Kraken Robotics Systems Inc (PNG) AI Stock Analysis

• Market Cap: C$1.74B
• Dividend Yield: N/A
• Average Volume (3M): 1.65M
• Price to Earnings (P/E): 99.3
• Beta (1Y): 1.18
• Revenue Growth: 11.77%
• EPS Growth: 45.13%
• Country: CA
• Employees: 283
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.01
• Shares Outstanding: 306,249,850
• 10 Day Avg. Volume: 2,786,085
• 30 Day Avg. Volume: 1,653,137
• PEG Ratio: 0.14
• Price to Book (P/B): 5.14
• Price to Sales (P/S): 6.85
• P/FCF Ratio: -38.94
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$6.50
• Price Target Upside: 15.45% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: C$6.50 ▲(15.45% Upside)

Kraken Robotics Systems Inc's stock score is primarily driven by solid financial performance, despite cash flow challenges. Technical indicators suggest moderate momentum, while a high P/E ratio raises valuation concerns. The absence of dividend yield and earnings call data further impacts the overall score.

Positive Factors

Revenue Streams

Diverse revenue streams from product sales and recurring services provide stability and reduce dependency on single income sources.

Balance Sheet Health

A conservative leverage position and strong ROE indicate effective financial management and potential for sustainable growth.

Profit Margins

High gross margins reflect efficient cost management, supporting long-term profitability and competitive pricing strategies.

Negative Factors

Cash Flow Management

Negative operating cash flow can strain liquidity, impacting the company's ability to invest in growth and meet obligations.

Revenue Growth

Slower revenue growth may limit the company's ability to scale and compete effectively in a rapidly evolving market.

Profit Margin Pressure

Decreasing net profit margins suggest rising costs or pricing pressures, potentially affecting long-term profitability.

Kraken Robotics Systems Inc Business Overview & Revenue Model

Company Description

Kraken Robotics Systems Inc (PNG) is a leading provider of advanced robotic systems and underwater technology solutions, primarily serving the defense, marine, and offshore industries. The company specializes in the development of innovative robotic systems, including autonomous underwater vehicles (AUVs), sonar systems, and sensor technologies designed for a wide range of applications such as seabed mapping, military reconnaissance, and underwater inspection.

How the Company Makes Money

Kraken Robotics generates revenue through multiple streams, including the sale of its robotic systems and associated technologies, service contracts for maintenance and support, and licensing agreements for its proprietary software solutions. Key revenue streams include the direct sale of AUVs and sonar systems to government and commercial clients, as well as recurring revenue from maintenance services and software upgrades. The company also benefits from strategic partnerships with defense contractors and research institutions, which enhance its technological capabilities and expand its market reach, contributing significantly to its earnings.

Kraken Robotics Systems Inc Financial Statement Overview

Summary

Kraken Robotics Systems Inc demonstrates solid revenue growth and profitability with strong margins and a conservative balance sheet. However, cash flow management remains a concern, with negative operating cash flow indicating potential liquidity challenges.

Income Statement

Kraken Robotics Systems Inc has shown consistent revenue growth with a TTM (Trailing-Twelve-Months) revenue growth rate of 4.20%. The gross profit margin is strong at 50.95%, indicating efficient cost management. However, the net profit margin has slightly decreased to 20.95% from the previous year, suggesting some pressure on profitability. The EBIT and EBITDA margins are healthy, reflecting good operational efficiency.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.16, indicating a conservative leverage position. The return on equity is robust at 26.68%, showcasing effective use of equity to generate profits. However, the equity ratio stands at 64.60%, suggesting a balanced but slightly lower reliance on equity financing compared to total assets.

Cash Flow

Kraken Robotics Systems Inc faces challenges in cash flow management, with a negative operating cash flow and free cash flow. Despite a positive free cash flow growth rate of 24.82%, the operating cash flow to net income ratio is negative, indicating potential liquidity issues. The free cash flow to net income ratio is positive at 1.35, suggesting that free cash flow generation is relatively strong compared to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	90.18M	91.29M	69.58M	40.91M	25.63M	12.28M
Gross Profit	48.62M	44.69M	33.96M	17.04M	11.32M	5.82M
EBITDA	13.68M	18.12M	11.72M	825.00K	-176.00K	-3.86M
Net Income	14.82M	20.09M	5.55M	-4.24M	-3.54M	-5.21M
Balance Sheet
Total Assets	184.27M	164.20M	76.42M	71.36M	65.47M	34.82M
Cash, Cash Equivalents and Short-Term Investments	32.87M	58.52M	5.17M	8.27M	6.75M	12.92M
Total Debt	37.43M	19.34M	16.20M	16.27M	15.26M	5.02M
Total Liabilities	65.26M	42.46M	44.36M	47.71M	37.86M	18.81M
Stockholders Equity	119.01M	121.73M	32.06M	23.66M	27.60M	16.01M
Cash Flow
Free Cash Flow	-15.78M	-16.06M	870.00K	93.00K	-16.54M	612.26K
Operating Cash Flow	-3.79M	-12.46M	8.43M	5.24M	-11.01M	2.79M
Investing Cash Flow	-36.00M	-5.15M	-9.81M	-3.37M	-7.24M	-3.24M
Financing Cash Flow	53.65M	69.88M	-2.15M	-41.00K	11.92M	11.10M

Kraken Robotics Systems Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.63
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PNG, the sentiment is Positive. The current price of 5.63 is above the 20-day moving average (MA) of 5.51, below the 50-day MA of 5.71, and above the 200-day MA of 3.61, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 55.92 is Neutral, neither overbought nor oversold. The STOCH value of 51.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PNG.

Kraken Robotics Systems Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PNG	64 Neutral	C$1.74B	99.30	11.18%	―	11.77%	45.13%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
YNV	40 Underperform	C$19.67M	―	-155.37%	―	-21.98%	-32.07%
HEAT	33 Underperform	C$13.06M	-1.46	―	―	―	40.24%

Kraken Robotics Systems Inc Corporate Events

Kraken Robotics Expands Reach in Australia and New Zealand with BlueZone Partnership

Kraken Robotics has appointed BlueZone Group as an authorized reseller for its Synthetic Aperture Sonar (SAS) and KATFISH towed SAS platform in Australia and New Zealand. This partnership enhances Kraken’s regional support, particularly for the Royal Australian Navy, and signifies a strategic move to strengthen local partnerships for critical naval operations. The collaboration is expected to bolster Kraken’s market presence in the region and ensure the Australian Defence Force has access to advanced maritime technologies, thereby safeguarding maritime interests and critical shipping lanes.

The most recent analyst rating on (TSE:PNG) stock is a Hold with a C$6.50 price target. To see the full list of analyst forecasts on Kraken Robotics Systems Inc stock, see the TSE:PNG Stock Forecast page.

Kraken Robotics Achieves Milestone with Record SAS Deployment at REPMUS 2025

Kraken Robotics Inc. announced a significant milestone at the REPMUS 2025 exercise in Portugal, where a record number of participants utilized its synthetic aperture sonar (SAS) technology. The event saw seven international naval teams and three UUV manufacturers deploying Kraken’s SAS for various maritime security applications, including mine countermeasure operations and underwater infrastructure inspection. This marked the fourth consecutive year of Kraken’s participation in REPMUS, with the number of teams using its technology increasing from one in 2022 to ten in 2025. The exercise highlighted Kraken’s growing influence in the industry, showcasing the interoperability of its systems across different platforms and nations, and reinforcing its commitment to refining product roadmaps through real-world operational trials.

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.

Kraken Robotics Rebrands 3D at Depth to Enhance Subsea Technology Offerings

Kraken Robotics Inc. has announced the rebranding of its recently acquired company, 3D at Depth, to Kraken Robotics, effective from April 1, 2025. This strategic move allows clients to access the full suite of Kraken’s marine technology offerings, enhancing the company’s market position in subsea intelligence. The transition aims to streamline operations and expand Kraken’s reach in providing cutting-edge solutions for ocean safety and infrastructure analysis.

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.

Kraken Robotics Secures $13 Million in Sonar and Battery Orders

Kraken Robotics has announced receiving $13 million in orders for its synthetic aperture sonar (SAS) and subsea batteries from clients in the United States, Norway, and Turkey. These products will be integrated into various uncrewed underwater vehicle platforms, enhancing their capabilities with high-resolution imaging and increased endurance. The adoption of Kraken’s SAS technology is growing among defense clients due to its superior area coverage and resolution, which are crucial for efficient subsea hazard identification. This development underscores Kraken’s strengthening position in the subsea technology market and its role in international naval exercises, such as the REPMUS exercise in Portugal, where its technology has been successfully deployed.

The most recent analyst rating on (TSE:PNG) stock is a Buy with a C$4.00 price target. To see the full list of analyst forecasts on Kraken Robotics Systems Inc stock, see the TSE:PNG Stock Forecast page.

Kraken Robotics Sees Revenue Growth in Q2 2025 Amid Strategic Acquisitions

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.