Greenkraft Inc (PK:GKIT)

Sector:  Consumer Cyclicals Industry:  Auto & Truck Manufacturers
See Regulatory Filings on SEC
Company Contact
Address: 2530 S Birch St
SANTA ANA CA 92707-3444
Tel: N/A
IR: See website
Key People
George Gemayel
Chairman of the Board, President, Secretary
Sosi Bardakjian
Chief Financial Officer, Director
Business Overview
Greenkraft, Inc. is a manufacturer and distributor of automotive products. The Company manufactures commercial forward trucks for vehicle classes three, four, five, six and seven (gross vehicle weight ranging from 10,001 pounds to 33,000 pounds) in alternative fuels. It also manufactures and sells alternative fuel systems to convert petroleum-based fuels to natural gas and propane fuels. It offers over two main products and services: commercial forward cabin trucks that run on alternative fuels, such as compressed natural gas (CNG) or liquefied propane gas (LPG), and conversion of existing vehicles to run on alternative fuels. It also offers commercial trucks with natural gas fuel system for over six liters Greenkraft/General Motor (GM) engines for over 14,000 pounds and above gross vehicle weight rating (GVWR) trucks and custom chassis manufacturers. It provides a range of Class three to seven cab-forward trucks based on chassis from JAC, China's Anhui Jianghuai Automobile Company.
Financial Overview
For the nine months ended 30 September 2019, Greenkraft Inc revenues increased from $334K to $913K. Net income totaled $140K vs. loss of $321K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Selling, general and administrative decrease of 67% to $136K (expense).
Employees: 18 as of Dec 31, 2014
Reporting Currency: U.S. Dollars
Enterprise value: $5.00M as of Sep 30, 2019
Annual revenue (TTM): $1.01M as of Sep 30, 2019
EBITDA (TTM): -$0.02M as of Sep 30, 2019
Net annual income (TTM): -$0.23M as of Sep 30, 2019
Free cash flow (TTM): $0.00M as of Sep 30, 2019
Net Debt Last Fiscal Year: $3.07M as of Sep 30, 2019
Shares outstanding: 103,102,718 as of Jan 13, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization