Core Insights - KOIL Energy Solutions reported a revenue of $6.4 million for Q3 2025, reflecting a 22% growth compared to both the previous quarter and the same quarter last year [4][18] - The company has successfully entered the renewables sector, securing significant contracts, including a project for spooling subsea power cables for an offshore wind farm [2][5] - The gross margin for the quarter was 32%, down from 40% in Q3 2024, attributed to a higher mix of pass-through procurement costs [7][18] Financial Performance - Revenue for the three months ending September 30, 2025, was $6.4 million, a 22% increase year-over-year, with service revenue growing by 33% and fixed-price contracts increasing by 15% [4][18] - Gross profit totaled $2.1 million, maintaining the dollar amount from the previous year but reflecting a margin decline due to increased costs [7][18] - Adjusted EBITDA was reported at -3% of revenue, equating to a loss of $249,000, primarily due to a write-off of a receivable from a UK client [8][21] Strategic Developments - KOIL Energy has secured its first contracts in Brazil, including a maintenance survey and a rental equipment agreement, marking a significant step in its growth strategy [6][18] - The company is proactively managing project contingencies to address cost volatility and protect profit margins [9] Operational Highlights - The company recognized its service team for successfully executing a significant contract in the renewables sector, receiving positive client feedback [5] - Selling, general, and administrative expenses increased to $2.5 million, largely due to a write-off of a receivable [7][18]

Core Insights - Koil Energy Solutions, Inc. will file its Quarterly Report on Form 10-Q for Q3 2025 on November 14, 2025 [1] - An investor conference call to discuss the Q3 2025 results is scheduled for November 14, 2025, at 10:00 am Eastern Time [1][2] Company Overview - Koil Energy Solutions is a leading energy services company that provides subsea equipment and support services to the global energy and offshore industries [3]

Core Viewpoint - Koil Energy Solutions, Inc. will file its Quarterly Report on Form 10-Q for Q3 2025 on November 14, 2025, and will host an investor conference call to discuss the results on the same day at 10:00 am Eastern Time [1]. Group 1: Earnings Conference Call Details - The earnings conference call is scheduled for November 14, 2025, at 10:00 am EST [2]. - Participants can join the call via a webcast link or by dialing in using provided numbers [2]. - A replay of the conference call will be available for 7 days after the event [2]. Group 2: Company Overview - Koil Energy Solutions is a leading energy services company that provides subsea equipment and support services to the global energy and offshore industries [3].

Core Viewpoint - Koil Energy Solutions, Inc. is set to file its Quarterly Report on Form 10-Q for Q3 2025 on November 14, 2025, and will host an investor conference call to discuss the results on the same day at 10:00 am Eastern Time [1][2]. Group 1 - The earnings conference call will be accessible via a webcast link and dial-in numbers for interested parties [2]. - The company provides subsea equipment and support services to the global energy and offshore industries, positioning itself as a leading energy services provider [3]. Group 2 - The investor relations contact information is provided for further inquiries, including an email address and a phone number [4].

Core Insights - Koil Energy Solutions, Inc. reported a modest performance in the first half of 2025 but is experiencing a build-up of momentum with the announcement of three new projects and a rise in service activity and order intake [2][4]. Financial Performance - For Q2 2025, Koil Energy generated revenue of $5.2 million, a 10% decrease from the same quarter in the previous year, with an adjusted EBITDA of $163,000, resulting in a 3% margin [2][11]. - The gross margin was reported at 33%, influenced by increased headcount and lower labor utilization early in the quarter, leading to a net income of 1.2% of revenue [2][11]. - Cash on hand at the end of the quarter was $2.2 million [2]. Business Developments - The company announced three significant new projects, including a subsea tie-back project in the Gulf of America, a cable management services project for a renewable energy initiative, and a major international greenfield project involving the design and manufacture of over 20 proprietary subsea flying leads [4][7]. - The new projects are expected to drive revenue growth over the next four quarters, supported by a robust pipeline of high-probability opportunities [4]. Strategic Focus - The increase in headcount is part of the company's long-term growth strategy, aimed at balancing growth with profitability [3]. - The company is positioned to execute on its growth plan, having established the necessary capabilities to handle the increased workload [3].

Core Points - Koil Energy Solutions, Inc. will file its Quarterly Report on Form 10-Q for Q2 2025 on August 14, 2025 [1] - An investor conference call to discuss the Q2 2025 results is scheduled for August 14, 2025, at 10:00 am Eastern Time [1][2] - The company provides subsea equipment and support services to the energy and offshore industries [3] Event Details - The earnings conference call will be held on August 14, 2025, starting at 10:00 am EDT [2] - Participants can join the call via a webcast link or by dialing in using provided numbers [2] - A replay of the conference call will be available on the company's website for up to 7 days after the event [2][4]

Core Points - Koil Energy Solutions, Inc. will file its Quarterly Report on Form 10-Q for Q2 2025 on August 14, 2025 [1] - An investor conference call to discuss the Q2 2025 results is scheduled for August 14, 2025, at 10:00 am Eastern Time [1][2] - The company provides subsea equipment and support services to the energy and offshore industries [3] Event Details - The earnings conference call will be held on August 14, 2025, starting at 10:00 am EDT [2] - Participants can join the call via a webcast link or by dialing in using provided numbers [2] - A replay of the conference call will be available on the company's website under the "Investors" section [2]

Core Insights - Koil Energy Solutions, Inc. reported first quarter 2025 results that fell short of expectations after four consecutive quarters of strong performance, attributing the decline to increased base costs and volatility in fixed-price contracts [2][4] - The company generated revenue of $5.3 million, a 9% decrease from the previous year, with EBITDA of $339,000, resulting in a 6% margin [2][10] - The gross margin was 31%, impacted by increased headcount and lower labor utilization, leading to a net income close to break-even [2][10] Financial Performance - Revenue for Q1 2025 was $5.3 million compared to $5.8 million in Q1 2024, marking a 9% decline [10] - EBITDA decreased by $394,000 year-over-year, with adjusted EBITDA for Q1 2025 at $339,000 compared to $734,000 in Q1 2024 [10][13] - The company reported a net loss of $29,000 for Q1 2025, contrasting with a net income of $576,000 in the same quarter of the previous year [10][13] Operational Highlights - Two-thirds of recent growth in service contracts was linked to the installation of equipment built in the previous year, indicating the success of the company's bundling strategy [3] - Order intake and bidding activity have significantly increased, suggesting positive momentum for the remainder of 2025 [3][4] - The company plans to focus on improving financial execution, workforce utilization, and disciplined working capital management in upcoming quarters [4] Balance Sheet Overview - As of March 31, 2025, the company had working capital of $5.1 million, accounts receivable of $4.9 million, and cash on hand of $2.2 million [2][10] - Total assets increased to $19.2 million from $18.7 million at the end of 2024, while total liabilities rose slightly to $10.6 million [12]

Group 1 - Koil Energy Solutions, Inc. will file its Quarterly Report on Form 10-Q for Q1 2025 on May 20, 2025, within the extended timeframe granted by the SEC due to the need to complete certain accounting procedures following the delayed filing of its Annual Report on Form 10-K for the year ended December 31, 2024 [1] - An investor conference call to review the Q1 2025 results is scheduled for May 20, 2025, at 10:00 am Eastern Time, with access available via a webcast link and dial-in numbers [2] - The earnings release and a replay of the conference call will be accessible on the company's website under the "Investors" section [3] Group 2 - Koil Energy Solutions is a leading energy services company that provides subsea equipment and support services to the global energy and offshore industries [4]

Core Viewpoint - Koil Energy Solutions, Inc. has appointed Mr. Mads Andersen as an independent, non-executive director to its Board of Directors, effective immediately, which is expected to enhance the company's growth strategy and international ambitions [1][3]. Company Overview - Koil Energy Solutions is a leading energy services company that provides subsea equipment and support services to the global energy and offshore industries [3]. New Board Member Profile - Mr. Mads Andersen is the CEO of Aibel ASA, a Norway-based energy services company with 5,000 employees and an annual revenue of US$ 1.5 billion [2]. - He has over 30 years of experience in the international oil and gas and energy services industry, with previous roles including Divisional President at OneSubsea (SLB) and Executive Vice President at Aker Solutions [2]. - Mr. Andersen holds a master's degree in mechanical engineering from the University of Glasgow, Scotland [2]. Strategic Implications - The addition of Mr. Andersen to the Board is anticipated to provide valuable insights into international business development, growth strategy, and mergers and acquisitions (M&A) for Koil Energy [3].