Latest Breaking News On - Pangeo subsea inc - Page 2 : comparemela.com

( MENAFN - GlobeNewsWire - Nasdaq S)T. JOHN S, Newfoundland, April 26, 2021 (GLOBE NEWSWIRE) Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada s Ocean Company, announced it has filed its financial results for the quarter and year ended December 31, 2020. Additional information concerning the Company, including its consolidated financial statements and related management s discussion and analysis ( MD & A ) for the quarter and year ended December 31, 2020, can be found at . Unless otherwise stated, all dollar amounts are Canadian dollar denominated. 2020 Financial Highlights Revenue for the year ended December 31, 2020 was $12.3 million versus $15.1 million in the prior year. The year-over-year decline was mainly due to the delivery of a large battery order in the previous year which was not repeated this year. Key revenue components in 2020 were KATFISH™ 180 towed sonars, AquaPix® MINSAS, and SeaPower™ batteries.

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