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Annual figures as reported in 10-K / 20-F / 40-F filings.
KLNG · CIK 0001110607

KOIL ENERGY SOLUTIONS, INC.

Annual figures as reported, FY2014–FY2025. Ratios and growth rates derived on-page.

KLNG logo
Oil & Gas Field Machinery & Equipment
Company profile
OTC · KLNGHQ Houston, TXIncorporated in NVFiscal year ends Dec 31Non-accelerated filer Smaller reporting company
Revenue
$24.1M
▲ +5.8% vs FY2024
Net income
−$38K
▼ −101.5% vs FY2024
Free cash flow
−$2.2M
▼ −261.6% vs FY2024
Diluted EPS
$0.00
▼ −100.0% vs FY2024

Revenue

Annual, as reported

010M20M’14’16’18’20’22’24’25$24.1M

Net income

Losses shown in terracotta

−5M−2.5M02.5M’14’16’18’20’22’24’25−$38K

Recent quarters

momentum · last 12 quarters
Revenue — Mar ’26 quarter
$8.2M
▲ +55.7% vs Mar ’25
Net income — Mar ’26 quarter
$241K
▲ +931.0% vs Mar ’25
Revenue — trailing 12 months
$27.0M
▲ +21.5% vs Mar ’25
Diluted EPS — trailing 12 months
$0.02
▼ −87.5% vs Mar ’25

Quarterly revenue

Discrete quarters; Q4 derived from the annual figure

02.5M5M7.5MJun ’23Dec ’23Jun ’24Dec ’24Jun ’25Dec ’25Mar ’26$8.2M

Quarterly net income

Losses shown in terracotta

−500K0500KJun ’23Dec ’23Jun ’24Dec ’24Jun ’25Dec ’25Mar ’26$241K
QuarterRevenueRev. YoYGross marginNet incomeNet marginDiluted EPS
Mar ’26$8.2M55.7%—$241K2.9%$0.02
Dec ’25$7.3M22.1%—$343K4.7%$0.03
Sep ’25$6.4M21.9%—−$413K−6.5%−$0.03
Jun ’25$5.2M−10.3%—$61K1.2%$0.00
Mar ’25$5.3M−9.3%—−$29K−0.6%$0.00
Dec ’24$5.9M48.4%—$537K9.0%$0.04
Sep ’24$5.2M27.2%—$523K10.0%$0.04
Jun ’24$5.8M64.7%—$984K17.0%$0.08

Profitability & returns

quality of earnings

Margins

Share of revenue kept at each line

-25%0%25%’14’16’18’20’22’24
Gross marginOperating marginNet margin

Returns on capital

Net income vs year-end equity and assets

-50%0%’14’16’18’20’22’24
Return on equityReturn on assets

Cash flow

cash generation

Free cash flow

Operating cash flow less capital expenditure

−2M02M4M’14’16’18’20’22’24’25−$2.2M

Operating cash flow

Net cash from operations

02M4M’14’16’18’20’22’24’25−$901K

Shareholder returns

capital allocation

Capital returned

Cash paid out as dividends and share repurchases

0500K1M’14’16’18’20’22’23
Buybacks

Diluted shares outstanding

Falling count means buybacks outpace dilution

05M10M15M’14’16’18’20’22’24’2512,133

Balance sheet

financial position

Stockholders’ equity

At fiscal year end

010M20M’14’16’18’20’22’24’25$9.0M

Growth rates

compounding, annualized
Revenue CAGR
+22.8%
3y
+13.1%
5y
−0.3%
10y
Share count change (split-adjusted)
−99.9%
5y
−99.9%
10y

Key ratios

derived per fiscal year
Fiscal yearGross marginOp. marginNet marginFCF marginROEROACurrent ratio
FY202533.1%−1.5%−0.2%−9.1%−0.4%−0.2%1.93×
FY202438.5%11.2%11.5%5.9%30.5%14.0%2.26×
FY202331.6%−10.5%−10.1%−0.2%−27.7%−9.1%1.49×
FY202236.1%−23.2%−22.6%−10.0%−41.2%−17.6%2.21×
FY202133.9%−2.0%13.5%−8.3%22.6%15.8%2.84×
FY202037.9%−46.5%−46.7%−2.9%−76.7%−40.5%1.84×
FY201935.9%−14.8%−14.7%0.8%−19.3%−12.9%2.23×
FY201829.6%−32.2%−29.3%−15.0%−27.7%−23.6%3.37×
FY201743.9%−4.3%−0.6%−19.0%−0.5%−0.5%4.86×
FY201635.5%−3.4%0.6%16.8%0.7%0.6%3.33×
FY201530.4%−7.1%−7.4%7.1%−7.8%−6.5%3.40×
FY201430.0%−20.7%−20.3%−6.6%−23.2%−16.7%2.26×

Annual figures

as reported
Fiscal yearRevenueGross profitOp. incomeNet incomeDiluted EPSOp. cash flowCapexTotal assetsLiabilitiesEquityCashLT debt
FY2025$24.1M$8.0M−$369K−$38K$0.00−$901K$1.3M$19.8M$10.9M$9.0M$1.5M—
FY2024$22.7M$8.7M$2.6M$2.6M$0.21$1.7M$375K$18.7M$10.1M$8.6M$3.4M—
FY2023$15.3M$4.8M−$1.6M−$1.6M−$0.13$203K$230K$17.1M$11.4M$5.6M$2.0M—
FY2022$13.0M$4.7M−$3.0M−$2.9M−$0.24$1.2M$2.5M$16.6M$9.5M$7.1M$2.4M—
FY2021$17.2M$5.8M−$343K$2.3M$0.19−$1.1M$355K$14.7M$4.5M$10.3M$3.7M—
FY2020$13.0M$4.9M−$6.0M−$6.1M−$0.48−$206K$171K$14.9M$7.0M$7.9M$3.7M—
FY2019$18.9M$6.8M−$2.8M−$2.8M−$0.21$237K$91K$21.6M$7.2M$14.4M$3.5M—
FY2018$16.2M$4.8M−$5.2M−$4.7M−$0.35−$1.5M$882K$20.1M$3.0M$17.1M——
FY2017$19.5M$8.5M−$837K−$116K−$0.01−$762K$2.9M$24.0M$2.1M$21.8M——
FY2016$25.4M$9.0M−$852K$164K$0.01$5.6M$1.3M$28.4M$5.1M$23.3M$8.2M—
FY2015$24.8M$7.5M−$1.8M−$1.8M−$0.12$2.5M$720K$28.5M$5.0M$23.6M$4.3M—
FY2014$28.6M$8.6M−$5.9M−$5.8M−$0.38−$145K$1.8M$34.7M$9.8M$25.0M$5.3M—

Latest filings

the most recent regulatory filings
8-KCURRENT REPORT2026-06-17 ↗8-KCurrent report — material event2026-05-22 ↗8-KCURRENT REPORT2026-05-18 ↗10-QFORM 10-Q FOR MAR 20262026-05-15 ↗4PRIMARY DOCUMENT2026-04-14 ↗8-KCurrent report — material event2026-04-01 ↗10-KFORM 10-K FOR DEC 20252026-03-31 ↗SCHEDULE 13G/ASEC filing2026-01-09 ↗4PRIMARY DOCUMENT2025-12-03 ↗SCHEDULE 13D/ASEC filing2025-12-03 ↗

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