Kelso Technologies Inc.

Kelso Technologies Inc.

0.12
CAD
+0.00
(-4.00%)
-0.02EPS
9.26MMarket 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
0.31
0.54
0.41
0.17
0.13
0.27
0.44
0.24
0.14
0.2
0.2
0.2
0.2
0.16
Basic EPS, GAAP
0.06
0.09
-0.05
-0.05
-0.11
- -
0.07
-0.03
-0.05
-0.02
-0.04
-0.08
0.01
-0.01
Free Cash Flow per Basic Share
0.03
0.04
-0.11
-0.03
-0.04
0.02
0.07
-0.07
-0.04
- -
-0.01
-0.01
- -
-0.01
Dividend per Share
- -
0.01
0.03
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.2
0.37
0.3
0.25
0.16
0.17
0.25
0.23
0.22
0.2
0.16
0.08
0.08
0.07
Tangible Book Value per Share
0.2
0.36
0.29
0.25
0.14
0.16
0.24
0.22
0.21
0.19
0.15
0.08
0.08
0.07
Basic Weighted Avg Shares
42
44
46
46
47
47
47
47
53
54
54
55
55
55
Sales/Revenue/Turnover
13
24
19
8
6
13
21
11
7
11
11
11
11
9
Operating Margin (%)
13.39
26.14
-2.93
-44.71
-82.08
2.53
17.05
-8.85
-42.22
3.08
0.96
-7.44
3.19
-9.26
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
1
2
- -
- -
- -
- -
- -
Net Income, GAAP
2
4
-3
-2
-5
- -
3
-1
-3
-1
-2
-5
- -
-1
Effective Tax Rate (%)
- -
31.48
- -
- -
- -
- -
2.89
- -
- -
48.62
325.47
- -
- -
- -
Profit Margin (%)
18.71
16.9
-13.28
-30.53
-82.73
1.53
16.22
-11.73
-37.15
-12.4
-19.43
-43.28
4.15
-8.86
Working Capital
7
13
10
9
4
4
8
6
9
7
5
2
3
2
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
9
17
14
12
8
8
12
11
12
11
9
4
5
4
Return on Invested Capital (%)
- -
32.35
- -
- -
- -
- -
32.48
- -
- -
0.34
2.52
- -
- -
- -
Return on Capital (%)
- -
31.7
- -
- -
- -
- -
33.03
- -
- -
-11.65
-21.38
- -
- -
- -
Return on Common Equity (%)
38.28
31.7
-16.62
-19.43
-51.88
2.47
33.32
-11.47
-23.97
-11.87
-21.56
-71.39
10.05
-18.25

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
55
55
56
Market Capitalization
8
6
7

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3
3
3
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
1
1
1
Inventories
2
2
2
Total Current Liabilities
1
1
1
Payables & Accruals
1
1
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-6.43%
-12.12%
10.58%
Free Cash Flow
-64.73%
-115.42%
-126.98%
Net Income, GAAP
159.85%
25.07%
-109.68%
Sales/Revenue/Turnover
5.58%
2.49%
0.97%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3
3
3
3
11
2025
3
3
3
2
11
2026
2
2
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.01
-0.01
-0.05
-0.08
2025
0.01
- -
- -
- -
0.01
2026
-0.01
-0.01
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jesse V. Crews
Full Time Employees
22
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
305 – 1979 Old Okanagan Highway West Kelowna BC Canada V4T 3A4
IPO Date
Sep 6, 1988
Business
Kelso Technologies Inc. is a product development company specializing in the engineering, manufacturing, and sale of transportation service equipment primarily for the railway and roadway tank trailer markets. The company’s core products include proprietary tank car service equipment such as pressure relief valves, bottom outlet valves, vacuum relief valves, pressure car relief valves, top ball valves, angle valves, and other rail tank car components designed for safe loading, unloading, and containment of hazardous materials. Additionally, Kelso supplies truck tanker equipment, fuel loading systems, and emergency response kits for rail accident first responders. The company’s products are made in the USA and are designed with input from Class I railroads and emergency personnel to meet stringent safety and performance standards. Founded in 1999 and headquartered in West Kelowna, British Columbia, Canada, Kelso Technologies focuses on the railway equipment supply industry and roadway tank trailer segments with operations primarily in North America. The company has recently undergone significant strategic changes, including a continuing shift towards rail pressure car products, with efforts to secure full American Association of Railroads (AAR) regulatory approvals for its rail pressure car pressure relief valves, angle valves, and kits, expected by the end of 2024. This regulatory milestone is anticipated to drive new sales growth in 2025 as the company completes its rail pressure car product portfolio. Additionally, Kelso has been undertaking a company-wide strategic reorganization aimed at improving financial performance, reducing research and development costs related to specific product lines, and unlocking near-term shareholder value through a review of its heavy-duty vehicle product systems. Recent corporate developments include the retirement of longtime CEO James R. Bond effective July 2024, with former independent director Frank Busch appointed as interim CEO. In 2025, Kelso appointed CBIZ CPAs P.C. as its new auditor, replacing Smythe. The company has also established a phase-one pilot production facility in West Kelowna to support production for multiple classes of heavy-duty "host" vehicles adapted with proprietary patented technologies aimed at customers operating in extreme terrain environments. Kelso continues to maintain a focus on financial discipline amid challenging industry conditions, with slightly reduced workforce and controlled expenditures to maintain stable production capabilities. Kelso Technologies is publicly traded on the Toronto Stock Exchange under the ticker symbol KLS.TO and operates as a smaller specialized supplier within the broader industrial and transportation equipment sector, serving primarily Class I railroads and hazardous materials transportation markets across the United States and Canada. The company’s strategic focus on completing regulatory approvals and expanding its rail pressure car product offerings positions it to capitalize on expected industry growth in the coming years.

Company News

  • Kelso Technologies Inc Announces Approval of the Angle Valve - New Pressure Car Component Completes Kelso's Complete Pressure Car Kit Portfolio

  • Kelso Technologies Inc. Financial Results for the Quarter Ended June 30, 2026

  • Kelso Technologies Inc. Announces 2026 Annual General Meeting Results

  • Kelso Technologies Inc. Financial Results for the Quarter Ended March 31, 2026

  • Kelso Technologies Inc. Announces Leadership Transition and Director Appointment

  • Kelso Technologies Inc. Financial Results for the Year Ended December 31, 2025

  • Kelso Technologies Inc. Financial Results for the Three Months Ended September 30, 2025

  • Kelso Technologies Inc. Announces Director Retirement

  • Kelso & Company Completes $9.83 Billion Sale of Accession Risk Management Group to Brown & Brown, Inc.

  • Kelso Technologies Inc. Financial Results for the Three Months Ended June 30, 2025

  • Kelso Technologies Inc. Announces 2025 Annual General and Special Meeting Results

  • Kelso Technologies Inc. Financial Results for the Three Months Ended March 31, 2025

  • Kelso Technologies Inc. Retirement of Chief Operating Officer and Appointment of Director

  • Kelso Technologies Inc. 2025 Outlook and Strategic Initiatives

  • Kelso Technologies Inc. Announces Permanent CEO Appointment

  • Zeus North America Mining Corp. Announces Closing of the Plan of Arrangement with Kelso Mining Inc.

  • Courtney Kelso to join U.S. Bancorp as Head of Consumer Payments Organization

  • Kelso Technologies Inc. 2024-Q3 Financials Summary

  • Kelso Technologies Inc. Announces Retirement of Director and CEO and Appointment of Interim CEO

  • Kelso Technologies Inc. Announces 2024 Annual General and Special Meeting Results