2KQ Stock Overview A marine technology company, engages in the design, manufacture, and sale of sonar and optical sensors, batteries, and underwater robotic equipment for unmanned underwater vehicles used in military and commercial applications in Canada, the Asia Pacific, Europe, the Middle East, Africa, North America, and internationally. More details
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Kraken Robotics Inc. Competitors Price History & Performance
Summary of share price highs, lows and changes for Kraken Robotics Historical stock prices Current Share Price CA$1.91 52 Week High CA$1.95 52 Week Low CA$0.40 Beta 1.23 1 Month Change 24.51% 3 Month Change 64.94% 1 Year Change 331.97% 3 Year Change 682.34% 5 Year Change 356.83% Change since IPO 1,571.05%
Recent News & Updates
Now 22% undervalued Nov 13
Investor sentiment improves as stock rises 24% Nov 13
Kraken Robotics Demonstrates New KATFISH Autonomous Launch and Recovery System to Navy Customers Nov 05
Investor sentiment improves as stock rises 16% Oct 29
New minor risk - Shareholder dilution Oct 28 Kraken Robotics Inc. has completed a Follow-on Equity Offering in the amount of CAD 45 million. Oct 17
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Now 22% undervalued Nov 13
Investor sentiment improves as stock rises 24% Nov 13
Kraken Robotics Demonstrates New KATFISH Autonomous Launch and Recovery System to Navy Customers Nov 05
Investor sentiment improves as stock rises 16% Oct 29
New minor risk - Shareholder dilution Oct 28 Kraken Robotics Inc. has completed a Follow-on Equity Offering in the amount of CAD 45 million. Oct 17
Kraken Robotics Inc. has filed a Follow-on Equity Offering in the amount of CAD 25 million. Oct 02
Executive VP & CTO recently sold €150k worth of stock Sep 05
Second quarter 2024 earnings released: EPS: CA$0.01 (vs CA$0.01 in 2Q 2023) Aug 23
Kraken Robotics Inc. Reiterates Earnings Guidance for the Full Year 2024 Aug 22
Kraken Robotics Inc. Announces Management Appointments Jul 10
New major risk - Earnings quality May 30
First quarter 2024 earnings released: EPS: CA$0.01 (vs CA$0.006 loss in 1Q 2023) May 30
New minor risk - Shareholder dilution May 23 Kraken Robotics Inc. has completed a Follow-on Equity Offering in the amount of CAD 17.5009 million. May 17
Kraken Robotics Inc. has filed a Follow-on Equity Offering in the amount of CAD 17.5009 million. Apr 26
Kraken Robotics Inc. Appoints Peter Hunter as Chairman of Board of Directors Apr 24
Kraken Robotics Inc. Reiterates Earnings Guidance for the Full Year 2024 Apr 20
New minor risk - Earnings quality Apr 19
Kraken Robotics Inc., Annual General Meeting, Jun 24, 2024 Apr 13
Kraken Robotics Inc. Provides Earnings Guidance for the Fiscal Year 2023 and 2024 Feb 15
Kraken Robotics Inc. Provides Earnings Guidance for 2023 Nov 29
Kraken Robotics Inc. Provides Earnings Guidance for 2023 Nov 28
Third quarter 2023 earnings released: EPS: CA$0.01 (vs CA$0.005 loss in 3Q 2022) Nov 28
Kraken Robotics Inc. Announces Changes to Board of Directors Nov 21
Kraken Robotics Inc. Announces Management Changes Sep 27
Second quarter 2023 earnings released: EPS: CA$0.01 (vs CA$0.003 in 2Q 2022) Aug 30
Kraken Robotics Inc. Reiterates Earnings Guidance for the Year 2023 Aug 30
New major risk - Share price stability Jul 25
Kraken Robotics Inc. Announces Karl Kenny Declines Re-Election as Board Member Jul 06
Founder & Executive Chairman recently sold €1.6m worth of stock Jun 15
First quarter 2023 earnings released: CA$0.006 loss per share (vs CA$0.013 loss in 1Q 2022) Jun 01
Founder & Executive Chairman recently sold €182k worth of stock May 17
Full year 2022 earnings released: CA$0.021 loss per share (vs CA$0.019 loss in FY 2021) May 01
COO, CEO recently bought €53k worth of stock Jan 20
Kraken Robotics Inc. Provides Update on Subsea Laser Scanner Service Activities Jan 18
Kraken Robotics Inc. Re-Affirms Non-Audited Earnings Guidance for the Year Ended December 31, 2022 Jan 13
Kraken Robotics Inc. Appoints David Shea as Chief Technology Officer Jan 11 Kraken Robotics Inc. Announces Management Transition
Third quarter 2022 earnings released: CA$0.005 loss per share (vs CA$0.013 loss in 3Q 2021) Dec 01
Bernard Mills Joins Kraken Board of Directors, Effective from December 1, 2022 Dec 01
Kraken Robotics Inc. Reiterates Financial Guidance for 2022 Nov 30
Insufficient new directors Nov 16 Kraken Robotics Inc.'s Demonstrates KATFISH Towed Sonar Providing Strong Seabed Intelligence Value Proposition Oct 07
Second quarter 2022 earnings released: EPS: CA$0.003 (vs CA$0.005 loss in 2Q 2021) Aug 31
Kraken Robotics Inc. Provides Revenue Guidance for the Full Year 2022 Aug 31
Forecast breakeven date pushed back to 2023 May 27
Kraken Robotics Inc. Provides Earnings Guidance for the Year 2022 May 27
Kraken Robotics Inc., Annual General Meeting, Jun 28, 2022 May 02
Full year 2021 earnings released: CA$0.019 loss per share (vs CA$0.036 loss in FY 2020) May 01
Forecast breakeven date pushed back to 2022 May 01
Insufficient new directors Apr 27
Insufficient new directors Feb 24
Kraken Robotics Inc. Announces Resignation of Cathy Bennett from the Board of Directors Feb 24
President recently sold €88k worth of stock Dec 17
Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint Dec 01
Forecast breakeven date pushed back to 2022 Dec 01
Forecast to breakeven in 2021 Sep 23
Second quarter 2021 earnings released: CA$0.005 loss per share (vs CA$0.001 loss in 2Q 2020) Aug 28
Kraken Robotics Inc. Provides Earnings Guidance for the Year Ended December 31, 2021 Aug 27
President recently sold €161k worth of stock Jul 04
First quarter 2021 earnings released: CA$0.004 loss per share (vs CA$0.005 profit in 1Q 2020) May 28
Kraken Robotics Inc. Provides Earnings Guidance for the First Quarter Ended March 31, 2021 and Full Year Ending December 31, 2021 May 12
Kraken Robotics Inc. Provides Revenue Guidance for the Year 2021 Apr 27
Full year 2020 earnings released: CA$0.036 loss per share (vs CA$0.023 loss in FY 2019) Apr 27
Kraken Robotics Inc. Announces $2.2 Million of Subsea Batteries and Sonar Contracts & Project Funding Mar 05
President recently sold €248k worth of stock Feb 25
Kraken Robotics Inc. Announces $3.5 Million of Contract and Funding Awards Feb 18
President recently sold €161k worth of stock Feb 14
New 90-day high: €0.43 Feb 09
New 90-day low: €0.33 Jan 19
President recently sold €72k worth of stock Dec 06
New 90-day low: €0.34 Dec 03
Third quarter 2020 earnings released: CA$0.017 loss per share Nov 25
Revenue misses expectations Nov 25
Dive Technologies Inc. Completes Successful Sea Trials with Kraken Robotics Inc.’s Pressure Tolerant Batteries Oct 29
Kraken Robotics Inc. has completed a Follow-on Equity Offering in the amount of CAD 10.05 million. Oct 27
New 90-day high: €0.50 Sep 29
Kraken Robotics Inc. Completes Successful Sea Trials of SeaScout® System Onboard Ocean Seeker Sep 22
New 90-day high - €0.48 Sep 10
Earnings released Aug 26
Kraken Robotics Inc. (TSXV:PNG) completed the acquisition of remaining 25% stake in Kraken Power GmbH. Jul 30 Shareholder Returns 2KQ DE Electronic DE Market 7D 5.8% -0.4% 0.3% 1Y 332.0% -19.4% 6.9%
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Return vs Market: 2KQ exceeded the German Market which returned 7.2% over the past year.
Price Volatility Is 2KQ's price volatile compared to industry and market? 2KQ volatility 2KQ Average Weekly Movement 10.6% Electronic Industry Average Movement 5.2% Market Average Movement 4.9% 10% most volatile stocks in DE Market 11.8% 10% least volatile stocks in DE Market 2.4%
Stable Share Price: 2KQ's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: 2KQ's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company Kraken Robotics Inc., a marine technology company, engages in the design, manufacture, and sale of sonar and optical sensors, batteries, and underwater robotic equipment for unmanned underwater vehicles used in military and commercial applications in Canada, the Asia Pacific, Europe, the Middle East, Africa, North America, and internationally. It operates in two segments, Products, and Services. The company offers AquaPix miniature interferometric synthetic aperture sonar (MINSAS), a configurable MINSAS; and SeaPower, a pressure tolerant deep sea batteries.
Show more Kraken Robotics Inc. Fundamentals Summary How do Kraken Robotics's earnings and revenue compare to its market cap? 2KQ fundamental statistics Market cap €474.71m Earnings (TTM ) €6.03m Revenue (TTM ) €61.06m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) 2KQ income statement (TTM ) Revenue CA$91.19m Cost of Revenue CA$48.27m Gross Profit CA$42.92m Other Expenses CA$33.93m Earnings CA$9.00m
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) 0.034 Gross Margin 47.07% Net Profit Margin 9.87% Debt/Equity Ratio 28.0%
How did 2KQ perform over the long term?
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Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/30 09:58 End of Day Share Price 2024/12/30 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
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.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* 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 .
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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.
Analyst Institution Gabriel Leung Beacon Securities Limited Douglas Taylor Canaccord Genuity Nicholas Boychuk Cormark Securities Inc.
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