Kraken Robotics Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	101.93	91.29	69.58	40.91	25.63	12.27
Revenue Growth (YoY)	11.77%	31.20%	70.09%	59.62%	108.79%	-18.96%
Cost of Revenue	44.98	46.6	35.63	23.87	14.31	6.45
Gross Profit	56.94	44.69	33.96	17.04	11.32	5.82
Selling, General & Admin	29.44	19.83	16.4	11.51	7.45	7.96
Research & Development	5.05	4.17	3.47	0.63	1.72	0.55
Operating Expenses	44.48	30.67	25.18	17.72	12.52	10.27
Operating Income	12.47	14.03	8.78	-0.68	-1.2	-4.45
Interest Expense	-3.51	-2.44	-1.48	-1.98	-1.3	-0.37
Interest & Investment Income	2.12	0.69	-	-	-	-
Currency Exchange Gain (Loss)	0.32	-0.04	-0.98	-0.3	0.03	-0.36
EBT Excluding Unusual Items	11.4	12.24	6.33	-2.96	-2.47	-5.19
Merger & Restructuring Charges	-2.03	-0.21	-1.13	-0.85	-0.82	-
Impairment of Goodwill	-	-	-2.76	-	-	-
Gain (Loss) on Sale of Assets	-	0	-0	-0.21	-	-0.04
Other Unusual Items	-	-	3.89	-1.28	-0.36	-
Pretax Income	9.37	12.03	6.32	-5.3	-3.64	-5.22
Income Tax Expense	-7.11	-8.06	0.78	-1.06	-0.11	-0.01
Earnings From Continuing Operations	16.48	20.09	5.55	-4.24	-3.54	-5.21
Net Income	16.48	20.09	5.55	-4.24	-3.54	-5.21
Net Income to Common	16.48	20.09	5.55	-4.24	-3.54	-5.21
Net Income Growth	83.13%	262.23%	-	-	-	-
Shares Outstanding (Basic)	271	227	206	201	182	152
Shares Outstanding (Diluted)	278	231	207	201	182	152
Shares Change (YoY)	27.62%	11.67%	2.98%	10.28%	20.14%	3.23%
EPS (Basic)	0.06	0.09	0.03	-0.02	-0.02	-0.03
EPS (Diluted)	0.06	0.09	0.03	-0.02	-0.02	-0.03
EPS Growth	45.30%	228.19%	-	-	-	-
Free Cash Flow	-28.08	-15.19	0.87	0.09	-16.5	0.84
Free Cash Flow Per Share	-0.10	-0.07	0.00	-	-0.09	0.01
Gross Margin	55.87%	48.95%	48.80%	41.65%	44.16%	47.44%
Operating Margin	12.23%	15.37%	12.61%	-1.67%	-4.67%	-36.26%
Profit Margin	16.17%	22.00%	7.97%	-10.37%	-13.80%	-42.46%
Free Cash Flow Margin	-27.55%	-16.64%	1.25%	0.23%	-64.40%	6.85%
EBITDA	19.34	19.75	13.72	3.02	0.87	-3.68
EBITDA Margin	18.97%	21.64%	19.71%	7.38%	3.40%	-30.01%
D&A For EBITDA	6.87	5.73	4.94	3.7	2.07	0.77
EBIT	12.47	14.03	8.78	-0.68	-1.2	-4.45
EBIT Margin	12.23%	15.37%	12.61%	-1.67%	-4.67%	-36.26%
Effective Tax Rate	-	-	12.28%	-	-	-
Revenue as Reported	10.63	-	-	-	25.63	12.27

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.