TSXV:PNGElectronic
Kraken Robotics (TSXV:PNG) Stock Selloff Puts Growth Milestones Under The Microscope
Kraken Robotics stock came into this earnings print on the back foot, with the share price down about 28% over the past three months and more than 10% over the past week. Yet the headline from Q2 was not collapse; it was scale. Revenue reached CA$27.32 million with gross margin around 59% and adjusted EBITDA margin near 18%, numbers more in line with a company investing for growth than one in free fall.
The market now has to decide whether that short term price weakness reflects genuine...