TKOI
Telkonet, Inc.0.0141
+0.0014+11%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
4.22MP/E (TTM)
-Basic EPS (TTM)
-0.02Dividend Yield
0%Recent Filings
10-K
FY2022 results
Telkonet posted FY2022 revenue of $8.4M, up 35% y/y, driven by 41% product sales growth to $7.8M as hospitality rose 12% while government and education surged 412% and 411%. Gross margins held at 50% despite 4% tariff hit on China imports (81% of purchases). Operating loss narrowed 44% to $1.25M on steady opex; net loss widened to $1.29M sans prior PPP forgiveness. Cash burned $3.6M on ops yet ended with $3.2M cash and $1M revolver availability. Backlogs hit $3M. COVID lingers as hospitality risk.
8-K
Telkonet to deregister from SEC
Telkonet announced on March 29, 2023, its board's decision to voluntarily deregister from SEC reporting under the Exchange Act, filing Form 15 after its 2022 10-K due by March 31. This cuts compliance costs and frees management time for a small firm chasing profitability. Board eyes OTC Markets listing. Trading liquidity may dip.
8-K
Exec retention deals signed
Telkonet locked in amended employment deals February 1, 2023, for CSOO Srouji ($300K base), CTO Sobieski ($250K), and CFO Mushrush ($122K), each through May 2026 with retention bonuses up to $90K, performance incentives, and one-year severance. Deals tie execs via non-competes and no-inducement clauses. Signed services pact with top shareholder VDA for Sobieski-led CTO outsourcing at 50% labor cost reimbursement. Stability secured, yet VDA reliance adds wrinkle.
8-K
Telkonet launches LTI plan
Telkonet approved its 2023 Long-Term Cash Incentive Plan effective January 1, covering 2023-2025, tying executive bonuses to trailing 12-month EBITDA (85% threshold) and revenue targets (90% threshold), up to 60% of base salary each. CSOO Srouji, CTO Sobieski, and CFO Mushrush signed award agreements; selected employees got 3-year retention bonuses at 10% of aggregate base pay. Retention locks in key talent.
8-K
Q3 revenue jumps 39%
Telkonet reported Q3 2022 revenue up 39% to $2.02 million, with product sales surging 42% to $1.83 million amid supply chain gains; nine-month revenue climbed 33% to $6.11 million. Gross profit rose 4% quarterly but net loss widened to $0.70 million versus prior PPP gain. Europe EMS launch targets 20-40% utility savings.
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