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Trutankless Inc   (BOLC)
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Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 22
 Employees 9
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) -3
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Trutankless Inc
We manufacture and distribute trutankless® water heaters, a line of new, high-quality, highly efficient electric tankless water heaters. Our trutankless® water heaters are engineered to outperform and outlast both its tank and tankless predecessors in energy efficiency, output, and durability. It provides endless hot water on demand for a whole household and it also integrates with home automation systems. We have several features and design innovations which are new to the electric tankless water heater market that we believe will give our products a sustainable competitive advantage over our rivals in the market. Our trutankless® water heaters are available through wholesale plumbing distributors, including Ferguson, Hajoca, Hughes Supply, WinSupply locations, Morrison Supply, and several regional distributors. A partial listing of wholesalers may be found on our website (www.trutankless.com).

Our trutankless® water heaters are designed to provide an endless hot water supply because they are designed to heat water as it flows through the system. We believe that our products are capable of higher temperature rise than competitive units at given flow rates because of its improved design and greater efficiency. Our trutankless® water heaters can save energy and reduce operating costs compared to tank systems because unlike tanks, if there is no hot water demand, no energy is being used. In addition, we intend to improve life-cycle costs with an improved design conceived not only to increase efficiency, but also the longevity of our products versus competitive units. Generally, a typical tank water heater lasts about 11 years, whereas gas tankless systems may last longer, but requires more routine maintenance. Our product line is designed to last longer than tank water heaters without any routine maintenance required under most conditions.

We created a custom heat exchanger for our trutankless® product line that utilizes our patent pending Velix technology to heat water as it flows through the system, which means customers need not worry about running out of hot water. We believe we’ve selected the best materials available and a collection of exclusive design elements and features to maximize capacity, minimize energy use, and provide a truly maintenance free experience.

Our trutankless® water heaters were officially launched in the first quarter of 2014 and is sold throughout the wholesale plumbing distribution channel. As of the fiscal year ended December 31, 2015, we generated $265,504 in revenue.

In July of 2014, we launched MYtankless .com , a customizable online control panel for our trutankless® line of smart electric water heaters. From the dashboard, residential and commercial users can obtain real-time status reports, adjust unit temperature settings, view up to three years of water usage data, and change notification settings from anywhere in the world, using a computer or web-enabled smart device at www.mytankless.com.

Additionally, service professionals can also use the dashboard to monitor system status on every unit they install, allowing them to proactively contact their customers if a service or warranty appointment is needed.

Our primary markets, Florida, Texas, Arizona, and the rest of the Sunbelt region are centers of growth in the U.S. construction industry with green building at an all-time high, and an unprecedented appliance replacement cycle. We intend to take advantage of these powerful macro-economic trends.

MYTankless.com is available as a service to consumers of trutankless® water heaters. We have applications available for download from the Google Play and Apple iOS stores, which like the online control panels, allows monitoring and control of the tankless systems.

Bollente’s trutankless® received the Best of IBS 2014 Award for Best Home Technology Product from the National Association of Home Builders (NAHB) at this year’s International Builders Show (IBS) in Las Vegas. The IBS is produced by NAHB and is the largest annual light construction show in the world - featuring more than 1,100 exhibitors and attracting 75,000 attendees including high level decision makers from some of the largest home builders in the world as well as plumbing and HVAC professionals from top outfits in major markets.

Bollente’s trutankless® received the Governors Award of Merit for Energy and Technology Innovation for the trutankless line of electric tankless heaters at Arizona Forwards 2014 Environmental Excellence Awards




   Company Address: 15900 North 78th Street Scottsdale 85260 AZ
   Company Phone Number: 275-7572   Stock Exchange / Ticker: BOLC
   BOLC is expected to report next financial results on May 09, 2024.


Customers Net Income fell by BOLC's Customers Net Profit Margin grew to

-0.73 %

10.4 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
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WHR   -2.4%    
BRKA   -2.4%    
EME        3.82% 
EMR        0.42% 
HON   -1.19%    
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Trutankless Inc

Intriguing Losses: Trutankless Inc's Stunning -$0.03 per Share Journey from July to September 30, 2023

Trutankless Inc, a prominent player in the Appliance & Tool industry, recently released its disappointing financial results for the most recent fiscal period. The company witnessed a significant decline in revenue, which plummeted to $0.00 million. Additionally, Trutankless Inc reported a net loss per share of $-0.03, compared to $-0.05 in the same period the previous year. This represents an increased loss of $-0.02 per share and a decrease in revenue from $0.00 million.
In terms of financial performance, Trutankless Inc experienced further setbacks in the July to September 30, 2023 time-frame, reporting a net loss of $-0.732 million. This is a notable improvement from the deficit of $-0.941 million recorded during the same financial reporting period a year ago.

Trutankless Inc

Trutankless Inc's Fiscal Performance Analysis: Promising EPS, but Concerns over Revenue Decline

Trutankless Inc: Evaluating Fiscal Performance and Future Prospects
Trutankless Inc, a leading player in the water heating industry, recently released its financial results for the fiscal span ending June 30, 2023. The company exhibited improvements in its earnings per share (EPS) and decreased its loss per share compared to the previous reporting season. However, Trutankless also experienced a significant decline in revenue. These results, although mixed, indicate the company's potential for growth and highlight areas of concern.
In terms of EPS, Trutankless Inc achieved commendable progress. The company's loss per share decreased to $-0.02, marking a significant improvement from the $-0.07 per share loss reported in the comparable period just one year ago. This positive trend suggests that Trutankless is making strides towards profitability and indicates improved financial health.

Trutankless Inc

Trutankless Inc. shows positive trend with narrowing shortfall in Q1 2023 earnings season

The stock market has always been an exciting playground for investors, offering opportunities to profit and grow our wealth. Today, we bring you news about Trutankless Inc., a company that has recently reported its first-quarter earnings for 2023. While there may have been some concerns surrounding the company's performance, let's take a closer look at the bigger picture.
In the first quarter of 2023, Trutankless Inc. experienced a loss of $-0.04 per share, an improvement from the previous year when they reported a loss of $-0.07 per share. Moreover, they managed to narrow the shortfall from the preceding quarter of $-0.03 per share. This shows a positive trend, indicating that the company is making strides towards profitability and effectively managing its finances.






 

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