---
schema_version: "secwatch.filing_event.v1"
accession: "0001010412-22-000015"
form_type: "8-K"
ticker: "KTEL"
cik: "0000845819"
company_name: "KonaTel, Inc."
filed_at: "2022-04-18T23:59:59+00:00"
generated_at: "2026-06-26T07:01:58.877475+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# KonaTel FY2021 revenue up 37% to $12.8M; GAAP net income $623K vs $239K prior year

## Summary
- FY2021 revenue $12.8M (+37.1% YoY); gross profit $5.7M (44.6% margin) vs $3.5M (37.8%) prior year.
- GAAP net income $623K ($0.01 diluted EPS); Non-GAAP net income $2.1M ($0.05 diluted EPS), up 153%.
- Q4 2021 revenue $3.9M (+49.6% YoY); GAAP net income $195K vs loss of $24K in prior year quarter.
- Full amortization of most intangible assets as of Dec 31, 2021 eliminates ~$850K annual amortization expense going forward.
- Appointed new management: Chuck Griffin as President/COO; Jason Welch as President of IM Telecom; Todd Murcer as EVP Finance.

## SEC filing metadata
- accession: 0001010412-22-000015
- form_type: 8-K
- ticker: KTEL
- cik: 0000845819
- company_name: KonaTel, Inc.
- filed_at: 2022-04-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/845819/000101041222000015/0001010412-22-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/845819/000101041222000015/8k_konatel.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001010412-22-000015
- JSON: https://secwatch.observer/filing/0001010412-22-000015.json
- Plain text: https://secwatch.observer/filing/0001010412-22-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.