Kelso Technologies ( (TSE:KLS) ) just unveiled an announcement.
Kelso Technologies Inc. reported its first profitable quarter since Q1-2020, with a net income of $412,337 for Q1-2025. The company achieved a 19.06% year-over-year increase in gross revenue, reaching $3.16 million, and improved its gross profit margin to 44.6%. Despite challenges in international trade affecting tank car demand, Kelso remains optimistic about sustainable revenue growth and is preparing for an expected increase in new tank car builds in 2026/2027. The company announced leadership changes, with Amanda Smith set to become the new COO, as part of its cost reduction strategy.
Spark’s Take on TSE:KLS Stock
According to Spark, TipRanks’ AI Analyst, TSE:KLS is a Neutral.
Kelso Technologies’ stock score of 50 reflects financial challenges such as declining revenues and profitability issues, which are balanced by a strong equity position. Technical analysis shows moderate momentum, while valuation metrics highlight potential risks. Corporate events suggest strategic plans that could improve the company’s future outlook.
To see Spark’s full report on TSE:KLS stock, click here.
More about Kelso Technologies
Kelso Technologies Inc. operates within the transportation industry, focusing on the production of tank car components and related products. The company is dedicated to strategic planning and innovation to navigate complexities in international trade and tariffs, positioning itself to capitalize on emerging opportunities in the market.
YTD Price Performance: 33.33%
Average Trading Volume: 41,399
Technical Sentiment Signal: Strong Buy
Current Market Cap: $6.18M
See more data about KLS stock on TipRanks’ Stock Analysis page.