Stocktoria
Trutankless, Inc. TKLS
OTC · stock · Household Appliances · website · IPO 2009-03-26
Trutankless, Inc. financials (annual, from 10-K)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1M | $242,350 | $3,549 | $73,009 | $246,032 | $1.7M | $1.9M | $1.5M | $695,857 | $429,582 |
| Gross profit | $42,022 | -$37,006 | $3,549 | $50,457 | $118,363 | $356,332 | $177,387 | -$165,650 | $165,264 | -$60,694 |
| R&D expense | $163,541 | $432,847 | $432,631 | $246,186 | $211,025 | $187,584 | $417,158 | $216,069 | $165,218 | — |
| SG&A expense | — | — | — | $683 | $10.6M | $6.8M | — | — | — | — |
| Operating income | -$3.6M | -$5.2M | -$1.3M | -$4.1M | -$11.0M | -$6.9M | -$3.3M | — | — | — |
| Interest expense | $899,199 | $575,660 | $763,581 | $556,827 | $5.0M | $1.7M | $1.4M | $641,619 | $467,164 | $383,641 |
| Income tax | — | — | $0 | $0 | $0 | $0 | $0 | — | — | — |
| Net income | -$4.8M | -$10.2M | -$2.2M | -$4.6M | -$17.4M | -$10.6M | -$4.9M | -$3.5M | -$2.9M | -$3.3M |
| EPS (diluted) | $-0.04 | $-0.11 | $-0.08 | — | — | — | — | — | — | — |
| Operating cash flow | -$1.5M | -$2.3M | -$2.0M | -$1.8M | -$2.4M | -$1.5M | -$2.2M | -$1.6M | -$1.5M | -$1.4M |
| Free cash flow | -$1.8M | -$2.5M | -$2.0M | -$1.8M | -$2.5M | -$1.5M | — | -$1.6M | -$1.5M | — |
| Cash & equivalents | — | — | — | $79,517 | $20,831 | $151,628 | $4,342 | $9,668 | $78,599 | $87,134 |
| Inventory | $1.6M | $350,866 | $0 | $117,980 | $119,418 | $24,654 | $106,958 | $403,322 | $157,487 | $62,836 |
| Total assets | $3.1M | $3.4M | $255,790 | $323,182 | $228,751 | $1.8M | $927,241 | $870,805 | $702,345 | $509,794 |
| Total liabilities | $13.1M | $9.7M | $7.8M | $5.9M | $4.1M | $4.2M | $4.0M | $2.8M | $2.1M | $1.1M |
| Shareholders' equity | -$10.0M | -$6.3M | -$7.5M | -$5.5M | -$3.9M | -$2.4M | -$3.0M | -$2.0M | -$1.4M | -$626,625 |
Growth · year-over-year · Revenue CAGR 10.8%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +346.8% | +6728.7% | -95.1% | -70.3% | -85.2% | -13.0% | +24.1% | +121.0% | +62.0% | +61.8% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Source: SEC EDGAR filings · CIK 0001429393 · US · as of 2025-12-31. facts plus Stocktoria's own computed scores — not investment advice.