DRO 2.41% $1.42 droneshield limited

Ann: 2Q24 Results Call, page-45

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  1. 2,507 Posts.
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    Re SaaS revenue. This is a trailling (12 months behind) revenue at 10% of original orders.

    The main point is DRO had $55m sales in 2023. So SaaS revenue in 2024 should be $5.5m by Q4 2024. Only $1.3m reported 1st half.

    Once new orders are added $24m this year so far that's another $2.4m by end of 2025 or $7.9m annually and continues to grow every year.

    Not insignificant in forward modelling of revenue (10× increases in Saas on 2023 ( 600k) and 15x in 2025
 
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