DPRO Earnings Prediction
The chart below shows how DPRO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, DPRO sees a -4.42% change in stock price 10 days leading up to the earnings, and a -0.51% change 10 days following the report. On the earnings day itself, the stock moves by +4.58%. This data can give you a slight idea of what to expect for the next quarter's release.
DPRO Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.89M
-11.82%
8.79%
Gross Margin
15.84%
-54.72%
-13.49%
Operating Margin
-195.42%
-23.50%
-13.92%
Net Margin
-10.62%
-95.83%
-97.40%
EPS
-0.06
-98.08%
-97.61%
No Data Available
DPRO Earnings Analysis
Draganfly Inc. Common Shares Corporation (DPRO.O) Earnings Conference Call
Positive
Record Q3 Revenue: Revenue of $1.885 million, marking the best Q3 ever for the company.
Product Sales Contribution: Product sales reached $1.3 million, contributing significantly to overall revenue.
Strong Profitability Indicator: Gross profit of $440,000 with a margin of 23%, indicating strong profitability.
Cash Reserves Increase: Cash on hand increased to nearly $4 million, reflecting a stable financial position.
APEX Drone Demand Surge: The launch of the APEX Drone has generated significant demand, enhancing the product lineup.
Negative
Revenue Decline Analysis: Revenue decreased by 11.8% to $1.9 million from $2.1 million in the third quarter of last year.
Gross Profit Decline: Gross profit fell to $441,000 compared to $895,000 in Q3 of last year due to a one-time non-cash write-down of inventory of $176,000.
Gross Margin Decline: Gross margin percentage for Q3 was 23.4% compared to 26.6% for Q2, indicating a decline in profitability.
Quarterly Comprehensive Loss Comparison: Total comprehensive loss for the quarter was $365,000 compared to a loss of $5.5 million in the same quarter of last year, highlighting ongoing financial challenges despite improvements.
Loss Reduction Factors: The decrease in loss year-over-year is primarily due to lower office and miscellaneous expenses, but the overall financial health remains concerning.
DPRO FAQs
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DPRO Earning Call Sentiment
Draganfly Inc. (DPRO) Q3 2024 Earnings Call Transcript
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DPRO.O
-4.64%Positive
The earnings call summary indicates strong strategic positioning with military orders and a significant partnership with a Fortune 50 company, which are positive catalysts. Despite a decline in revenue and gross margin, the company has a stable financial position with improved comprehensive loss. The Q4 revenue expectations are optimistic, and there is a focus on high-margin products. However, competitive pressures and regulatory issues pose risks. Overall, the positive strategic developments and financial health suggest a positive stock price movement in the next two weeks.
