PHOENIX, Aug. 17, 2018 /PRNewswire/ — Trutankless, Inc. (TKLS) released its earnings report for Q2 2018, announcing a 200% year-over-year increase in sales for the first six months of 2018. In the first half of 2018, the Company’s sales were $779,385, vs. $258,139 in the first half of 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.
“In the last year, we have really seen our sales take off, and part of that is we believe the company is reaching a critical mass of customers who are sharing with others how great our product is,” said Michael Stebbins, president of trutankless. “Many of our new customers are homebuilders who have seen the performance and value proposition of our product from other leading homebuilders.”
The trutankless water heater line was launched in 2014, garnering numerous awards including “Best Home Technology Product” at that year’s International Builders Show as well as the Governor’s Award of Merit for Energy and Technology Innovation at Arizona Forward’s Environmental Excellence Awards. Trutankless has earned four consecutive “Best of Houzz” nods for client satisfaction and was featured as a water saving device in Consumer Reports’ Top 5 Remodeling Trends for 2016 write-up. To learn more about the company’s products or to find a dealer near you, visit trutankless.com.