earnings
confidence high
sentiment positive
materiality 0.70
Nauticus Robotics Q1 revenue $0.2M, net loss $7.6M; completes SeaTrepid acquisition
Nauticus Robotics, Inc.
2025-Q1 EPS reported
-$0.28
revenue$165,256
- Revenue $0.2M vs $0.5M YoY; net loss $7.6M (EPS -$0.28) vs $72.8M in Q1 2024.
- Completed $14.4M acquisition of SeaTrepid on March 20, 2025; expects combined biz to exceed FY2024 revenue in H1 2025.
- Cash and equivalents $10.1M as of March 31, 2025, up from $1.2M at Dec 31, 2024; raised $19.4M via ATM offerings.
- Adjusted net loss $6.6M vs $6.4M prior year; G&A costs $4.3M vs $3.4M prior year.
- Operational milestones: one ROV on contract, two Aquanauts in testing; software release for work-class ROVs ready.