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	33.64	20.99	17.91	13.16	8.7	8.62
Depreciation & Amortization Expenses	7.82	5.73	4.94	4.78	2.91	1.1
Research & Development	7.48	6.23	4.49	1.26	2.31	1.2
Other Operating Expenses	-2.43	-2.07	1.74	-0.63	-0.59	-0.65
Total Operating Expenses	46.5	30.88	29.07	18.57	13.33	10.27
Operating Income	10.44	13.82	4.89	-1.53	-2.02	-4.45
Interest Income	2.12	0.69	-	-	-	-
Interest Expense	-4.97	-2.44	-1.63	-3.26	-1.66	-0.37
Other Non-Operating Income (Expense)	-0.17	0.04	5.02	0.51	-0.03	0.4
Total Non-Operating Income (Expense)	-3.03	-1.71	3.39	-2.75	-1.69	0.03
Pretax Income	9.37	12.03	6.32	-5.3	-3.64	-5.22
Provision for Income Taxes	-7.11	-8.06	0.78	-1.06	0.11	0.01
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)	276	231	207	201	182	152
Shares Change (YoY)	26.44%	11.67%	2.98%	10.28%	20.14%	3.23%
EPS (Basic)	0.07	0.09	0.03	-0.02	-0.02	-0.03
EPS (Diluted)	0.07	0.09	0.03	-0.02	-0.02	-0.03
EPS Growth	40.00%	200.00%	-	-	-	-
Shares Outstanding	262.98	262.69	206.49	201.52	201.19	167.82
Free Cash Flow	-28.08	-15.19	0.87	0.09	-16.5	0.84
Free Cash Flow Growth	-	-	835.48%	-	-	-
Free Cash Flow Per Share	-0.10	-0.07	0.00	0.00	-0.09	0.01
Gross Margin	55.87%	48.96%	48.80%	41.65%	44.16%	47.44%
Operating Margin	10.24%	15.13%	7.02%	-3.75%	-7.86%	-36.26%
Profit Margin	16.17%	22.01%	7.97%	-10.37%	-13.80%	-42.46%
FCF Margin	-27.55%	-16.64%	1.25%	0.23%	-64.40%	6.85%
EBITDA	18.26	19.54	9.83	3.25	0.9	-3.35
EBITDA Margin	17.91%	21.40%	14.12%	7.94%	3.51%	-27.26%
EBIT	10.44	13.82	4.89	-1.53	-2.02	-4.45
EBIT Margin	10.24%	15.13%	7.02%	-3.75%	-7.86%	-36.26%
Effective Tax Rate	-75.92%	-67.02%	12.27%	19.97%	-2.91%	-0.24%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.