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Nauticus Robotics (KITT)
NASDAQ:KITT
US Market

Nauticus Robotics (KITT) AI Stock Analysis

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Nauticus Robotics

(NASDAQ:KITT)

39Underperform
Nauticus Robotics' overall stock score is heavily affected by its challenging financial performance, with significant declines in revenue and negative cash flow. While recent corporate events and strategic shifts provide a hopeful outlook, the current financial instability and weak technical indicators keep the score low.

Nauticus Robotics (KITT) vs. S&P 500 (SPY)

Nauticus Robotics Business Overview & Revenue Model

Company DescriptionNauticus Robotics, Inc. (KITT) is a company operating within the marine technology and robotics sector. It specializes in developing advanced robotic systems and software solutions designed for autonomous operations in underwater environments. The company's core offerings include robotic hardware, such as autonomous underwater vehicles (AUVs) and remotely operated vehicles (ROVs), as well as software platforms that enhance the functionality and efficiency of these systems. Nauticus Robotics aims to revolutionize the way ocean-related tasks are performed, focusing on sustainability and efficiency.
How the Company Makes MoneyNauticus Robotics generates revenue primarily through the sale and leasing of its robotic systems and associated software solutions. The company targets industries such as offshore energy, defense, and scientific research, where there is a growing demand for advanced underwater technology. Key revenue streams include direct sales of robotic platforms, subscription or licensing fees for software utilization, and service contracts for maintenance and support. Additionally, Nauticus Robotics may form strategic partnerships with industry leaders to enhance its market reach, as well as engage in joint ventures to develop specialized applications for its technology. These collaborations can provide additional revenue opportunities and contribute significantly to the company's earnings.

Nauticus Robotics Financial Statement Overview

Summary
Nauticus Robotics is facing substantial financial difficulties, with negative revenue growth, high leverage, and negative cash flow, indicating significant profitability and liquidity challenges.
Income Statement
25
Negative
Nauticus Robotics has been experiencing declining revenue and profit margins. The TTM data shows a negative gross profit margin, net profit margin, and EBIT margin, indicating significant profitability issues. Revenue growth is negative over the past year, reflecting challenges in expanding sales.
Balance Sheet
20
Very Negative
The company's balance sheet reveals high leverage with a negative equity position, as evidenced by the negative stockholders' equity and high debt levels. The debt-to-equity ratio is not calculable due to negative equity, presenting a risk of financial instability. The equity ratio is negative, highlighting a concerning capital structure.
Cash Flow
30
Negative
Nauticus Robotics shows negative free cash flow and operating cash flow, indicating cash burn issues. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is unfavorable, reflecting difficulties in generating sufficient cash from operations to cover losses.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
2.40M6.61M11.43M8.59M3.99M5.82M
Gross Profit
-10.33M-5.32M-428.90K1.74M-65.55K-1.11M
EBIT
-22.36M-55.10M-18.38M-6.52M-8.74M-9.64M
EBITDA
-51.10M-44.87M-24.03M-4.55M-8.34M-9.28M
Net Income Common Stockholders
-55.86M-50.69M-9.91B-17.45M-8.87M-9.34M
Balance SheetCash, Cash Equivalents and Short-Term Investments
955.22K753.40K22.75M20.95M3.30M5.26M
Total Assets
26.15M26.15M52.60M25.17M5.33M8.34M
Total Debt
32.42M32.42M16.42M28.78M4.64M1.96M
Net Debt
31.46M31.66M-1.37M7.83M1.34M-2.30M
Total Liabilities
67.94M67.94M52.58M31.78M6.76M3.00M
Stockholders Equity
-41.79M-41.79M27.82K-6.61M-1.43M5.35M
Cash FlowFree Cash Flow
-40.84M-33.32M-51.52M-6.85M-4.50M-8.79M
Operating Cash Flow
-39.13M-21.69M-37.27M-5.92M-4.50M-8.40M
Investing Cash Flow
-837.00K-6.59M-19.21M-922.49K996.48K10.49M
Financing Cash Flow
44.47M11.25M53.32M24.50M2.54M0.00

Nauticus Robotics Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.09
Price Trends
50DMA
1.08
Positive
100DMA
1.42
Negative
200DMA
1.68
Negative
Market Momentum
MACD
-0.03
Negative
RSI
53.24
Neutral
STOCH
59.94
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KITT, the sentiment is Positive. The current price of 1.09 is above the 20-day moving average (MA) of 0.99, above the 50-day MA of 1.08, and below the 200-day MA of 1.68, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 53.24 is Neutral, neither overbought nor oversold. The STOCH value of 59.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KITT.

Nauticus Robotics Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
$4.27B11.405.38%214.63%4.11%-8.98%
PLPL
55
Neutral
$1.02B-25.68%10.72%16.19%
49
Neutral
$4.72B-95.88%17.43%
42
Neutral
$29.29M-114.28%-21.64%86.28%
39
Underperform
$38.32M153.01%-72.64%30.43%
38
Underperform
$9.94M688.16%-31.56%94.00%
25
Underperform
$290.02M115.25%23.26%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
KITT
Nauticus Robotics
1.09
-6.09
-84.82%
MNTS
Momentus
1.89
-4.95
-72.37%
EVTL
Vertical Aerospace
3.86
-3.96
-50.64%
ACHR
Archer Aviation
8.59
4.52
111.06%
PL
Planet Labs PBC
3.39
1.65
94.83%
SIDU
Sidus Space, Inc. Class A
1.60
-1.83
-53.35%

Nauticus Robotics Earnings Call Summary

Earnings Call Date: Apr 15, 2025 | % Change Since: 3.81% | Next Earnings Date: May 19, 2025
Earnings Call Sentiment Neutral
Nauticus Robotics demonstrated significant progress in transitioning to commercial operations and expanding market opportunities, despite financial challenges and a revenue decline. The company's strategic acquisitions and technological advancements position it well for future growth.
Highlights
Transition to Commercial Operations
2024 marked Nauticus Robotics' shift from a research and development company to a commercial revenue-generating organization. This includes the inaugural offshore operations for the Aquanaut vehicle.
ToolKITT Software Expansion
Successful confirmation of ToolKITT software operation on SeaTrepid ROVs, opening sales to ROV operators for the first time.
Launch of Autonomous Manipulators
Development of the Olympic Arm variant for the Aquanaut vehicle, making it the first autonomous underwater vehicle with autonomous manipulators.
Successful Acquisition of SeaTrepid
The acquisition provides access to a broader customer base and reduces customer concentration, aiding the transition to commercial operations.
Government Sector Breakthrough
Signing an alliance with Leidos to address challenges in the defense sector, offering longer lead times and greater stability than commercial contracts.
Positive Financial Developments
Successful deleveraging of the balance sheet and regaining NASDAQ compliance. The company is in a strong position to continue commercialization efforts in 2025.
Strong Offshore Market Prospects
2025 is shaping up to be one of the busiest offshore markets, with firm contracts and significant demand for the company's autonomous technology.
Lowlights
Revenue Decline
2024 revenue decreased by $4.8 million from the previous year, largely due to a reduction in government contracts.
Restatement of Financials
Restatement of 2024 financial statements due to a correction of accounting treatment for a complex Q1 2024 debt transaction.
Significant Net Loss
Net loss for 2024 was $134.9 million, an increase of $84.2 million from the previous year, primarily due to a $127.6 million loss on extinguishment of debt.
Company Guidance
In the Nauticus Robotics 2024 Q4 and Full Year Earnings Conference Call, the company provided guidance indicating a significant transformation from a research and development entity to a commercial revenue-generating company. For 2025, Nauticus anticipates substantial revenue growth, projecting over $16 million, with potential upside if additional assets are deployed. The company highlighted the successful commercial operations of the Aquanaut vehicle, which generated revenue for the first time in 2024, despite a decline in total revenue to $1.8 million due to reduced government contracts. Operating expenses were reduced by $36.8 million, leading to an adjusted net loss improvement of $8.2 million. Nauticus also emphasized the acquisition of SeaTrepid as a strategic move to enhance offshore operations, leveraging existing customer relationships to reduce customer concentration and expand market reach. The company plans to capitalize on a robust offshore market in 2025, driven by increased demand for subsea services, with the Aquanaut expected to play a pivotal role in reducing operational costs through autonomy.

Nauticus Robotics Corporate Events

Executive/Board ChangesBusiness Operations and Strategy
Nauticus Robotics Increases CEO Compensation Package
Positive
Apr 2, 2025

On March 27, 2025, Nauticus Robotics, Inc. announced a modification in the cash compensation for its CEO, John W. Gibson, Jr., increasing his base salary from $250,000 to $350,000 annually, effective March 29, 2025. Additionally, Mr. Gibson received a bonus for fiscal 2024 performance and a special retention bonus, highlighting the company’s commitment to retaining key leadership and potentially impacting its operational stability and strategic direction.

M&A TransactionsBusiness Operations and Strategy
Nauticus Robotics to Acquire SeaTrepid International
Positive
Mar 5, 2025

On March 5, 2025, Nauticus Robotics announced its intent to acquire SeaTrepid International, a provider of subsea robotic services, for $16 million. This strategic acquisition is expected to significantly enhance Nauticus’ market position by integrating its AI-driven autonomy software with SeaTrepid’s ROV fleet, potentially increasing the combined company’s revenue by nine times compared to standalone Nauticus in 2024. The acquisition is anticipated to drive operational synergies and unlock new service opportunities, benefiting both customers and shareholders.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.