Draganfly Financials
This page shows Draganfly (DPRO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Earnings & Revenue
Cash & Balance Sheet
Draganfly held $5.3M in cash against $354K in long-term debt as of fiscal year 2024.
Draganfly had 5M shares outstanding in fiscal year 2024.
Margins & Returns
Capital Allocation
DPRO Income Statement
| Metric | Q4'24 | Q2'24 | Q4'23 |
|---|---|---|---|
| Revenue | $1.7M | N/A | $1.9M |
| Cost of Revenue | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A |
| Net Income | -$7.1M | N/A | -$6.9M |
| EPS (Diluted) | N/A | N/A | N/A |
DPRO Balance Sheet
| Metric | Q4'24 | Q2'24 | Q4'23 |
|---|---|---|---|
| Total Assets | $9.9M+18.8% | $8.3M | N/A |
| Current Assets | $8.4M+25.6% | $6.7M | N/A |
| Cash & Equivalents | $5.3M+71.0% | $3.1M-54.0% | $6.7M |
| Inventory | $1.6M-1.3% | $1.6M | N/A |
| Accounts Receivable | $878K+35.2% | $650K | N/A |
| Goodwill | N/A | N/A | N/A |
| Total Liabilities | $12.5M+58.1% | $7.9M | N/A |
| Current Liabilities | $12.1M+63.3% | $7.4M | N/A |
| Long-Term Debt | $354K-17.2% | $428K | N/A |
| Total Equity | -$2.6M-743.1% | $408K-95.3% | $8.7M |
| Retained Earnings | -$112.5M-8.6% | -$103.6M | N/A |
DPRO Financial Ratios
| Metric | Q4'24 | Q2'24 | Q4'23 |
|---|---|---|---|
| Gross Margin | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A |
| Net Margin | -409.2% | N/A | -363.8% |
| Return on Equity | N/A | N/A | -79.0% |
| Return on Assets | -71.6% | N/A | N/A |
| Current Ratio | 0.69-0.2 | 0.90 | N/A |
| Debt-to-Equity | -0.14-1.2 | 1.05 | N/A |
| FCF Margin | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$2.6M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.69), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
How much debt does Draganfly have?
As of fiscal year 2024, Draganfly (DPRO) had $5.3M in cash and equivalents against $354K in long-term debt.
What are Draganfly's total assets?
Draganfly (DPRO) had $9.9M in total assets as of fiscal year 2024, including both current and long-term assets.
What is Draganfly's current ratio?
Draganfly (DPRO) had a current ratio of 0.69 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Draganfly's debt-to-equity ratio?
Draganfly (DPRO) had a debt-to-equity ratio of -0.14 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
Why is Draganfly's debt-to-equity ratio negative or unusual?
Draganfly (DPRO) has negative shareholder equity of -$2.6M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.