Draganfly Inc (STU:3U8)
€ 3.64 -0.010 (-0.27%) Market Cap: 132.31 Mil Enterprise Value: 41.33 Mil PE Ratio: 0 PB Ratio: 1.36 GF Score: 41/100

Q1 2025 Draganfly Inc Earnings Call Transcript

May 8, 2025 / 09:30 PM GMT
Release Date Price: €1.62 (+2.53%)

Key Points

Positve
  • Draganfly Inc (DPRO) reported a 16% year-over-year increase in revenue, reaching $1.547 million for Q1 2025.
  • The company signed an exclusive agreement with Safe Lane, the world's largest demining and unexploded ordinance removal company, to provide aerial surveys.
  • Draganfly Inc (DPRO) announced a teaming agreement with Autonomy Labs to use their heavy lift drones for demining operations, promising lower costs, faster speed, and greater safety.
  • The company established a public safety board of advisors, enhancing access to top agencies globally and providing valuable expertise.
  • Draganfly Inc (DPRO) closed a $3.6 million financing round, supporting ongoing operations and future growth.
Negative
  • Despite revenue growth, Draganfly Inc (DPRO) reported a comprehensive loss of $3.4 million for the quarter.
  • The company's gross margin decreased due to more sales coming from lower margin products compared to the previous year.
  • Total assets decreased from $10.2 million to $6.9 million, largely due to a decrease in cash as the company operates.
  • The company does not expect to be profitable in 2025 and anticipates needing $35 to $40 million in revenue to achieve profitability.
  • Revenues have been stagnant since 2023, and significant capital investments have yet to translate into substantial revenue growth.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

DPRO.CD - Draganfly Inc
Q1 2025 Draganfly Inc Earnings Call
May 08, 2025 / 09:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Hello everyone. Welcome to the Dragonfly, Q1 2025 earnings call. We just opened up the waiting room, so waiting for people to file in, but then we'll get started right away.

Okay, I think, to respect everyone's time, I think we will get started. So again, greetings, welcome to all the shareholders and stakeholders on today's Dragonfly 202,511 earnings call. My name is Roy Bustos. I am the internal investor relations representative here at Dragonfly. We appreciate you all joining us. We'll start as usual with our CEO and President Cameron Shell recapping the first quarter earnings headlines.

Next will be a more detailed financial review with our CFO Paul Sun. We will then conclude by addressing the pre-submitted questions we have
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot