Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 91.29M | 69.58M | 40.91M | 25.63M | 12.28M |
Gross Profit | 44.69M | 33.96M | 17.04M | 11.32M | 5.82M |
EBITDA | 18.12M | 11.72M | 825.00K | -176.00K | -3.86M |
Net Income | 20.09M | 5.55M | -4.24M | -3.54M | -5.21M |
Balance Sheet | |||||
Total Assets | 164.20M | 76.42M | 71.36M | 65.47M | 34.82M |
Cash, Cash Equivalents and Short-Term Investments | 58.52M | 5.17M | 8.27M | 6.75M | 12.92M |
Total Debt | 19.34M | 16.20M | 16.27M | 15.26M | 5.02M |
Total Liabilities | 42.46M | 44.36M | 47.71M | 37.86M | 18.81M |
Stockholders Equity | 121.73M | 32.06M | 23.66M | 27.60M | 16.01M |
Cash Flow | |||||
Free Cash Flow | -16.06M | 870.00K | 93.00K | -16.54M | 612.26K |
Operating Cash Flow | -12.46M | 8.43M | 5.24M | -11.01M | 2.79M |
Investing Cash Flow | -5.15M | -9.81M | -3.37M | -7.24M | -3.24M |
Financing Cash Flow | 70.75M | -2.15M | -41.00K | 11.92M | 11.10M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
71 Outperform | C$1.17B | 52.36 | 23.14% | ― | 4.42% | 64.01% | |
61 Neutral | $35.97B | 6.65 | -7.26% | 1.99% | 8.60% | -7.54% | |
50 Neutral | C$29.87M | ― | -89.38% | ― | -25.38% | 0.98% | |
33 Underperform | C$9.48M | ― | -9999.00% | ― | ― | 3.92% | |
― | $19.12M | ― | -61.54% | ― | ― | ― |
Kraken Robotics Inc. has announced the release of its second quarter 2025 financial results, scheduled for August 21, 2025, followed by a webcast to discuss these results. This announcement is significant as it provides stakeholders with insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and investor relations.
The most recent analyst rating on (TSE:PNG) stock is a Buy with a C$3.50 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 Inc. has filed a base shelf prospectus with Canadian securities commissions to maintain financial flexibility, allowing the company to issue various securities over a 25-month period. This strategic move aims to enhance Kraken’s operational capabilities and market positioning, potentially impacting stakeholders by providing the company with opportunities to raise capital and expand its technological offerings.
The most recent analyst rating on (TSE:PNG) stock is a Buy with a C$3.50 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 Inc. has successfully completed a $115 million public offering, enhancing its financial position to support growth as a global prime contractor. The proceeds will be used for strategic acquisitions, particularly in the US and Europe, and to strengthen the company’s balance sheet for larger contracts, reflecting investor confidence in Kraken’s vision and strategy.
The most recent analyst rating on (TSE:PNG) stock is a Buy with a C$3.50 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 Inc. has filed a final short form prospectus for its bought deal public offering of common shares, aiming to raise gross proceeds of $100,016,000. The offering, led by Desjardins Capital Markets and other underwriters, is expected to close around July 7, 2025, and has received conditional approval from the TSX Venture Exchange. This move is poised to strengthen Kraken’s financial position and potentially enhance its market presence in the marine technology industry.
The most recent analyst rating on (TSE:PNG) stock is a Buy with a C$3.50 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 Inc. has announced a $100 million public offering of common shares, with Desjardins Capital Markets acting as the lead underwriter. The proceeds from this offering are intended to support Kraken’s transition into a scalable global prime contractor, enhance its acquisition capabilities in the US and EU, and strengthen its balance sheet for bidding on larger contracts. This move is expected to bolster Kraken’s market position and operational capabilities, with the offering subject to regulatory approval and expected to close by July 7, 2025.
The most recent analyst rating on (TSE:PNG) stock is a Buy with a C$3.50 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 Inc. has appointed Kristin Robertson, a seasoned executive with over 30 years in the defense industry, to its Board of Directors. Robertson’s extensive experience with major U.S. defense companies like Boeing and RTX Corporation is expected to significantly contribute to Kraken’s growth and innovation in subsea technology. Additionally, the company has issued stock options to employees and directors, reflecting its commitment to incentivizing talent as it progresses in its strategic goals.
The most recent analyst rating on (TSE:PNG) stock is a Buy with a C$3.50 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 reported a 23% decrease in revenue for Q1 2025, primarily due to a decline in product revenue as the Canadian Navy project nears completion. Despite this, service revenue increased by 38% driven by demand for their Sub-Bottom Imager and Acoustic Corer services. The company completed the acquisition of 3D at Depth, enhancing their service offerings. Kraken remains optimistic about future growth, citing strong market fundamentals in naval defense and plans to expand manufacturing capacity in Canada.
The most recent analyst rating on (TSE:PNG) stock is a Buy with a C$3.50 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 Inc. has announced new orders exceeding $3 million for its Synthetic Aperture Sonar (SAS) systems, which will be integrated into uncrewed underwater vehicles for clients across Asia Pacific, Europe, and North America. This development highlights the growing demand for Kraken’s technology, which enhances the capabilities of uncrewed systems by providing high-resolution imaging and bathymetric mapping. The orders include a significant contract with the University of Southern Mississippi’s Roger F. Wicker Center for Ocean Enterprise, which will use the technology for research and development. This expansion in sales underscores Kraken’s strong positioning in the subsea intelligence market and its potential impact on research and operational efficiency in oceanographic studies.
The most recent analyst rating on (TSE:PNG) stock is a Buy with a C$3.50 price target. To see the full list of analyst forecasts on Kraken Robotics Systems Inc stock, see the TSE:PNG Stock Forecast page.