If you follow Telkonet Inc. (OTCQB: TKOI), you have a lot to be happy about. The results cited in today’s press release show the Company continues to move in the right direction – and – is likely very undervalued. This is not a client stock. This is us looking at the numbers, having followed the TKOI for some time. 

Be sure to read today’s press release. 

Here are highlights cited in today’s press release: 

Highlights for the Second Quarter Ended June 30, 2015

• Revenue increased 85% sequentially and 9% year-over-year to $4.8 million.
• Recurring Revenue was $1.0 million or 21% of total revenue, up 9% year-over-year due largely to a 226% increase in EcoCare support.
• Gross Profit increased by $0.7 million or 34%.
• Gross Margins expanded to 60%, compared to 49%.
• Net Income grew 139% to $0.5 million.
• Net Margins expanded to 11%, compared to 5%.
• Adjusted EBITDA increased $0.3 million or 88% to $0.7 million.
• Telkonet and Samsung announced a strategic alliance with the release of The Smart Hospitality Room.
• Released the new EcoTouch, our beautifully simple touch screen wireless thermostat at HITEC 2015.
• Trane, a world leader in air conditioning systems, services and solutions and a subsidiary of Ingersoll Rand, entered into an agreement with Telkonet to market and promote the intelligent EcoSmart platform.