Trutankless, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023
June 26, 2024 at 09:50 pm
Share
Trutankless, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 0.003549 million compared to USD 0.073009 million a year ago. Net loss was USD 2.04 million compared to USD 4.65 million a year ago.
Basic loss per share from continuing operations was USD 0.07 compared to USD 0.23 a year ago. Basic loss per share was USD 0.07 compared to USD 0.23 a year ago.
Trutankless, Inc. is a developer of home automation and efficiency systems. The Company operates through its subsidiary, Bollente, Inc. It is involved in sales, marketing, research and development of whole-house, smart electric tankless water heaters. Its trutankless water heaters are designed to provide an endless hot water supply as they are designed to heat water as it flows through the system. Its trutankless water heaters are available through wholesale plumbing distributors, including Ferguson, Hajoca, WinSupply, Morrison Supply locations, and several regional distributors. Through its app, residential and commercial users can obtain real-time status reports, adjust unit temperature settings, view water usage data, and change notification settings from anywhere in the world on their mobile device. Its Home.trutankless.com is available as a service to consumers of trutankless water heaters. Its primary markets include Florida, Texas, Arizona, and the rest of the Sunbelt region.
TRUTANKLESS, INC. 
