Kraken Robotics Systems Inc (TSE:PNG) has released an update.
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Kraken Robotics Systems Inc. has showcased a robust financial performance for Q2 2024 with a substantial 67% revenue increase to $22.8 million and an impressive 79% rise in Adjusted EBITDA to $5.4 million. The company’s success is attributed to strong sales across key products such as subsea batteries, sonar systems, and their KATFISH technology.
For further insights into TSE:PNG stock, check out TipRanks’ Stock Analysis page.
