Koil Energy Solutions, INC 8-K filings
Current reports — the filing a company makes when something happens that shareholders need to know about before the next quarterly report.
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KOIL Energy Solutions announced the award of a significant project for subsea umbilical handling, spooling, and storage services, utilizing both new and existing carousel assets.
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Koil Energy Solutions, Inc. has entered into a new $5 million revolving credit facility with nFusion Capital Finance, LLC to support working capital and equipment expansion.
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Koil Energy Solutions announced record first quarter 2026 revenue of $8.2 million, a 56% year-over-year increase, driven by strong contract activity and operational performance.
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KOIL Energy Solutions, Inc. announced record fourth-quarter revenue of $7.3 million, a 22% year-over-year increase, despite a full-year 2025 Adjusted EBITDA decline to $970,000 from $3.537 million in 2024 due to growth investments.
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8-K: Koil Energy Solutions Appoints Baker Tilly as New Independent Auditor Following Moss Adams Merger
Koil Energy Solutions, Inc. announced the appointment of Baker Tilly US, LLP as its new independent registered public accounting firm, succeeding Moss Adams LLP due to a merger, with no reported disagreements or adverse opinions.
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Koil Energy Solutions reports a decrease in revenue and EBITDA for the first quarter of 2025, citing increased costs and volatility in fixed-price contracts.
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Koil Energy Solutions announces the appointment of Kurt Keller as CFO and Mads Andersen as an independent director, strengthening its financial and strategic expertise.
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Koil Energy Solutions announces a significant turnaround with a 48% increase in revenue and a shift to profitability for both the fourth quarter and full year 2024.
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Trevor Ashurst, Vice President of Finance and Administration at Koil Energy Solutions, has resigned, effective February 1, 2025.
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8-K: Koil Energy Solutions Reports Strong Q3 2024 Results with Significant Revenue and Profit Growth
Koil Energy Solutions announced a robust third quarter of 2024, marked by a 27% year-over-year increase in revenue and a substantial improvement in profitability.
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Koil Energy Solutions announced a strong second quarter of 2024, with a 65% year-over-year increase in revenue and a significant improvement in profitability.
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Koil Energy Solutions announced a significant 56% year-over-year revenue increase in the first quarter of 2024, alongside substantial improvements in profitability.
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Koil Energy Solutions saw a significant 18% revenue increase in 2023, driven by product-oriented contracts and service growth, but faced margin pressures impacting profitability.
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Koil Energy Solutions has announced the resignation of its CEO, Charles Njuguna, due to a family health matter, and the appointment of Erik Wiik as the new CEO, effective April 1, 2024.