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Trutankless, Inc.

corporate_fare Company Profile

Trutankless, Inc.

TKLS·OTC·Industrial Applications And Services·CIK 0001429393

Trutankless, Inc. develops, sells, and markets high-quality, whole-house, smart electric tankless water heaters. Incorporated in Nevada on March 7, 2008, the company is headquartered in Scottsdale, Arizona. It operates through its wholly owned subsidiaries, Bollente, Inc., incorporated on December 3, 2009, and Tankless365, Inc., incorporated on October 20, 2021. Trutankless's electric tankless water heaters are designed to be more energy-efficient than conventional products. The company is developing a second generation of Trutankless water heaters that will include Bluetooth and Zigbee capabilities. A proprietary app is also expected to launch on iOS and Android platforms to complement other home automation products. Initially, Trutankless plans to focus on the United States residential market. The company targets markets that favor electric water heaters, noting that almost half of American homes lack natural gas access. Electric tankless models offer installation flexibility, as they can be placed almost anywhere hot water is needed, such as closets, attics, or utility rooms, due to the absence of exhaust, noise, or the need for combustible fuel. This flexibility benefits builders, architects, and remodelers in floor plan design. The company continues to focus its development efforts on products for the growing electric tankless market.

Trutankless, Inc. (OTC:TKLS) is a publicly traded company in the Industrial Applications And Services sector. Wiseek monitors TKLS SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Trutankless Reports 347% Revenue Growth, But Warns of Going Concern Risk

monitoring Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$1.08M
Net Income
-$4.75M
Diluted EPS
-$0.04
Op. Cash Flow
-$1.48M
Free Cash Flow
-$1.78M
Gross Profit
$42.02K
Operating Income
-$3.57M
Cash & Equivalents
$21.62K
Debt / Equity
0.00×
Net Margin
-438.7%
Shares Outstanding
129.04M sh
Source: 10-K · filed 2026-05-22 · accession 0001477932-26-003397
$0.12
Market cap
$15.85M
Volume
270 (0.1× avg)
3-mo avg 3.2K
Price snapshot as of 2026-05-22 19:47 UTC (Market snapshot (OPEN))

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feed TKLS - Latest Insights

TKLS
May 22, 2026, 6:05 AM EDT
Source: Wiseek News
Importance Score:
8