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Kraken Robotics

TSXV:PNG
Snowflake Description

Adequate balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PNG
TSXV
CA$72M
Market Cap
  1. Home
  2. CA
  3. Tech
Company description

Kraken Robotics Inc., a marine technology company, designs, manufactures, and sells software-centric sensors and underwater robotic systems for unmanned underwater vehicles used in military and commercial applications in Canada, the United States, France, Italy, Israel, the United Kingdom, Germany, and internationally. The last earnings update was 79 days ago. More info.


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  • Kraken Robotics has significant price volatility in the past 3 months.
PNG Share Price and Events
7 Day Returns
-10.9%
TSXV:PNG
-3.8%
CA Electronic
-2.5%
CA Market
1 Year Returns
30.7%
TSXV:PNG
-24.3%
CA Electronic
-4.7%
CA Market
PNG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Kraken Robotics (PNG) -10.9% -18.3% -22.2% 30.7% 172.2% -
CA Electronic -3.8% -2.4% -3.5% -24.3% -13.8% -9.6%
CA Market -2.5% -3.5% -3.9% -4.7% 2.5% -4.4%
1 Year Return vs Industry and Market
  • PNG outperformed the Electronic industry which returned -24.3% over the past year.
  • PNG outperformed the Market in Canada which returned -4.7% over the past year.
Price Volatility
PNG
Industry
5yr Volatility vs Market

PNG Value

 Is Kraken Robotics undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Kraken Robotics. This is due to cash flow or dividend data being unavailable. The share price is CA$0.49.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Kraken Robotics's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Kraken Robotics's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:PNG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CAD CA$-0.02
TSXV:PNG Share Price ** TSXV (2019-08-16) in CAD CA$0.49
Canada Electronic Industry PE Ratio Median Figure of 7 Publicly-Listed Electronic Companies 18.21x
Canada Market PE Ratio Median Figure of 534 Publicly-Listed Companies 13.76x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Kraken Robotics.

TSXV:PNG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:PNG Share Price ÷ EPS (both in CAD)

= 0.49 ÷ -0.02

-29.26x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kraken Robotics is loss making, we can't compare its value to the CA Electronic industry average.
  • Kraken Robotics is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Kraken Robotics's expected growth come at a high price?
Raw Data
TSXV:PNG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -29.26x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
North America Electronic Industry PEG Ratio Median Figure of 61 Publicly-Listed Electronic Companies 1.08x
Canada Market PEG Ratio Median Figure of 248 Publicly-Listed Companies 0.92x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Kraken Robotics, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Kraken Robotics's assets?
Raw Data
TSXV:PNG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CAD CA$0.07
TSXV:PNG Share Price * TSXV (2019-08-16) in CAD CA$0.49
Canada Electronic Industry PB Ratio Median Figure of 22 Publicly-Listed Electronic Companies 2.19x
Canada Market PB Ratio Median Figure of 2,454 Publicly-Listed Companies 1.43x
TSXV:PNG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:PNG Share Price ÷ Book Value per Share (both in CAD)

= 0.49 ÷ 0.07

6.82x

* Primary Listing of Kraken Robotics.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kraken Robotics is overvalued based on assets compared to the CA Electronic industry average.
X
Value checks
We assess Kraken Robotics's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Kraken Robotics has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PNG Future Performance

 How is Kraken Robotics expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
71.4%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Kraken Robotics expected to grow at an attractive rate?
  • Unable to compare Kraken Robotics's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Kraken Robotics's earnings growth to the Canada market average as no estimate data is available.
  • Kraken Robotics's revenue growth is expected to exceed the Canada market average.
Annual Growth Rates Comparison
Raw Data
TSXV:PNG Future Growth Rates Data Sources
Data Point Source Value (per year)
TSXV:PNG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 71.4%
Canada Electronic Industry Earnings Growth Rate Market Cap Weighted Average 3.3%
Canada Electronic Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.4%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:PNG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:PNG Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 30 1
2019-12-31 15 1
TSXV:PNG Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-03-31 8 -6 -2
2018-12-31 7 -7 -3
2018-09-30 7 -4 -3
2018-06-30 7 -1 -1
2018-03-31 3 -4 -3
2017-12-31 4 -2 -2
2017-09-30 2 -2 -3
2017-06-30 2 -3 -3
2017-03-31 2 -2 -2
2016-12-31 2 -2 -1
2016-09-30 2 -1 -1
2016-06-30 2 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Kraken Robotics is high growth as no earnings estimate data is available.
  • Kraken Robotics's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:PNG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Kraken Robotics Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PNG Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2019-12-31
TSXV:PNG Past Financials Data
Date (Data in CAD Millions) EPS *
2019-03-31 -0.02
2018-12-31 -0.02
2018-09-30 -0.03
2018-06-30 -0.01
2018-03-31 -0.03
2017-12-31 -0.03
2017-09-30 -0.03
2017-06-30 -0.03
2017-03-31 -0.03
2016-12-31 -0.02
2016-09-30 -0.01
2016-06-30 -0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Kraken Robotics will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Kraken Robotics's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Kraken Robotics has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PNG Past Performance

  How has Kraken Robotics performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Kraken Robotics's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Kraken Robotics does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Kraken Robotics's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Kraken Robotics's 1-year growth to the CA Electronic industry average as it is not currently profitable.
Earnings and Revenue History
Kraken Robotics's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Kraken Robotics Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PNG Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 8.08 -2.03 5.53 1.58
2018-12-31 6.71 -2.72 4.74 2.05
2018-09-30 6.76 -2.94 3.95 2.34
2018-06-30 6.85 -1.38 3.36 1.74
2018-03-31 3.29 -3.14 3.16 1.26
2017-12-31 3.53 -2.40 3.00 1.61
2017-09-30 2.14 -2.57 2.35 1.70
2017-06-30 1.50 -2.66 1.30 2.08
2017-03-31 1.80 -2.02 1.54 1.70
2016-12-31 2.27 -1.42 1.82 0.84
2016-09-30 2.42 -1.00 2.00 0.48
2016-06-30 1.97 -1.41 3.18 -0.35
2016-03-31 1.93 -1.27 2.66 -0.18
2015-12-31 1.89 -1.99 2.19
2015-09-30 2.34 -2.87 3.07 -0.24
2015-06-30 2.14 -2.69 2.87 -0.42
2015-03-31 2.57 -2.36 2.79 -0.42
2014-12-31 2.35 -1.31 2.48 -0.42
2014-09-30 1.78 0.02 1.13 -0.18
2013-12-31 0.58 -0.14 0.57
2012-12-31 0.02 -0.10 0.10

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Kraken Robotics has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Kraken Robotics has efficiently used its assets last year compared to the CA Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Kraken Robotics improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Kraken Robotics's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Kraken Robotics has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PNG Health

 How is Kraken Robotics's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Kraken Robotics's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Kraken Robotics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Kraken Robotics's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Kraken Robotics's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 33.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Kraken Robotics Company Filings, last reported 4 months ago.

TSXV:PNG Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 10.73 0.37 5.01
2018-12-31 8.30 0.39 4.93
2018-09-30 2.29 0.60 1.62
2018-06-30 2.18 0.00 2.34
2018-03-31 -0.85 0.97
2017-12-31 0.54 0.33
2017-09-30 1.08 0.00 0.57
2017-06-30 1.10 0.04 0.02
2017-03-31 0.15 0.25 0.05
2016-12-31 0.77 0.15 0.09
2016-09-30 1.58 0.00 0.15
2016-06-30 0.49 0.00 0.08
2016-03-31 0.92 0.00 0.19
2015-12-31 0.97 0.00 0.77
2015-09-30 1.35 0.00 0.68
2015-06-30 1.74 0.00 0.92
2015-03-31 2.05 0.06 1.14
2014-12-31 -0.11 2.19 1.34
2014-09-30 -0.08 1.71 1.24
2013-12-31 -0.24 0.34 0.00
2012-12-31 -0.10 0.10 0.00
  • Kraken Robotics's level of debt (3.5%) compared to net worth is satisfactory (less than 40%).
  • Kraken Robotics had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Kraken Robotics has less than a year of cash runway based on current free cash flow.
  • Kraken Robotics has less than a year of cash runway if free cash flow continues to grow at historical rates of 60.2% each year.
X
Financial health checks
We assess Kraken Robotics's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Kraken Robotics has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PNG Dividends

 What is Kraken Robotics's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Kraken Robotics dividends.
If you bought CA$2,000 of Kraken Robotics shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Kraken Robotics's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Kraken Robotics's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:PNG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
North America Electronic Industry Average Dividend Yield Market Cap Weighted Average of 36 Stocks 1.8%
Canada Market Average Dividend Yield Market Cap Weighted Average of 333 Stocks 3.7%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSXV:PNG Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Kraken Robotics has not reported any payouts.
  • Unable to verify if Kraken Robotics's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Kraken Robotics's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Kraken Robotics has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Kraken Robotics's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Kraken Robotics afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Kraken Robotics has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PNG Management

 What is the CEO of Kraken Robotics's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Karl Kenny
COMPENSATION CA$244,310
CEO Bio

Mr. Karl Kenny serves as the Chief Executive Officer and President at Kraken Sonar Inc. Mr. Kenny Co-Founded Marport Deep Sea Technologies Inc. (formerly, Marport Canada Inc.). Mr. Kenny has been Chief Strategy Officer of Marport Deep Sea Technologies Inc. since December 9, 2011. He has been involved in high technology since 1980 in a wide variety of technical and executive roles. Mr. Kenny serves as the Chief Executive Officer and President of Marport C-Tech Ltd. Mr. Kenny served as the Chief Executive Officer and President of Marport Deep Sea Technologies Inc. from July 2003 to December 9, 2011. He served as Chief Executive Officer and President at Telepix Imaging Inc. He served as a Canadian Navy maritime surface officer and has significant expertise in communications, electronic navigation systems and digital imaging. During the 1980's he was part of the Microsoft mouse project team with responsibilities for offshore manufacturing. In 1996, he co-founded Telepix Imaging Inc., a world leader in digital imaging software and photo e-commerce. He has been a Director of Kraken Sonar Inc. since February 18, 2015. Mr. Kenny serves as a Director of Marport Deep Sea Technologies Inc. He serves as an Advisory Board Member at the National Research Council's Institute for Ocean Technology and is an entrepreneur mentor at the Genesis Centre of Memorial University.

CEO Compensation
  • Karl's compensation has increased whilst company is loss making.
  • Karl's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Kraken Robotics management team in years:

0.1
Average Tenure
  • The average tenure for the Kraken Robotics management team is less than 2 years, this suggests a new team.
Management Team

Karl Kenny

TITLE
President
COMPENSATION
CA$244K

Greg Reid

TITLE
Corporate Secretary & COO
COMPENSATION
CA$253K
TENURE
0.1 yrs

Joe MacKay

TITLE
Chief Financial Officer
TENURE
0.1 yrs

Sean Chapman

TITLE
Chief Sonar Engineer
TENURE
6.6 yrs

Dave Shea

TITLE
Senior Vice President of Engineering
TENURE
0.1 yrs

Jeremy Dillon

TITLE
Chief Scientist
TENURE
1.2 yrs

Jakob Schwendner

TITLE
Managing Director of Kraken Robotik GmbH

Carl Thiede

TITLE
Managing Director of Kraken Power GmbH
Board of Directors Tenure

Average tenure of the Kraken Robotics board of directors in years:

2.8
Average Tenure
  • The average tenure for the Kraken Robotics board of directors is less than 3 years, this suggests a new board.
Board of Directors

Karl Kenny

TITLE
President
COMPENSATION
CA$244K
TENURE
4.5 yrs

Moya Cahill

TITLE
Independent Director
TENURE
4.5 yrs

Larry Puddister

TITLE
Independent Director
TENURE
2.8 yrs

Shaun McEwan

TITLE
Independent Director
TENURE
2.7 yrs

Mike Connor

TITLE
Director
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Kraken Robotics individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
07. Jun 19 Buy Greg Reid Individual 06. Jun 19 06. Jun 19 44,000 CA$0.53 CA$23,320
27. Dec 18 Buy Ocean Infinity Ltd. Company 20. Dec 18 20. Dec 18 2,500,000 CA$0.40 CA$1,000,001
29. Aug 18 Buy Ocean Infinity Ltd. Company 24. Aug 18 24. Aug 18 1,500,000 CA$0.30 CA$450,000
29. Aug 18 Sell Karl Kenny Individual 24. Aug 18 24. Aug 18 -1,500,000 CA$0.30 CA$-450,000
X
Management checks
We assess Kraken Robotics's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Kraken Robotics has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PNG News

Simply Wall St News

The Kraken Robotics (CVE:PNG) Share Price Is Up 167% And Shareholders Are Boasting About It

View our latest analysis for Kraken Robotics Kraken Robotics isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … In the last 3 years Kraken Robotics saw its revenue grow at 56% per year. … A Different Perspective We're pleased to report that Kraken Robotics rewarded shareholders with a total shareholder return of 33% over the last year.

Simply Wall St -

Here's Why Kraken Robotics (CVE:PNG) Might Be Better Off Without Debt

Check out our latest analysis for Kraken Robotics What Is Kraken Robotics's Net Debt? … TSXV:PNG Historical Debt, July 24th 2019 How Strong Is Kraken Robotics's Balance Sheet? … We can see from the most recent balance sheet that Kraken Robotics had liabilities of CA$5.72m falling due within a year, and liabilities of CA$2.28m due beyond that.

Simply Wall St -

How Much Are Kraken Robotics Inc. (CVE:PNG) Insiders Taking Off The Table?

Check out our latest analysis for Kraken Robotics The Last 12 Months Of Insider Transactions At Kraken Robotics In the last twelve months, the biggest single sale by an insider was when the President, Karl Kenny, sold CA$450k worth of shares at a price of CA$0.30 per share. … TSXV:PNG Recent Insider Trading, July 3rd 2019 Insiders at Kraken Robotics Have Bought Stock Recently Over the last three months, we've seen a bit of insider buying at Kraken Robotics. … Insider Ownership of Kraken Robotics For a common shareholder, it is worth checking how many shares are held by company insiders.

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What Kind Of Shareholder Owns Most Kraken Robotics Inc. (CVE:PNG) Stock?

Check out our latest analysis for Kraken Robotics TSXV:PNG Ownership Summary, May 31st 2019 What Does The Lack Of Institutional Ownership Tell Us About Kraken Robotics? … Insider Ownership Of Kraken Robotics While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. … Private Company Ownership We can see that Private Companies own 15%, of the shares on issue.

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Why Kraken Robotics Inc.'s (CVE:PNG) CEO Pay Matters To You

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Karl Kenny's Compensation Compare With Similar Sized Companies. … has a market capitalization of CA$103m, and pays its CEO total annual compensation worth CA$190k.

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Did Kraken Robotics Inc. (CVE:PNG) Insiders Sell Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in Kraken Robotics Inc. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … That means that an insider was selling shares at slightly below the current price (CA$0.69).

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What does Kraken Robotics Inc.'s (CVE:PNG) Balance Sheet Tell Us About Its Future?

(CVE:PNG) is a small-cap stock with a market capitalization of CA$82m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Electronic companies,

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Does Market Volatility Impact Kraken Robotics Inc.'s (CVE:PNG) Share Price?

(CVE:PNG), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

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Have Insiders Been Selling Kraken Robotics Inc (CVE:PNG) Shares?

So before you buy or sell Kraken Robotics Inc (CVE:PNG), you may well want to know whether insiders have been buying or selling. … The Last 12 Months Of Insider Transactions At Kraken Robotics. … In the last twelve months, the biggest single sale by an insider was when President Karl Kenny sold CA$450k worth of shares at a price of CA$0.30 per share.

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Kraken Robotics Inc (CVE:PNG): Is Breakeven Near?

Kraken Robotics Inc's (CVE:PNG):. … Kraken Robotics Inc., a marine technology company, designs, develops, and markets underwater sonars and acoustic velocity sensors for unmanned underwater vehicles used in military and commercial applications in Canada, the United States, France, Israel, and internationally. … Check out our latest analysis for Kraken Robotics

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PNG Company Info

Description

Kraken Robotics Inc., a marine technology company, designs, manufactures, and sells software-centric sensors and underwater robotic systems for unmanned underwater vehicles used in military and commercial applications in Canada, the United States, France, Italy, Israel, the United Kingdom, Germany, and internationally. The company offers AquaPix interferometric synthetic aperture sonar (SAS) for use in onboard autonomous underwater vehicles, remotely operated tow vehicles, remotely operated vehicles, and tow bodies; AquaPix miniature SAS, an off the shelf configurable interferometric SAS; AquaTrak, a speed sensor; and SeaVision, a 3D laser system for underwater vehicles. It also provides KATFISH, an intelligent towed SAS system; ThunderFish, an autonomous underwater vehicle; A-LARS, an autonomous launch and recovery system; and DataPod, a removable data storage module for marine applications. In addition, the company offers pressure tolerant encapsulated components, such as batteries, thrusters, actuators, and electronics; and robotics as a service and engineering support services. The company was formerly known as Kraken Sonar Inc. and changed its name to Kraken Robotics Inc. in September 2017. Kraken Robotics Inc. was incorporated in 2008 and is headquartered in Mount Pearl, Canada.

Details
Name: Kraken Robotics Inc.
PNG
Exchange: TSXV
Founded: 2008
CA$71,516,771
145,952,595
Website: http://www.krakenrobotics.com
Address: Kraken Robotics Inc.
189 Glencoe Drive,
Mount Pearl,
Newfoundland and Labrador, A1N 4P6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV PNG New Common Shares TSX Venture Exchange CA CAD 19. Feb 2015
OTCPK KRKN.F New Common Shares Pink Sheets LLC US USD 19. Feb 2015
DB 2KQ New Common Shares Deutsche Boerse AG DE EUR 19. Feb 2015
Number of employees
Current staff
Staff numbers
82
Kraken Robotics employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/08/17 00:34
End of day share price update: 2019/08/16 00:00
Last estimates confirmation: 2019/07/08
Last earnings filing: 2019/05/30
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.