m_and_a
confidence high
sentiment positive
materiality 0.50
Nauticus Robotics files audited financials of acquired SeaTrepid; revenue $7.3M in 2024
Nauticus Robotics, Inc.
- SeaTrepid revenue $7.3M in 2024, up 85% from $3.9M in 2023.
- SeaTrepid net income $1.2M in 2024 vs net loss $0.5M in 2023.
- Total assets $3.1M, members' deficit improved to $(108)K from $(1.2)M.
- SeaTrepid provides subsea ROV/AUV services; acquisition closed March 20, 2025.
- Unaudited pro forma combined statements of operations for 2024 and Q1 2025 included.
item 9.01