Added to YB: 2025-09-04
Pitch date: 2025-08-03
KRKNF [neutral]
Kraken Robotics Inc.
+76.52%
current return
Author Info
Microcapexpert writes about smallcaps and microcaps because they are being overlooked by most investors and are the least efficient part of the market. Sign up for the newsletter.
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 3.45
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
Monthly update September 2025 - Kraken Robotics
KRKNF (earnings update): Q2 revenue +16% (service +180%, product -14% on lower sonar sales). EBITDA fell $5.4M to $4.7M on higher growth costs. Raised $115M, reconfirmed 2025 guidance. New battery facility ready late 2024 w/ $250M capacity (vs $120M total 2023 revenue). Talks w/ ~10 XL UUV companies, expects ≥1 deal by year-end to reduce Anduril dependence. Needs more battery deals + Navy contracts (US/India) to maintain 30-40% growth.
Read full article (2 min)