Kraken Robotics Future Growth

Future criteria checks 4/6

Kraken Robotics is forecast to grow earnings and revenue by 42.2% and 16.2% per annum respectively while EPS is expected to grow by 28.7% per annum.

Key information

42.2%

Earnings growth rate

28.7%

EPS growth rate

Electronic earnings growth	11.6%
Revenue growth rate	16.2%
Future return on equity	n/a
Analyst coverage	Low
Last updated	23 Apr 2024

Recent future growth updates

Recent updates

Kraken Robotics Inc.'s (CVE:PNG) P/S Is Still On The Mark Following 28% Share Price Bounce

Mar 01

Kraken Robotics' (CVE:PNG) Returns On Capital Are Heading Higher

Jan 13

Kraken Robotics (CVE:PNG) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Dec 04

Investors Still Aren't Entirely Convinced By Kraken Robotics Inc.'s (CVE:PNG) Revenues Despite 26% Price Jump

Oct 26

Kraken Robotics (CVE:PNG) Has A Pretty Healthy Balance Sheet

Oct 06

Returns Are Gaining Momentum At Kraken Robotics (CVE:PNG)

Mar 14

News Flash: Analysts Just Made A Captivating Upgrade To Their Kraken Robotics Inc. (CVE:PNG) Forecasts

Dec 09

Analysts Are Upgrading Kraken Robotics Inc. (CVE:PNG) After Its Latest Results

Dec 02

Increases to CEO Compensation Might Be Put On Hold For Now at Kraken Robotics Inc. (CVE:PNG)

Jun 17

If You Had Bought Kraken Robotics (CVE:PNG) Stock Three Years Ago, You Could Pocket A 209% Gain Today

Jul 29

Earnings and Revenue Growth Forecasts

TSXV:PNG - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	130	N/A	15	24	1
12/31/2025	114	13	12	19	3
12/31/2024	96	9	9	14	4
12/31/2023	70	6	1	8	N/A
9/30/2023	50	2	3	10	N/A
6/30/2023	42	-2	10	17	N/A
3/31/2023	43	-3	6	12	N/A
12/31/2022	41	-4	0	5	N/A
9/30/2022	47	-2	-6	-2	N/A
6/30/2022	40	-4	-15	-10	N/A
3/31/2022	28	-5	-19	-13	N/A
12/31/2021	26	-4	-17	-11	N/A
9/30/2021	13	-7	-12	-7	N/A
6/30/2021	9	-7	-8	-4	N/A
3/31/2021	9	-7	-3	-1	N/A
12/31/2020	12	-5	1	3	N/A
9/30/2020	15	-3	-1	0	N/A
6/30/2020	21	0	-3	-2	N/A
3/31/2020	20	-2	-4	-3	N/A
12/31/2019	15	-3	-7	-5	N/A
9/30/2019	12	-4	-9	-8	N/A
6/30/2019	6	-4	-8	-7	N/A
3/31/2019	8	-2	-7	-6	N/A
12/31/2018	7	-3	-7	-7	N/A
9/30/2018	7	-3	-5	-4	N/A
6/30/2018	7	-1	-2	-1	N/A
3/31/2018	3	-3	-5	-4	N/A
12/31/2017	4	-2	-3	-2	N/A
9/30/2017	2	-3	N/A	-2	N/A
6/30/2017	2	-3	N/A	-3	N/A
3/31/2017	2	-2	N/A	-2	N/A
12/31/2016	2	-1	N/A	-2	N/A
9/30/2016	2	-1	N/A	-1	N/A
6/30/2016	2	-1	N/A	-1	N/A
3/31/2016	2	-1	N/A	-1	N/A
12/31/2015	2	-2	N/A	0	N/A
9/30/2015	2	-3	N/A	-1	N/A
6/30/2015	2	-3	N/A	-1	N/A
3/31/2015	3	-2	N/A	-1	N/A
12/31/2014	2	-1	N/A	0	N/A
9/30/2014	2	0	N/A	0	N/A
12/31/2013	1	0	N/A	0	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PNG's forecast earnings growth (42.2% per year) is above the savings rate (2%).

Earnings vs Market: PNG's earnings (42.2% per year) are forecast to grow faster than the Canadian market (12% per year).

High Growth Earnings: PNG's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PNG's revenue (16.2% per year) is forecast to grow faster than the Canadian market (6.6% per year).

High Growth Revenue: PNG's revenue (16.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if PNG's Return on Equity is forecast to be high in 3 years time

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Kraken Robotics Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Kraken Robotics Inc. Reiterates Earnings Guidance for the Full Year 2024

Price target increased by 9.6% to CA$1.43

Kraken Robotics Inc. Provides Earnings Guidance for the Fiscal Year 2023 and 2024

Kraken Robotics Inc. Provides Earnings Guidance for 2023

Kraken Robotics Inc. Provides Earnings Guidance for 2023

Price target increased by 8.5% to CA$1.07

Recent updates

Kraken Robotics Inc. Appoints Peter Hunter as Chairman of Board of Directors

Kraken Robotics Inc. Reiterates Earnings Guidance for the Full Year 2024

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Kraken Robotics Inc., Annual General Meeting, Jun 24, 2024

Price target increased by 9.6% to CA$1.43

Kraken Robotics Inc.'s (CVE:PNG) P/S Is Still On The Mark Following 28% Share Price Bounce

Kraken Robotics Inc. Provides Earnings Guidance for the Fiscal Year 2023 and 2024

Kraken Robotics' (CVE:PNG) Returns On Capital Are Heading Higher

CEO, President recently bought CA$65k worth of stock

Kraken Robotics (CVE:PNG) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Kraken Robotics Inc. Provides Earnings Guidance for 2023

Third quarter 2023 earnings: EPS in line with expectations, revenues disappoint

Kraken Robotics Inc. Provides Earnings Guidance for 2023

Price target increased by 8.5% to CA$1.07

Kraken Robotics Inc. Announces Changes to Board of Directors

Investors Still Aren't Entirely Convinced By Kraken Robotics Inc.'s (CVE:PNG) Revenues Despite 26% Price Jump

Kraken Robotics (CVE:PNG) Has A Pretty Healthy Balance Sheet

Kraken Robotics Inc. Announces Management Changes

Second quarter 2023 earnings released: EPS: CA$0.01 (vs CA$0.003 in 2Q 2022)

Kraken Robotics Inc. Reiterates Earnings Guidance for the Year 2023

Kraken Robotics Inc. Announces Karl Kenny Declines Re-Election as Board Member

Founder & Executive Chairman recently sold CA$2.3m worth of stock

First quarter 2023 earnings released: CA$0.006 loss per share (vs CA$0.013 loss in 1Q 2022)

Founder & Executive Chairman recently sold CA$267k worth of stock

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Returns Are Gaining Momentum At Kraken Robotics (CVE:PNG)

COO, CEO recently bought CA$76k worth of stock

Kraken Robotics Inc. Provides Update on Subsea Laser Scanner Service Activities

Kraken Robotics Inc. Re-Affirms Non-Audited Earnings Guidance for the Year Ended December 31, 2022

Kraken Robotics Inc. Appoints David Shea as Chief Technology Officer

Kraken Robotics Inc. Announces Management Transition

News Flash: Analysts Just Made A Captivating Upgrade To Their Kraken Robotics Inc. (CVE:PNG) Forecasts

Analysts Are Upgrading Kraken Robotics Inc. (CVE:PNG) After Its Latest Results

Bernard Mills Joins Kraken Board of Directors, Effective from December 1, 2022

Third quarter 2022 earnings released: CA$0.005 loss per share (vs CA$0.013 loss in 3Q 2021)

Kraken Robotics Inc. Reiterates Financial Guidance for 2022

Price target decreased to CA$0.78

Insufficient new directors

Kraken Robotics Inc.'s Demonstrates KATFISH Towed Sonar Providing Strong Seabed Intelligence Value Proposition

Kraken Robotics Inc. Provides Revenue Guidance for the Full Year 2022

Second quarter 2022 earnings released: EPS: CA$0.003 (vs CA$0.005 loss in 2Q 2021)

Forecast breakeven date pushed back to 2023

Kraken Robotics Inc. Provides Earnings Guidance for the Year 2022

Kraken Robotics Inc., Annual General Meeting, Jun 28, 2022

Forecast breakeven date pushed back to 2022

Price target decreased to CA$0.85

Insufficient new directors

Insufficient new directors

Kraken Robotics Inc. Announces Resignation of Cathy Bennett from the Board of Directors

President recently sold CA$126k worth of stock

Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint

Forecast breakeven date pushed back to 2022

Second quarter 2021 earnings released: CA$0.005 loss per share (vs CA$0.001 loss in 2Q 2020)

Kraken Robotics Inc. Provides Earnings Guidance for the Year Ended December 31, 2021

President recently sold CA$236k worth of stock

Increases to CEO Compensation Might Be Put On Hold For Now at Kraken Robotics Inc. (CVE:PNG)

Is Kraken Robotics Inc. (CVE:PNG) Trading At A 31% Discount?

First quarter 2021 earnings released: CA$0.004 loss per share (vs CA$0.005 profit in 1Q 2020)

Kraken Robotics Inc. Provides Earnings Guidance for the First Quarter Ended March 31, 2021 and Full Year Ending December 31, 2021

Kraken Robotics Inc. Provides Revenue Guidance for the Year 2021

Full year 2020 earnings released: CA$0.036 loss per share (vs CA$0.023 loss in FY 2019)

Kraken Robotics Inc. Announces $2.2 Million of Subsea Batteries and Sonar Contracts & Project Funding

President recently sold CA$380k worth of stock

Analysts Are Optimistic We'll See A Profit From Kraken Robotics Inc. (CVE:PNG)

New 90-day high: CA$0.78

Kraken Robotics Inc. Announces $3.5 Million of Contract and Funding Awards

President recently sold CA$248k worth of stock

New 90-day high: CA$0.68

Here's What We Learned About The CEO Pay At Kraken Robotics Inc. (CVE:PNG)