DroneShield Ltd Stock
€0.80
Your prediction
DroneShield Ltd Stock
Pros and Cons of DroneShield Ltd in the next few years
Pros
Cons
Performance of DroneShield Ltd vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| DroneShield Ltd | 0.760% | 3.776% | 10.694% | 359.366% | 222.672% | 599.123% | 246.522% |
| Dubber Corp. Ltd | -8.700% | -4.545% | -19.231% | -82.500% | -87.791% | -99.547% | -98.924% |
| Oakridge International Ltd. | - | 1.961% | -13.333% | -22.388% | -10.345% | 5100.000% | 25900.000% |
| Inuvo Inc. | 2.910% | 4.965% | -13.112% | 8.824% | -33.133% | -63.607% | - |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Evaluating the financials of DroneShield Ltd provides a comprehensive insight into the company's performance and potential for growth in the competitive Software & IT Services sector. In recent years, significant fluctuations in revenue, net income, and operational expenses have created a mixed financial picture. A closer examination highlights both promising attributes and considerable challenges.
Starting with the positives, DroneShield's liquidity position appears strong, notably reflected in a cash balance of approximately AUD 56.7 million for 2023. This substantial cash reserve indicates a strong ability to meet short-term obligations and invest in future growth. Furthermore, the company's total assets reached around AUD 97 million, which underscores its capability to finance operations and absorb any unexpected financial shocks.
Another impressive aspect is DroneShield's revenue generation. In the most recent fiscal year, the company reported a total revenue of AUD 54.1 million, demonstrating reasonable growth when compared to the previous year's AUD 16.8 million. The quarterly revenue growth year-over-year (YOY) of approximately 229.5% paints a very positive picture for future performance. This growth trajectory hints at robust market demand for its products, indicating the company might have secured a strong position in a niche market within the industry.