Ann: $13.5 Million U.S. Government Contract, page-45

There are 48 companies in the ASX 300 that do not earn a dollar of profit, about 30 per cent more than the index historically carries, according to MST Marquee research, which describes the phenomenon as a consequence of central banks and their cavalier attitudes to fuelling speculative bubbles.The same companies are worth around 10 percentage points of index weight and capitalised at around $200 billion. Over the past 20 years, the ASX 300 has averaged 37 unprofitable businesses including at the peak of the global financial crisis when there were 70.

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In light of this...

As of 2024, DroneShield is projected to make a profit of $24.4 million. This follows a significant increase in their revenue, driven by multiple large contracts and a growing demand for their counter-drone technology.

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