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Added to YB: 2023-10-12

Pitch date: 2023-10-12

PNG.V [bullish]

Kraken Robotics Inc.

+1101.96%

current return

Author Info

Maxwell House shares investing ideas, notes, and research. 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 0.51

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

Show full summary:
Is Kraken Robotics finally emerging from underwater?

PNG.V: Kraken Robotics, undervalued at 6-7x 2023 EV/EBITDA, targets 40% CAGR to $141M rev & 25% EBITDA margin by 2025. Strong competitive edge in SAS & batteries vs larger peers. $120M+ contracts since 2022, $500M+ pipeline. Potential 3.5x upside in 2 years at 10x 2025 EBITDA.

Read full article (10 min)