Smart building technologies company Kontrol Technologies Corp (OTCMKTS:KNRLF) is a company that could be tracked by investors this morning after it announced this morning that the consolidated revenue order book has gone up to $160 million. In addition to that, there is also the little matter of the fact that over the past month its stock has also performed strongly and delivered gains of 140%.
This morning the company also noted that in addition to the growth in its consolidated revenue order book, the company also noted that the company quoted more than $25 million in potential new streams of revenues across its businesses.
Paul Ghezzi, who is the Chief Executive Officer of the company, noted that Kontrol continues to experience growth as far as its revenue book is concerned. However, he was quick to add that all the quoted new revenues streams might not eventually come to pass. That being said, Ghezzi also pointed out that quoting activity is also an indication with regards to the sort of growth that is being experienced at the company. In this context, it might also be added that in the month of August, the company had generated record revenues.