Filing Flows › Trutankless (TKLS) › Q4 2024
Trutankless (TKLS) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Aug 28, 2025
Trutankless (TKLS) reported revenue of $51K for the fourth quarter 2024 (Q4 2024), up 638-fold from a year earlier and -72% from the quarter before.
Trutankless, Q4 2024: revenue $51K (638× year over year), net loss $15.1M, operating cash flow −$647K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $51K | -72% | 638× |
| Operating profit | −$1.9M | — | — |
| Net earnings | −$15.1M | — | — |
| Operating cash flow | −$647K | — | — |
What changed
Revenue was $51K in Q4 2024, up 63731% year over year and down 72% from the previous quarter.
Operating costs exceeded revenue by $1.9M, an operating margin of -3679.6%. The quarter ended with a net loss of $15.1M, after a profit of $3.4M the previous quarter. Minority interests bore $9.8M of it: to shareholders the quarter was a loss of $5.3M. Net interest and other expense of $13.2M was the main reason.
Operating cash flow was −$647K. Non-cash charges added back $4K of depreciation. Working capital and other items added $14.4M. Capital expenditures of $192K exceeded it, leaving free cash flow of −$839K.
Questions
What was Trutankless' revenue in the fourth quarter 2024?
Trutankless (TKLS) reported revenue of $51K for the fourth quarter 2024 (Q4 2024), up 638-fold from a year earlier and -72% from the quarter before.
Source: Trutankless 10-K on SEC EDGAR.