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
Bell Potter reasearchDespite the miss to our estimates, this was...
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Last
$2.01 |
Change
0.080(4.15%) |
Mkt cap ! $1.532B | |||
| Open | High | Low | Value | Volume |
| $1.98 | $2.03 | $1.88 | $37.37M | 18.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.02 | 230725 | 9 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |