Koil Energy Solutions, Inc.'s Quarter Two 2025 Earnings Conference Transcript
Koil Energy Solutions Reports Q2 2025 Earnings and Announces New Projects
Koil Energy Solutions, Inc. (OTCQB:KLNG) has announced its Q2 2025 earnings, revealing a revenue of $5.2 million, a 10% year-over-year decrease. Despite the dip, the company achieved a gross margin of 33%, an adjusted EBITDA margin of 3%, and net income at 1.2% of revenue.
The earnings call, held on August 14, 2025, at 10:00 AM ET, was presided over by CEO Erik Wiik, who began the call with an overview of the company's second quarter performance. The conference call participants included Ian Cassel and an unidentified company, such as Intelligent Fanatics Capital Management Llc.
The underutilization of direct labor capacity contributed to the gross margin in Q2 2025, while higher SG&A mainly impacted the Adjusted EBITDA. A detailed analysis of the financial performance was delivered by Kurt Keller, the Chief Financial Officer, during the call.
Koil Energy Solutions announced three major new projects during the call. These include a subsea tie-back in the Gulf of America, a renewable energy cable management services project, and their largest project in nearly a decade involving proprietary subsea flying leads. The company ended the quarter with $2.2 million in cash and expects demand to strengthen in the second half of 2025.
This news comes after a strong recovery shown by KLNG in 2024. The company reported full-year revenue of $23 million, a 48% increase from 2023, with a gross margin improvement to 38% and net income of $2.6 million compared to a prior loss.
A detailed disclaimer related to Koil Energy's forward-looking statements is included in the press release issued on August 14, 2025, and is available on the company's website. A reconciliation of non-GAAP financial measures used in the press release and on the conference call is also included in the press release and on the website.
The earnings call and business update reflect cautious optimism despite the revenue dip, with new project developments signaling future growth potential. As of August 22, 2025, KLNG stock traded around $1.7, with ongoing investor engagement and financial reporting.
[1] Koil Energy Solutions, Inc. (OTCQB:KLNG) Q2 2025 Earnings Conference Call Transcript, Seeking Alpha, Aug 14, 2025. [Online]. Available: https://seekingalpha.com/news/3784818-koil-energy-solutions-inc-otcqbklng-q2-2025-earnings-conference-call-transcript
[2] Koil Energy Solutions, Inc. (OTCQB:KLNG) Q2 2025 Earnings Press Release, PR Newswire, Aug 14, 2025. [Online]. Available: https://www.prnewswire.com/news-releases/koil-energy-solutions-inc-otcqbklng-reports-q2-2025-earnings-301603109.html
[3] Koil Energy Solutions, Inc. (OTCQB:KLNG) Q2 2025 Earnings Presentation, SlideShare, Aug 14, 2025. [Online]. Available: https://www.slideshare.net/KoilEnergySolutions/koil-energy-solutions-inc-otcqbklng-q2-2025-earnings-presentation
[4] Koil Energy Solutions, Inc. (OTCQB:KLNG) Q2 2025 Earnings Conference Call Transcript, Yahoo Finance, Aug 14, 2025. [Online]. Available: https://finance.yahoo.com/news/koil-energy-solutions-inc-otcqbklng-q2-2025-earnings-conference-call-transcript-140000741.html
[5] Koil Energy Solutions, Inc. (OTCQB:KLNG) Stock Price, Yahoo Finance, Aug 22, 2025. [Online]. Available: https://finance.yahoo.com/quote/KLNG/history?p=KLNG
Read also:
- Strategizing the Integration of Digital Menus as a Core Element in Business Operations
- Financial Actions of BlockDAG Following Inter and Borussia Agreements: Anticipating Future Steps
- International powers, including France, Germany, and the UK, advocate for the reinstatement of sanctions against Iran.
- Republicans advocate Trump's domestic policy plans in Iowa, though some business owners remain skeptic
