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Kraken Robotics Reports Strong Financial Growth
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Kraken Robotics Reports Strong Financial Growth

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Kraken Robotics Systems Inc (TSE:PNG) has released an update.

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Kraken Robotics Inc. has reported a significant year-to-date revenue increase of 52% to $63 million, alongside a 64% rise in adjusted EBITDA to $14 million, showcasing robust financial growth. The company’s impressive performance is further highlighted by a 117% increase in net income, reflecting its strong market position and operational efficiency.

For further insights into TSE:PNG stock, check out TipRanks’ Stock Analysis page.

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