Nauticus Robotics Announces Results for the Second Quarter of 2025 – Nauticus Robotics (NASDAQ:KITT)

Income Momentum Sustains; Market Diversity Continues

HOUSTON, Aug. 11, 2025/ PRNewswire/– Nauticus Robotics, Inc. (” Nauticus” or “Business”) KITT, a leading innovator in subsea robotics and software application, today revealed its monetary outcomes for the quarter ended June 30, 2025

John Gibson, Nauticus Robotics President and CEO, mentioned, “The very first half of 2025 has actually revealed we are preserving the momentum began in 2015. We grew profits considerably, finished a tactical acquisition, and rearranged the business to drive long-lasting, successful development. We are now getting in the 2nd half of the year with this continued momentum by growing the overseas pipeline and bringing a distinguished service offering in a market starving for development.”

Strategic Acquisition Making Outcomes

The SeaTrepid acquisition finished in the very first quarter made an instant effect. Income produced throughout the 2nd quarter is credited to the effort and devotion of the sales and overseas ROV groups. Conversations with consumers continue to produce brand-new methods of analyzing execution designs by including innovative innovations into existing possessions. The possessions in the SeaTrepid fleet continue to be completely made use of and are anticipated to stay so throughout the 3rd quarter.

Functional Turning Points and Job Success

Nauticus experienced increased client need as the North American overseas season increase.

• The ROV designated to the drill ship finished its task and returned as much as the U.S. Northeast Coast to carry out overseas windfarm examinations at the start of August.
• The 2nd ROV finished jobs for 9 various consumers off the U.S. Gulf Coast.
• Aquanaut ® Car 2 finished all functional preparedness requirements and is now along with the 2nd ROV on the Gulf Coast vessel prepared to carry out work throughout the 2nd half of the year.

Consumer Need and Outlook

Market action to Nauticus’s broadened service offerings continues to be extremely favorable. Oil & & gas and ecological federal government consumers are waiting in line for functional windows in the Gulf Coast offshore schedule. Wind energy consumers sweating off the Northeast Coast have actually resumed activity on existing possessions after a sluggish start to 2025. Nauticus anticipates to gain from a contraction of service suppliers concentrated on wind energy.

Conversations are continuous with a client to sign a multi-quarter agreement for Nauticus services starting in Q4. This chance might allow property usage throughout the Gulf Coast off-season.

Financial Emphasizes

Income: Nauticus reported 2nd quarter profits of $ 2.1 million, compared to $ 0.5 million for the prior-year duration and $ 0.2 million for the previous quarter.

Business Expenses: Overall expenditures throughout the 2nd quarter were $ 8.4 million, a $ 1.9 million boost from the prior-year duration and a $ 2.4 million boost from Q1 2025.

Changed Bottom Line: Nauticus reported adjusted bottom line of $ 7.4 million for the 2nd quarter, compared to an adjusted bottom line of $ 6.5 million for the exact same duration in 2024 and an adjusted bottom line of $ 6.6 million for the previous quarter. Changed bottom line is a non-GAAP step which omits the effect of specific products, as displayed in the non-GAAP reconciliation table listed below.

Bottom Line: For the 2nd quarter, Nauticus tape-recorded a bottom line of $ 7.5 million, or standard loss per share of $ 0.26 This compares to an earnings of $ 4.5 million from the exact same duration in 2024, and a bottom line of $ 7.6 million in the previous quarter.

G&An Expense: Nauticus reported G&A second-quarter expenses of $ 4.4 million, which is a boost of $ 1.1 million compared to the exact same duration in 2024 and flat from the previous quarter.

Balance Sheet and Liquidity

Since June 30, 2025, the Business had money and money equivalents of $ 2.7 million, compared to $ 10.1 million since March 31, 2025

Teleconference Information

Nauticus will host a teleconference on August 12, 2025 at 9:00 a.m. Central Time to discuss its outcomes for the quarter ended June 30, 2025 To take part in the profits teleconference, individuals need to call toll totally free at +1 -800 -549 -8228, conference ID: 95163, or gain access to the listen-only webcast at the following link: https://events.q4inc.com/attendee/410459620. A link to the webcast will likewise be readily available on the Business’s site (https://ir.nauticusrobotics.com/). Following the conclusion of the call, a recording will be readily available on the Business’s site.

About Nauticus Robotics

Nauticus Robotics, Inc. establishes self-governing robotics for the ocean markets. Autonomy needs the comprehensive usage of sensing units, expert system, and efficient algorithms for understanding and choice permitting the robotic to adjust to altering environments. The business’s organization design consists of utilizing robotic systems for service, offering cars and elements, and licensing of associated software application to both the industrial and defense organization sectors. Nauticus has actually developed and is presently screening and accrediting a brand-new generation of cars to decrease functional expense and collect information to preserve and run a wide range of subsea facilities. Besides a standalone service offering and forward-facing items, Nauticus’ method to ocean robotics has actually likewise led to the advancement of a series of innovation items for retrofit/upgrading standard ROV operations and other third-party car platforms. Nauticus’ services supply consumers with the needed information collection, analytics, and subsea adjustment abilities to support and preserve possessions while decreasing their functional footprint, running expense, and greenhouse gas emissions, to enhance offshore health, security, and ecological direct exposure.

Cautionary Language Concerning Forward-Looking Statements

This news release includes positive declarations within the significance of Area 21E of the Securities Exchange Act of 1934, as modified (the “Act”), and are meant to delight in the defense of the safe harbor for positive declarations offered by the Function as well as defenses managed by other federal securities laws. Such positive declarations consist of however are not restricted to: the anticipated timing of item commercialization or brand-new item releases; client interest in Nauticus’ items; approximated running outcomes and usage of money; and Nauticus’ usage of and requires for capital. Usually, declarations that are not historic truths, consisting of declarations worrying possible or assumed future actions, organization techniques, occasions, or outcomes of operations, are positive declarations. These declarations might be preceded by, followed by, or consist of the words “thinks,” “quotes,” “anticipates,” “jobs,” “projections,” “may,” “will,” “should,” “looks for,” “strategies,” “set up,” “expects,” “means,” or “continue” or comparable expressions. Positive declarations naturally include threats and unpredictabilities that might trigger real occasions, outcomes, or efficiency to vary materially from those suggested by such declarations. These positive declarations are based upon Nauticus’ management’s present expectations and beliefs, along with a variety of presumptions worrying future occasions. There can be no guarantee that the occasions, outcomes, or patterns determined in these positive declarations will happen or be attained. Positive declarations speak just since the date they are made, and Nauticus is not under any responsibility and specifically disclaims any responsibility, to upgrade, change, or otherwise modify any positive declaration, whether as an outcome of brand-new info, future occasions, or otherwise, other than as needed by law. Readers need to thoroughly examine the declarations stated in the reports which Nauticus has actually submitted or will submit from time to time with the Securities and Exchange Commission (the “SEC”) for a more total conversation of the threats and unpredictabilities dealing with the Business which might trigger real results to be materially various from those suggested in the positive declarations made by the Business, in specific the areas entitled “Threat Aspects” and “Cautionary Note Concerning Forward-Looking Statements” in files submitted from time to time with the SEC, consisting of Nauticus’ Yearly Report on Type 10-K submitted with the SEC on April 15, 2025 Need to several of these threats, unpredictabilities, or other elements emerge, or need to presumptions underlying the positive info or declarations show inaccurate, real outcomes might differ materially from those explained herein as meant, prepared, expected, thought, approximated, or anticipated. The files submitted by Nauticus with the SEC might be acquired totally free of charge at the SEC’s site at www.sec.gov.

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Unaudited Reconciliation of Bottom Line Attributable to Typical Investors (GAAP) to Adjusted Bottom Line Attributable to Typical Investors (NON-GAAP)

Changed bottom line attributable to typical investors is a non-GAAP monetary step which omits specific products that are consisted of in bottom line attributable to typical investors, the most straight equivalent GAAP monetary step. Products omitted are those which the Business thinks impact the comparability of running outcomes and are normally omitted from released quotes by the financial investment neighborhood, consisting of products whose timing and/or quantity can not be fairly approximated or are non-recurring.

Changed bottom line attributable to typical investors exists due to the fact that management thinks it offers beneficial extra info to financiers for analysis of the Business’s essential organization on a repeating basis. In addition, management thinks that changed bottom line attributable to typical investors is commonly utilized by expert research study experts and others in the appraisal, contrast, and financial investment suggestions of business such as Nauticus.

Changed bottom line attributable to typical investors need to not be thought about in seclusion or as a replacement for bottom line attributable to typical investors or any other step of a business’s monetary efficiency or success provided in accordance with GAAP. A reconciliation of the distinctions in between bottom line attributable to typical investors and adjusted bottom line attributable to typical investors exists listed below. Since adjusted bottom line attributable to typical investors omits some, however not all, products that impact bottom line attributable to typical investors and might differ amongst business, our estimation of adjusted bottom line attributable to typical investors might not be equivalent to likewise entitled steps of other business.

3 Months Ended

SOURCE Nauticus Robotics, Inc.