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Bullboard - Stock Discussion Forum Kraken Robotics Inc V.PNG

Alternate Symbol(s):  KRKNF

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... see more

TSXV:PNG - Post Discussion

Kraken Robotics Inc > The Quarter
View:
Post by Possibleidiot01 on Nov 21, 2024 8:18am

The Quarter

People seem to have bought in anticipation of the news and it all depends on how you intrepret the news.

Does revenue being down 4% bother you?

Or are happy with that result in a business that can be lumpy due to large equipment contracts?

Me, I prefer to focus on this point. "An area of strength for us has been subsea batteries. We are planning for additional capacity as our current customers see strong growth, and we expect to onboard new customers who wish to avail of our high energy density designs that give customers significantly greater endurance for their UUVs. In addition, we are evaluating opportunities to apply our technology to seafloor power applications and have multiple potential customer and partner discussions ongoing.
 

Investors like predictable results and the company is trying to emphasize a consistent part of the business.

GLTA


Comment by Sinister on Nov 21, 2024 8:31am
Yupp! Emotionnal people will sell. SP will go down. people like us will buy more at a reasonable price and make money when it bounce back because they have a strong future ahead. Easy peasy.  
Comment by NLMoose on Nov 21, 2024 8:34am
Future doesn't seem that bright now due to poor KATFISH sales.
Comment by NLMoose on Nov 21, 2024 8:43am
What will bother investors a little bit are not only an unexpected revenue plunge and lower than expected profit, but also poor cost management as interest costs are un in spite Bank of Canada Interest rates going down significantly over the last year. Another area for concern are decreasing sales for its core products like KATFISH. If Kraken Robotics wants to meet its $90 million to $100 ...more  
Comment by SNgu8000 on Nov 21, 2024 9:16am
Mozzzzzzze , you should F*******g shut your mouth up , I don't think you know what you were talking about ??? You have been expecing : PERFECTION , TOO MUCH , TOO QUICK , TOO FAST and GROW IN YOUR IMAGINATION , NOT IN YOUR 100 YEAR . This is Microcap , young small Canadian Corp , it is growing , DON'T YOU UNDERSTAND THAT ??? IT IS NOT PERFECT , IT WILL BE UP and DOWN HERE and THERE . Just ...more  
Comment by Sinister on Nov 21, 2024 9:29am
Just mute him. I cant see his post now and I'm doing better
Comment by McStockface on Nov 21, 2024 12:08pm
This is good advice. Done.
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