Kontrol Energy (CSE: KNR) (FSE: 1K8) recently reported
financial results from the third quarter of 2018 (http://ibn.fm/WIhJ1),
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.”
To view the full article, visit http://ibn.fm/IH68L
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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