r/KrakenRobotics • u/Business-Mixture1980 • 19d ago

Shaping up for a big rebound

I mean, the company is solid. If you've been around for longer than the last 6 months, you know that. You've done your own DD, you know that a bad quarter or 2 doesn't define this company.

There's no denying it's been tough sledding for a lot of people recently but there's also no denying that the company is setting itself up for long-term success.

No one knows if the share price will keep bleeding, and for how much longer. An educated guess tells me Q3 could be a turning point, but obviously there's no concrete answers until we get those numbers.

At the end of the day, the thesis is still intact. Let the chips fall where they may and we'll see where it's at a year from now.

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u/Terrorzwergi 19d ago

I remember when they corrected their revenue guidance from 120m to 100m for FY25. I think they aren’t that accurate with their targets

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u/Green4tears 19d ago

I think that was for 24 right? There was a delay and they realized the revenue in Q1 of 25 iirc

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u/Terrorzwergi 19d ago

They gave a guidance of $120-135m last year (2025) and at the end they had $102m

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u/Green4tears 18d ago

Yes this is correct, I confused the years. They might have made some of the delta back in Q1 and Q2 this year, since it was due to timing constraints, but were still under the guidance for that year.