Kraken Robotics Inc.

TSXV:PNG Stock Report

Market Cap: CA$686.6m

Kraken Robotics Management

Management criteria checks 1/4

Kraken Robotics' CEO is Greg Reid, appointed in Jan 2023, has a tenure of 1.92 years. total yearly compensation is CA$527.98K, comprised of 66.3% salary and 33.7% bonuses, including company stock and options. directly owns 3.11% of the company’s shares, worth CA$21.33M. The average tenure of the management team and the board of directors is 1.6 years and 2.1 years respectively.

Key information

Greg Reid

Chief executive officer

CA$528.0k

Total compensation

CEO salary percentage66.3%
CEO tenure1.9yrs
CEO ownership3.1%
Management average tenure1.6yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

Kraken Robotics Inc.'s (CVE:PNG) 47% Jump Shows Its Popularity With Investors

Nov 10
Kraken Robotics Inc.'s (CVE:PNG) 47% Jump Shows Its Popularity With Investors

Is Now The Time To Look At Buying Kraken Robotics Inc. (CVE:PNG)?

Sep 14
Is Now The Time To Look At Buying Kraken Robotics Inc. (CVE:PNG)?

An Intrinsic Calculation For Kraken Robotics Inc. (CVE:PNG) Suggests It's 37% Undervalued

Aug 28
An Intrinsic Calculation For Kraken Robotics Inc. (CVE:PNG) Suggests It's 37% Undervalued

Kraken Robotics Inc. (CVE:PNG) Doing What It Can To Lift Shares

Aug 13
Kraken Robotics Inc. (CVE:PNG) Doing What It Can To Lift Shares

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

Mar 01
Kraken Robotics Inc.'s (CVE:PNG) P/S Is Still On The Mark Following 28% Share Price Bounce

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

Jan 13
Kraken Robotics' (CVE:PNG) Returns On Capital Are Heading Higher

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

Dec 04
Kraken Robotics (CVE:PNG) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

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

Oct 26
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

Oct 06
Kraken Robotics (CVE:PNG) Has A Pretty Healthy Balance Sheet

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

Mar 14
Returns Are Gaining Momentum At Kraken Robotics (CVE:PNG)

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

Dec 09
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

Dec 02
Analysts Are Upgrading Kraken Robotics Inc. (CVE:PNG) After Its Latest Results

CEO Compensation Analysis

How has Greg Reid's remuneration changed compared to Kraken Robotics's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$9m

Jun 30 2024n/an/a

CA$10m

Mar 31 2024n/an/a

CA$8m

Dec 31 2023CA$528kCA$350k

CA$6m

Sep 30 2023n/an/a

CA$2m

Jun 30 2023n/an/a

-CA$2m

Mar 31 2023n/an/a

-CA$3m

Dec 31 2022CA$310kCA$260k

-CA$4m

Sep 30 2022n/an/a

-CA$2m

Jun 30 2022n/an/a

-CA$4m

Mar 31 2022n/an/a

-CA$5m

Dec 31 2021CA$362kCA$250k

-CA$4m

Sep 30 2021n/an/a

-CA$7m

Jun 30 2021n/an/a

-CA$7m

Mar 31 2021n/an/a

-CA$7m

Dec 31 2020CA$327kCA$220k

-CA$5m

Sep 30 2020n/an/a

-CA$3m

Jun 30 2020n/an/a

-CA$304k

Mar 31 2020n/an/a

-CA$2m

Dec 31 2019CA$285kCA$184k

-CA$3m

Sep 30 2019n/an/a

-CA$4m

Jun 30 2019n/an/a

-CA$4m

Mar 31 2019n/an/a

-CA$2m

Dec 31 2018CA$253kCA$163k

-CA$3m

Sep 30 2018n/an/a

-CA$3m

Jun 30 2018n/an/a

-CA$1m

Mar 31 2018n/an/a

-CA$3m

Dec 31 2017CA$230kCA$140k

-CA$2m

Compensation vs Market: Greg's total compensation ($USD367.41K) is below average for companies of similar size in the Canadian market ($USD1.18M).

Compensation vs Earnings: Greg's compensation has increased by more than 20% in the past year.

CEO

Greg Reid

1.9yrs

Tenure

CA$527,980

Compensation

Mr. Greg Reid, CPA, CA, CFA serves as Chief Executive Officer and President of Kraken Robotics Inc., since January 01, 2023 and serves as its Director since 2023. He was Chief Operating Officer at Kraken R...

Leadership Team

NamePositionTenureCompensationOwnership
Greg Reid
CEO, President & Director1.9yrsCA$527.98k3.11%
CA$ 21.3m
Karl Kenny
Founderno dataCA$304.80kno data
D. MacKay
CFO & Company Secretary5.4yrsCA$435.78k0.42%
CA$ 2.9m
David Shea
Executive VP & CTO1.9yrsCA$435.78k0.33%
CA$ 2.3m
Nathaniel Spencer
Executive VP & COOless than a yearno data0.0076%
CA$ 52.3k
Erica Kierstead
Director of Global Marketingless than a yearno datano data
Lynne Adu
Executive VP & Chief Commercial Officer1.3yrsno datano data

1.6yrs

Average Tenure

Experienced Management: PNG's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Greg Reid
CEO, President & Director1.9yrsCA$527.98k3.11%
CA$ 21.3m
Peter Hunter
Independent Chairman of Board1.1yrsCA$37.20kno data
Shaun McEwan
Independent Director8yrsno data0.10%
CA$ 719.1k
Michael Connor
Independent Director7.2yrsno data0.11%
CA$ 784.5k
Bernard Mills
Independent Director2.1yrsno datano data

2.1yrs

Average Tenure

Experienced Board: PNG's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:59
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Kraken Robotics Inc. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gabriel LeungBeacon Securities Limited
Douglas TaylorCanaccord Genuity
Nicholas BoychukCormark Securities Inc.