Kontrol Technologies (TSE:KNR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Kontrol Technologies has reported a robust second quarter, with significant balance sheet improvements and an increase in cash position, having paid off all interest-bearing bank debt and closed their secured debt facility. The company also announced a $13.3 million gain from the sale of air monitoring assets, positioning itself for future growth through organic channels and strategic acquisitions.
For further insights into TSE:KNR stock, check out TipRanks’ Stock Analysis page.
