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Nauticus Robotics (KITT)
NASDAQ:KITT
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Nauticus Robotics
(NASDAQ:KITT)
Rating:45Neutral
Price Target:
$1.00
▼(-0.99%Downside)
Nauticus Robotics (KITT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$37.43M
Dividend YieldN/A
Average Volume (3M)1.59M
Price to Earnings (P/E)―
Beta (1Y)1.37
Revenue Growth-64.51%
EPS Growth7.09%
CountryUS
Employees47
SectorIndustrials
Sector Strength93
IndustryAerospace & Defense
Share Statistics
EPS (TTM)-0.28
Shares Outstanding37,060,090
10 Day Avg. Volume2,528,367
30 Day Avg. Volume1,588,051
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)17.69
Price to Sales (P/S)0.00
P/FCF Ratio-1.49
Enterprise Value/Market Cap1.53
Enterprise Value/Revenue6.14
Enterprise Value/Gross Profit-8.25
Enterprise Value/Ebitda-0.15
Forecast
1Y Price Target
$1.00Price Target Upside-0.99% Downside
Rating ConsensusHold
Number of Analyst Covering0
Nauticus Robotics Business Overview & Revenue Model
Company DescriptionNauticus Robotics (KITT) is a technology-driven company that specializes in the development and deployment of advanced autonomous robotic systems for oceanographic research and commercial applications. The company operates in the marine robotics sector, providing innovative solutions for subsea exploration, inspection, and maintenance. Nauticus Robotics focuses on creating environmentally-friendly and cost-effective robotic systems that enhance the efficiency and safety of underwater operations.
How the Company Makes MoneyNauticus Robotics generates revenue through the sale and lease of its autonomous robotic systems to a range of clients including those in the oil and gas, renewable energy, and maritime security industries. The company offers service contracts for the deployment and management of these systems, providing maintenance and operational support. Additionally, Nauticus may engage in partnerships and collaborations with other technology firms and research institutions, contributing to its revenue through joint ventures and shared projects. The company's earnings are bolstered by its commitment to innovation and its ability to deliver cutting-edge technological solutions that meet the evolving needs of the underwater robotics market.
Nauticus Robotics Earnings Call Summary
Earnings Call Date:May 14, 2025
(Q1-2025)
| % Change Since: -7.34%|
Next Earnings Date:Aug 08, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mixed view. While there were significant improvements in terms of reduced net losses and cash position, the company faced challenges with declining revenue and ongoing losses. The successful acquisition of SeaTrepid and expansion into new commercial opportunities provide a positive outlook for the future.Q1-2025 Updates
Positive Updates
Successful Acquisition of SeaTrepid
The acquisition of SeaTrepid in March has marked a new chapter for Nauticus Robotics, expanding operational scale and commercial opportunities. Revenue from this acquisition started being recognized in Q1 2025.
Significant Reduction in Net Loss
Net loss for Q1 2025 was $7.6 million, showing a $76.9 million decrease sequentially and a $65.3 million decrease from Q1 2024 due to the loss on extinguishment of debt recognized in 2024.
Cash Position Improvement
Cash at the end of Q1 2025 was $10.1 million, up from $1.2 million at the end of 2024, primarily due to funding received through the aftermarket offering.
Expansion of Offshore Commercial Work
The integration of SeaTrepid and Nauticus has expanded the commercial forecast, with multiple scheduled inspection jobs and negotiations with new customers.
Negative Updates
Revenue Decline
Revenue for Q1 2025 was $0.2 million, down $0.3 million sequentially and from the same quarter last year.
Ongoing Net Losses
Despite improvements, Nauticus Robotics reported an adjusted net loss of $6.8 million for Q1 2025.
Seasonality and Timing Challenges
Q1 results reflected the seasonal nature of offshore work and the timing of the acquisition, affecting revenue generation.
Company Guidance
In the Nauticus Robotics 2025 Q1 Earnings Conference Call, the company provided several financial metrics and guidance for the year. For the first quarter of 2025, revenue was reported at $0.2 million, a decrease of $0.3 million both sequentially and compared to the same quarter last year. Operating expenses stood at $6 million, consistent with Q1 2024 but down $0.5 million sequentially. General and administrative costs were $4.3 million, reflecting a $0.9 million improvement compared to Q1 2024; however, they increased by $0.4 million sequentially due to nonrecurring professional fees. The net loss for the quarter was $7.6 million, which marked a significant reduction of $76.9 million sequentially and $65.3 million year-over-year, primarily due to a previous loss on the extinguishment of debt. The adjusted net loss was $6.8 million, slightly improved from Q4 2024. Cash reserves at the end of Q1 2025 were $10.1 million, a notable increase from $1.2 million at the end of 2024. Looking ahead, Nauticus is optimistic about a full quarter of operational revenue in Q2 2025, driven by the integration of SeaTrepid and the potential for growth in offshore contracts and autonomous technology demand.Nauticus Robotics Financial Statement Overview
Summary
Nauticus Robotics faces severe financial challenges with declining revenues, negative equity, and poor cash flow management. These financial instabilities pose substantial risks to the company's sustainability.Income Statement
Nauticus Robotics has consistently shown declining revenues, with a significant drop in gross profit and high net losses. The company has negative gross and net profit margins, indicating inefficiencies and unsustainable operations.20
Very Negative
Balance Sheet
The company's balance sheet highlights a critical negative equity position, increasing liabilities, and high debt load relative to assets. This financial instability poses substantial risks to solvency and future operations.15
Very Negative
Cash Flow
Nauticus Robotics exhibits negative free cash flow and operational cash flow, demonstrating poor cash management and inability to generate cash from operations. The reliance on external financing is unsustainable in the long term.25
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.51M | 1.81M | 6.61M | 11.43M | 8.59M | 3.99M |
| Gross Profit | -6.94M | -7.92M | -5.32M | -428.90K | 1.74M | -65.55K |
| EBITDA | -138.96M | -127.72M | -44.87M | -24.03M | -4.55M | -8.34M |
| Net Income | -142.89M | -134.91M | -50.69M | -9.91B | -17.45M | -8.87M |
Balance Sheet | ||||||
| Total Assets | 48.48M | 22.69M | 26.15M | 52.60M | 25.17M | 5.33M |
| Cash, Cash Equivalents and Short-Term Investments | 10.05M | 1.19M | 753.40K | 22.75M | 20.95M | 3.30M |
| Total Debt | 31.02M | 30.14M | 32.42M | 16.42M | 28.78M | 4.64M |
| Total Liabilities | 46.96M | 43.08M | 67.94M | 52.58M | 31.78M | 6.76M |
| Stockholders Equity | 1.52M | -20.40M | -41.79M | 27.82K | -6.61M | -1.43M |
Cash Flow | ||||||
| Free Cash Flow | -24.42M | -24.70M | -33.32M | -51.52M | -6.85M | -4.50M |
| Operating Cash Flow | -24.19M | -24.20M | -21.69M | -37.27M | -5.92M | -4.50M |
| Investing Cash Flow | -3.81M | 180.28K | -6.59M | -19.21M | -922.49K | 996.48K |
| Financing Cash Flow | 31.91M | 24.50M | 11.25M | 53.32M | 24.50M | 2.54M |
Nauticus Robotics Technical Analysis
Negative
1.01
Price Trends
0.98
Positive
1.01
Positive
1.25
Negative
Market Momentum
0.02
Positive
49.84
Neutral
31.20
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KITT, the sentiment is Negative. The current price of 1.01 is above the 20-day moving average (MA) of 1.01, above the 50-day MA of 0.98, and below the 200-day MA of 1.25, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 49.84 is Neutral, neither overbought nor oversold. The STOCH value of 31.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KITT.
Nauticus Robotics Peers Comparison
Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $2.08B | ― | -22.54% | ― | 9.52% | 24.27% | |
59 Neutral | AU$1.65B | 10.17 | 11.24% | 3.41% | 6.92% | 3.55% | |
49 Neutral | $6.97B | ― | -73.89% | ― | ― | 17.43% | |
47 Neutral | $37.34M | ― | -109.05% | ― | -18.70% | 84.35% | |
45 Neutral | $37.43M | ― | 153.01% | ― | -64.51% | 7.09% | |
40 Underperform | $10.84M | ― | 688.16% | ― | -46.28% | 93.33% | |
25 Underperform | $607.14M | ― | 115.25% | ― | ― | 23.26% |
* Industrials Sector Average
Performance Comparison
KITT
Nauticus Robotics
1.01
-2.78
-73.35%
MNTS
Momentus
1.20
-7.10
-85.54%
EVTL
Vertical Aerospace
6.96
-2.30
-24.84%
ACHR
Archer Aviation
11.21
6.75
151.35%
PL
Planet Labs PBC
6.65
4.21
172.54%
SIDU
Sidus Space, Inc. Class A
2.02
-0.63
-23.77%
Nauticus Robotics Corporate Events
Regulatory Filings and Compliance
Nauticus Robotics Files Form 8-K with Legal Opinion
Neutral
Jul 1, 2025
Nauticus Robotics has filed a Current Report on Form 8-K, which includes an opinion from Norton Rose Fulbright US LLP regarding their previously reported at-the-market offering.
Executive/Board ChangesShareholder MeetingsStock Split
Nauticus Robotics Holds Annual Shareholder Meeting
Neutral
Jun 25, 2025
On June 25, 2025, Nauticus Robotics, Inc. held its annual meeting of shareholders, where several key decisions were made. Shareholders elected William H. Flores as a Class III Director, ratified Whitley Penn LLP as the independent accounting firm for 2025, approved an amendment to the 2022 Omnibus Incentive Plan to increase available shares, authorized a reverse stock split, and approved the possibility of adjourning the meeting for further proxy solicitation if needed.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.