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The Inflation Report Doesn't Really Change Anything

The Inflation Report Doesn't Really Change Anything
seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.

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Kraken Reports Record 2021 Financial Results

Q4 Revenue of $15.0 million and Adjusted EBITDA of $3.0 million Annual Revenue Increases by 109% ST. JOHN’S, Newfoundland, April 28, 2022 (GLOBE...

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Kraken Reports 2020 Financial Results TSX Venture Exchange:PNG

( 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.

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