TKLSOTCHousehold AppliancesFiscal year ends December 31
Trutankless, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 19, 2026
$0.07+0.00 (0.00%)
Close on Oct 19, 2026
- Market cap
- $9.43M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
3.9%−17.6 pts over 5 years
Operating margin
-329.7%+85.1 pts over 5 years
Net margin
-438.7%+197.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +346.8% | +145.7% | -8.2% | +15.1% | |
| Gross profit | – | – | -34.8% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 732.5% | 392.0% | 58.3% | |
| Return on assets | -478.8% | -775.8% | -146.0% | |
| Current ratio | 0.49 | 0.26 | 0.15 | |
| Debt to equity | – | -0.11 | 0.00 | |
| Net debt to EBITDA | – | -0.01× | 0.01× | |
| Interest coverage | – | -4.0× | -4.0× | |
| Inventory turnover | 3.4× | 19.8× | 1.1× | |
| Capex to revenue | – | 0.0% | 27.5% | |
| Diluted shares | 3M | 8M | 132M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Trutankless generated $9.93M from operations and spent $514.91K on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$9.93M
Used
$514.91K
Capital expenditure$514.91K100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-438.7%
×Asset turnover0.33×
×Equity multiplier-0.40×
=Return on equity, FY202558.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -438.7% | 0.33× | -0.40× | 58.3% |
| FY2024 | -4203.1% | 0.13× | -0.26× | 146.7% |
| FY2023 | -60593.8% | 0.02× | -0.04× | 32.9% |
| FY2022 | -6552.7% | 0.34× | -0.05× | 101.5% |
| FY2021 | -7064.0% | 0.24× | -0.32× | 555.5% |
| FY2020 | -636.1% | 1.22× | -0.51× | 392.0% |
| FY2019 | -256.4% | 2.12× | -0.36× | 196.4% |
| FY2018 | -229.9% | 1.96× | -0.46× | 208.6% |
| FY2017 | -412.7% | 1.15× | -0.59× | 278.8% |
| FY2016 | -761.9% | 0.63× | -1.53× | 732.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$4.75M
- Cash generatingOperating cash flow above zero-$1.48M
- Return on assets improvedROA up on the prior year-3982.2% → -139.8%
- Earnings backed by cashOperating cash flow above net income-$1.48M vs -$4.75M
- Less leverageLong-term debt to assets fell2.8% → 0.0%
- Better liquidityCurrent ratio rose0.34 → 0.15
- No dilutionShare count did not rise89M → 132M
- Gross margin improvedGross margin up on the prior year-15.27% → 3.88%
- More efficientAsset turnover rose0.95 → 0.32