KonaTel, Inc. financial data

Symbol
KTEL on OTC
Industry
Communications Services, NEC
Location
500 N. Central Expressway, Suite 202, Plano, TX
Fiscal year end
December 31
Former names
DALA PETROLEUM CORP. (to 2/1/2018), WESTCOTT PRODUCTS CORP (to 8/29/2014)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 113 % +43.8%
Quick Ratio 16.6 % +39%
Debt-to-equity 399 %
Return On Equity 399 % -78.5%
Return On Assets 80 %
Operating Margin -17.7 % -14.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 43.5M shares +1.92%
Common Stock, Shares, Outstanding 43.5M shares +1.88%
Entity Public Float 22.2M USD -24.6%
Common Stock, Value, Issued 43.5K USD +1.88%
Weighted Average Number of Shares Outstanding, Basic 43.4M shares +2.1%
Weighted Average Number of Shares Outstanding, Diluted 43.4M shares +2.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 19.6M USD +1.37%
Cost of Revenue 15.9M USD +8.99%
General and Administrative Expense 178K USD -12.3%
Operating Income (Loss) -3.47M USD -16.3%
Nonoperating Income (Expense) 8.64M USD +97.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.26M USD -2.98%
Income Tax Expense (Benefit) -149K USD
Net Income (Loss) Attributable to Parent 5.17M USD +9.24%
Earnings Per Share, Basic 0.12 USD/shares 0%
Earnings Per Share, Diluted 0.12 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.68M USD +224%
Accounts Receivable, after Allowance for Credit Loss, Current 1.84M USD +27.9%
Inventory, Net 555K USD -30%
Other Assets, Current 164 USD +0.61%
Assets, Current 7.19M USD +113%
Property, Plant and Equipment, Net 19.3K USD -36.5%
Operating Lease, Right-of-Use Asset 382K USD -21.3%
Intangible Assets, Net (Excluding Goodwill) 706K USD +11.3%
Other Assets, Noncurrent 74.5K USD
Assets 7.99M USD +73.8%
Liabilities, Current 3.27M USD -40.8%
Operating Lease, Liability, Noncurrent 274K USD -30.6%
Liabilities 3.55M USD -40.1%
Retained Earnings (Accumulated Deficit) -5.27M USD +49.5%
Stockholders' Equity Attributable to Parent 4.45M USD
Liabilities and Equity 7.99M USD +73.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.79M USD -457%
Net Cash Provided by (Used in) Financing Activities -3.66M USD -8981%
Common Stock, Shares Authorized 50M shares 0%
Common Stock, Shares, Issued 43.5M shares +1.88%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 3.11M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.6M USD +9.86%
Interest Paid, Excluding Capitalized Interest, Operating Activities 54.8K USD -53.7%
Deferred Tax Assets, Valuation Allowance 1.95M USD +65.3%
Operating Lease, Liability 406K USD -21.7%
Lessee, Operating Lease, Liability, to be Paid 471K USD
Property, Plant and Equipment, Gross 462K USD 0%
Operating Lease, Liability, Current 132K USD +7.17%
Lessee, Operating Lease, Liability, to be Paid, Year Two 130K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 77.9K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 65.2K USD -39.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 66K USD
Deferred Tax Assets, Operating Loss Carryforwards 1.66M USD +94.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 54K USD
Additional Paid in Capital 9.67M USD +6.55%
Operating Leases, Future Minimum Payments, Due in Two Years 155K USD +119%
Amortization of Intangible Assets 0 USD
Depreciation, Depletion and Amortization 2.45K USD -20.7%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 77.1K USD +88%
Operating Leases, Future Minimum Payments, Due in Three Years 130K USD +79.8%
Operating Leases, Future Minimum Payments Due 626K USD +146%
Interest Expense 763K USD +42.2%