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Safe Pro Group Inc. Common Stock (SPAI) 10-Year Financial Performance & Capital Metrics

SPAI • • Industrial / General
IndustrialsAerospace & DefenseUnmanned Systems & RoboticsCommercial & Industrial Drones
AboutSafe Pro Group Inc. manufactures and sells personal protective gear and ballistic protection products in the United States. The company offers explosive ordinance disposal and unexploded ordinance disposal products; ballistic vests; and body armor, helmets, and ballistic blankets, as well as aerial managed services (drones) for the inspection of radio towers and power grids. It also develops artificial intelligence-powered detection and data analysis and reporting tools for hyper-scalable and cloud-based processing of drone imagery. In addition, the company provides drone as a responder (DaaR) solutions for public safety, emergency management, security, critical infrastructure, and other incident response; critical infrastructure inspection utilizing visual and/or IR/ thermal sensors; data capture, analytics, and processing by machine learning and artificial intelligence to provide data-driven insights and reporting; aerial mapping of ground-based infrastructure and other targeted assets; UAS-related training and consultation services; and other customized and specialized services. It serves critical infrastructure, insurance, public utilities, and telecommunication network operators; state and local/municipal governments and agencies; and police, fire, and other public safety organizations. The company was formerly known as Cybernate Corp. and changed its name to Safe Pro Group Inc. in July 2022. Safe Pro Group Inc. was incorporated in 2021 and is based in Aventura, Florida.Show more
  • Revenue $2M +136.4%
  • EBITDA -$7M -12.2%
  • Net Income -$7M -17.6%
  • EPS (Diluted) -0.51 -10.9%
  • Gross Margin 41.77% +23.2%
  • EBITDA Margin -313.99% +52.5%
  • Operating Margin -329.71% +52.0%
  • Net Margin -342.46% +50.2%
  • ROE -262.92% +9.3%
  • ROIC -249.93% +22.9%
  • Debt/Equity 0.17 -53.0%
  • Interest Coverage -23.33 +97.0%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 87 (top 13%)

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Trading more than 30% below 52-week high
  • ✗Expensive at 23.4x book value

* 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-
5Y-
3Y-
TTM-18.75%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-17.29%

EPS CAGR

10Y-
5Y-
3Y-
TTM6.01%

ROCE

10Y Avg-170.17%
5Y Avg-170.17%
3Y Avg-170.17%
Latest-235.67%

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.13.31M0.97-0.00-72.64%-29.91%
UAVSAgEagle Aerial Systems, Inc.67.94M1.56-0.03-2.54%-153.64%-68.52%
PRZOParaZero Technologies Ltd.28.59M1.35-1.3650.22%-10.78%-261.91%
DPRODraganfly Inc.238.93M9.34-2.120.09%-243.25%-25.67%0.09
AIROAIRO Group Holdings, Inc. Common Stock413.21M13.20-8.52100.99%-125.14%-10.76%5.01%0.09
SPAISafe Pro Group Inc. Common Stock130.87M6.24-12.24136.37%-9.69%-145.44%0.17
RCATRed Cat Holdings, Inc.1.67B14.03-16.51-59.21%-410.21%-25.96%0.04

Profit & Loss

Dec 2022Dec 2023Dec 2024
Sales/Revenue+1.15M917.72K2.17M
Revenue Growth %--0.2%1.36%
Cost of Goods Sold+632.07K606.64K1.26M
COGS % of Revenue0.55%0.66%0.58%
Gross Profit+518.54K311.08K906.15K
Gross Margin %0.45%0.34%0.42%
Gross Profit Growth %--0.4%1.91%
Operating Expenses+1.02M6.62M8.06M
OpEx % of Revenue0.89%7.21%3.71%
Selling, General & Admin945.5K6.06M7.7M
SG&A % of Revenue0.82%6.61%3.55%
Research & Development0373.65K90.37K
R&D % of Revenue-0.41%0.04%
Other Operating Expenses75.88K182.16K272.7K
Operating Income+-502.84K-6.31M-7.15M
Operating Margin %-0.44%-6.87%-3.3%
Operating Income Growth %--11.54%-0.13%
EBITDA+-397.49K-6.07M-6.81M
EBITDA Margin %-0.35%-6.61%-3.14%
EBITDA Growth %--14.27%-0.12%
D&A (Non-Cash Add-back)105.36K239.01K341.08K
EBIT-502.8K-6.31M-7.12M
Net Interest Income+-4.8K-7.72K-276.46K
Interest Income4450830.06K
Interest Expense4.84K8.23K306.52K
Other Income/Expense-4.8K-7.72K-276.46K
Pretax Income+-507.64K-6.31M-7.43M
Pretax Margin %-0.44%-6.88%-3.42%
Income Tax+000
Effective Tax Rate %1%1%1%
Net Income+-507.64K-6.31M-7.43M
Net Margin %-0.44%-6.88%-3.42%
Net Income Growth %--11.44%-0.18%
Net Income (Continuing)-507.64K-6.31M-7.43M
Discontinued Operations000
Minority Interest000
EPS (Diluted)+-0.07-0.46-0.51
EPS Growth %--5.79%-0.11%
EPS (Basic)-0.07-0.46-0.51
Diluted Shares Outstanding7.5M13.68M14.53M
Basic Shares Outstanding7.5M13.68M14.53M
Dividend Payout Ratio---

Balance Sheet

Dec 2022Dec 2023Dec 2024
Total Current Assets+2.35M1.27M2.75M
Cash & Short-Term Investments1.75M703.37K1.97M
Cash Only1.75M703.37K1.97M
Short-Term Investments000
Accounts Receivable102.18K163.33K123.69K
Days Sales Outstanding32.4164.9620.81
Inventory364.24K359.16K342.06K
Days Inventory Outstanding210.34216.198.85
Other Current Assets136.1K48.05K0
Total Non-Current Assets+1.88M2.16M2.2M
Property, Plant & Equipment566.65K474.33K416.5K
Fixed Asset Turnover2.03x1.93x5.21x
Goodwill684.87K684.87K684.87K
Intangible Assets622.6K987.29K1.09M
Long-Term Investments000
Other Non-Current Assets9.8K9.8K9.8K
Total Assets+4.24M3.43M4.95M
Asset Turnover0.27x0.27x0.44x
Asset Growth %--0.19%0.44%
Total Current Liabilities+1.35M1.42M893.93K
Accounts Payable51.04K169.08K119.81K
Days Payables Outstanding29.48101.7334.62
Short-Term Debt0343.8K421.62K
Deferred Revenue (Current)43.98K84.67K0
Other Current Liabilities134.41K203.45K83.77K
Current Ratio1.74x0.90x3.08x
Quick Ratio1.47x0.65x2.69x
Cash Conversion Cycle213.28179.3385.04
Total Non-Current Liabilities+305.63K237.11K181.59K
Long-Term Debt146K146K146K
Capital Lease Obligations159.63K91.11K35.59K
Deferred Tax Liabilities000
Other Non-Current Liabilities000
Total Liabilities1.66M1.65M1.08M
Total Debt+368.17K649.43K666.33K
Net Debt-1.38M-53.94K-1.3M
Debt / Equity0.14x0.37x0.17x
Debt / EBITDA---
Net Debt / EBITDA---
Interest Coverage-103.85x-766.61x-23.33x
Total Equity+2.58M1.78M3.87M
Equity Growth %--0.31%1.18%
Book Value per Share0.340.130.27
Total Shareholders' Equity2.58M1.78M3.87M
Common Stock7518731.45K
Retained Earnings-507.64K-6.82M-14.25M
Treasury Stock000
Accumulated OCI000
Minority Interest000

Cash Flow

Dec 2022Dec 2023Dec 2024
Cash from Operations+1.08M-2M-4.1M
Operating CF Margin %0.94%-2.18%-1.89%
Operating CF Growth %--2.86%-1.04%
Net Income-507.64K-6.31M-7.43M
Depreciation & Amortization105.36K239.01K341.08K
Stock-Based Compensation03.62M2.85M
Deferred Taxes000
Other Non-Cash Items224.57K213.33K440.2K
Working Capital Changes1.26M241.73K-300.9K
Change in Receivables1.56M-61.15K39.64K
Change in Inventory-297.1K5.08K17.1K
Change in Payables-44.14K118.04K-49.27K
Cash from Investing+169.56K-30.17K-436.39K
Capital Expenditures-26.34K-30.17K-63.8K
CapEx % of Revenue0.02%0.03%0.03%
Acquisitions---
Investments---
Other Investing00-372.59K
Cash from Financing+503.61K985.15K5.8M
Debt Issued (Net)---
Equity Issued (Net)---
Dividends Paid000
Share Repurchases---
Other Financing-721.89K-495.1K855.67K
Net Change in Cash---
Free Cash Flow+1.05M-2.03M-4.53M
FCF Margin %0.91%-2.22%-2.09%
FCF Growth %--2.93%-1.23%
FCF per Share0.14-0.15-0.31
FCF Conversion (FCF/Net Income)-2.13x0.32x0.55x
Interest Paid05.03K0
Taxes Paid000

Key Ratios

Metric202220232024
Return on Equity (ROE)-19.67%-289.85%-262.92%
Return on Invested Capital (ROIC)--324.09%-249.93%
Gross Margin45.07%33.9%41.77%
Net Margin-44.12%-688.08%-342.46%
Debt / Equity0.14x0.37x0.17x
Interest Coverage-103.85x-766.61x-23.33x
FCF Conversion-2.13x0.32x0.55x
Revenue Growth--20.24%136.37%

Revenue by Segment

2024
Product744.01K
Product Growth-
Service519.02K
Service Growth-

Revenue by Geography

2024
UNITED STATES420.94K
UNITED STATES Growth-
Asia Pacific-2.43K
Asia Pacific Growth-

Frequently Asked Questions

Growth & Financials

Safe Pro Group Inc. Common Stock (SPAI) reported $1.3M in revenue for fiscal year 2024. This represents a 10% increase from $1.2M in 2022.

Safe Pro Group Inc. Common Stock (SPAI) grew revenue by 136.4% over the past year. This is strong growth.

Safe Pro Group Inc. Common Stock (SPAI) reported a net loss of $12.3M for fiscal year 2024.

Dividend & Returns

Safe Pro Group Inc. Common Stock (SPAI) has a return on equity (ROE) of -262.9%. Negative ROE indicates the company is unprofitable.

Safe Pro Group Inc. Common Stock (SPAI) had negative free cash flow of $4.9M in fiscal year 2024, likely due to heavy capital investments.

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