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An interview with CEO of KNR of

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Sam Dan Member Level  Thursday, 12/13/18 10:07:43 AM
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An interview with CEO of KNR of interest to investors
NetworkNewsAudio - announces the online availability of its interview with Kontrol Energy Corp. (CSE: KNR a client of NNW and leader in the energy efficiency sector through IOT, Cloud and SaaS technology.
The interview can be heard at http://nnw.fm/3HhCe
NNW’s Stuart Smith introduces Kontrol Energy CEO Paul Ghezzi to an interview that highlights the company’s unique business structure and strategy for growing market share.
As a smart energy technology and solutions company, Kontrol operates in four verticals: energy retrofits, distributed generation, Internet of Things (IoT) smart energy technology, and greenhouse gas emission compliance. The company works in the largest energy market in the world, which is the commercial building sector, says Ghezzi. North American buildings consume approximately USD$200 billion annually of energy. He indicates that about 30 percent of the industry is waste created by inefficiencies. Further he adds that by 2050 buildings will consume 50% of the world’s energy.
That growth is reflected in the company’s revenue run rate, which increased from $500,000 after first going public to its current rate of $16 million annually.
“We’ve been recognized as Canada’s seventh fastest growing startup,” Ghezzi says, indicating that the company aims for positive cash flow in the fourth quarter of 2018. “Revenue growth has been amazing and when investors see us turning cash flow positive, that will be the next milestone.”
Kontrol’s corporate-level goals include reaching $100 million in revenue over the next four years through organic growth potential acquisitions that are in various stages of due diligence.“We spend a lot of time thinking about our capital structure as a long-term business. So, currently, we’ve got 28 million shares outstanding basic and about 32 million fully-diluted. We’ve done that on purpose,” says Ghezzi. “We want our shareholders to know that we are going to be a mid-cap to large-cap in the future. We take great care of our structure,” he explains, indicating the company is trading at about 1.25 times forward revenue.
“That’s very low for a growth company, and I think it’s because a lot of people don’t know about us. That’s going to change as we share our story. As more people get to know about us and we continue to execute I think shareholders are going to be rewarded.”


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