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    Consumer Electronics
Trutankless, Inc.

Trutankless, Inc.

TKLS
Trutankless, Inc.US flagOther OTC
0.12
USD
- -
- -
16.95MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.13
0.12
0.16
0.22
0.4
0.39
0.22
0.02
- -
- -
- -
- -
- -
Basic EPS, GAAP
-3.05
-4.06
-1.86
-1.24
-0.92
-0.92
-0.99
-1.4
-1.38
-0.24
-0.08
- -
- -
-0.13
Free Cash Flow per Basic Share
-0.49
-1.54
-1.1
-0.53
-0.49
-0.41
-0.45
-0.2
-0.2
-0.08
-0.07
- -
- -
-0.03
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-6.16
-7.58
-7.72
-7.97
-7.64
-7.15
-6.54
-5.71
-4.8
-3.18
-2.35
- -
- -
-0.98
Tangible Book Value per Share
0.55
0.2
-0.13
-0.24
-0.46
-0.51
-0.61
-0.31
-0.31
-0.27
-0.27
- -
- -
-0.08
Basic Weighted Avg Shares
1
2
2
3
3
4
5
8
13
20
28
- -
- -
79
Sales/Revenue/Turnover
- -
- -
- -
- -
1
2
2
2
- -
- -
- -
- -
1
- -
Operating Margin (%)
- -
-2,600.05
-1,706.79
-672.6
-345.59
-188.17
-175.19
-414.78
-4,485.32
-5,698.13
-37,823.84
-2,153.93
-329.72
-2,153.93
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-3
-7
-4
-3
-3
-4
-5
-11
-17
-5
-2
-10
-5
-10
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
-3,021.17
-1,617.06
-761.86
-412.72
-229.89
-256.36
-636.08
-7,064.03
-6,552.71
-60,593.8
-4,203.05
-438.71
-4,203.05
Working Capital
1
- -
- -
-1
-1
-1
-3
-2
-4
-3
-7
-6
-11
-6
LT Debt
- -
- -
- -
- -
- -
1
- -
1
- -
2
- -
1
1
1
Total Equity
1
- -
- -
-1
-1
-2
-3
-2
-4
-6
-8
-6
-10
-6
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
Jun'24
Sep'24
Dec'24
ST Debt
4
5
7
LT Borrowings
- -
1
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
93
113
115
Market Capitalization
4
27
15

Working Capital

FRC

•

in mil. unless spec.
Jun'24
Sep'24
Dec'24
Total Current Assets
- -
3
3
Cash, Cash Equivalents & STI
- -
- -
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
6
7
9
Payables & Accruals
2
2
2
ST Debt
4
5
7
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
51.7%
36.85%
56.97%
Free Cash Flow
2.35%
9.93%
-28.97%
Net Income, GAAP
39.87%
51.45%
-53.36%
Sales/Revenue/Turnover
708.08%
1,364.97%
346.83%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
1

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.04
-0.02
-0.03
- -
-0.08
2024
-0.01
-0.01
-0.03
- -
- -
2025
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Guy Newman
Full Time Employees
4
Sector
Technology
Industry
Consumer Electronics
Address
15720 North Greenway Hayden Loop Scottsdale AZ United States of America 85254
IPO Date
Mar 26, 2009
CIK
0001429393
Website
trutankless.com
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Business
Trutankless, Inc. (TKLS) develops, manufactures, markets and sells smart electric tankless water heaters for whole-house residential and commercial applications in the United States; core products include the GEN3-series launched in July 2024 featuring endless hot water on demand, Wi-Fi connectivity, proprietary iOS and Android apps for remote control, real-time status reports, temperature adjustments, up to three years of water usage data tracking, leak detection alerts and energy efficiency savings of up to 22% over traditional tank systems; complementary offerings encompass the home.trutankless.com customizable online dashboard and integration with home automation platforms. Incorporated in Nevada in 2008 and headquartered at 15900 North 78th Street, Suite 200, Scottsdale, Arizona, the company operates through its wholly owned subsidiary Bollente, Inc. and distributes primarily via wholesale plumbing channels including Winsupply. Recent developments feature the commercial rollout and shipments of the GEN3-series water heaters in 2024 with enhanced engineering for superior performance, compact wall-mounted design saving up to nine square feet of space and seamless sales platform integration; nine-month 2025 revenues increased to $748,491 from $191,285 driven by GEN3 residential sales amid ongoing research and development, though persistent liquidity challenges persist with cash at $32,622 against elevated liabilities as of September 30, 2025.

Company News

APIChat

  • prnewswire.com

    Trutankless™ Shipping GEN3: Redefining Electric Tankless Water Heating

  • prnewswire.com

    Trutankless, Inc. Begins Wholesale Shipments of Its GEN3-Series

  • prnewswire.com

    Trutankless, Inc. Improves Balance Sheet

  • prnewswire.com

    Trutankless, Inc. Announces Launch of its Next Generation Tankless Products

  • prnewswire.com

    Trutankless, Inc. Announces Plans for Spin-Off of Tankless365, Inc.

  • headlinesoftoday.com

    Trutankless, Inc. Announces Plans for Spin-Off of Tankless365, Inc.