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DroneShield Limited
(Sydney:DRO)
DroneShield Limited (DRO) vs. iShares MSCI Australia ETF (EWA)
DroneShield Limited Business Overview & Revenue Model
DroneShield Limited Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 57.53M | 54.09M | 16.81M | 10.47M | 5.03M |
| Gross Profit | 41.24M | 38.95M | 11.83M | 7.62M | 3.20M |
| EBITDA | -2.71M | 2.56M | -2.36M | -6.22M | -6.89M |
| Net Income | -1.32M | 9.33M | -949.30K | -5.31M | -5.87M |
Balance Sheet | |||||
| Total Assets | 355.88M | 97.05M | 25.21M | 18.34M | 23.13M |
| Cash, Cash Equivalents and Short-Term Investments | 219.49M | 56.77M | 10.22M | 9.49M | 16.29M |
| Total Debt | 9.11M | 2.63M | 596.10K | 248.37K | 476.56K |
| Total Liabilities | 44.29M | 22.54M | 6.21M | 2.76M | 3.54M |
| Stockholders Equity | 311.59M | 74.51M | 19.00M | 15.58M | 19.59M |
Cash Flow | |||||
| Free Cash Flow | -75.21M | 6.56M | -2.58M | -6.74M | -5.42M |
| Operating Cash Flow | -58.04M | 9.48M | -1.75M | -6.27M | -4.65M |
| Investing Cash Flow | -169.85M | -1.95M | -832.17K | -467.45K | -772.16K |
| Financing Cash Flow | 231.89M | 39.11M | 3.06M | -122.03K | 16.30M |
DroneShield Limited Technical Analysis
DroneShield Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | $10.83B | 16.50 | 6.52% | 2.09% | 2.39% | -16.50% | |
62 Neutral | $3.46B | 65.04 | -0.70% | ― | 6.36% | -115.00% | |
48 Neutral | AU$8.18M | ― | -434.90% | ― | 72.45% | 47.70% | |
| ― | AU$32.75M | 110.00 | 5.39% | ― | ― | ― | |
45 Neutral | AU$20.90M | ― | -24.21% | ― | -11.35% | -49.13% | |
| ― | AU$23.51M | ― | -68.64% | ― | ― | ― |
DroneShield Limited Corporate Events
DroneShield Limited has announced the issuance of 100,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code DRO. This move is part of the company’s strategy to enhance its capital structure, potentially strengthening its market position and providing additional resources for growth and development in the drone defense sector.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited announced the cessation of 510,000 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could influence investor perceptions regarding its operational and strategic execution.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced a change in its substantial holder status, indicating that a significant shareholder has ceased to hold a substantial interest in the company as of July 30, 2025. This change in shareholder status may impact the company’s market dynamics and investor relations, as it reflects a shift in the ownership structure of the company.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited’s latest investor presentation highlights the increasing importance of counterdrone technology amid rising global defense spending. With significant investments from major military powers like the US, UK, and EU, the demand for advanced C-UxS systems is growing. The integration of AI in these systems is becoming crucial to address evolving drone warfare and non-kinetic threats such as cyberattacks and infrastructure sabotage. This trend positions DroneShield favorably within the defense market, aligning its capabilities with the strategic priorities of leading defense organizations.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has been awarded a significant contract under Project LAND156 to supply handheld counter-drone equipment to the Australian Defence Force, receiving approximately $5 million of the total $16.9 million in orders. This contract highlights DroneShield’s role in meeting the growing demand for portable counter-drone capabilities and positions the company as a key player in developing scalable, interoperable counter-drone architectures for the Australian Defence Force.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited announced the cessation of 655,000 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This cessation may impact the company’s capital structure and reflects the challenges in meeting certain operational conditions, potentially affecting investor confidence and market perception.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited, a company involved in the development of drone detection and mitigation technologies, has seen a significant change in its shareholder structure. FMR LLC has increased its voting power in the company from 7.61% to 9.59%, indicating a growing interest and investment in DroneShield’s operations, which could impact its market positioning and stakeholder dynamics.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$0.90 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has experienced a change in the interests of a substantial holder, FMR LLC, which has increased its voting power in the company from 6.51% to 7.61%. This change is due to a series of stock purchases made by FMR on July 15, 2025. The increase in FMR’s stake could signal confidence in DroneShield’s market position and future prospects, potentially impacting investor sentiment and the company’s strategic decisions.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced that Regal Funds Management Pty Limited and its associates have ceased to be substantial holders in the company. This change involves the sale of a significant number of ordinary securities, impacting the voting interests associated with these shares. The divestment by Regal Funds Management could influence DroneShield’s shareholder structure and potentially affect its market positioning, as substantial holders often play a pivotal role in strategic decisions.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced that FMR LLC has become a substantial holder in the company, acquiring a 6.51% voting power through the purchase of common stock. This development indicates a significant investment and interest from FMR LLC, potentially impacting DroneShield’s market positioning and stakeholder confidence.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced a $13 million investment to expand its R&D and manufacturing capacity, including a new 3,000sqm production facility in Sydney and an additional 2,500sqm of R&D space at its headquarters. This expansion is part of a broader strategy to increase its annual manufacturing capacity to $2.4 billion by the end of 2026, driven by growing global demand and significant contracts in Europe and Latin America. The company aims to establish a European Centre of Excellence to support defense programs and respond to increased military spending in the EU.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced a change in the interests of its substantial holder, Regal Funds Management Pty Limited and its associates, in the company’s voting securities. The notice indicates that there have been several transactions affecting the voting power and relevant interests of the substantial holder, which could impact the company’s shareholder dynamics and influence over corporate decisions.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of July 9, 2025. This change in substantial holding could impact DroneShield’s shareholder structure and potentially influence its market dynamics, as State Street’s exit might affect investor perceptions and future investment strategies.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$0.90 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has experienced a change in the interests of a substantial holder, as detailed in a recent notice. This change involves various entities under the State Street Corporation umbrella, which now hold significant voting power in DroneShield Limited. The announcement highlights the shifting dynamics in shareholder interests, which could impact the company’s governance and strategic decisions.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has secured a follow-on two-year research and development contract valued at $11.7 million from a Five Eyes Department of Defence, marking the fourth such award from this customer. This contract underscores DroneShield’s strong performance and solidifies its position as a key provider of counter-drone and electronic warfare solutions, enhancing its reputation within the defense and intelligence sectors.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced that State Street Global Advisors and its subsidiaries have ceased to be substantial holders in the company as of July 1, 2025. This change in substantial holding may impact DroneShield’s shareholder composition and could influence the company’s strategic decisions moving forward.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in DroneShield Limited as of June 30, 2025. This change in substantial holding was due to the purchase of securities by an entity controlled by Morgan Stanley, affecting a significant number of fully paid ordinary shares. The development may impact the company’s shareholder structure and influence its market dynamics.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in DroneShield Ltd, a company known for its advanced drone detection and mitigation technologies. This development grants Mitsubishi UFJ Financial Group significant voting power in DroneShield, potentially influencing strategic decisions and impacting the company’s market positioning.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced a change in the interests of its substantial holder, Regal Funds Management Pty Limited and its associates. The notice indicates a decrease in voting power from 8.37% to 7.15%, reflecting a shift in the control of ordinary shares. This change in substantial holding could impact DroneShield’s shareholder dynamics and influence its strategic decisions moving forward.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$2.60 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited, a company involved in the development and sale of advanced drone detection and mitigation technology, has seen a change in its substantial holders. JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders of DroneShield, as indicated by the changes in their relevant interests in the company’s voting securities. This change in substantial holding could impact DroneShield’s market dynamics and stakeholder relationships, as JPMorgan’s involvement in the company has shifted.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$0.90 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced the issuance of 915,000 unquoted securities under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize its workforce, potentially enhancing employee engagement and aligning their interests with corporate goals.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced the issuance of 80,000 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code DRO. This move is part of the company’s strategic financial operations, potentially enhancing its market presence and providing additional capital for growth and development in the drone defense sector.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
Mitsubishi UFJ Financial Group (MUFG) has informed First Sentier Investors Holdings Pty Limited that it holds a substantial interest in DroneShield Limited through its subsidiary, First Sentier Investors. This announcement highlights MUFG’s strategic investment in DroneShield, potentially impacting the company’s market dynamics and stakeholder interests by increasing its voting power and influence within the company.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has experienced a change in the voting power of its substantial holder, Regal Funds Management Pty Limited and its associates. The notice indicates a decrease in their voting power from 9.38% to 8.37%, reflecting a shift in the control over the company’s ordinary shares, which may influence the company’s governance and strategic decisions.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited reported a strong start to 2025, achieving a record quarterly revenue of A$33.5 million, marking a 102% increase from the previous year. The company has a robust pipeline valued at A$2.41 billion and has secured A$161 million in revenues year-to-date, demonstrating significant growth and positioning it well for future expansion and investment in its counter-drone technology.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$0.90 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced that State Street Global Advisors Europe Limited and its subsidiaries have ceased to be substantial holders in the company as of June 16, 2025. This change in substantial holding may affect the company’s shareholder structure and could have implications for its market positioning and investor relations.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced the quotation of 200,000 fully paid ordinary securities on the Australian Securities Exchange (ASX), following the exercise of options or conversion of other convertible securities. This move is likely to enhance the company’s capital base, potentially supporting its growth and operational capabilities in the counter-drone technology market.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced a significant change in its shareholder structure with the emergence of a new substantial holder. This development involves State Street Corporation and its subsidiaries, who have acquired a notable voting power in DroneShield Limited. This change in shareholding could potentially impact the company’s strategic direction and influence its market positioning, reflecting a shift in investor confidence and interest in the company’s operations.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced a change in the director’s interest, specifically involving Oleg Vornik. The change involves an off-market transfer of existing performance options to a different holding entity and the issuance of new performance options following shareholder approval at the recent Annual General Meeting. This adjustment in director’s interests reflects strategic decisions made by the company to align its leadership’s incentives with performance milestones, potentially impacting its operational focus and stakeholder confidence.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced the cessation of 25,000 securities due to the lapse of conditional rights, as the conditions for these securities were not met or became incapable of being satisfied. This announcement reflects a routine adjustment in the company’s issued capital, which may have implications for stakeholders regarding the company’s financial structuring and market positioning.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced the issuance of 709,361 unquoted securities, which are options expiring on various dates at various prices. This move is part of the company’s strategy to enhance its financial flexibility and potentially strengthen its capital structure, reflecting its ongoing commitment to growth and market expansion.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has announced the application for the quotation of 248,695 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective May 29, 2025. This move is part of the company’s strategic efforts to enhance its market presence and operational capabilities, potentially impacting its industry positioning by increasing its financial resources and shareholder base.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited announced that all resolutions were passed at their Annual General Meeting, reflecting strong shareholder support for the company’s strategic direction. The resolutions included the election of directors and approval of remuneration and incentive plans, indicating continued confidence in the company’s leadership and growth potential.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has reported a robust start to 2025, achieving a record quarterly revenue of A$33.5 million, marking a 102% increase compared to the same period last year. The company’s strategic focus on software is evident with a 198% rise in SaaS revenue, contributing significantly to its goal of having over 50% of its revenue from software in five years. With a substantial project pipeline valued at A$2.34 billion and a strong cash balance of A$213.4 million, DroneShield is well-positioned for continued growth and expansion. The company has secured A$100.4 million in revenues year-to-date, surpassing its total revenue for 2024 in less than five months, indicating strong operational execution and market demand for its products.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.