Kraken Robotics

Kraken Robotics stock has fallen about 55% from its 2026 high following the CA$615 million Covelya acquisition amid investor concerns over integration risks. Q2 revenue rose only 4% year‑over‑year to CA$27.3 million, including a CA$1.5 million revenue reversal and a CA$7.5 million loss provision tied to an arbitration matter, while adjusted net income declined. Management said growth will be heavily weighted to Q4 and the company has yet to report a quarter including Covelya contributions, leaving investors waiting for clearer visibility. Longer term, new long‑term battery supply agreements and Anduril production ramp could drive substantial sales if execution proceeds as planned. » Mais em finance.yahoo.com

Kraken Robotics reported Q2 2026 revenue of CAD 27.32 million and EPS of $0.00, slightly below analyst estimates. The company is integrating the acquired Covelya Group, which caused a revenue reversal of CAD 1.5 million; management expects no further reversals. Gross margin remained stable at 59%, adjusted EBITDA rose to CAD 5 million, and liquidity stood at just over CAD 91 million. Kraken confirmed its 2026 guidance (revenue CAD 209–320 million, adjusted EBITDA CAD 65–75 million) and sees growth opportunities from Covelya, while execution of KATFISH contracts was named a key risk. » Mais em de.investing.com

After Binance’s exit from Europe, the US crypto exchange Kraken is running its largest overseas advertising campaign to date and has appointed Lukas Podolski as brand ambassador to attract thousands of retail investors. The goal is to double revenue within a year and position itself for a potential IPO. For the expansion, Kraken currently employs only a single staff member in Germany, casting doubt on the ambitions from a personnel perspective. » Mais em manager-magazin.de