Kraken Robotics Sees Revenue Growth in Q2 2025 Amid Strategic Acquisitions

Kraken Robotics Systems Inc ( (TSE:PNG) ) has shared an announcement.

Kraken Robotics reported a 16% increase in Q2 2025 revenue to $26.4 million, driven by growth in subsea battery and service businesses, despite a decline in sonar revenue. The acquisition of 3D at Depth contributed to a 180% increase in service revenue. Despite a net loss of $0.7 million, the company saw a 27% increase in gross profit and maintained its annual financial guidance, expecting significant growth in revenue and adjusted EBITDA. The company is optimistic about future opportunities in naval defense and maritime security, with strong demand for its subsea solutions and upcoming capacity expansions.

The most recent analyst rating on (TSE:PNG) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Kraken Robotics Systems Inc stock, see the TSE:PNG Stock Forecast page.

Spark’s Take on TSE:PNG Stock

According to Spark, TipRanks’ AI Analyst, TSE:PNG is a Outperform.

Kraken Robotics’ strong financial performance and strategic corporate events are major positives, suggesting growth potential. However, the high P/E ratio indicates potential overvaluation, and technical indicators suggest short-term caution due to overbought conditions. Addressing cash flow consistency will be key for long-term sustainability.

To see Spark’s full report on TSE:PNG stock, click here.

More about Kraken Robotics Systems Inc

Kraken Robotics Inc. operates in the subsea intelligence industry, providing advanced sonar and LiDAR technologies, subsea batteries, and services for naval defense and maritime security. The company focuses on supplying subsea sensor and power solutions to major suppliers of uncrewed underwater vehicles.

Average Trading Volume: 1,343,345

Technical Sentiment Signal: Buy

Current Market Cap: C$1.07B

For detailed information about PNG stock, go to TipRanks’ Stock Analysis page.