- Kontrol Energy Corp. grew its revenue run rate from $1.8 million to $16 million over the past two years
- The company has a foothold in various industries, promising energy-efficiency solutions to help customers achieve green goals
- Kontrol has secured contracts to provide services to licensed producers in the Canadian cannabis sector
- The company recently announced the upcoming release of its 2018 financial results
Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8), a leader in the energy-efficiency sector, is working to reshape the way consumers use, manage and strategically allocate resources. The company has taken root in myriad industries and promises to help customers realize their energy-efficiency goals.
Through Kontrol’s innovative solutions, customers can leverage more control over their energy consumption as they see immediate and real-time energy savings. Currently, the Kontrol Energy group of companies saves its customers more than 40 million kilowatt hours of electricity annually while also helping to reduce greenhouse gas emissions (http://nnw.fm/QI2Pe).
Kontrol has seen incredible growth in its revenue run rate over the past two years, growing from $1.8 million to $16 million. This growth is due in large part to the company’s dedicated focus on a strong acquisitions strategy and concentrated effort to foster organic growth. Additionally, the company’s presence in multiple industries has allowed it to diversify efforts. These industries include commercial buildings, multi-residential buildings, commercial cannabis, utilities, manufacturing and education.
As Kontrol offers its integrated energy-efficiency solutions and technologies to the thriving cannabis industry, it continues to seek new ways to deepen its reach. To date, Kontrol has secured two contracts to provide energy-efficiency services to licensed producers in the Canadian cannabis sector. The Canadian medicinal marijuana industry alone was valued at C$400 million in 2017, and Canadian bank CIBC expects this figure to grow to C$6.8 billion by 2020 in the wake of Canada’s full legalization (http://nnw.fm/nS6Yz). Kontrol’s leadership team realizes the revenue potential of the cannabis industry, as it is an industry fully dependent on large amounts of low-cost energy to be successful.
Kontrol has much to offer licensed producers (“LPs”) in this regard. Its energy solutions and technologies provide real-time energy monitoring, allowing LPs (http://nnw.fm/e0lQa) to “reduce waste and increase system reliabilities” by detecting “inefficiencies and areas of improvement,” thus ensuring higher yields and more lucrative crop harvests. Additionally, Kontrol’s technologies “identify high return energy retrofits and distributed generation upgrades,” helping companies improve their energy consumption. Lastly, the company helps customers “comply with energy and water disclosure laws” by providing “customized granular energy data and historical reports.” Kontrol’s menu of energy-analytics solutions and technologies enable customers to meet their energy efficiency goals while also obtaining air quality and emission compliance.
The company recently announced that it will release its fiscal 2018 financial results for the year ended December 31, 2018, on Tuesday, April 30 (http://nnw.fm/AsLv6).
For more information, visit the company’s website at www.KontrolEnergy.com
NOTE TO INVESTORS: The latest news and updates relating to KNRLF are available in the company’s newsroom at http://nnw.fm/KNRLF
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