Q: I have a half position in Kraken in a TFSA. Their PE is high though I see high sales growth this year with several contracts signed this year. Do we have any idea of what the next couple of years may show? Have Kraken give a 3-5 year plan? Do you believe in their chance of continuing at a high rate in the near future? It's easier for a small company to grow fast and not so easy later. Is there so much potential in their sector of activity that they can continue to grow at a fast clip?
Thank you for your analyse.
Yves
Thank you for your analyse.
Yves
5i Research Answer:
Sales are expected to rise to $246M in 2028 from $91M last year. While no 2028 EPS forecast is...