KonaTel, Inc. engages in the distribution and sale of traditional post-paid cellular services. It operates through the following segments: Wholesale Unit, Retail Unit, and Virtual Eligible Telecommunications Carrier (ETC). The The Wholesale Unit segment purchases bulk rate services at discounted rates and provides services to retail providers. The Retail and Virtual ETC segments offer services to the end user through the use of agents, and direct selling to the customer. The company was founded on May 24, 1984 and is headquartered in Dallas, TX.
Company profile
Ticker
KTEL
Exchange
Website
CEO
David Sean McEwen
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
DALA PETROLEUM CORP., WESTCOTT PRODUCTS CORP
SEC CIK
KTEL stock data
Latest filings (excl ownership)
8-K
KonaTel Reports Fiscal Year 2023 Results
1 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
8-K
Entry into a Material Definitive Agreement
30 Jan 24
8-K
Entry into a Material Definitive Agreement
22 Dec 23
8-K
KonaTel Announces Closing of a $5 Million Secured Credit Facility
21 Dec 23
S-8
Registration of securities for employees
8 Dec 23
8-K
KonaTel Reports Third Quarter 2023 Results
20 Nov 23
10-Q
2023 Q3
Quarterly report
20 Nov 23
NT 10-Q
Notice of late quarterly filing
14 Nov 23
8-K
Regulation FD Disclosure
20 Sep 23
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.32 mm | 1.32 mm | 1.32 mm | 1.32 mm | 1.32 mm | 1.32 mm |
Cash burn (monthly) | (no burn) | 76.76 k | (no burn) | 142.31 k | (no burn) | 117.78 k |
Cash used (since last report) | n/a | 513.60 k | n/a | 952.24 k | n/a | 788.08 k |
Cash remaining | n/a | 808.52 k | n/a | 369.88 k | n/a | 534.04 k |
Runway (months of cash) | n/a | 10.5 | n/a | 2.6 | n/a | 4.5 |
Institutional ownership, Q3 2019
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | McEwen David S | Common Stock | Option exercise | Acquire M | No | No | 0.22 | 187,500 | 41.25 k | 16,437,500 |
15 Mar 24 | McEwen David S | Option Common Stock | Option exercise | Dispose M | No | No | 0.22 | 187,500 | 41.25 k | 562,500 |
13 Dec 23 | McEwen David S | Common Stock | Option exercise | Acquire M | No | No | 0.22 | 187,500 | 41.25 k | 16,250,000 |
13 Dec 23 | McEwen David S | Option Common Stock | Option exercise | Acquire M | No | No | 0.22 | 187,500 | 41.25 k | 750,000 |
29 Nov 23 | Charles David Griffin | Option Common Stock | Grant | Acquire A | No | No | 0.935 | 183,334 | 171.42 k | 1,650,000 |
29 Nov 23 | Charles David Griffin | Option Common Stock | Grant | Acquire A | No | No | 0.935 | 183,333 | 171.42 k | 1,466,666 |
29 Nov 23 | Charles David Griffin | Option Common Stock | Grant | Acquire A | No | No | 0.935 | 183,333 | 171.42 k | 1,283,333 |
29 Nov 23 | Robert Matthew Beaty | Option Common Stock | Grant | Acquire A | No | No | 0.935 | 216,667 | 202.58 k | 1,175,000 |
29 Nov 23 | Robert Matthew Beaty | Option Common Stock | Grant | Acquire A | No | No | 0.935 | 216,667 | 202.58 k | 958,333 |
29 Nov 23 | Robert Matthew Beaty | Option Common Stock | Grant | Acquire A | No | No | 0.935 | 216,666 | 202.58 k | 741,666 |