KELSO TECHNOLOGIES INC. FINANCIAL RESULTS FOR THE YEAR ENDED DECEMBER 31, 2019
Kelso Technologies Inc Ordinary Shares (KIQ)
NASDAQ:AMEX Investor Relations:
kelsotech.com/investors-fact-sheet
Company Research
Source: GlobeNewswire
VANCOUVER, British Columbia, March 17, 2020 (GLOBE NEWSWIRE) -- Kelso Technologies Inc. (“Kelso” or the “Company”) (TSX: KLS) (NYSE American: KIQ) reports that it has released its audited consolidated financial statements and Management Discussion and Analysis for the year ended December 31, 2019. The audited year end financial statements were prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). All amounts herein are expressed in United States dollars (the Company’s functional currency) unless otherwise indicated. SUMMARY OF FINANCIAL PERFORMANCE Year ended December 31 2019 2018 ChangeRevenues$20,550,682 $12,716,596 + 62%Gross profit$9,582,879 $5,287,216 + 81%Gross profit margin 46.5
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