TSXV:PNGElectronic
What Kraken Robotics (TSXV:PNG)'s Q1 Loss, Revenue Jump and Covelya Deal Progress Means For Shareholders
Kraken Robotics Inc. has reported past first-quarter 2026 results, with revenue rising to C$21.71 million from C$16.13 million a year earlier, while moving from a small profit to a C$3.33 million net loss.
The company reaffirmed its 2026 revenue outlook of C$165 million to C$175 million and highlighted progress toward closing its Covelya Group acquisition, reinforcing management’s confidence in its growth plans.
With this combination of strong revenue growth, reiterated full-year guidance,...