What is Kelso Technologi's earnings per share (EPS)?

Kelso Technologi (KIQSF) reported diluted earnings per share of $-0.03 for fiscal year 2024. This represents a -1400.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Kelso Technologi Financials

KIQSF

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2024 Currency USD FYE December

This page shows Kelso Technologi (KIQSF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 36/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Kelso Technologi's revenue declined 1.3% year-over-year, from $10.8M to $10.7M. This contraction results in a growth score of 31/100.

Leverage

100

Kelso Technologi carries a low D/E ratio of 0.01, meaning only $0.01 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Kelso Technologi's current ratio of 1.93 indicates adequate short-term liquidity, earning a score of 35/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

While Kelso Technologi generated -$394K in operating cash flow, capex of $11K consumed most of it, leaving -$405K in free cash flow. This results in a low score of 16/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Kelso Technologi generates a -109.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -24.1% the prior year.

Piotroski F-Score Weak

2/9

Kelso Technologi passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Low Quality

0.09x

For every $1 of reported earnings, Kelso Technologi generates $0.09 in operating cash flow (-$394K OCF vs -$4.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$10.7M

YoY-1.3%

5Y CAGR-12.3%

Kelso Technologi generated $10.7M in revenue in fiscal year 2024. This represents a decrease of 1.3% from the prior year.

EBITDA

N/A

Net Income

-$4.6M

YoY-119.9%

Kelso Technologi reported -$4.6M in net income in fiscal year 2024. This represents a decrease of 119.9% from the prior year.

EPS (Diluted)

$-0.03

YoY-1400.0%

Kelso Technologi earned $-0.03 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 1400.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$405K

YoY-47.2%

Kelso Technologi generated -$405K in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 47.2% from the prior year.

Cash & Debt

$153K

YoY-89.3%

5Y CAGR-49.0%

Kelso Technologi held $153K in cash against $59K in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

55M

YoY+1.3%

5Y CAGR+3.2%

Kelso Technologi had 55M shares outstanding in fiscal year 2024. This represents an increase of 1.3% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

-43.3%

YoY-23.9pp

5Y CAGR-59.5pp

Kelso Technologi's net profit margin was -43.3% in fiscal year 2024, showing the share of revenue converted to profit. This is down 23.9 percentage points from the prior year.

Return on Equity

-109.3%

YoY-85.2pp

5Y CAGR-137.4pp

Kelso Technologi's ROE was -109.3% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 85.2 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$11K

5Y CAGR-51.7%

Kelso Technologi invested $11K in capex in fiscal year 2024, funding long-term assets and infrastructure.

KIQSF Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$10.7M-1.3%	$10.8M-1.0%	$10.9M+47.2%	$7.4M-33.4%	$11.1M-45.7%	$20.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	$4K-65.1%	$10K-12.3%	$12K+97.6%	$6K0.0%	$6K
Income Tax	$236K+38.7%	$170K+2.7%	$166K-3.8%	$173K-30.7%	$249K+151.3%	$99K
Net Income	-$4.6M-119.9%	-$2.1M-55.1%	-$1.4M+50.9%	-$2.8M-110.9%	-$1.3M-139.2%	$3.3M
EPS (Diluted)	$-0.03-1400.0%	$-0.00-166.7%	$0.00	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q4'17
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

KIQSF Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$6.6M-32.3%	$9.7M-20.1%	$12.1M-11.5%	$13.7M+14.2%	$12.0M-12.5%	$13.7M
Current Assets	$4.4M-26.7%	$6.0M-27.9%	$8.3M-15.7%	$9.9M+37.0%	$7.2M-25.9%	$9.7M
Cash & Equivalents	$153K-89.3%	$1.4M-47.1%	$2.7M-19.7%	$3.4M+222.0%	$1.0M-76.3%	$4.4M
Inventory	$3.0M-9.9%	$3.4M-18.5%	$4.1M-25.1%	$5.5M+1.3%	$5.5M+60.9%	$3.4M
Accounts Receivable	$1.1M+2.4%	$1.1M-22.9%	$1.4M+71.2%	$807K+50.7%	$536K-70.6%	$1.8M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.3M+138.2%	$983K-28.0%	$1.4M-18.4%	$1.7M+58.5%	$1.1M-44.0%	$1.9M
Current Liabilities	$2.3M+132.2%	$983K-26.1%	$1.3M+10.0%	$1.2M+26.3%	$958K-46.6%	$1.8M
Long-Term Debt	$59K	$0-100.0%	$35K-82.3%	$196K+100.9%	$98K+7.7%	$91K
Total Equity	$4.2M-51.5%	$8.7M-19.1%	$10.8M-10.6%	$12.1M+10.0%	$11.0M-7.5%	$11.8M
Retained Earnings	-$27.9M-19.9%	-$23.3M-9.9%	-$21.2M-6.8%	-$19.8M-16.2%	-$17.1M-8.3%	-$15.8M

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q4'17
Total Assets	$6.6M-32.3%	$9.7M-20.1%	$12.1M-11.5%	$13.7M+14.2%	$12.0M-12.5%	$13.7M+38.1%	$9.9M+8.5%	$9.2M
Current Assets	$4.4M-26.7%	$6.0M-27.9%	$8.3M-15.7%	$9.9M+37.0%	$7.2M-25.9%	$9.7M+55.8%	$6.2M+19.5%	$5.2M
Cash & Equivalents	$153K-89.3%	$1.4M-47.1%	$2.7M-19.7%	$3.4M+222.0%	$1.0M-76.3%	$4.4M+254.5%	$1.2M+203.1%	$411K
Inventory	$3.0M-9.9%	$3.4M-18.5%	$4.1M-25.1%	$5.5M+1.3%	$5.5M+60.9%	$3.4M-7.5%	$3.7M-7.8%	$4.0M
Accounts Receivable	$1.1M+2.4%	$1.1M-22.9%	$1.4M+71.2%	$807K+50.7%	$536K-70.6%	$1.8M+49.0%	$1.2M+87.4%	$653K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.3M+138.2%	$983K-28.0%	$1.4M-18.4%	$1.7M+58.5%	$1.1M-44.0%	$1.9M+6.0%	$1.8M+11.2%	$1.6M
Current Liabilities	$2.3M+132.2%	$983K-26.1%	$1.3M+10.0%	$1.2M+26.3%	$958K-46.6%	$1.8M+0.9%	$1.8M+11.2%	$1.6M
Long-Term Debt	$59K	$0-100.0%	$35K-82.3%	$196K+100.9%	$98K+7.7%	$91K	N/A	N/A
Total Equity	$4.2M-51.5%	$8.7M-19.1%	$10.8M-10.6%	$12.1M+10.0%	$11.0M-7.5%	$11.8M+45.1%	$8.2M+7.9%	$7.6M
Retained Earnings	-$27.9M-19.9%	-$23.3M-9.9%	-$21.2M-6.8%	-$19.8M-16.2%	-$17.1M-8.3%	-$15.8M+17.5%	-$19.1M+1.0%	-$19.3M

KIQSF Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$394K-43.1%	-$275K-187.5%	$314K+117.2%	-$1.8M-16.8%	-$1.6M-143.2%	$3.6M
Capital Expenditures	$11K	$0	$0-100.0%	$131K-92.3%	$1.7M+299.5%	$429K
Free Cash Flow	-$405K-47.2%	-$275K-187.5%	$314K+116.1%	-$2.0M+40.3%	-$3.3M-202.7%	$3.2M
Investing Cash Flow	-$751K+11.3%	-$847K+3.3%	-$875K-118.2%	-$401K+76.6%	-$1.7M-299.5%	-$429K
Financing Cash Flow	-$139K+10.7%	-$155K-14.6%	-$136K-103.0%	$4.5M+4945.1%	-$94K-374.8%	-$20K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q4'17
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

KIQSF Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-43.3%-23.9pp	-19.4%-7.0pp	-12.4%+24.8pp	-37.1%-25.4pp	-11.7%-28.0pp	16.2%
Return on Equity	-109.3%-85.2pp	-24.1%-11.5pp	-12.6%+10.3pp	-22.9%-10.9pp	-11.9%-40.1pp	28.1%
Return on Assets	-70.3%-48.7pp	-21.7%-10.5pp	-11.2%+8.9pp	-20.1%-9.2pp	-10.9%-35.2pp	24.3%
Current Ratio	1.93-4.2	6.11-0.1	6.26-1.9	8.16+0.6	7.53+2.1	5.42
Debt-to-Equity	0.01+0.0	0.000.0	0.00-0.0	0.020.0	0.010.0	0.01
FCF Margin	-3.8%-1.3pp	-2.5%-5.4pp	2.9%+29.2pp	-26.3%+3.1pp	-29.4%-44.9pp	15.5%

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18	Q4'17
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	1.93-4.2	6.11-0.1	6.26-1.9	8.16+0.6	7.53+2.1	5.42+1.9	3.51+0.2	3.27
Debt-to-Equity	0.01+0.0	0.000.0	0.00-0.0	0.020.0	0.010.0	0.01-0.2	0.220.0	0.21
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

What is Kelso Technologi's annual revenue?

Kelso Technologi (KIQSF) reported $10.7M in total revenue for fiscal year 2024. This represents a -1.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Kelso Technologi's revenue growing?

Kelso Technologi (KIQSF) revenue declined by 1.3% year-over-year, from $10.8M to $10.7M in fiscal year 2024.

Is Kelso Technologi profitable?

No, Kelso Technologi (KIQSF) reported a net income of -$4.6M in fiscal year 2024, with a net profit margin of -43.3%.

How much debt does Kelso Technologi have?

As of fiscal year 2024, Kelso Technologi (KIQSF) had $153K in cash and equivalents against $59K in long-term debt.

What is Kelso Technologi's net profit margin?

Kelso Technologi (KIQSF) had a net profit margin of -43.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Kelso Technologi's return on equity (ROE)?

Kelso Technologi (KIQSF) has a return on equity of -109.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Kelso Technologi's free cash flow?

Kelso Technologi (KIQSF) generated -$405K in free cash flow during fiscal year 2024. This represents a -47.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Kelso Technologi's operating cash flow?

Kelso Technologi (KIQSF) generated -$394K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Kelso Technologi's total assets?

Kelso Technologi (KIQSF) had $6.6M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Kelso Technologi's capital expenditures?

Kelso Technologi (KIQSF) invested $11K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does Kelso Technologi have outstanding?

Kelso Technologi (KIQSF) had 55M shares outstanding as of fiscal year 2024.

What is Kelso Technologi's current ratio?

Kelso Technologi (KIQSF) had a current ratio of 1.93 as of fiscal year 2024, which is generally considered healthy.

What is Kelso Technologi's debt-to-equity ratio?

Kelso Technologi (KIQSF) had a debt-to-equity ratio of 0.01 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Kelso Technologi's return on assets (ROA)?

Kelso Technologi (KIQSF) had a return on assets of -70.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Kelso Technologi's cash runway?

Based on fiscal year 2024 data, Kelso Technologi (KIQSF) had $153K in cash against an annual operating cash burn of $394K. This gives an estimated cash runway of approximately 5 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Kelso Technologi's Piotroski F-Score?

Kelso Technologi (KIQSF) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Kelso Technologi's earnings high quality?

Kelso Technologi (KIQSF) has an earnings quality ratio of 0.09x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Kelso Technologi?

Kelso Technologi (KIQSF) scores 36 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.