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Draganfly Inc. (DPRO) 10-Year Financial Performance & Capital Metrics

DPRO • • Industrial / General
IndustrialsAerospace & DefenseUnmanned Systems & RoboticsCommercial & Industrial Drones
AboutDraganfly Inc. manufactures and sells commercial unmanned aerial vehicles worldwide. Its products include quadcopters, fixed wing aircrafts, ground based robots, and handheld controllers, as well as software used for tracking, live streaming, flight training, and data collection. The company also offers custom engineering and training, simulation consulting, and flight training services, as well as wireless video systems. It serves public safety, agriculture, industrial inspections, security, and mapping and surveying markets. The company was founded in 1998 and is headquartered in Saskatoon, Canada.Show more
  • Revenue $7M
  • EBITDA -$15M +33.5%
  • Net Income -$14M +41.2%
  • EPS (Diluted) -4.40 +68.5%
  • Gross Margin 21.31% -32.3%
  • EBITDA Margin -221.47% +33.6%
  • Operating Margin -224.65% +34.2%
  • Net Margin -211.51% +41.3%
  • ROE -551.84% -33.8%
  • ROIC -
  • Debt/Equity 0.09 -95.7%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Momentum leader: RS Rating 96 (top 4%)
  • ✓Strong 5Y sales CAGR of 36.6%

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Shares diluted 87.1% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y36.58%
3Y-2.39%
TTM26.74%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-35.48%

EPS CAGR

10Y-
5Y-
3Y-
TTM23.8%

ROCE

10Y Avg-244.38%
5Y Avg-264.03%
3Y Avg-326.19%
Latest-500.06%

Peer Comparison

Commercial & Industrial Drones
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
Dividends
Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
KITTNauticus Robotics, Inc.12.3M0.90-0.00-72.64%-29.91%
UAVSAgEagle Aerial Systems, Inc.68.81M1.58-0.03-2.54%-153.64%-68.52%
PRZOParaZero Technologies Ltd.26.88M1.31-1.3250.22%-10.78%-261.91%
DPRODraganfly Inc.248.66M9.72-2.210.09%-243.25%-25.67%0.09
AIROAIRO Group Holdings, Inc. Common Stock390.67M12.48-8.05100.99%-125.14%-10.76%5.3%0.09
SPAISafe Pro Group Inc. Common Stock118.08M5.63-11.04136.37%-9.69%-145.44%0.17
RCATRed Cat Holdings, Inc.1.43B11.94-14.05-59.21%-410.21%-25.96%0.04

Profit & Loss

Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+829.39K1.39M1.38M4.36M7.05M7.61M6.55M6.56M
Revenue Growth %-0.67%-0%2.16%0.62%0.08%-0.14%0%
Cost of Goods Sold+466.59K452.4K218.8K2.6M4.41M6.81M4.49M5.16M
COGS % of Revenue0.56%0.33%0.16%0.6%0.63%0.9%0.69%0.79%
Gross Profit+362.8K934.61K1.16M1.76M2.64M790.67K2.06M1.4M
Gross Margin %0.44%0.67%0.84%0.4%0.37%0.1%0.31%0.21%
Gross Profit Growth %-1.58%0.24%0.51%0.5%-0.7%1.61%-0.32%
Operating Expenses+1.9M1.52M4.5M10.23M21.9M27.7M2.06M16.14M
OpEx % of Revenue2.29%1.09%3.26%2.35%3.1%3.64%0.31%2.46%
Selling, General & Admin1.84M1.46M4.43M9.53M19.67M26.28M19.81M13.26M
SG&A % of Revenue2.22%1.05%3.21%2.18%2.79%3.46%3.02%2.02%
Research & Development59.51K16.16K16.88K568K510.89K651.3K1.55M927.41K
R&D % of Revenue0.07%0.01%0.01%0.13%0.07%0.09%0.24%0.14%
Other Operating Expenses0121.49K49.64K131.54K286.92K770.31K01.95M
Operating Income+-1.54M-580.91K-3.34M-7.12M-22.3M-26.15M-22.39M-14.74M
Operating Margin %-1.86%-0.42%-2.42%-1.63%-3.16%-3.44%-3.42%-2.25%
Operating Income Growth %-0.62%-4.75%-1.13%-2.13%-0.17%0.14%0.34%
EBITDA+-1.51M-542.86K-3.29M-6.97M-21.98M-25.38M-21.85M-14.53M
EBITDA Margin %-1.82%-0.39%-2.38%-1.6%-3.12%-3.34%-3.33%-2.21%
EBITDA Growth %-0.64%-5.06%-1.12%-2.16%-0.15%0.14%0.33%
D&A (Non-Cash Add-back)34.74K38.05K49.64K152.63K311.06K772.76K546.64K208.97K
EBIT-1.54M-456.46K-3.34M-8.02M-19.25M-26.91M-22.61M-14.11M
Net Interest Income+0-145.27K-171.91K-23.12K5.07K44.34K83.28K107.22K
Interest Income322.83K0005.07K44.34K83.28K107.22K
Interest Expense0145.27K171.91K23.12K0000
Other Income/Expense608.61K-20.81K-7.76M427.44K5.72M-746.86K-1.22M862.02K
Pretax Income+-932.02K-601.73K-11.1M-8.02M-16.2M-27.65M-23.61M-13.88M
Pretax Margin %-1.12%-0.43%-8.04%-1.84%-2.3%-3.64%-3.6%-2.12%
Income Tax+00000000
Effective Tax Rate %1%1%1.02%1.17%0.81%1.05%1%1%
Net Income+-932.02K-601.73K-11.27M-9.39M-13.16M-29.16M-23.61M-13.88M
Net Margin %-1.12%-0.43%-8.16%-2.15%-1.87%-3.83%-3.6%-2.12%
Net Income Growth %-0.35%-17.72%0.17%-0.4%-1.22%0.19%0.41%
Net Income (Continuing)-932.02K-601.73K-11.1M-8.02M-16.2M-27.65M-23.61M-13.88M
Discontinued Operations00000000
Minority Interest00000000
EPS (Diluted)+-5.41-1.91-29.56-14.18-11.84-21.72-13.99-4.40
EPS Growth %-0.65%-14.48%0.52%0.17%-0.83%0.36%0.69%
EPS (Basic)-5.41-1.91-29.56-14.18-11.84-21.72-14.00-4.40
Diluted Shares Outstanding172.22K314.76K381.18K662.33K1.11M1.34M1.69M3.16M
Basic Shares Outstanding172.22K314.76K381.18K662.33K1.11M1.34M1.69M3.16M
Dividend Payout Ratio--------

Balance Sheet

Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+369.38K284.17K2.98M4.36M33.56M13.52M6.68M9.08M
Cash & Short-Term Investments130.22K101.79K2.43M1.98M23.08M7.89M3.09M6.25M
Cash Only130.22K101.79K2.43M1.98M23.08M7.89M3.09M6.25M
Short-Term Investments00000000
Accounts Receivable62.74K97.9K224.69K810.79K1.6M2.26M649.61K573.39K
Days Sales Outstanding27.6125.7659.4167.8282.65108.3836.1731.9
Inventory155.95K61.19K48.56K1.23M3.39M1.06M1.6M1.53M
Days Inventory Outstanding121.9949.3681.01172.92280.656.56129.76108.33
Other Current Assets1.68K06.97K136.67K768.03K382.28K361.65K241.47K
Total Non-Current Assets+256.93K220.65K246.52K2.74M8.55M1.12M1.65M1.12M
Property, Plant & Equipment75.92K55.18K245.13K298.29K765.15K749.44K1.4M901.89K
Fixed Asset Turnover10.92x25.14x5.63x14.63x9.22x10.15x4.67x7.27x
Goodwill0002.17M5.94M000
Intangible Assets34.46K11.91K1.39K273.87K593.9K179.8K56.43K45.14K
Long-Term Investments153.57K153.57K00291.07K192.58K189.4K14.29K
Other Non-Current Assets153.57K153.57K-246.52K-2.74M964.01K-1.12M0156.2K
Total Assets+626.31K504.82K3.22M7.1M42.11M14.64M8.33M10.2M
Asset Turnover1.32x2.75x0.43x0.61x0.17x0.52x0.79x0.64x
Asset Growth %--0.19%5.38%1.2%4.93%-0.65%-0.43%0.22%
Total Current Liabilities+4.16M4.64M937.36K3.15M6.72M3.35M7.4M5.24M
Accounts Payable1.45M1.59M688.31K813.88K362.89K751.42K1.26M609.87K
Days Payables Outstanding1.13K1.29K1.15K114.0830.0340.25102.3843.12
Short-Term Debt1.69M2.05M062.98K6.75K81.51K85.06K0
Deferred Revenue (Current)033.71K33.71K385.45K245.42K258.45K0484.84K
Other Current Liabilities949.75K852.78K43.39K1.17M5.84M349.47K4.35M2.2M
Current Ratio0.09x0.06x3.17x1.39x4.99x4.04x0.90x1.73x
Quick Ratio0.05x0.05x3.12x0.99x4.49x3.72x0.69x1.44x
Cash Conversion Cycle-983.98-1.21K-1.01K126.66333.22124.763.5697.11
Total Non-Current Liabilities+0093.07K104.89K465.21K249.74K523.58K342.01K
Long-Term Debt00034.94K86.57K5.06K00
Capital Lease Obligations0093.07K64.89K378.64K244.68K428.02K273.87K
Deferred Tax Liabilities00034.94K0000
Other Non-Current Liabilities00000000
Total Liabilities4.16M4.64M1.03M3.25M7.19M3.6M7.92M5.58M
Total Debt+1.69M2.05M136.07K256.04K582.44K465.21K875.08K428.02K
Net Debt1.56M1.95M-2.29M-1.73M-22.49M-7.43M-2.22M-5.82M
Debt / Equity--0.06x0.07x0.02x0.04x2.15x0.09x
Debt / EBITDA--------
Net Debt / EBITDA--------
Interest Coverage--4.00x-19.42x-307.92x----
Total Equity+-3.53M-4.13M2.19M3.85M34.93M11.04M407.72K4.62M
Equity Growth %--0.17%1.53%0.76%8.08%-0.68%-0.96%10.34%
Book Value per Share-20.50-13.135.755.8131.428.230.241.46
Total Shareholders' Equity-3.53M-4.13M2.19M3.85M34.93M11.04M407.72K4.62M
Common Stock12.55M12.56M27.79M36.94M81.04M83.6M97.07M110.74M
Retained Earnings-17.3M-17.58M-28.1M-36.12M-52.32M-79.98M-103.59M-117.47M
Treasury Stock00000000
Accumulated OCI1.22M882.18K2.51M3.02M-196.06K153K6.93M-130.1K
Minority Interest00000000

Cash Flow

Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-829.3K-261.56K-3.89M-5.14M-22M-16.35M-18.77M-11.83M
Operating CF Margin %-1%-0.19%-2.82%-1.18%-3.12%-2.15%-2.86%-1.8%
Operating CF Growth %-0.68%-13.86%-0.32%-3.28%0.26%-0.15%0.37%
Net Income-932.02K-601.73K-11.1M-8.02M-16.2M-27.65M-23.61M-13.88M
Depreciation & Amortization34.74K38.05K49.64K152.63K311.06K772.76K546.64K577.09K
Stock-Based Compensation64.56K0761.56K2.57M3.95M3.31M2.02M1.18M
Deferred Taxes00-227.63K787.51K-2.68M000
Other Non-Cash Items-1.09M145.27K7.99M-125.68K-25.07K3.43M1.46M386.27K
Working Capital Changes610.17K156.85K-1.37M-605.15K-7.36M3.79M805.86K-102.77K
Change in Receivables434.05K-35.15K-126.8K-1.48M-596.34K-681.84K1.22M-266.42K
Change in Inventory64.74K94.76K12.62K-555.37K-2.16M-150.24K-872.26K-562.83K
Change in Payables119.59K100.07K-1.01M1.29M-1.04M1.66M-170.78K0
Cash from Investing+952.81K-1.78K-27.75K516.42K-3.31M768.65K-379.58K-23.31K
Capital Expenditures-1.19K-12.54K-87.78K-23.89K-212.58K-84.4K-490.39K-167.26K
CapEx % of Revenue0%0.01%0.06%0.01%0.03%0.01%0.07%0.03%
Acquisitions--------
Investments--------
Other Investing953.85K10.76K31.5K540.31K-2M842.3K63.84K143.94K
Cash from Financing+-194.97K235.79K6.27M4.17M46.27M-48.1K14.45M15.03M
Debt Issued (Net)--------
Equity Issued (Net)--------
Dividends Paid00000000
Share Repurchases--------
Other Financing330.8K235.39K02.3M2.13M108.92K-2.69M-2.28M
Net Change in Cash--------
Free Cash Flow+-830.49K-274.09K-3.98M-5.16M-22.22M-16.43M-19.26M-12M
FCF Margin %-1%-0.2%-2.88%-1.18%-3.15%-2.16%-2.94%-1.83%
FCF Growth %-0.67%-13.51%-0.3%-3.3%0.26%-0.17%0.38%
FCF per Share-4.82-0.87-10.43-7.79-19.99-12.24-11.41-3.80
FCF Conversion (FCF/Net Income)0.89x0.43x0.35x0.55x1.67x0.56x0.80x0.85x
Interest Paid000000067.86K
Taxes Paid00000000

Key Ratios

Metric20172018201920202021202220232024
Return on Equity (ROE)---514.16%-311.1%-67.86%-126.86%-412.48%-551.84%
Return on Invested Capital (ROIC)----528.6%-229.77%-244.5%-1865.72%-
Gross Margin43.74%67.38%84.15%40.33%37.47%10.4%31.49%21.31%
Net Margin-112.37%-43.38%-816.19%-215.3%-186.52%-383.39%-360.22%-211.51%
Debt / Equity--0.06x0.07x0.02x0.04x2.15x0.09x
Interest Coverage--4.00x-19.42x-307.92x----
FCF Conversion0.89x0.43x0.35x0.55x1.67x0.56x0.80x0.85x
Revenue Growth-67.23%-0.47%216.1%61.66%7.81%-13.81%0.09%

Revenue by Segment

2021
Services645.67K
Services Growth-

Revenue by Geography

2021
CA Country4.94M
CA Country Growth-
US Country2.07M
US Country Growth-

Frequently Asked Questions

Growth & Financials

Draganfly Inc. (DPRO) reported $7.4M in revenue for fiscal year 2024. This represents a 796% increase from $0.8M in 2017.

Draganfly Inc. (DPRO) grew revenue by 0.1% over the past year. Growth has been modest.

Draganfly Inc. (DPRO) reported a net loss of $18.1M for fiscal year 2024.

Dividend & Returns

Draganfly Inc. (DPRO) has a return on equity (ROE) of -551.8%. Negative ROE indicates the company is unprofitable.

Draganfly Inc. (DPRO) had negative free cash flow of $16.9M in fiscal year 2024, likely due to heavy capital investments.

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