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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 Earnings Call Summary
DroneShield Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 106.78M | 57.53M | 54.09M | 16.81M | 10.47M | 5.03M |
| Gross Profit | 72.08M | 41.24M | 38.95M | 11.83M | 7.62M | 3.20M |
| EBITDA | 5.03M | -2.71M | 2.56M | -1.94M | -5.88M | -6.09M |
| Net Income | 5.61M | -1.32M | 9.33M | -949.30K | -5.31M | -5.87M |
Balance Sheet | ||||||
| Total Assets | 353.48M | 355.88M | 97.05M | 25.21M | 18.34M | 23.13M |
| Cash, Cash Equivalents and Short-Term Investments | 202.73M | 219.49M | 56.77M | 10.22M | 9.49M | 16.29M |
| Total Debt | 9.15M | 9.11M | 2.63M | 596.10K | 248.37K | 476.56K |
| Total Liabilities | 38.99M | 44.29M | 22.54M | 6.21M | 2.76M | 3.54M |
| Stockholders Equity | 314.49M | 311.59M | 74.51M | 19.00M | 15.58M | 19.59M |
Cash Flow | ||||||
| Free Cash Flow | -47.26M | -64.40M | 7.75M | -2.58M | -6.74M | -5.42M |
| Operating Cash Flow | -37.21M | -58.04M | 9.48M | -1.75M | -6.27M | -4.65M |
| Investing Cash Flow | -50.20M | -165.26M | -1.95M | -832.17K | -467.45K | -772.16K |
| Financing Cash Flow | 114.88M | 231.89M | 39.11M | 3.06M | -122.03K | 16.30M |
DroneShield Limited Technical Analysis
DroneShield Limited Peers Comparison
DroneShield Limited Corporate Events
DroneShield Limited announced it will host an investor call to discuss its 3Q25 Quarterly Release. The call, scheduled for October 22, 2025, will feature presentations by the company’s CEO, CFO, and Chief Product Officer. This event is part of DroneShield’s ongoing efforts to engage with investors and stakeholders, highlighting its strategic initiatives and financial performance.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$3.60 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has presented its third-quarter 2025 results, highlighting its strategic positioning in the burgeoning counter-drone market. With a total addressable market of $60 billion, the company is poised to capitalize on the growing demand for cost-effective and rapidly evolving drone defense solutions, especially in light of recent global security challenges and the increasing mainstream use of drones in conflicts.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$3.60 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 record-breaking quarter for the period ending September 30, 2025, with significant growth in revenue and cash receipts. The company achieved an all-time high revenue of A$92.9 million, marking a 1,091% increase compared to the same quarter last year. This growth is attributed to the launch of new products, including the DroneSentry-C2 Enterprise SaaS and SentryCiv for the civilian sector. The company is also focusing on software as a service (SaaS) offerings, which are expected to play a critical role due to advancements in drone technology. DroneShield’s strategic initiatives, such as the opening of a new R&D facility in South Australia and a landmark AI software release, position the company for continued growth and expansion in both military and civilian markets.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$3.60 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited has launched DroneSentry-C2 Enterprise (C2E), a new software platform aimed at providing strategic-level command and control for large-scale counter-drone operations. This platform allows for centralized management and integration across multiple sites, enhancing decision-making and security for military and critical infrastructure customers. The first deployment will occur on the Eastern NATO flank in Europe in early 2026. This launch marks a significant step in DroneShield’s expansion into SaaS-driven enterprise command, reflecting the increasing demand for comprehensive national-level counter-drone solutions.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$3.60 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 its DroneSentry solution has been recognized by the UK’s National Protective Security Authority (NPSA), marking a significant endorsement of its quality and performance. This recognition comes at a crucial time of increasing drone incidents across Europe, highlighting the growing demand for effective counter-drone solutions. The DroneSentry system, which integrates an AI-enabled command-and-control engine, is available exclusively through BT in the UK and is expected to see material sales growth as the need for such technologies rises.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$3.60 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 software release that enhances its counter-drone capabilities, featuring new AI-driven disruption techniques, expanded detection databases, and improved interoperability with defense networks. This release, which includes the introduction of an emitter-based disruption engine and integration with the SAPIENT protocol, positions DroneShield as a leader in the counter-drone industry by providing faster, more accurate threat detection and response. The updates are expected to strengthen the company’s market position and offer defense and security customers enhanced protection against evolving drone threats.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$3.60 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 establish a new research and development facility in Adelaide, South Australia. This expansion is part of the company’s strategy to enhance its engineering capabilities and support its growth in advanced RF electronics and electronic warfare. The new facility will create approximately 20 high-skilled engineering roles and is expected to be operational by March 2026. This move aligns with DroneShield’s broader expansion efforts, including increasing its annual production capacity and setting up manufacturing operations in Europe and the US, amid rising global demand for counter-drone solutions.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$3.60 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 300,000 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 perception regarding the company’s operational and strategic execution.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$3.50 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 surpassing 4,000 systems sold globally, with new contracts totaling $7.9 million for handheld systems to be delivered to the U.S. Department of Defense. This milestone underscores DroneShield’s position as a trusted provider in the counter-drone industry, reflecting sustained end-user confidence and the effectiveness of its solutions. The company reported a record revenue of $72.3 million for the first half of 2025, indicating rapidly rising demand for its products. DroneShield’s production capabilities are supported by a robust Australian supply chain, and the company plans to expand its manufacturing to the U.S. and Europe by 2026 to further boost sales in those regions.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$3.50 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 it was not selected by the Australian Department of Defence as the Systems Integration Partner for Project LAND 156, a contract valued at $45.9 million. This decision, disclosed in response to an ASX inquiry, may impact DroneShield’s market positioning and investor perceptions, as the project represents a significant opportunity in the counter-drone sector.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$3.70 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 substantial holding, as State Street Corporation and its subsidiaries have ceased to be substantial holders as of August 29, 2025. This change in holding could impact DroneShield’s shareholder structure and influence within the market, potentially affecting its strategic decisions and stakeholder interests.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$3.70 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited’s recent earnings call painted a picture of strong financial performance and strategic positioning within the counter-drone market. The company reported record-breaking revenue growth and a significant expansion of its project pipeline, driven by increasing geopolitical threats and defense spending. Despite these positive developments, the company acknowledged challenges in keeping pace with technological advancements and navigating geopolitical and regulatory risks.
DroneShield Limited is a company specializing in the development, commercialization, and sales of counter-drone hardware and software technology, operating primarily in the security and defense sector.
DroneShield Limited announced that it was not selected as the Systems Integration Partner for the Australian Department of Defence’s LAND 156 project, a contract awarded to Leidos Australia. Despite this, DroneShield has previously secured contracts under the initial phase of the program and remains optimistic about future opportunities within the $1.3 billion project. The company continues to experience strong demand for its counterdrone technology, evidenced by record revenues and profits, and a significant sale to a European customer. DroneShield’s technology is actively used by Ukrainian forces and over 30 militaries and law enforcement agencies globally, highlighting its effectiveness in high-threat environments.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$3.70 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 significant increase in its financial performance for the first half of 2025, with a 210% rise in revenue compared to the previous year, marking its highest revenue period to date. The company has also seen substantial growth in its project pipeline and workforce, positioning itself strongly for future expansion and continued investment in research and development to address evolving drone threats.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
DroneShield Limited reported record-breaking financial results for the first half of 2025, with a 210% increase in revenue to $72.3 million and a profit after tax of $2.1 million. The company is experiencing strong momentum into the second half of the year, driven by a significant contract and growing demand for its counterdrone solutions. DroneShield is expanding its production capacity and workforce to support its growth, with plans to scale manufacturing to $2.4 billion annually by 2026. The company’s strategic focus on AI-driven technology and global market expansion positions it for continued leadership in the counterdrone sector.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$4.00 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 significant financial turnaround for the half-year ending June 30, 2025, with revenues surging by 210% to $72.3 million and a profit of $2.1 million, compared to a loss in the previous year. This financial improvement underscores the company’s strengthened market position and operational success, although no dividends were declared for the period.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$4.00 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 its substantial holding, as State Street Corporation and its subsidiaries have ceased to be substantial holders in the company. This change in ownership could impact DroneShield’s market positioning and stakeholder dynamics, potentially influencing its strategic direction and operational focus in the competitive defense and security 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 has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of August 12, 2025. This change in substantial holding could impact the company’s shareholder structure and influence its market dynamics, potentially affecting investor confidence and future 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 a change in its substantial holding, as State Street Corporation and its subsidiaries, including State Street Global Advisors, have ceased to be substantial holders of the company’s voting securities. This change may impact the company’s shareholder structure and influence in the market, potentially affecting its strategic decisions and stakeholder interests.
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 launched SentryCiv, a subscription-based AI-enabled counter-drone solution aimed at the civilian market. This innovative, passive airspace security technology is designed to protect critical assets in non-military environments, such as airports, utilities, and government buildings, from rising drone threats. SentryCiv offers real-time detection and situational awareness, integrating seamlessly into existing security frameworks without disrupting operations. The solution is expected to meet the growing demand from the civilian sector, providing a cost-effective and reliable means of safeguarding critical infrastructure and public safety.
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 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.