KRTL Holding Group Inc (KRTL)
KRTL Holding Group, Inc, a beverage and food company, engages in the production and distribution of bottled natural spring water and flavored carbonated water in North America and internationally. It also distributes soy-based food products. The company holds leases on natural springs located in Canada, Florida, and New York. The company was formerly known as Queench, Inc. and changed its name to KRTL Holding Group, Inc in July 2022. KRTL Holding Group, Inc was founded in 1999 and is based in Lakewood, Colorado.
Industry: Beverages - Non-Alcoholic
KRTL Holding Group, Inc.
OTC:KRTLConsumer Defensive · Beverages - Non-Alcoholic
+36.11%$0.0490
Mkt Cap$4.43M
Float43.27M
O/S90.5M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$193K
Net Income-$2.01M
Total Assets$642K
Free Cash Flow-$300K
Debt & Equity
Debt 4%
Equity 96%
Total Debt$14K
Total Equity$326K
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in KRTL's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$642K
Liabilities$315K
Accounts Receivable$0
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$5K
Intangible Assets$60K
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Revenue | $193K | $2.67M | $32K | $165K | $0 |
| YoY Growth | -92.8% | 8172.7% | -80.5% | - | - |
| Cost of Revenue | $0 | $2.67M | $0 | $0 | $0 |
| Gross Profit | $0 | $0 | $32K | $165K | $0 |
| Gross Margin | - | - | 100.0% | 100.0% | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.41M | $206K | $87K | $785K | $250K |
| Other | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $1.41M | $206K | $87K | $785K | $250K |
| Operating Income (EBIT) | -$1.21M | $2.46M | -$57K | -$620K | -$250K |
| Operating Margin | -631.0% | 92.3% | -175.2% | -374.7% | - |
| Interest Expense | $4K | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$894K | -$1.44M | -$76K | -$64K | $0 |
| Income Before Tax (EBT) | -$2.11M | $1.01M | -$132K | -$684K | -$250K |
| Income Tax Expense | -$99K | $99K | $0 | $0 | $0 |
| Net Income | -$2.01M | $919K | -$269K | -$684K | -$250K |
| Net Income Margin | -1043.9% | 34.5% | -834.3% | -413.4% | - |
| Supplementary Data | |||||
| EPS | -0.02 | 0.01 | -0.00 | -0.01 | -0.00 |
| Diluted EPS | -0.02 | 0.00 | -0.00 | -0.01 | -0.00 |
| Weighted Average OS | 92.62M | 80.52M | 72.24M | 61.01M | 105.45M |
| EBITDA | -$1.21M | $1.02M | -$132K | -$455K | -$13K |
| EBITDA Margin | -631.0% | 38.2% | -410.6% | -275.2% | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2018 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2018-12-31 |
| Assets | |||||
| Current Assets | |||||
| Cash and Cash Equivalents | $18K | $72K | $8K | $40K | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $18K | $72K | $8K | $40K | $0 |
| Accounts Receivable | $0 | $0 | $0 | $25K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $18K | $72K | $8K | $118K | $0 |
| Long-Term Assets | |||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $5K | $5K | $5K | $5K | $0 |
| Intangible Assets | $60K | $0 | $0 | $5K | $0 |
| Long-Term Investments | $560K | $1.54M | $380K | $300K | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | -$5K | $0 |
| Total Long-Term Assets | $624K | $1.54M | $384K | $305K | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $642K | $1.61M | $393K | $423K | $0 |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $14K | $265K | $265K | $300 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $13K | $13K | $14K | $13K | $0 |
| Other Current Liabilities | $270K | $5K | $20K | $15K | $0 |
| Total Current Liabilities | $296K | $381K | $298K | $28K | $0 |
| Long-Term Liabilities | |||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $20K | $32K | $45K | $57K | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $20K | $32K | $45K | $57K | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $315K | $413K | $343K | $85K | $0 |
| Stockholders' Equity | |||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $10K | $9K | $7K | $7K | $117K |
| Retained Earnings | -$2.42M | -$401K | -$1.32M | -$1.05M | -$117K |
| Comprehensive Income & Other | $0 | $0 | $0 | $1.39M | $117K |
| Other Stockholders' Equity | $2.73M | $1.59M | $1.36M | $1.38M | $117K |
| Total Equity | $326K | $1.2M | $50K | $338K | $117K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $642K | $1.61M | $393K | $423K | $117K |
| Supplementary Data | |||||
| Total Debt | $14K | $265K | $265K | $300 | $0 |
| Net Debt | -$5K | $193K | $257K | -$40K | $0 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2022-12-31 | 2021-12-31 |
| Operating Activities | ||||
| Net Income | -$2.01M | $911K | -$684K | -$250K |
| Depreciation & Amortization | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||
| Accounts Receivable | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 |
| Other Working Capital | -$92K | $84K | $15K | $0 |
| Total Working Capital Change | -$92K | $84K | $15K | $0 |
| Other Non-Cash Items | $1.8M | -$1.08M | $656K | $250K |
| Net Cash from Operating | -$300K | -$80K | -$12K | -$250K |
| Investing Activities | ||||
| Capital Expenditures | $0 | $0 | -$4 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $4 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 |
| Financing Activities | ||||
| Debt Repaid | - | - | -$300 | - |
| Common Stock Issuance | $243K | $140K | $52K | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $253K | $140K | $52K | $0 |
| Forex Effect | -$4K | $0 | $0 | $0 |
| Net Change in Cash | -$50K | $60K | $40K | -$250K |
| Supplementary Data | ||||
| Operating Cash Flow | -$300K | -$80K | -$12K | -$250K |
| Capital Expenditure | -$4 | -$4 | -$4 | $0 |
| Free Cash Flow | -$300K | -$80K | -$12K | -$250K |
| Cash at Beginning | $68K | $8K | -$250K | $0 |
| Cash at End | $18K | $68K | $40K | -$250K |