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Draganfly
(NASDAQ:DPRO)
Draganfly (DPRO) vs. S&P 500 (SPY)
Draganfly Business Overview & Revenue Model
Draganfly Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 5.86M | 6.55M | 7.61M | 7.05M | 4.36M | 1.38M | Gross Profit |
| 1.14M | 2.06M | 790.67K | 2.64M | 1.76M | 1.16M | EBIT |
| -13.80M | -22.39M | -26.15M | -22.30M | -7.12M | -3.34M | EBITDA |
| -13.38M | -21.85M | -26.88M | -18.97M | -7.87M | -3.29M | Net Income Common Stockholders |
| -13.34M | -23.61M | -29.16M | -13.16M | -9.39M | -11.27M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 101.79K | 3.09M | 7.89M | 23.08M | 1.98M | 2.43M | Total Assets |
| 504.82K | 8.33M | 14.64M | 42.11M | 7.10M | 3.22M | Total Debt |
| 2.05M | 875.08K | 465.21K | 582.44K | 256.04K | 136.07K | Net Debt |
| 1.95M | -2.22M | -7.43M | -22.49M | -1.73M | -2.29M | Total Liabilities |
| 4.64M | 7.92M | 3.60M | 7.19M | 3.25M | 1.03M | Stockholders Equity |
| -4.13M | 407.72K | 11.04M | 34.93M | 3.85M | 2.19M |
| Cash Flow | Free Cash Flow | ||||
| -9.41M | -19.26M | -16.43M | -22.22M | -5.16M | -3.98M | Operating Cash Flow |
| -9.26M | -18.77M | -16.35M | -22.00M | -5.14M | -3.89M | Investing Cash Flow |
| -30.68K | -379.58K | 768.65K | -3.31M | 516.42K | -27.75K | Financing Cash Flow |
| 10.83M | 14.45M | -48.10K | 46.27M | 4.17M | 6.27M |
Draganfly Technical Analysis
Draganfly Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $4.14B | 11.23 | 5.47% | 215.40% | 4.10% | -8.63% | |
51 Neutral | C$19.43M | ― | -572.74% | ― | 0.09% | 68.46% | |
48 Neutral | C$35.08M | ― | -151.65% | ― | ― | -56.27% | |
44 Neutral | C$73.29M | ― | -53.83% | ― | 484.19% | -10.68% | |
27 Underperform | C$1.80M | ― | ― | ― | 15.84% |
Draganfly Earnings Call Summary
Draganfly Corporate Events
Draganfly Inc. has entered into a multi-year agreement with SafeLane Global, becoming the preferred provider of landmine mapping drones and aerial survey services. This partnership, which includes the first Ukraine landmine aerial survey contract, aims to enhance the speed, accuracy, and safety of explosive threat detection and removal operations, positioning Draganfly as a significant player in the defense and humanitarian sectors.
Spark’s Take on TSE:DPRO Stock
According to Spark, TipRanks’ AI Analyst, TSE:DPRO is a Neutral.
Draganfly’s stock score is primarily weighed down by significant financial challenges, including stagnant revenue and persistent losses. Technical indicators suggest a bearish trend, and the company’s valuation remains unattractive due to negative earnings. However, strategic partnerships and board appointments offer some optimism for future growth.
To see Spark’s full report on TSE:DPRO stock, click here.
Draganfly Inc. has entered into an agreement with Balko Technologies to integrate advanced modular LiDAR drone solutions, marking a significant expansion in their product offerings. This partnership positions Draganfly as the primary UAS provider for Balko, enhancing their reach across North America and providing customers with advanced aerial mapping and data collection tools. The collaboration is expected to expand access to cutting-edge drone technology for industrial, energy, and environmental monitoring applications, with multiple orders already placed for the Draganfly Commander 3XL paired with Balko’s Connectiv LiDAR sensor.
Spark’s Take on TSE:DPRO Stock
According to Spark, TipRanks’ AI Analyst, TSE:DPRO is a Neutral.
Draganfly’s overall score reflects significant financial challenges including stagnant revenue and persistent losses, which are the most pressing issues. Technical indicators suggest a bearish trend. While strategic partnerships and board appointments offer optimism, the company’s valuation remains unattractive due to negative earnings.
To see Spark’s full report on TSE:DPRO stock, click here.
Draganfly Inc. reported a 76% year-over-year increase in fourth-quarter revenue, with total 2024 revenue showing a modest rise due to late-year demand fulfillment in the military and public safety sectors. Despite a decrease in gross profit and comprehensive losses, the company is advancing its strategic initiatives, including a $3.76 million direct offering to support growth and production scaling. Draganfly is also enhancing its industry positioning through successful proof-of-concept drone delivery projects, participation in UAV events, and leadership updates, including the appointment of Andy Card to its Advisory Board.
Draganfly Inc. announced a shareholder update call scheduled for March 27, 2025, where CEO Cameron Chell will discuss the company’s 2024 milestones and 2025 outlook. CFO Paul Sun will present the Q4 2024 financial results and a full-year review, highlighting the company’s strategic initiatives and financial performance.
Draganfly Inc. has announced the appointment of Christopher C. Miller, former Acting U.S. Secretary of Defense, to its Board of Directors. Miller’s extensive experience in defense and intelligence is expected to guide Draganfly’s strategic initiatives in the government, defense, and aerospace sectors, strengthening its position as a leader in North American-made drone solutions for defense, law enforcement, and public safety.