Added to YB: 2026-06-03
Pitch date: 2026-06-01
PNG.V [neutral]
Kraken Robotics Inc.
Author Info
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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 military and commercial applications.
Market Cap
CAD 2.5B
Pitch Price
CAD 8.35
Price Target
N/A
Dividend
N/A
EV/EBITDA
112.86
P/E
-3.6K
EV/Sales
22.86
Sector
Electronic Equipment, Instruments and Components
Category
special_situation
Mother of All Reviews (Part Deux) - Kraken Robotics Inc.
PNG.V (holding update): Triple over past yr, 12-bagger from $0.61 2024 pick, peaked at 17x. Q1 poor: rev +35% but margins -600bps, opex +64%, swung to ~$4M loss from $519k NI, burned $4.7M cash. Doesn't trade on fundamentals; $2.3B mcap rich. $615M Covelya deal closes June; Q3 key. Holding 20-25% of cheap shares.
Read full article (1 min)