Added to YB: 2025-05-05
Pitch date: 2025-04-30
PNG.V [neutral]
Kraken Robotics Inc.
+148.57%
current return
Author Info
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Company Info
Kraken Robotics Inc., a marine technology company, engages in the design, manufacture, and sale of sonar and optical sensors, batteries, and underwater robotic equipment for unmanned underwater vehicles used in military and commercial applications in Canada, the Asia Pacific, Europe, the Middle East, Africa, North America, and internationally.
Market Cap
CAD 1.7B
Pitch Price
CAD 2.45
Price Target
N/A
Dividend
N/A
EV/EBITDA
76.61
P/E
92.26
EV/Sales
16.00
Sector
Electronic Equipment, Instruments and Components
Category
growth
Kraken Robotics ($PNG.V) FINS Review
PNG.V (earnings update): Kraken hit record $91.3M rev in 2024 (+31% YoY) with 49% margins. Q4 set new quarterly record. $2B pipeline, $60M in battery orders. 2025 guidance $120-135M revenue (+31-48%). Strong balance sheet ($58.5M cash) but OCF negative $11.6M due to receivables. 3D acquisition adds $15-20M revenue. Pricey at ~50x P/E, 35x EV/EBITDA.
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