See more : Selectis Health, Inc. (GBCS) Income Statement Analysis – Financial Results
Complete financial analysis of ParaZero Technologies Ltd. (PRZO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of ParaZero Technologies Ltd., a leading company in the Aerospace & Defense industry within the Industrials sector.
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ParaZero Technologies Ltd. (PRZO)
About ParaZero Technologies Ltd.
ParaZero Technologies Ltd., an aerospace company, engages in the design, development, manufacturing, distribution, and sale of autonomous parachute safety systems for commercial drones in the United States, Israel, Canada, Europe, and internationally. The company offers SafeAir system, a smart parachute system that monitors unmanned aerial systems flight in real-time, as well as identifies critical failures and autonomously triggers a parachute in the event of an emergency. Its autonomous parachute system portfolio includes SafeAir Phantom, SafeAir Mavic, SafeAir M-200 Pro, SafeAir M-300 Pro, SafeAir M-600 Pro, SafeAir V1EX, SafeAir 350, and Custom Integrations. The company serves system manufacturers, resellers, and online stores. ParaZero Technologies Ltd. was incorporated in 2013 and is based in Kiryat Ono, Israel.
| Metric | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Revenue | 168.25K | 560.12K | 724.39K | 762.41K |
| Cost of Revenue | 476.61K | 337.57K | 464.72K | 848.93K |
| Gross Profit | -308.36K | 222.55K | 259.68K | -86.52K |
| Gross Profit Ratio | -183.28% | 39.73% | 35.85% | -11.35% |
| Research & Development | 636.80K | 640.33K | 603.70K | 318.87K |
| General & Administrative | 1.47M | 766.71K | 474.70K | 745.35K |
| Selling & Marketing | 487.90K | 264.73K | 168.70K | 169.08K |
| SG&A | 1.96M | 1.03M | 643.40K | 914.43K |
| Other Expenses | 345.93K | -115.89K | 0.00 | 0.00 |
| Operating Expenses | 2.94M | 2.06M | 1.25M | 1.23M |
| Cost & Expenses | 3.42M | 2.40M | 1.71M | 2.08M |
| Interest Income | 210.68K | 202.96K | 372.05K | -614.78K |
| Interest Expense | 152.75K | 17.39K | 2.07K | 4.77K |
| Depreciation & Amortization | 4.63K | 5.50K | 5.46K | 68.95K |
| EBITDA | -3.60M | -1.62M | -969.80K | -1.30M |
| EBITDA Ratio | -2,140.61% | -288.72% | -133.88% | -170.89% |
| Operating Income | -2.80M | -1.84M | -987.43K | -1.32M |
| Operating Income Ratio | -1,663.96% | -328.25% | -136.31% | -173.11% |
| Total Other Income/Expenses | -971.78K | 185.57K | 372.05K | -619.55K |
| Income Before Tax | -3.77M | -1.65M | -615.38K | -1.94M |
| Income Before Tax Ratio | -2,241.55% | -295.12% | -84.95% | -254.37% |
| Income Tax Expense | 0.00 | -372.01K | 2.07K | -614.78K |
| Net Income | -3.77M | -1.65M | -615.38K | -1.94M |
| Net Income Ratio | -2,241.55% | -295.12% | -84.95% | -254.37% |
| EPS | -0.77 | -0.28 | -0.10 | -0.33 |
| EPS Diluted | -0.77 | -0.28 | -0.10 | -0.33 |
| Weighted Avg Shares Out | 4.89M | 5.95M | 5.95M | 5.95M |
| Weighted Avg Shares Out (Dil) | 4.89M | 5.95M | 5.95M | 5.95M |
ParaZero Announces First Half of 2024 Financial Results
TEL AVIV, Israel, Sept. 03, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "company” or “ParaZero”), an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility aircraft, reported today its financial...
ParaZero Successfully Customized Advanced Safety System for Manned Aircraft by Leading U.S. Advanced Air Mobility Company
ParaZero met all milestones as required by the Advanced Air Mobility company, achieving complete customer satisfaction Tel Aviv, Israel, Aug. 27, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "Company” or “ParaZero”), an aerospace company focused on drone...
Xylo Technologies: ParaZero Received Order from a Leading Tier-One Defense Company for 50 Drone Safety Systems
TEL AVIV, Israel, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Xylo Technologies Ltd. (Nasdaq: XYLO) (“Xylo” or the “Company”), a technology-based company engaged in advanced innovative technologies, announced today that ParaZero Technologies Ltd. (Nasdaq: PRZO) ( “ParaZero”), an aerospace company focused...
ParaZero Received Order from a Leading Tier-One Defense Company for 50 Drone Safety Systems for Military Operational Use
Tel Aviv, Israel, Aug. 12, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "Company” or “ParaZero”), an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility aircraft, announced today a partnership...
ParaZero Technologies Ltd. (NASDAQ: PRZO) Announces Receipt of Extension to Meet the Nasdaq's Minimum Bid Price Requirement
Tel Aviv, Israel, Aug. 09, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "Company” or “ParaZero”), an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility aircraft, announced today that on...
ParaZero Received ASTM F3322-22 Standard Approval According to FAA New Regulations Allowing Flight Operation Over People
The new FAA regulations state that drones weighing under 3.5 pounds with a system that has passed the ASTM F3322-18 and above test are approved to fly over populated areas
ParaZero Received a Purchase Order for its Advanced Safety Systems for UAE-based Manufacturer of Heavy-Lift Cargo Drones
ParaZero to develop , equip and supply its safety systems to a UAE -based air mobility company
AI-Fueled Penny Stocks: 3 High-Risk, High-Reward Opportunities
Artificial intelligence has fueled the stock market over the last 12 to 15 months. Many have suggested that its emergence alone is the reason the economy did not collapse in 2023 and remains strong today.
ParaZero Integrates its Safety Technology into Draganfly's Commander 3XL Drones for Home Hospital Delivery and Emergency Response
Tel Aviv, Israel, April 25, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "Company” or “ParaZero”), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, today announced a strategic collaboration with...
ParaZero Received Purchase Order from Draganfly for Advanced Safety Technology Integration into Commander 3XL Drones
Tel Aviv, Israel, April 24, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "Company” or “ParaZero”), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, received a significant purchase order from...
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