Financial ChallengesDPRO will need to raise additional capital in 1H25 and before reaching breakeven in 2027, indicating ongoing financial challenges.
Profitability ConcernsGross margin was 23.4%, which was below the 33.7% estimate.
Revenue Performance3Q revenue was below expectations, with revenue of $1.9M, down 11.8% year-over-year, as the company prepares for an upswing in demand for domestic drones.