Makes tankless water heaters for residential and light commercial use.
Jun 2026Revenue $2.04M/yrExpenses $6.65M/yr
Fell below break-even Jun 2019
Figures by year
When will Trutankless be profitable again?
Its expenses passed its revenue in Jun 2019. In the 12 months to Jun 2026, revenue was $2.04M and expenses $6.65M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $1.08M | $4.65M | −$3.57M |
| Dec 2024 | $242K | $5.46M | −$5.22M |
| Dec 2023 | $3.55K | $1.35M | −$1.34M |
| Dec 2022 | $73.0K | $4.23M | −$4.16M |
| Dec 2021 | $246K | $11.3M | −$11.0M |
| Dec 2020 | $1.66M | $8.55M | −$6.89M |
| Dec 2019 | $1.91M | $5.25M | −$3.34M |
| Dec 2018 | $1.54M | −$1.36M | $2.89M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.