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Sophic Insights
KNR: Smarter Buildings through IoT, Cloud and SaaS Technology
Combined, energy waste and GHG emissions represent an annual addressable market in North America of US $100 billion. Globally these problems scale the addressable market to about US $700 billion. Most buildings lack real-time intelligence to monitor and control energy consumption and GHGs.
Growth is on track at Nanotech
Growth is on track at the Company. As of March 31, 2020 Nanotech had $9.2 million of cash and short-term investments and no debt. Management reiterated annual revenue growth in the 10% to 20% range. Currently the company is trading at 0.4x price/book value, assuming no value for the patent portfolio.
Kontrol Energy (KNR:CSE) – Intro to Sophic Capital’s Newest Client
Kontrol Energy makes buildings smarter in real-time. Smarter buildings are more profitable, valuable, and sustainable. Led by a management team with 60 years of experience, a previous exit, and about 45% insider ownership, we believe this is a company that will appeal to investors interested in SaaS, Cloud, IOT and ESG.
Legendary Insights from Legend Power System’s Q2 2020 Conference Call
Last week, Legend Power Systems (LPS:TSXV), a global leader in onsite energy management technology for buildings, reported an improving outlook as economies emerge from the coronavirus pandemic. On the call, which we recommend you listen to, management outlined several nuggets that make the 60 minute call well worth your time. For those of you that are more inclined to read the highlights we have put some of the key points below that illustrate the business is at a turning point.