Koil Energy Solutions Inc. (KLNG)

[spec machine]

What a difference 12 days makes.

Haven't been able to post much for a few days but I'll toss this tidbit out. (sorry if it is a duplicate of someone else's thoughts).

The filing was great except for one thing. There was an analyst expectation, a fixed quantity target to hit or miss. Some pegged their expectations even higher. If you throw out the expectation and read the filing as if nothing had been quantified, it is an outstanding quarter.

Considering the price tag of some individual contracts and custom items the irregularity in the revenue growth curve is to be expected. The revenues are solid and showing continued management execution on an aggressive growth plan.

I think it is a bit short-sighted to ask (as one poster did) "Why is this company still not profitable?", It looks to me like a large part of that answer is the cost of making the company grow is eating up a significant part of the SG&A.

We may have been tantalizingly close to meeting that pencil mark on the wall represented by the DR estimates. I'll give an example. DDI has stated that revenues are booked when the customer takes delivery of a product or service. The second 4000 Meter LARS was shipped April 11 after being stored at DDI since it was completed (at the customer's request). If it had been requested to be delivered 12 days earlier, IMO the DR estimates would have been met or exceeded.

I know that "IF" goes in the same category of "would'a should'a, and could'a" but I point it out as an example of variables and irregularities that can obscure some of the other important information in the financials, especially in smaller companies such as DDI.