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Kraken Robotics

DB:2KQ
Snowflake Description

High growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2KQ
DB
CA$101M
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

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. The last earnings update was 142 days ago. More info.


Add to Portfolio Compare Print
  • Kraken Robotics has significant price volatility in the past 3 months.
2KQ Share Price and Events
7 Day Returns
-5.4%
DB:2KQ
1.6%
DE Electronic
1.8%
DE Market
1 Year Returns
448.9%
DB:2KQ
-0.2%
DE Electronic
-6%
DE Market
2KQ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Kraken Robotics (2KQ) -5.4% -14.4% 53.4% 448.9% - -
DE Electronic 1.6% 7% 19.8% -0.2% 98.5% 105%
DE Market 1.8% 4.6% 7.4% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • 2KQ outperformed the Electronic industry which returned -0.2% over the past year.
  • 2KQ outperformed the Market in Germany which returned -6% over the past year.
Price Volatility
2KQ
Industry
5yr Volatility vs Market

2KQ 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 €0.494.
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
DB:2KQ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.03
TSXV:PNG Share Price ** TSXV (2019-04-18) in CAD CA$0.74
Germany Electronic Industry PE Ratio Median Figure of 13 Publicly-Listed Electronic Companies 23.37x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

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

** Primary Listing of Kraken Robotics.

DB:2KQ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.74 ÷ -0.03

-24.77x

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 DE Electronic industry average.
  • Kraken Robotics is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Kraken Robotics's expected growth come at a high price?
Raw Data
DB:2KQ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -24.77x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
Germany Electronic Industry PEG Ratio Median Figure of 12 Publicly-Listed Electronic Companies 2.1x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*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
DB:2KQ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.02
TSXV:PNG Share Price * TSXV (2019-04-18) in CAD CA$0.74
Germany Electronic Industry PB Ratio Median Figure of 19 Publicly-Listed Electronic Companies 2.57x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:2KQ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.74 ÷ 0.02

42.62x

* 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 DE 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.

2KQ Future Performance

 How is Kraken Robotics expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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
130.5%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is Kraken Robotics expected to grow at an attractive rate?
  • Kraken Robotics's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Kraken Robotics's earnings growth is expected to exceed the Germany market average.
  • Kraken Robotics's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:2KQ Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:2KQ Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 130.5%
DB:2KQ Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 80.6%
Germany Electronic Industry Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Electronic Industry Revenue Growth Rate Market Cap Weighted Average 7.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
DB:2KQ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:2KQ Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 33 2
2019-12-31 13 2
2018-12-31 7 2
DB:2KQ Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
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
2016-03-31 2 -1 -1
2015-12-31 2 0 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Kraken Robotics's earnings are expected to grow significantly at over 20% yearly.
  • 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
DB:2KQ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Kraken Robotics Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2KQ Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.06 0.08 0.04 2.00
2019-12-31 -0.01 0.00 -0.01 2.00
2018-12-31 -0.02 -0.02 -0.02 2.00
DB:2KQ Past Financials Data
Date (Data in CAD Millions) EPS *
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
2016-03-31 -0.02
2015-12-31 -0.03

*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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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 5/6, 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.

2KQ 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 DE 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 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2KQ Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
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 DE 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.

2KQ 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's short term (1 year) commitments are greater than 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 8.8x 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 6 months ago.

DB:2KQ Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
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 (26.3%) 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 59.2% 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 3/6, 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.

2KQ 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 €2,000 of Kraken Robotics shares you are expected to receive €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
DB:2KQ 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 2 Analyst Estimates (S&P Global) See Below
Germany Electronic Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

DB:2KQ Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
2018-12-31

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 0.8%) - 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.

2KQ 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$189,533
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 lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Kraken Robotics management team in years:

3.8
Average Tenure
  • The tenure for the Kraken Robotics management team is about average.
Management Team

Karl Kenny

TITLE
President
COMPENSATION
CA$190K

Greg Reid

TITLE
CFO & Corporate Secretary
COMPENSATION
CA$230K
TENURE
3.8 yrs

Sean Chapman

TITLE
Chief Sonar Engineer
TENURE
6.3 yrs

Jeremy Dillon

TITLE
Chief Scientist
TENURE
0.8 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:

2.5
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$190K
TENURE
4.2 yrs

Moya Cahill

TITLE
Independent Director
TENURE
4.2 yrs

Larry Puddister

TITLE
Independent Director
TENURE
2.5 yrs

Shaun McEwan

TITLE
Independent Director
TENURE
2.3 yrs

Mike Connor

TITLE
Director
COMPENSATION
CA$44K
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
27. Dec 18 Buy Ocean Infinity Ltd. Company 20. Dec 18 20. Dec 18 2,500,000 €0.26 €647,923
29. Aug 18 Buy Ocean Infinity Ltd. Company 24. Aug 18 24. Aug 18 1,500,000 €0.20 €297,022
29. Aug 18 Sell Karl Kenny Individual 24. Aug 18 24. Aug 18 -1,500,000 €0.20 €-297,022
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.

2KQ News

Simply Wall St News

2KQ Company Info

Description

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. The company offers AquaPix, an interferometric synthetic aperture sonar for use in onboard autonomous underwater vehicles, remotely operated tow vehicles, remotely operated vehicles, and tow bodies; real time synthetic aperture sonar (SAS) image processors; Aquatrak, a speed sensor; and SeaVision, a 3D laser system for underwater vehicles. It also provides DataPod, a removable data storage module for marine applications; and KATFISH, an intelligent towed SAS system. Kraken Robotics Inc. has strategic partnerships with Defence Research and Development Canada; U.S. Navy’s Naval Sea Systems Command (NAVSEA); the UK Ministry of Defence; ECA Robotics; and others. The company was formerly known as Kraken Sonar Inc. and changed its name to Kraken Robotics Inc. in September 2017. Kraken Robotics Inc. was founded in 2012 and is headquartered in St. John’s, Canada.

Details
Name: Kraken Robotics Inc.
2KQ
Exchange: DB
Founded: 2012
CA$67,334,871
137,025,820
Website: http://www.krakenrobotics.com
Address: Kraken Robotics Inc.
430 Water Street,
Suite 100,
St. John’s,
Newfoundland and Labrador, A1C 1E2,
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
50
Kraken Robotics employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 22:03
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/01/08
Last earnings filing: 2018/11/30
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.