Trutankless (TKLS) Stock Price, News & Analysis

Company Overview

TruTankless, trading on the OTC Markets under the symbol TKLS, is a North American manufacturer and distributor specializing in tankless water heating technologies. Founded in 2002 and headquartered in La Mirada, California, the company has developed a comprehensive portfolio of products designed to deliver high-efficiency hot water solutions. TruTankless products include condensing and non-condensing gas tankless water heaters, point-of-use units, recirculation pumps, and advanced control interfaces, catering to a wide range of residential and commercial applications.

The company’s water heating systems are engineered to reduce energy consumption and minimize environmental impact, earning certifications for low emissions and high performance. TruTankless offers solutions for single-family homes, multi-unit residential buildings, hospitality venues, and industrial facilities. Its product line extends to specialized markets such as marine, recreational vehicle (RV) and light commercial installations, where compact form factors and robust durability are critical.

In addition to product manufacturing, TruTankless maintains a network of regional sales and service centers across the United States and Canada, ensuring prompt technical support and streamlined installation services. The firm engages with plumbing contractors, engineering consultants, and wholesale distributors, positioning itself as a turnkey partner in energy-efficient water heating projects. Over the years, TruTankless has expanded its reach through strategic alliances and distribution agreements, serving both urban and remote markets.

TruTankless is led by a seasoned management team with decades of combined experience in water heating and energy solutions. Under the leadership of President and CEO James W. Kennedy, the company emphasizes research and development, quality assurance, and customer service. Its executive team continues to drive innovation in tankless technology, aiming to set industry benchmarks for reliability, performance, and sustainability.

Key Stats

• Today's Range: $0.05 to $0.05
• 50-Day Range: $0.05 to $0.05
• 52-Week Range: $0.03 to $0.45
• Volume: N/A
• Average Volume: N/A
• Market Capitalization: $6.80 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

TKLS Stock Analysis - Frequently Asked Questions

How have TKLS shares performed this year?

Trutankless' stock was trading at $0.1870 at the start of the year. Since then, TKLS stock has decreased by 71.9% and is now trading at $0.0525.

When did Trutankless' stock split?

Shares of Trutankless reverse split before market open on Monday, September 27th 2021.The 1-8 reverse split was announced on Monday, September 27th 2021. The number of shares owned by shareholders was adjusted after the market closes on Monday, September 27th 2021. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

How do I buy shares of Trutankless?

Shares of TKLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Trutankless own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Trutankless investors own include Meta Platforms (META), Ilika (ILIKF) and Alibaba Group (BABA).

Company Calendar

• Today: 7/13/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Computer and Technology
• Industry: ELEC PRODS - MISC
• Sub-Industry: Consumer Goods
• Current Symbol: OTCMKTS:TKLS
• CIK: 1429393
• Web: www.trutankless.com
• Phone: (480) 275-7572
• Fax: N/A
• Employees: 6
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($0.19) per share
• Price / Book: -0.28

Miscellaneous

• Outstanding Shares: 129,500,000
• Free Float: 120,121,000
• Market Cap: $6.80 million
• Optionable: Not Optionable
• Beta: 3.68