Trutankless FY25 net loss narrows to $4.75 million; revenue more than quadruples to $1.08 million

TRUTANKLESS INC

TRUTANKLESS INC

TKLS

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  • Trutankless posted a net loss of USD 4.75 million for the year ended Dec. 31, 2025, narrowing from USD 10.19 million a year earlier.
  • Revenue more than doubled to USD 1.08 million from USD 242,350, with cost of goods sold at USD 1.04 million.
  • Operating expenses fell to USD 3.61 million from USD 5.18 million, driven by lower consulting fees on reduced stock-based consulting charges.
  • Cash dropped to USD 21,619 at year-end from USD 1 million, with net cash used in operating activities of USD 1.48 million.
  • Management flagged substantial doubt about going concern and said it plans to raise additional capital while investing in sales and marketing over the next 12 months.


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