See more : Canadian General Investments, Limited (CGI.L) Income Statement Analysis – Financial Results
Complete financial analysis of Safe Pro Group Inc. Common Stock (SPAI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Safe Pro Group Inc. Common Stock, a leading company in the None industry within the None sector.
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Safe Pro Group Inc. Common Stock (SPAI)
Website: https://safeprogroup.com
About Safe Pro Group Inc. Common Stock
Safe Pro Group Inc. manufactures and sells personal protective gear and ballistic protection products in the United States. The company offers explosive ordinance disposal and unexploded ordinance disposal products; ballistic vests; and body armor, helmets, and ballistic blankets, as well as aerial managed services (drones) for the inspection of radio towers and power grids. It also develops artificial intelligence-powered detection and data analysis and reporting tools for hyper-scalable and cloud-based processing of drone imagery. In addition, the company provides drone as a responder (DaaR) solutions for public safety, emergency management, security, critical infrastructure, and other incident response; critical infrastructure inspection utilizing visual and/or IR/ thermal sensors; data capture, analytics, and processing by machine learning and artificial intelligence to provide data-driven insights and reporting; aerial mapping of ground-based infrastructure and other targeted assets; UAS-related training and consultation services; and other customized and specialized services. It serves critical infrastructure, insurance, public utilities, and telecommunication network operators; state and local/municipal governments and agencies; and police, fire, and other public safety organizations. The company was formerly known as Cybernate Corp. and changed its name to Safe Pro Group Inc. in July 2022. Safe Pro Group Inc. was incorporated in 2021 and is based in Aventura, Florida.
| Metric | 2023 | 2022 |
|---|---|---|
| Revenue | 917.72K | 1.15M |
| Cost of Revenue | 606.64K | 632.07K |
| Gross Profit | 311.08K | 518.54K |
| Gross Profit Ratio | 33.90% | 45.07% |
| Research & Development | 373.66K | 0.00 |
| General & Administrative | 6.06M | 945.51K |
| Selling & Marketing | 0.00 | 0.00 |
| SG&A | 6.06M | 945.51K |
| Other Expenses | 182.16K | 75.88K |
| Operating Expenses | 6.62M | 1.02M |
| Cost & Expenses | 7.22M | 1.65M |
| Interest Income | 508.00 | 44.00 |
| Interest Expense | 8.23K | 4.84K |
| Depreciation & Amortization | 239.01K | 105.36K |
| EBITDA | -6.07M | -397.44K |
| EBITDA Ratio | -661.14% | -34.54% |
| Operating Income | -6.31M | -502.84K |
| Operating Income Ratio | -687.24% | -43.70% |
| Total Other Income/Expenses | -7.72K | -4.80K |
| Income Before Tax | -6.31M | -507.64K |
| Income Before Tax Ratio | -688.08% | -44.12% |
| Income Tax Expense | 0.00 | 0.00 |
| Net Income | -6.31M | -507.64K |
| Net Income Ratio | -688.08% | -44.12% |
| EPS | -0.46 | -0.04 |
| EPS Diluted | -0.46 | -0.04 |
| Weighted Avg Shares Out | 13.68M | 13.68M |
| Weighted Avg Shares Out (Dil) | 13.68M | 13.68M |
Safe Pro Group Receives US Patent Office Notice of Allowance for AI-Processed Drone Imagery to Detect and Locate Explosives; Patent Would Secure Broad IP Protection for 21 Claims Valid Until 2043
Safe Pro Group's Airborne Response Drone Unit Secures Second Contract Extension with Citizens Property Insurance for Urgent Response and Routine Aerial Services
Safe Pro AI Completes United Nations Development Programme's Purchase Order for Artificial Intelligence Minefield Analysis in Ukraine
U.S. IPO Weekly Recap: Small Issuers Close Out August IPO Market
Safe Pro Group Inc. Completes Initial Public Offering
Source: https://incomestatements.info
Category: Stock Reports