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Kraken Robotics V.PNG

Alternate Symbol(s):  KRKNF

Kraken Robotics Inc. is a Canada-based marine technology company engaged in providing complex subsea sensors, batteries, and robotic systems. The Company operates through two segments: Products and Services. The Products segment is engaged in the design, manufacture, and sale of equipment, including underwater vehicle platforms, synthetic aperture sonar and subsea power equipment. Its Products business consists primarily of its AquaPix MINSAS sensors, KATFISH systems, and SeaPower subsea battery systems. The Services segment is involved in the provision of services for underwater sonar and laser scanner sensor equipment and underwater vehicle platforms. Its Services business consists of services provided by robotics as a service (RaaS) portfolio of equipment, including its Sub-Bottom Imager, Acoustic Corer, KATFISHTM, and SeaVision. The Company’s high-resolution three-dimensional (3D) acoustic imaging solutions and services enable clients to overcome the challenges in the oceans.


TSXV:PNG - Post by User

Post by Torontojayon Feb 16, 2024 6:58am
211 Views
Post# 35883621

Number crunching on a napkin

Number crunching on a napkin

Here is more info regarding the defence industry in the US.
The numbers on the right uses the industry average (from the left) and compares that with the 2024 guidance (low end)  put out by Kraken. The numbers on the left is the average across 70 companies throughout the US. Keep in mind that I've used the low end of the guidance range and Kraken has a history of beating its target. 

                                                  2024 guidance 


Ev to sales =~  2.48                        =~ $1.05 
Ev to gross profit =~ 14.35              =~ $3.10
Ev to ebitda =~ 18.49                      =~ $1.58
price to sales =~ 2.03                      =~ $0.89 

I would pay more attention to Ev to ebitda and Ev to gross profit which is telling me we could see another double or triple over the next year. Kraken doesn't have much debt either which is a big plus in the right industry at the right time. 

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