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 - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 147 % +108%
Quick Ratio 17.1 % +30.2%
Debt-to-equity 176 %
Return On Equity 159 % -53.8%
Return On Assets 57.5 %
Operating Margin -26.6 % -182%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 43.5M shares +1.27%
Common Stock, Shares, Outstanding 43.5M shares +1.43%
Entity Public Float 22.2M USD -24.6%
Common Stock, Value, Issued 43.5K USD +1.47%
Weighted Average Number of Shares Outstanding, Basic 43.5M shares +1.82%
Weighted Average Number of Shares Outstanding, Diluted 43.5M shares +1.82%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 18M USD -0.47%
Cost of Revenue 15M USD +14.3%
General and Administrative Expense 197K USD +17.7%
Operating Income (Loss) -4.79M USD -180%
Nonoperating Income (Expense) 8.88M USD +99.3%
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 4.09M USD -950%
Earnings Per Share, Basic 0.09 USD/shares
Earnings Per Share, Diluted 0.09 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.69M USD +103%
Accounts Receivable, after Allowance for Credit Loss, Current 1.86M USD +48.4%
Inventory, Net 360K USD -47%
Other Assets, Current 164 USD +0.61%
Assets, Current 6.34M USD +90.9%
Property, Plant and Equipment, Net 16.8K USD -38.3%
Operating Lease, Right-of-Use Asset 351K USD -22.3%
Intangible Assets, Net (Excluding Goodwill) 675K USD +6.38%
Other Assets, Noncurrent 74.5K USD 0%
Assets 7.11M USD +57.6%
Liabilities, Current 3.3M USD -42.4%
Operating Lease, Liability, Noncurrent 249K USD -31.5%
Liabilities 3.55M USD -41.8%
Retained Earnings (Accumulated Deficit) -6.45M USD +38.8%
Stockholders' Equity Attributable to Parent 3.56M USD
Liabilities and Equity 7.11M USD +57.6%

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 +1.43%
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 374K USD -23.4%
Lessee, Operating Lease, Liability, to be Paid 433K USD -26.4%
Property, Plant and Equipment, Gross 462K USD 0%
Operating Lease, Liability, Current 125K USD +0.03%
Lessee, Operating Lease, Liability, to be Paid, Year Two 130K USD -16.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 39K USD +1.13%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 58.3K USD -40.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 66K USD -49.1%
Deferred Tax Assets, Operating Loss Carryforwards 1.66M USD +94.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 54K USD -18.1%
Additional Paid in Capital 9.97M USD +11.8%
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 407 USD -99.8%