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...
Add DRO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.00 |
Change
0.070(3.63%) |
Mkt cap ! $1.509B | |||
| Open | High | Low | Value | Volume |
| $1.98 | $2.03 | $1.88 | $30.37M | 15.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 33740 | $2.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.01 | 42160 | 6 |
View Market Depth
| Last trade - 14.08pm 04/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |