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Kraken Robotics Inc V.PNG

Alternate Symbol(s):  KRKNF

Scientific & Technical Instruments
Kraken Robotics Inc. is a Canada-based marine technology company providing complex subsea sensors, batteries, and robotic systems. The Company’s high-resolution three-dimensional (3D) acoustic imaging solutions and services enable clients to overcome the challenges in oceans. 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 product business consists primarily of its AquaPix MINSAS sensors, KATFISH systems, SeaPower subsea battery systems and RMDS. 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 and KATFISH.


TSXV:PNG - Post by User

Kraken Robotics Inc > 2023 Annual FINS Review (3.25 / 5 stars)
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Comment by Torontojayon Apr 19, 2024 3:30pm
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Post# 35998714

RE:RE:2023 Annual FINS Review (3.25 / 5 stars)

RE:RE:2023 Annual FINS Review (3.25 / 5 stars)

NLMoose wrote: Yet the company is being punished for its record breaking performance as the share price is back to Penny Stock status as opposed to setting new share price record highs.

So much for the Laws of Finance which states that the goal of the firm is to maximize the value of the firm as my Finance Professor, Glen Baigent, taught me in my Finance 360 course in 1996.


Last time I checked, a penny stock was any company whose share price was $5 or lower. 

Did you ever take the Penny Stocks 101 course? 
 

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