive Adjusted EBITDA while investing in its operating platform and managing the market uncertainty caused by logistics and supply chain impacts from the COVID-19 pandemic,” says Paul Ghezzi, CEO of Kontrol Technologies. “With our balance sheet improvement and recent equity raise we are well positioned to scale our patented smart building technologies. During the first quarter of…
