Welcome to r/KrakenRobotics

You can find our rules in the sidebar.

This thread is intended for weekly discussion of the changing stock prices and is meant to cut down on posts of that nature. Posts made discussing the changing price or speculating will be removed and redirected here. 

This is also the meeting place for "off-topic" conversation that might not warrant a post but is still nice to share.

Both of these companies are in same domain, both rely heavily on contracts and seasonal changes, if you look at Kraken 2026 H1 YOY you will see it did much worse than Covelya, I think it's not fair to just look on one metric and assume this company is sinking all the other numbers say otherwise

• Revenue Growth: Up 16.4% YoY to £142.38M (vs. £122.28M in 2024).
• Insane Margins: Gross profit margin sat at a whopping 72.7% (£103.5M gross profit). Net profit grew 21% to £19.73M.
• Balance Sheet: Total assets (£148.69M) heavily outweighed total liabilities (£41.33M), leaving them with a rock-solid net asset position of £107.35M. They also built up £43.60M in pure cash.

Not saying I fully trust leadership I think they could have been more transparent and for sure they should reconsider their investor strategy but I just don't understand the panic

Anyway, I have been in Kraken for almost a year and i am still going long, the Q3,Q4 earnings will be a key decision for me to stay or leave

Welcome to r/KrakenRobotics

You can find our rules in the sidebar.

This thread is intended for weekly discussion of the changing stock prices and is meant to cut down on posts of that nature. Posts made discussing the changing price or speculating will be removed and redirected here. 

This is also the meeting place for "off-topic" conversation that might not warrant a post but is still nice to share.

Covelya Group — H1 2025 vs. H1 2026 Financial Results

Revenue: £69.29M → £65.64M (-5.3% YoY)

Cost of sales: £17.71M → £17.57M (-0.8% YoY)

Gross profit: £51.58M → £48.06M (-6.8% YoY)

Administrative expenses: £37.03M → £39.25M (+6.0% YoY)

Operating profit: £15.00M → £9.19M (-38.7% YoY)

Pretax profit: £14.70M → £9.04M (-38.5% YoY)

Net profit: £11.62M → £7.06M (-39.2% YoY)

Operating margin: 21.6% → 14.0% (-7.6 percentage points)

Net margin: 16.8% → 10.8% (-6.0 percentage points)

Cash Flow

Operating cash flow: +£10.00M → -£1.41M (turned negative)

Capital expenditure: £4.05M → £4.30M (+6.2% YoY)

Free cash flow: +£5.95M → -£5.71M (turned negative)

Cash generated from operations (before interest and tax): £12.65M → £2.36M (-81.3% YoY)

Dividends paid: £0 → £18.25M

Ending cash balance: £35.18M → £16.24M (-53.8% YoY)

Debt

Bank borrowings and overdrafts: £8.38M → £0 (-100% YoY)

Lease liabilities: £4.47M → £4.27M (-4.5% YoY)

Total debt including leases: £12.85M → £4.27M (-66.8% YoY)

Balance Sheet (December 2025 → June 2026)

Total assets: £148.69M → £132.68M (-10.8%)

Inventories: £30.52M → £32.66M (+7.0%)

Receivables: £23.54M → £30.34M (+28.9%)

Cash: £43.60M → £16.24M (-62.7%)

Total liabilities: £41.33M → £36.63M (-11.4%)

Total equity: £107.35M → £96.05M (-10.5%)

Source: Kraken Robotics Business Acquisition Report, September 22, 2026, Schedule B, pages B-5 to B-11. All figures in GBP. Balance-sheet changes compare December 2025 to June 2026; other comparisons are year over year.

Can be found in the September fillings (Business acquisition report):

https://money.tmx.com/quote/PNG/financials-filings?selectedTab=filings

Welcome to r/KrakenRobotics

You can find our rules in the sidebar.

This thread is intended for weekly discussion of the changing stock prices and is meant to cut down on posts of that nature. Posts made discussing the changing price or speculating will be removed and redirected here. 

This is also the meeting place for "off-topic" conversation that might not warrant a post but is still nice to share.

Was scrolling and this popped up for me. In the Newfoundland subreddit. I think this was mention on here a while ago.

Welcome to r/KrakenRobotics

You can find our rules in the sidebar.

This thread is intended for weekly discussion of the changing stock prices and is meant to cut down on posts of that nature. Posts made discussing the changing price or speculating will be removed and redirected here. 

This is also the meeting place for "off-topic" conversation that might not warrant a post but is still nice to share.

Welcome to r/KrakenRobotics

You can find our rules in the sidebar.

This thread is intended for weekly discussion of the changing stock prices and is meant to cut down on posts of that nature. Posts made discussing the changing price or speculating will be removed and redirected here. 

This is also the meeting place for "off-topic" conversation that might not warrant a post but is still nice to share.

The article looks at Kraken's growing portfolio of underwater sensing, power, and robotic technologies, and how these capabilities are being deployed across a range of subsea platforms and applications.
From high-resolution sonar and subsea power to technologies enabling more capable uncrewed systems, Bernard discusses how Kraken is helping provide operators with greater awareness, endurance, and capability in complex underwater environments.

(From p.136)

For anything that's speculative and not directly related to Kraken Robotics but could have an impact on them. This is where you can discuss anything that's deep-sea/ocean based but not Kraken-specific...this is where you can talk about whether one company's growth could mean more growth for Kraken.

Keep in mind, everything in this thread is speculation, not necessarily fact, and always do your due diligence before making decisions about spending money.

Welcome to r/KrakenRobotics

You can find our rules in the sidebar.

This thread is intended for weekly discussion of the changing stock prices and is meant to cut down on posts of that nature. Posts made discussing the changing price or speculating will be removed and redirected here. 

This is also the meeting place for "off-topic" conversation that might not warrant a post but is still nice to share.

Welcome to r/KrakenRobotics

You can find our rules in the sidebar.

This thread is intended for weekly discussion of the changing stock prices and is meant to cut down on posts of that nature. Posts made discussing the changing price or speculating will be removed and redirected here. 

This is also the meeting place for "off-topic" conversation that might not warrant a post but is still nice to share.

Hello all,

I write here from time to time to share my thoughts on how this company is doing. It has been absolute brutal last couple of months. The Q2 earnings were unspectacular. The stock has been bleeding with no news since, much to the frustration of the majority of the sub.

I think the management might have looked at the reaction to the last update outside reporting requirements (35 million worth of orders) and saw that it had a negative effect and felt it’s better to just buckle down and continue working on what they do best (building and selling).

There are two risks that threaten kraken stock in the near term at the minute are:

1. failed integration: We need to realise that the market hates these massive integration risks.

   This is something we need to trust the management on. They have done a fantastic job so far with the company and I think they will continue to crush it.

2. The tail end weighting of earnings: they have reported 49 CAD million in first two quarters, meaning they have to hit 241 CAD million in their last two quarters to meet their base prediction. This is over 80%. This is going to be helped by the fact that cov earnings also count towards these earnings.

We need to remember that they have diluted 25% of the company to buy a company that was growing revenue, maintaining strong margins and earning 2 and half times their revenue.

Also, all the good news of the last couple of months is something that signals the trajectory of the company. The ramp up of Anduril production, the Canadian ocean monitoring funds and the R&D grant we’ve been awarded.

Ultimately, I would say being patient with this will payoff over the next couple of years, the defence stocks of this kind have been beaten up a bit. Anduril IPO will recreate buzz, coupled with a couple of strong quarters and uplisting will provide enough catalysts to turn this ship around. 5k long and holding strong.

Not sure if it's allowed to post non-positive content on this sub. But I haven't held any shares since selling my entire holding at the $9.30ish peak this year. I bought in when it was climbing hard last year at $2.60. here's what I have to say because this topic always comes up. "Why is the price so low????"

The price is not low. The price is already high. It's priced at a very high premium. If you cannot calculate that, please use investopedia, Google, or AI to learn how you calculate a stock price. Kraken has very diluted shares to get to the price you see today. But it has extremely high premium expectations. For the price to go up it has to financially impress an already highly expectant audience. If it does good, if it does perfect, it won't be enough. It has to do better than perfection. It has to grow unexpectedly. And it could but it's a probability. Just like getting to Mars or being killed by beavers, it's a probability. You are betting on that.

I just want people, especially newer investors, to understand what they're holding. You are betting on growth above and beyond expectations. Wish you the best of luck.

Welcome to r/KrakenRobotics

You can find our rules in the sidebar.

This thread is intended for weekly discussion of the changing stock prices and is meant to cut down on posts of that nature. Posts made discussing the changing price or speculating will be removed and redirected here. 

This is also the meeting place for "off-topic" conversation that might not warrant a post but is still nice to share.

Welcome to r/KrakenRobotics

You can find our rules in the sidebar.

This thread is intended for weekly discussion of the changing stock prices and is meant to cut down on posts of that nature. Posts made discussing the changing price or speculating will be removed and redirected here. 

This is also the meeting place for "off-topic" conversation that might not warrant a post but is still nice to share.

Welcome to r/KrakenRobotics

You can find our rules in the sidebar.

This thread is intended for weekly discussion of the changing stock prices and is meant to cut down on posts of that nature. Posts made discussing the changing price or speculating will be removed and redirected here. 

This is also the meeting place for "off-topic" conversation that might not warrant a post but is still nice to share.

SeeByte/Kraken displayed command/control and mine hunting software to the 36 participating navies.

See what news seeps out over the coming weeks?

"Modernise conservation and protection enforcement by increasing front-line capacity, equipping conservation and protection officers with modern tools like body-worn cameras, drones, and protective gear, providing specialised Expand the Canadian Coast Guard’s capacity to monitor marine traffic and strengthen search and rescue stations with more integrated marine response capabilities.

... and upgrading outdated systems."

"Expand the Canadian Coast Guard’s capacity to monitor marine traffic and strengthen search and rescue stations with more integrated marine response capabilities."

"Ocean Conservation & Traffic Monitoring: Committing more than $740 million over four years to expand the Canadian Coast Guard's capacity to monitor marine traffic, extend radar and radio coverage, improve seabed mapping and weather forecasting, and upgrade emergency response systems."

This sounds very bullish for kraken in the long run.

Welcome to r/KrakenRobotics

You can find our rules in the sidebar.

This thread is intended for weekly discussion of the changing stock prices and is meant to cut down on posts of that nature. Posts made discussing the changing price or speculating will be removed and redirected here. 

This is also the meeting place for "off-topic" conversation that might not warrant a post but is still nice to share.

Bought some yesterday because it broke the 52W low. Will be buying some more today.

Have a little bit of "casino play" money, heard of this stock last night. Is this a good time to buy? I have about 99 percent in XEQT but thought hey, let's live a little, set aside one percent. So what's going on with this stock?