Koil Energy Solutions Financials
This page shows Koil Energy Solutions (KLNG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Koil Energy Solutions has an operating margin of 11.3%, meaning the company retains $11 of operating profit per $100 of revenue. This results in a moderate score of 56/100, indicating healthy but not exceptional operating efficiency. This is up from -10.5% the prior year.
Koil Energy Solutions's revenue surged 48.2% year-over-year to $22.7M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Koil Energy Solutions carries a low D/E ratio of 1.18, meaning only $1.18 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 67/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.26, Koil Energy Solutions holds $2.26 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 70/100.
Koil Energy Solutions has a free cash flow margin of 5.9%, earning a moderate score of 30/100. The company generates positive cash flow after capital investments, but with room for improvement.
Koil Energy Solutions earns a strong 30.4% return on equity (ROE), meaning it generates $30 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100.
Koil Energy Solutions scores -1.09, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($26.2M) relative to total liabilities ($10.1M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Koil Energy Solutions passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Koil Energy Solutions generates $0.66 in operating cash flow ($1.7M OCF vs $2.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Koil Energy Solutions earns $54.4 in operating income for every $1 of interest expense ($2.6M vs $47K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Koil Energy Solutions generated $22.7M in revenue in fiscal year 2024. This represents an increase of 48.2% from the prior year.
Koil Energy Solutions's EBITDA was $3.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 411.2% from the prior year.
Koil Energy Solutions generated $1.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 5103.7% from the prior year.
Koil Energy Solutions reported $2.6M in net income in fiscal year 2024. This represents an increase of 268.6% from the prior year.
Koil Energy Solutions earned $0.21 per diluted share (EPS) in fiscal year 2024. This represents an increase of 261.5% from the prior year.
Koil Energy Solutions held $3.4M in cash against $0 in long-term debt as of fiscal year 2024.
Koil Energy Solutions's gross margin was 38.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 6.9 percentage points from the prior year.
Koil Energy Solutions's operating margin was 11.3% in fiscal year 2024, reflecting core business profitability. This is up 21.7 percentage points from the prior year.
Koil Energy Solutions's net profit margin was 11.5% in fiscal year 2024, showing the share of revenue converted to profit. This is up 21.6 percentage points from the prior year.
Koil Energy Solutions's ROE was 30.4% in fiscal year 2024, measuring profit generated per dollar of shareholder equity.
Koil Energy Solutions invested $375K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 63.0% from the prior year.
KLNG Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.4M+22.8% | $5.2M-1.3% | $5.3M-11.6% | $5.9M+2.8% | $5.8M-0.2% | $5.8M+44.6% | $4.0M-2.5% | $4.1M |
| Cost of Revenue | $4.3M+24.9% | $3.5M-4.0% | $3.6M+1.8% | $3.5M+0.1% | $3.5M-6.1% | $3.8M+13.3% | $3.3M+21.4% | $2.7M |
| Gross Profit | $2.1M+18.7% | $1.7M+4.7% | $1.7M-31.3% | $2.4M+7.0% | $2.2M+10.8% | $2.0M+196.4% | $685K-50.1% | $1.4M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $2.5M+28.0% | $2.0M+13.7% | $1.7M-8.0% | $1.9M+48.1% | $1.3M-13.2% | $1.5M-7.1% | $1.6M-0.7% | $1.6M |
| Operating Income | -$462K-96.6% | -$235K-213.3% | -$75K-114.2% | $528K-46.2% | $981K+72.1% | $570K+164.3% | -$886K-326.0% | -$208K |
| Interest Expense | $0+100.0% | -$2K+84.6% | -$13K+23.5% | -$17K-240.0% | -$5K+37.5% | -$8K-100.0% | -$4K+42.9% | -$7K |
| Income Tax | $7K-12.5% | $8K0.0% | $8K-11.1% | $9K+350.0% | $2K-33.3% | $3K+200.0% | -$3K-200.0% | $3K |
| Net Income | -$413K-777.0% | $61K+310.3% | -$29K-105.4% | $537K-45.4% | $984K+70.8% | $576K+165.4% | -$881K-516.1% | -$143K |
| EPS (Diluted) | $-0.03 | $0.00 | $0.00-100.0% | $0.04-50.0% | $0.08+60.0% | $0.05+171.4% | $-0.07-600.0% | $-0.01 |
KLNG Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $19.7M+0.2% | $19.6M+2.0% | $19.2M+2.6% | $18.7M-1.4% | $19.0M+5.1% | $18.1M+6.0% | $17.1M-2.0% | $17.4M |
| Current Assets | $9.8M+0.9% | $9.7M+3.8% | $9.4M-8.3% | $10.2M-0.7% | $10.3M+12.5% | $9.1M+16.5% | $7.8M-3.0% | $8.1M |
| Cash & Equivalents | $1.9M-11.2% | $2.2M0.0% | $2.2M-35.9% | $3.4M+134.5% | $1.5M-26.2% | $2.0M-2.6% | $2.0M+79.3% | $1.1M |
| Inventory | $187K-60.0% | $468K+69.6% | $276K-31.7% | $404K-12.2% | $460K-12.4% | $525K+22.1% | $430K+150.0% | $172K |
| Accounts Receivable | $5.4M-2.7% | $5.6M+12.2% | $4.9M+78.8% | $2.8M-49.6% | $5.5M+41.4% | $3.9M-8.2% | $4.2M-23.2% | $5.5M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $11.2M+3.0% | $10.8M+2.3% | $10.6M+4.4% | $10.1M-13.9% | $11.8M-0.8% | $11.9M+3.7% | $11.4M+4.7% | $10.9M |
| Current Liabilities | $5.2M+12.1% | $4.6M+8.4% | $4.3M-5.7% | $4.5M-23.1% | $5.9M+0.7% | $5.8M+10.5% | $5.3M+11.6% | $4.7M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $8.5M-3.2% | $8.8M+1.6% | $8.6M+0.5% | $8.6M+19.0% | $7.2M+16.4% | $6.2M+10.6% | $5.6M-13.4% | $6.5M |
| Retained Earnings | -$62.9M-0.7% | -$62.5M+0.1% | -$62.5M0.0% | -$62.5M+1.7% | -$63.5M+1.5% | -$64.5M+0.9% | -$65.1M-1.4% | -$64.2M |
KLNG Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$632K-275.6% | $360K+147.0% | -$766K-238.8% | $552K+222.9% | -$449K-46.3% | -$307K-132.8% | $936K+196.4% | -$971K |
| Capital Expenditures | $238K-4.8% | $250K-46.1% | $464K+87.1% | $248K+376.9% | $52K+420.0% | $10K | $0-100.0% | $148K |
| Free Cash Flow | -$870K-890.9% | $110K+108.9% | -$1.2M-504.6% | $304K+160.7% | -$501K-58.0% | -$317K-133.9% | $936K+183.6% | -$1.1M |
| Investing Cash Flow | -$332K+7.0% | -$357K+22.9% | -$463K-88.2% | -$246K-373.1% | -$52K-420.0% | -$10K-600.0% | $2K+101.4% | -$148K |
| Financing Cash Flow | $719K+24066.7% | -$3K | $0+100.0% | -$7K+61.1% | -$18K-106.8% | $265K+762.5% | -$40K+58.3% | -$96K |
| 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 | $0 | N/A |
KLNG Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 32.2%-1.1pp | 33.4%+1.9pp | 31.5%-9.0pp | 40.5%+1.6pp | 38.9%+3.9pp | 35.0%+17.9pp | 17.1%-16.4pp | 33.5% |
| Operating Margin | -7.3%-2.7pp | -4.5%-3.1pp | -1.4%-10.3pp | 8.9%-8.1pp | 17.0%+7.1pp | 9.8%+32.0pp | -22.1%-17.1pp | -5.1% |
| Net Margin | -6.5%-7.7pp | 1.2%+1.7pp | -0.5%-9.6pp | 9.0%-8.0pp | 17.0%+7.1pp | 10.0%+31.9pp | -22.0%-18.5pp | -3.5% |
| Return on Equity | N/A | 0.7% | N/A | 6.2%-7.4pp | 13.6%+4.3pp | 9.3% | N/A | N/A |
| Return on Assets | -2.1%-2.4pp | 0.3%+0.5pp | -0.1%-3.0pp | 2.9%-2.3pp | 5.2%+2.0pp | 3.2%+8.3pp | -5.2%-4.3pp | -0.8% |
| Current Ratio | 1.89-0.2 | 2.10-0.1 | 2.19-0.1 | 2.26+0.5 | 1.75+0.2 | 1.56+0.1 | 1.49-0.2 | 1.71 |
| Debt-to-Equity | 1.31+0.1 | 1.230.0 | 1.22+0.0 | 1.18-0.5 | 1.63-0.3 | 1.91-0.1 | 2.04+0.4 | 1.69 |
| FCF Margin | -13.7%-15.8pp | 2.1%+25.6pp | -23.4%-28.6pp | 5.1%+13.8pp | -8.7%-3.2pp | -5.5%-28.8pp | 23.4%+50.6pp | -27.3% |
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Frequently Asked Questions
What is Koil Energy Solutions's annual revenue?
Koil Energy Solutions (KLNG) reported $22.7M in total revenue for fiscal year 2024. This represents a 48.2% 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 Koil Energy Solutions's revenue growing?
Koil Energy Solutions (KLNG) revenue grew by 48.2% year-over-year, from $15.3M to $22.7M in fiscal year 2024.
Is Koil Energy Solutions profitable?
Yes, Koil Energy Solutions (KLNG) reported a net income of $2.6M in fiscal year 2024, with a net profit margin of 11.5%.
What is Koil Energy Solutions's earnings per share (EPS)?
Koil Energy Solutions (KLNG) reported diluted earnings per share of $0.21 for fiscal year 2024. This represents a 261.5% 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.
What is Koil Energy Solutions's EBITDA?
Koil Energy Solutions (KLNG) had EBITDA of $3.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Koil Energy Solutions's gross margin?
Koil Energy Solutions (KLNG) had a gross margin of 38.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Koil Energy Solutions's operating margin?
Koil Energy Solutions (KLNG) had an operating margin of 11.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Koil Energy Solutions's net profit margin?
Koil Energy Solutions (KLNG) had a net profit margin of 11.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Koil Energy Solutions's return on equity (ROE)?
Koil Energy Solutions (KLNG) has a return on equity of 30.4% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Koil Energy Solutions's free cash flow?
Koil Energy Solutions (KLNG) generated $1.4M in free cash flow during fiscal year 2024. This represents a 5103.7% 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 Koil Energy Solutions's operating cash flow?
Koil Energy Solutions (KLNG) generated $1.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Koil Energy Solutions's total assets?
Koil Energy Solutions (KLNG) had $18.7M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Koil Energy Solutions's capital expenditures?
Koil Energy Solutions (KLNG) invested $375K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Koil Energy Solutions's current ratio?
Koil Energy Solutions (KLNG) had a current ratio of 2.26 as of fiscal year 2024, which is generally considered healthy.
What is Koil Energy Solutions's debt-to-equity ratio?
Koil Energy Solutions (KLNG) had a debt-to-equity ratio of 1.18 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Koil Energy Solutions's return on assets (ROA)?
Koil Energy Solutions (KLNG) had a return on assets of 14.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Koil Energy Solutions's Altman Z-Score?
Koil Energy Solutions (KLNG) has an Altman Z-Score of -1.09, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Koil Energy Solutions's Piotroski F-Score?
Koil Energy Solutions (KLNG) has a Piotroski F-Score of 6 out of 9, indicating neutral 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 Koil Energy Solutions's earnings high quality?
Koil Energy Solutions (KLNG) has an earnings quality ratio of 0.66x, considered mixed quality. 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.
Can Koil Energy Solutions cover its interest payments?
Koil Energy Solutions (KLNG) has an interest coverage ratio of 54.4x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Koil Energy Solutions?
Koil Energy Solutions (KLNG) scores 71 out of 100 on our Financial Profile, indicating strong 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.