Kraken Robotics (Kraken Robotics) Current Deferred Revenue : $4.96 Mil (As of Mar. 2024)

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What is Kraken Robotics Current Deferred Revenue?

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

Kraken Robotics's current deferred revenue for the quarter that ended in Mar. 2024 was $4.96 Mil.

Kraken Robotics Current Deferred Revenue Historical Data

The historical data trend for Kraken Robotics's Current Deferred 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 Current Deferred Revenue Chart

Kraken Robotics Annual Data

Trend

Sep14

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Current Deferred Revenue

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1.86

6.84

3.62

8.70

8.09

Kraken Robotics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Current Deferred Revenue	Get a 7-Day Free Trial															8.70	15.42	10.72	8.09	4.96

Kraken Robotics Current Deferred 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 » Current Deferred Revenue

Comparable Companies

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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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Kraken Robotics Presenting at the Planet MicroCap Showcase: VANCOUVER 2023

By ACCESSWIRE • 09-06-2023

LeeWay Marine Completes Successful Trials of Kraken's SeaScout System

By GlobeNewswire GlobeNewswire • 04-03-2019

Kraken Signs $36 Million Danish Navy Contract

By GlobeNewswire GlobeNewswire • 09-08-2020

Kraken Robotics Stock Is Estimated To Be Modestly Undervalued

By GF Value • 07-12-2021

Kraken to Supply Minehunting Systems to Polish Navy

By GlobeNewswire GlobeNewswire • 09-08-2020