Kraken Robotics (Kraken Robotics) COGS-to-Revenue : 0.55 (As of Mar. 2024)

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What is Kraken Robotics COGS-to-Revenue?

Kraken Robotics's Cost of Goods Sold for the three months ended in Mar. 2024 was $8.52 Mil. Its Revenue for the three months ended in Mar. 2024 was $15.42 Mil.

Kraken Robotics's COGS to Revenue for the three months ended in Mar. 2024 was 0.55.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Kraken Robotics's Gross Margin % for the three months ended in Mar. 2024 was 44.77%.

Kraken Robotics COGS-to-Revenue Historical Data

The historical data trend for Kraken Robotics's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Kraken Robotics COGS-to-Revenue Chart

Kraken Robotics Annual Data

Trend

Sep14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.56

0.53

0.56

0.58

0.51

Kraken Robotics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.41	0.43	0.51	0.58	0.55

Kraken Robotics COGS-to-Revenue Calculation

Kraken Robotics's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	26.554	/	51.864
	=	0.51

Kraken Robotics's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8.517	/	15.422
	=	0.55

Kraken Robotics (OTCPK:KRKNF) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Kraken Robotics's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	8.517 / 15.422
	=	44.77 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Kraken Robotics COGS-to-Revenue Related Terms

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Kraken Robotics (Kraken Robotics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kraken Robotics Inc (OTCPK:KRKNF) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

2KQ:Germany PNG:Canada

Address

189 Glencoe Drive, Mount Pearl, NL, CAN, A1N 4P6

Website

https://www.krakenrobotics.com

Kraken Robotics Inc is a Canadian company engaged in the design, manufacture and sale of software-centric sensors and underwater robotic systems. It operates in the business segments of Sensors and Platforms which is the design, manufacture, and sale and provision of services for underwater sonar and laser scanner sensor equipment and underwater vehicle platform; and Power which is the design, manufacture, and sale of subsea power equipment such as drives, thrusters, and batteries. A majority of the revenue is derived from the Sensors and Platforms segment. Geographically, the group generates revenue from Canada, the United States, Europe and other countries.

Kraken Robotics (Kraken Robotics) Headlines

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