Bell Potter reasearch
Despite the miss to our estimates, this was a standout year for DroneShield. The record cash receipts ($73.5m) are a better reflection of the significant number of contracts won in CY23 than the revenue result due to the delayed recognition of certain revenues. The company enters CY23 with a $30m contracted order backlog and a sales pipeline of over $400m. The most significant opportunities in this sales pipeline include the roll out of counter-drone technology across US military bases,further orders under a framework agreement with a European Government customer and the Air Services Australia tender to install C-UAS technology across 29 Australian airports
DRO - Chart and TA., page-498
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Last
$1.40 |
Change
-0.055(3.79%) |
Mkt cap ! $1.216B | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.45 | $1.37 | $10.72M | 7.663M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7167 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 10000 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| DRO (ASX) Chart |