bullish

KNR: Trading at Cash with Proven Private Market Value

152 Views27 Aug 2024 22:00
Issuer-paid
SUMMARY
  • Kontrol Technologies recently completed the sale of two subsidiaries for over $24M, allowing it to pay off all of its debt and reach a net cash position of $11.5M.
  • KNR plans to reinvest the proceeds into organic growth, tuck-in acquisitions and stock buybacks.
  • KNR operates in two secular growth markets, smart building technology and HVAC services, providing a backing for future organic growth.
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