Professional
Added to YB: 2024-09-12
Pitch date: 2024-09-12
PNG.V [bullish]
Kraken Robotics Inc.
+287.97%
current return
Author Info
No bio for this author
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 1.58
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)
PNG.V: Q2 rev +67% YoY, H1 +105%. Margins down but admin costs +22% on 105% rev growth. Net income before tax +50% Q2, 5.6x H1. $6.6M op cash burn H1. 3.6x TTM Sales/MC, 13.8x EV/EBITDA. AUV tech leader, 40% organic growth. FCF $11-12M 2024, $45M+ 2027. Anduril deal upside.