DroneShield (ASX:DRO) H1 2024 Results
Key financial results
-
Revenue: AU$24.0 million (up 108% from H1 2023).
-
Net loss: AU$4.80 million (loss increased by 64% from H1 2023).
-
AU$0.008 loss per share (further deterioration from the AU$0.006 loss in H1 2023).
All figures shown in the graph above refer to the last 12 months (TTM)
DroneShield Earnings Insights
Average sales growth of 32% per annum is expected for the next three years. In contrast, growth of 6.9% is forecast for the global aerospace and defense industry.
Development of the market in Australia.
The company’s shares rose 12% compared to the previous week.
Risk analysis
Before you take the next step, you should know about the 3 warning signs for DroneShield (1 is worrying!) that we uncovered.
Do you have feedback on this article? Are you concerned about the content? Contact us directly from us. Alternatively, send an email to editorial-team (at) simplywallst.com.
This Simply Wall St article is of a general nature. We comment solely on the basis of historical data and analyst forecasts, using an unbiased methodology. Our articles do not constitute financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St does not hold any of the stocks mentioned.
