Not bad but the net loss gives an excuse to MMs to take a morning dip
It would help if the US side had better newsfeed exposure on releases
Very strong numbers, especially with the lag from building inventory and the inevitable bulge in accounts receivable during rapid scaling
All in, the future is extremely bright for Kraken and they’ve validated their scalability from a small custom part supplier to a major defense contractor AND a world leader in a very hot subsea services sector
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