( MENAFN - GlobeNewsWire - Nasdaq
S)T. JOHN S, Newfoundland, April 26, 2021 (GLOBE NEWSWIRE) Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada s Ocean Company, announced it has filed its financial results for the quarter and year ended December 31, 2020. Additional information concerning the Company, including its consolidated financial statements and related management s discussion and analysis ( MD & A ) for the quarter and year ended December 31, 2020, can be found at . Unless otherwise stated, all dollar amounts are Canadian dollar denominated. 2020 Financial Highlights Revenue for the year ended December 31, 2020 was $12.3 million versus $15.1 million in the prior year. The year-over-year decline was mainly due to the delivery of a large battery order in the previous year which was not repeated this year. Key revenue components in 2020 were KATFISH™ 180 towed sonars, AquaPix® MINSAS, and SeaPower™ batteries.
Kraken Closes Acquisition of Brazilian Underwater Robotics Company streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Kraken Robotics to Present at Virtual Investor Conference
News provided by
Share this article
Share this article
ST. JOHN S, Newfoundland, April 13, 2021 /PRNewswire/ Kraken Robotics Inc. (TSX-V: PNG,OTCQB: KRKNF), Canada s Ocean Company, is pleased to announce that President & CEO Karl Kenny will present live at VirtualInvestorConferences.com on April 15, 2021. This will be a live, interactive online event where investors are invited to ask the Company questions. If attendees are not able to join the presentation, a replay will be available at the Technology Investor Conference website here. We are excited to share a number of updates with investors, said Karl Kenny. Corporate activity is vibrant as we execute on various mine-hunting system contracts for the Danish and Polish Navies. Our products pipeline has never been stronger and our recent news of entering into a LOI to acquire PanGeo SubSea sets the stage for accelerated growth of recurring service revenue. We
Kraken Enters into Letter of Intent to Acquire Subsea Services Company streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.