PHOENIX, April 11, 2019 /PRNewswire/ — Trutankless, Inc. (OTCQB: TKLS) released its earnings report for the 2018 fiscal year, announcing revenue of $1,573,958, vs. $695,857 in 2017. Sales in Q4 2018 were $407,160, compared to $306,354 in Q4 2017.
The company attributes this continued growth to several factors, including strong demand for its trutankless line of smart water heaters amongst a growing number of the nation’s largest homebuilders, as well as the impact of growth in channel sales.
“2018 was truly a breakout year for the Company with our sales growth continuing at an accelerated pace. We have reached a tipping point with our channel partners because of how well received our product has been accepted by their end-customers,” said Robertson J. Orr, CEO of Trutankless, Inc. He also added, “We are confident this momentum is going to continue and we’re excited to deliver for all of our shareholders, distribution partners, and customers using our products in their homes and businesses.”
About Trutankless, Inc.:
Trutankless, Inc. (OTCQB: TKLS) is a technology-driven developer of accessible, next-generation home automation and efficiency systems. The Company’s primary products are a line of electric tankless water heaters that surpasses traditional tank water heaters in energy efficiency, output, dependability and environmental sustainability. The Company sells its products to plumbing wholesale distributors and dealers throughout the United States. Trutankless, Inc. was founded in 2008 and is headquartered in Scottsdale, Arizona.
For more information:
Please visit www.trutankless.com or call 855-TO-BUY-TRU.
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