Kraken Robotics Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	102.21	91.29	69.58	40.91	25.63
Revenue Growth (YoY)	11.96%	31.20%	70.09%	59.62%	108.79%
Cost of Revenue	38.77	46.6	35.63	23.87	14.31
Gross Profit	63.45	44.69	33.96	17.04	11.32
Selling, General & Admin	39.5	20.99	17.91	13.16	8.7
Depreciation & Amortization Expenses	9.08	5.73	4.94	4.78	2.91
Research & Development	7.86	6.23	4.49	1.26	2.31
Other Operating Expenses	-1.55	-2.07	1.74	-0.63	-0.59
Total Operating Expenses	54.89	30.88	29.07	18.57	13.33
Operating Income	8.56	13.82	4.89	-1.53	-2.02
Interest Income	2.2	0.69	-	-	-
Interest Expense	-3.54	-2.44	-1.63	-3.26	-1.66
Other Non-Operating Income (Expense)	1.1	0.04	5.02	0.51	-0.03
Total Non-Operating Income (Expense)	-0.24	-1.71	3.39	-2.75	-1.69
Pretax Income	6.13	12.03	6.32	-5.3	-3.64
Provision for Income Taxes	6.53	-16.12	0.78	-1.06	0.11
Net Income	2.86	20.09	5.55	-4.24	-3.54
Net Income to Common	2.86	20.09	5.55	-4.24	-3.54
Net Income Growth	-85.76%	262.23%	-	-	-
Shares Outstanding (Basic)	284	227	206	201	182
Shares Outstanding (Diluted)	294	231	207	201	182
Shares Change (YoY)	27.14%	11.67%	2.98%	10.28%	20.14%
EPS (Basic)	0.01	0.09	0.03	-0.02	-0.02
EPS (Diluted)	0.01	0.09	0.03	-0.02	-0.02
EPS Growth	-88.89%	200.00%	-	-	-
Shares Outstanding	283.94	227.37	206.49	201.52	201.19
Free Cash Flow	-25.01	-15.19	0.87	0.09	-16.5
Free Cash Flow Growth	-	-	835.48%	-	-
Free Cash Flow Per Share	-0.09	-0.07	0.00	0.00	-0.09
Gross Margin	62.07%	48.95%	48.80%	41.65%	44.16%
Operating Margin	8.37%	15.13%	7.02%	-3.75%	-7.86%
Profit Margin	2.80%	22.01%	7.97%	-10.37%	-13.80%
FCF Margin	-24.47%	-16.64%	1.25%	0.23%	-64.40%
EBITDA	17.63	19.54	9.83	3.25	0.9
EBITDA Margin	17.25%	21.40%	14.12%	7.94%	3.51%
EBIT	8.56	13.82	4.89	-1.53	-2.02
EBIT Margin	8.37%	15.13%	7.02%	-3.75%	-7.86%
Effective Tax Rate	106.63%	-134.04%	12.27%	19.97%	-2.91%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.