DroneShield Ltd (ASXRO) has reported a 60% increase in revenue to $16.9 million, with a narrowed net loss of $949k for 2022. The company is rapidly approaching profitability, and the CEO expects 2023 to be a transformational year with a strong balance sheet of approximately $20.5 million in cash and no debt or convertibles. DroneShield offers customers bespoke counterdrone and electronic warfare solutions globally, and has recently witnessed two all-time record $11 million orders in December 2022 and January 2023.
DroneShield Ltd (ASX:DRO) has reported a 60% increase in revenue...
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Last
$1.49 |
Change
-0.063(4.03%) |
Mkt cap ! $1.120B | |||
| Open | High | Low | Value | Volume |
| $1.47 | $1.55 | $1.43 | $32.46M | 21.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 33475 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.49 | 213859 | 19 |
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| Last trade - 14.48pm 23/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |