Kraken Robotics Inc (KRKNF)

[spec machine]

There seems to be a real market valuation disconnect here

$160M USD market cap
Projected revenue ~$160M for fiscal ‘24
Total assets >$70M
Solid margins and profitability
Best in Class products
CRADA
Multiple nations purchased large orders including spares and training support
VERY strong ramp in government/military pursuit of subsea equipment and services

Currently trading at 1.5X fiscal 2024 revenue

Not yet getting the market sentiment that it deserves

Not sure what will change that, but it will change

Cheers

spec