Draganfly Stock Revenue
| DPRO Stock | USD 3.07 0.56 22.31% |
Draganfly fundamentals help investors to digest information that contributes to Draganfly's financial success or failures. It also enables traders to predict the movement of Draganfly Stock. The fundamental analysis module provides a way to measure Draganfly's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Draganfly stock.
Draganfly |
Draganfly Company Revenue Analysis
Draganfly's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Draganfly Revenue | 6.55 M |
Most of Draganfly's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Draganfly is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Draganfly
Projected quarterly revenue analysis of Draganfly provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Draganfly match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Draganfly's stock price.
Draganfly Revenue Historical Pattern
Today, most investors in Draganfly Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Draganfly's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Draganfly revenue as a starting point in their analysis.
Draganfly Revenue |
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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Based on the latest financial disclosure, Draganfly reported 6.55 M of revenue. This is 99.81% lower than that of the Machinery sector and 99.95% lower than that of the Industrials industry. The revenue for all United States stocks is 99.93% higher than that of the company.
Draganfly Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Draganfly's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Draganfly could also be used in its relative valuation, which is a method of valuing Draganfly by comparing valuation metrics of similar companies.Draganfly is currently under evaluation in revenue category among its peers.
Draganfly ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Draganfly's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Draganfly's managers, analysts, and investors.Environmental | Governance | Social |
Draganfly Institutional Holders
Institutional Holdings refers to the ownership stake in Draganfly that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Draganfly's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Draganfly's value.| Shares | Mather Group, Inc. | 2024-06-30 | 2 K | Ubs Group Ag | 2024-06-30 | 1.5 K | Simplex Trading, Llc | 2024-06-30 | 1.3 K | Benjamin F. Edwards & Company, Llc | 2024-06-30 | 1000 | Td Waterhouse Canada Inc | 2024-06-30 | 610 | Ancora Advisors Llc | 2024-06-30 | 500 | The Toronto-dominion Bank | 2024-06-30 | 374 | Federation Des Caisses Desjardins Du Quebec | 2024-06-30 | 360 | Your Advocates Ltd., Llp | 2024-06-30 | 300 | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 70.2 K | Two Sigma Securities, Llc | 2024-06-30 | 38.4 K |
Draganfly Fundamentals
| Return On Equity | -6.07 | ||||
| Return On Asset | -0.86 | ||||
| Operating Margin | (2.19) % | ||||
| Current Valuation | 13.91 M | ||||
| Shares Outstanding | 5.43 M | ||||
| Shares Owned By Insiders | 1.27 % | ||||
| Shares Owned By Institutions | 1.81 % | ||||
| Number Of Shares Shorted | 127.54 K | ||||
| Price To Earning | 4.51 X | ||||
| Price To Book | 5.32 X | ||||
| Price To Sales | 2.72 X | ||||
| Revenue | 6.55 M | ||||
| Gross Profit | 2.77 M | ||||
| EBITDA | (21.85 M) | ||||
| Net Income | (23.61 M) | ||||
| Cash And Equivalents | 12.45 M | ||||
| Cash Per Share | 0.37 X | ||||
| Total Debt | 875.08 K | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 9.59 X | ||||
| Book Value Per Share | 0.21 X | ||||
| Cash Flow From Operations | (18.77 M) | ||||
| Short Ratio | 1.46 X | ||||
| Earnings Per Share | (3.80) X | ||||
| Target Price | 8.4 | ||||
| Beta | 1.65 | ||||
| Market Capitalization | 16.66 M | ||||
| Total Asset | 8.33 M | ||||
| Retained Earnings | (103.59 M) | ||||
| Working Capital | (717.02 K) | ||||
| Net Asset | 8.33 M |
About Draganfly Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Draganfly's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Draganfly using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Draganfly based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Draganfly
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Draganfly position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Draganfly will appreciate offsetting losses from the drop in the long position's value.Moving against Draganfly Stock
| 0.39 | ERJ | Embraer SA ADR Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Draganfly could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Draganfly when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Draganfly - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Draganfly to buy it.
The correlation of Draganfly is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Draganfly moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Draganfly moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Draganfly can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Draganfly Piotroski F Score and Draganfly Altman Z Score analysis. To learn how to invest in Draganfly Stock, please use our How to Invest in Draganfly guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Draganfly. If investors know Draganfly will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Draganfly listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.80) | Revenue Per Share 2.826 | Quarterly Revenue Growth (0.09) | Return On Assets (0.86) | Return On Equity (6.07) |
The market value of Draganfly is measured differently than its book value, which is the value of Draganfly that is recorded on the company's balance sheet. Investors also form their own opinion of Draganfly's value that differs from its market value or its book value, called intrinsic value, which is Draganfly's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Draganfly's market value can be influenced by many factors that don't directly affect Draganfly's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Draganfly's value and its price as these two are different measures arrived at by different means. Investors typically determine if Draganfly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Draganfly's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.