Added to YB: 2025-08-27
Pitch date: 2025-08-23
PNG.V [neutral]
Kraken Robotics Inc.
+77.17%
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 3.46
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
N/A
Kraken Robotics ($PNG.V) FINS Review
PNG.V (earnings update - overvalued): 5.5x return since Dec 2023 pick, now $1B+ market cap but overvalued at 10x sales, 61 P/E. Q2 revenue +16% but comparable sales down 7.2%, opex up 85%. Maintains 2025 guidance of $120-135M revenue (31-48% growth). Raised $115M for acquisitions/NATO defense opportunities. Strong balance sheet but diluted 48% in 18 months.
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