Koil Energy Solutions Inc (OTCPK:KLNG)
$ 2.515 +0.035 (+1.41%) Market Cap: 30.68 Mil Enterprise Value: 35.93 Mil PE Ratio: 139.72 PB Ratio: 3.28 GF Score: 65/100

Q1 2026 Koil Energy Solutions Inc Earnings Call Transcript

May 15, 2026 / 02:00 PM GMT
Release Date Price: $2.09

Key Points

Positve
  • Koil Energy Solutions Inc (KLNG) achieved a record revenue of $8.2 million in Q1 2026, marking a 56% year-over-year increase.
  • The company reported a significant 69% year-over-year increase in EBITDA, reaching approximately $572,000.
  • Koil Energy Solutions Inc (KLNG) successfully expanded its operations internationally, establishing a presence in Brazil.
  • The company secured several significant contracts, including a manufacturing contract with an international offshore installation company and a deepwater project in the Gulf of America.
  • Koil Energy Solutions Inc (KLNG) delivered its three-year growth strategy ahead of schedule, with new clients contributing significantly to revenue growth.
Negative
  • Selling, general, and administrative expenses increased by $611,000 compared to the prior year, primarily due to increased headcount and one-time charges.
  • The company incurred elevated audit expenses due to new teams and a new ERP system, which required additional effort for accurate reporting.
  • Marketing costs related to the Subsea Tieback Conference were incurred, which will not recur in future quarters.
  • Koil Energy Solutions Inc (KLNG) faces challenges in balancing profitability with competitive pricing, particularly in the Brazilian market.
  • The company operates in a volatile project market and seasonally impacted service segment, which poses risks to consistent growth.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

KLNG.PK - Koil Energy Solutions Inc
Q1 2026 Koil Energy Solutions Inc Earnings Call
May 15, 2026 / 02:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning, ladies and gentlemen. Welcome to Coil Energy's first quarter 2026 conference call.

During the presentation, all participants will be in listen-only mode.

After the speaker's remarks, you will be invited to participate in a question-and-answer session.

As a reminder, this call is being recorded today, Friday, May 15, 2026.

A detailed disclaimer related to Coil Energy's forward-looking statements is included in the press release issued this morning and filed with the SEC.

It is also available on the company's website, coilenergy.com, or upon request. A reconciliation of non-GAAP financial measures used in the press release and on today's call is included in the
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