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KIQSF on OTC

KELSO TECHNOLOGIES INC

KELSO TECHNOLOGIES INC is a Canadian railroad equipment company based in Vancouver, listed on OTC (KIQSF).2

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Last updated Oct 21, 2026.

Overview

$10.8MRevenue, fiscal 20253
$447.4KNet income, fiscal 20253

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  • TickerKIQSF on OTC2
  • IndustryRailroad Equipment2
  • HeadquartersVancouver, Canada2
  • Incorporated inBritish Columbia, Canada4
  • Business address13966 18B Avenue, Surrey, V4A 8J14
  • Filer categoryNon-accelerated filer, Emerging growth company4
  • Legal formCompany (includes community contribution company and unlimited liability company)2
  • LEI529900GQ0RT063CIQG172
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered address13966 18B Avenue Surrey, V4A 8J1 Vancouver, Canada2

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The Company was incorporated as "Kelso Resources Ltd." pursuant to the Company Act (British Columbia) on March 16, 1987. On July 21, 1994, the Company changed the Company's corporate name to "Kelso Technologies Inc.". The Company is currently organized pursuant to the Business Corporations Act (British Columbia) (" BCBCA ") which replaced the Company Act (British Columbia) in 2004.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

41.1%Gross margin3
4.1%Operating margin3
4.1%Net margin3
1.0%Revenue growth, 20253
9.6%Return on equity3
$109.3KFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue59¢$6.4M
  • Research and development3¢$277.6K
  • Other costs34¢$3.6M
  • Income tax1¢$66.6K
  • Profit4¢$447.4K

Out of $10.8M in revenue.3

Where each dollar of operating cash went, fiscal 2025

  • Kept or used elsewhere100¢$109.3K

Out of $109.3K of cash from operations.3

Financial statements

Revenue6789103$10.8M in 2025−15% since 2018
0$10.0M$20.0M$30.0M2018: $12.7M$12.7M20182019: $20.6M$20.6M2019+62%2020: $11.1M$11.1M2020−46%2021: $7.4M$7.4M2021−33%2022: $10.9M$10.9M2022+47%2023: $10.8M$10.8M2023−1%2024: $10.7M$10.7M2024−1%2025: $10.8M$10.8M2025+1%
Gross profit6789103$4.4M in 2025−16% since 2018
0$2.5M$5.0M$7.5M$10.0M2018: $5.3M$5.3M20182019: $9.6M$9.6M2019+81%2020: $4.8M$4.8M2020−50%2021: $3.2M$3.2M2021−33%2022: $4.9M$4.9M2022+54%2023: $4.6M$4.6M2023−7%2024: $4.7M$4.7M2024+2%2025: $4.4M$4.4M2025−6%
Operating income6789103$443.7K in 2025+34% since 2018
-$4.0M-$2.0M0$2.0M$4.0M2018: $331.8K$331.8K20182019: $3.5M$3.5M2019+954%2020: -$975.8K-$975.8K20202021: -$3.1M-$3.1M2021+213%2022: $292.3K$292.3K20222023: $222.2K$222.2K2023−24%2024: -$833.9K-$833.9K20242025: $443.7K$443.7K2025
Net income6789103$447.4K in 2025+130% since 2018
-$6.0M-$4.0M-$2.0M0$2.0M$4.0M2018: $194.5K$194.5K20182019: $3.3M$3.3M2019+1615%2020: -$1.3M-$1.3M20202021: -$2.8M-$2.8M2021+111%2022: -$1.4M-$1.4M2022−51%2023: -$2.1M-$2.1M2023+55%2024: -$4.6M-$4.6M2024+120%2025: $447.4K$447.4K2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.3

Period ending2025-12-312024-12-312023-12-31
Revenues$10.8M$10.7M$10.8M
Cost of Goods Sold$6.4M$6.0M$6.2M
Gross Profit$4.4M$4.7M$4.6M
Gross Profit Margin0 pure0 pure0 pure
Share-based expense$14.0K$165.5K$129.5K
Management fees$791.9K$743.8K$720.5K
Consulting and filing fees$116.7K$870.4K$305.8K
Investor relations$0$42.0K$84.0K
Accounting and legal$476.1K$621.4K$181.9K
Office and administration$1.9M$2.2M$2.1M
Research$277.6K$373.5K$530.0K
Travel$133.3K$105.8K$118.0K
Marketing$364.4K$359.6K$312.7K
Foreign exchange loss (gain)-$99.8K$39.1K-$118.1K
Amortization$15.0K$16.2K$12.3K
Total Expenses$4.0M$5.5M$4.4M
Income (Loss) before the following$443.7K-$833.9K$222.2K
Gain on repurchase of RSU's$2.5K$6.0K$40.8K
Write-off of inventory$0-$588.5K-$214.2K
Gain on revaluation of derivative warrant liability$0$0$3.7K
Other Miscellaneous Income$34.4K$0
Income (Loss) before taxes$480.6K-$1.4M$52.4K
Income tax recovery (expense)$66.6K-$236.5K-$170.5K
Net Income (Loss) for the Period from continuing operations$547.2K-$1.7M-$118.1K
Net Income (Loss) for the Period from discontinued operations-$99.8K-$3.0M-$2.0M
Net Comprehensive Income (Loss) for the Period$447.4K-$4.6M-$2.1M
Basic Earnings (Loss) Per Share from continuing Operations$0.01-$0.03$0.00
Diluted Earnings (Loss) Per Share from continuing operations$0.01-$0.03$0.00
Basic Earnings (Loss) Per Share from discontinued operations$0.00-$0.05-$0.04
Diluted Earnings (Loss) Per Share from discontinued operations$0.00-$0.05-$0.04
Basic Earnings (Loss) Per Share$0.01-$0.08-$0.04
Diluted Earnings (Loss) Per Share$0.01-$0.08-$0.04
Basic (in shares)55.2M shares54.6M shares54.3M shares
Diluted (in shares)55.5M shares54.6M shares54.3M shares

Compare KELSO TECHNOLOGIES INC with another company

Corporate structure

KELSO TECHNOLOGIES INC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of KELSO TECHNOLOGIES INC

  • KELSO TECHNOLOGIES INC Vancouver, British Columbia, Canada

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What KELSO TECHNOLOGIES INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$2.0M3 Dec 31, 2025$2.2M3 Dec 31, 2024−8.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$399.4K3 Dec 31, 2025$153.1K3 Dec 31, 2024+160.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$13 Dec 31, 2025$13 Dec 31, 20240%

Inventory

ItemLatestA year beforeChange
Inventory, total$2.2M3 Dec 31, 2025$3.0M3 Dec 31, 2024−27.5%
Raw materials$46.2K3 Dec 31, 2025$588.5K3 Dec 31, 2024−92.1%

Filings

64 filings to the SEC since October 2021: 6 annual reports, 3 large holders, 55 other. The latest 20:

  1. Sep 16, 20266-K EDGAR
  2. Jul 28, 20266-K EDGAR
  3. Jun 5, 20266-K EDGAR
  4. May 7, 20266-K EDGAR
  5. Apr 28, 20266-K REPORT OF FOREIGN PRIVATE ISSUER FOR THE MONTH OF APRIL 2026 EDGAR
  6. Apr 17, 20266-K EDGAR
  7. Mar 30, 202620-F EDGAR
  8. Mar 30, 20266-K EDGAR
  9. Mar 27, 20266-K EDGAR
  10. Mar 20, 20266-K REPORT OF FOREIGN PRIVATE ISSUER FOR THE MONTH OF MARCH 2026 EDGAR
  11. Nov 6, 20256-K EDGAR
  12. Oct 15, 20256-K EDGAR
  13. Oct 8, 20256-K EDGAR
  14. Sep 29, 20256-K EDGAR
  15. Aug 22, 20256-K EDGAR
  16. Jul 31, 20256-K EDGAR
  17. Jun 6, 20256-K EDGAR
  18. May 2, 20256-K EDGAR
  19. Apr 25, 20256-K REPORT OF FOREIGN PRIVATE ISSUER FOR THE MONTH OF APRIL 2025 EDGAR
  20. Apr 23, 20256-K EDGAR

The 64 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How KELSO TECHNOLOGIES INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARKELSO TECHNOLOGIES INC1
  • CIK0001161814
  • Filer statusNon-accelerated filer an emerging growth company; not a shell company5
  • Incorporated inCanada5
  • Industry code (SIC)3743 Railroad Equipment1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address13966 18B Avenue, Surrey, V4A 8J1, British Columbia, Canada1
  • Phone250 764-36181
  • Shares outstanding55,300,085 as of Dec 31, 20253
  • On EDGAR sinceMay 22, 20021
  • Filings254 in all: 6-K (194), 20-F (13), REGDEX (9), D (8), UPLOAD (7), SC 13G/A (6), 20FR12G/A (3), CORRESP (3)1
    All 18 form types

    20-F/A (2), 144 (1), 20FR12G (1), 25 (1), 8-A12B (1), CERTNYS (1), REGDEX/A (1), S-8 (1), S-8 POS (1), SC 13G (1)

  • Latest filingsAnnual report (20-F) Mar 30, 2026

Sources

The numbers on this page point here. Each one links to the record it came from.

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