Safe Pro Group, Inc. (SPAI) AI Stock Analysis

• Market Cap: $55.23M
• Dividend Yield: N/A
• Average Volume (3M): 211.05K
• Price to Earnings (P/E): ―
• Beta (1Y): 3.19
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 11
• Sector: Services
• Sector Strength: N/A
• Industry: Aerospace & Defense
• EPS (TTM): -0.53
• Shares Outstanding: 15,172,185
• 10 Day Avg. Volume: 376,365
• 30 Day Avg. Volume: 211,054
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.69
• Enterprise Value/Revenue: 18.56
• Enterprise Value/Gross Profit: 44.99
• Enterprise Value/Ebitda: -3.93
• 1Y Price Target: $8.00
• Price Target Upside: 119.78% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 51 Neutral
• Price Target: $3.50 ▼(-3.85% Downside)

The overall stock score of 51 reflects a company with strong revenue growth but significant challenges in profitability and cash flow management. Technical indicators suggest moderate bullish momentum, while recent corporate events are positive. However, the negative P/E ratio and lack of dividend yield weigh heavily on the valuation.

Safe Pro Group, Inc. Business Overview & Revenue Model

Company Description

Safe Pro Group Inc. manufactures and sells personal protective gear and ballistic protection products in the United States. The company offers explosive ordinance disposal and unexploded ordinance disposal products; ballistic vests; and body armor, helmets, and ballistic blankets, as well as aerial managed services (drones) for the inspection of radio towers and power grids. It also develops artificial intelligence-powered detection and data analysis and reporting tools for hyper-scalable and cloud-based processing of drone imagery. In addition, the company provides drone as a responder (DaaR) solutions for public safety, emergency management, security, critical infrastructure, and other incident response; critical infrastructure inspection utilizing visual and/or IR/ thermal sensors; data capture, analytics, and processing by machine learning and artificial intelligence to provide data-driven insights and reporting; aerial mapping of ground-based infrastructure and other targeted assets; UAS-related training and consultation services; and other customized and specialized services. It serves critical infrastructure, insurance, public utilities, and telecommunication network operators; state and local/municipal governments and agencies; and police, fire, and other public safety organizations. The company was formerly known as Cybernate Corp. and changed its name to Safe Pro Group Inc. in July 2022. Safe Pro Group Inc. was incorporated in 2021 and is based in Aventura, Florida.

How the Company Makes Money

Safe Pro Group, Inc. generates revenue primarily through the sale of safety equipment, which includes personal protective equipment (PPE), safety gear, and compliance products. Additionally, the company offers a range of safety training services, such as workshops and certifications, which serve as a substantial revenue stream. The company has established significant partnerships with industry leaders and regulatory bodies, enhancing its credibility and reach in the market. Furthermore, SPAI may benefit from recurring revenue through maintenance contracts and service agreements for ongoing safety compliance, contributing to its overall earnings.

Safe Pro Group, Inc. Financial Statement Overview

Summary

Safe Pro Group, Inc. is experiencing strong revenue growth but is struggling with profitability and cash flow management. The balance sheet is stable with a strong equity position, but the company needs to address its operational inefficiencies to improve margins and cash flow. Continued losses and negative cash flow present risks that need to be mitigated for future growth.

Income Statement

The company has shown a significant increase in revenue from the previous year, with a revenue growth rate of 136.4%. However, profitability remains a concern as both EBIT and EBITDA margins are negative, indicating operational challenges. The net profit margin is also negative, reflecting ongoing losses.

Balance Sheet

The balance sheet shows a relatively strong equity position with an equity ratio of 78.3%, suggesting financial stability. However, the debt-to-equity ratio is low at 0.06, indicating limited leverage, which could be a double-edged sword in terms of growth potential. Return on equity is negative, highlighting profitability issues.

Cash Flow

The company has a negative free cash flow, which has deteriorated significantly from the previous year. The operating cash flow to net income ratio is negative, indicating cash flow challenges. However, the company has managed to secure financing, as evidenced by positive financing cash flow.

Breakdown	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	2.17M	917.72K	1.15M
Gross Profit	906.15K	311.08K	518.54K
EBITDA	-6.78M	-6.07M	-397.44K
Net Income	-7.43M	-6.31M	-507.64K
Balance Sheet
Total Assets	4.95M	3.43M	4.24M
Cash, Cash Equivalents and Short-Term Investments	1.97M	703.37K	1.75M
Total Debt	244.71K	649.43K	368.17K
Total Liabilities	1.08M	1.65M	1.66M
Stockholders Equity	3.87M	1.78M	2.58M
Cash Flow
Free Cash Flow	-4.53M	-2.03M	1.05M
Operating Cash Flow	-4.10M	-2.00M	1.08M
Investing Cash Flow	-436.39K	-30.17K	169.56K
Financing Cash Flow	5.80M	985.15K	503.61K

Safe Pro Group, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.64
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SPAI, the sentiment is Positive. The current price of 3.64 is above the 20-day moving average (MA) of 3.58, above the 50-day MA of 3.07, and above the 200-day MA of 3.09, indicating a bullish trend. The MACD of 0.16 indicates Positive momentum. The RSI at 54.29 is Neutral, neither overbought nor oversold. The STOCH value of 29.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPAI.

Safe Pro Group, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OPXS	75 Outperform	$89.87M	18.97	25.69%	―	21.77%	36.36%
VTSI	66 Neutral	$81.31M	55.99	3.10%	―	-29.61%	-78.85%
Sector *	66 Neutral	€3.93B	16.52	-4.02%	4.38%	2.15%	-15.30%
CVU	60 Neutral	$43.81M	24.08	7.62%	―	-7.34%	-88.84%
SPAI	51 Neutral	$55.23M	―	-594.07%	―	―	―
KITT	45 Neutral	$35.47M	―	153.01%	―	-64.51%	7.09%
SIDU	44 Neutral	$30.79M	―	-109.05%	―	-18.70%	84.35%

Safe Pro Group, Inc. Corporate Events

Safe Pro Group Holds Successful 2025 Annual Meeting

On June 26, 2025, Safe Pro Group Inc. successfully conducted its 2025 Annual Meeting, where all director nominees were elected, and other proposals were approved by the shareholders. Approximately 59% of the outstanding shares participated in the voting process. The meeting resulted in the election of five board members, the ratification of RBSM LLP as the independent registered public accounting firm for 2025, and the approval of the 2025 Stock Plan.

Safe Pro Group Completes $1.05M Private Offering

On May 9, 2025, Safe Pro Group Inc. completed a private offering with accredited investors, raising $1.05 million through the sale of 1,050 shares of Series C convertible preferred stock and issuing three-year warrants for common stock. This strategic financial move allows the company to strengthen its capital position, offering investors convertible preferred stock with specific rights and privileges, including conversion options and liquidation preferences, while also providing warrants with exercise conditions, potentially impacting the company’s stock structure and investor relations.