See more : Manufatura de Brinquedos Estrela S.A. (ESTR4.SA) Income Statement Analysis – Financial Results
Complete financial analysis of Drone Delivery Canada Corp. (TAKOF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Drone Delivery Canada Corp., a leading company in the Computer Hardware industry within the Technology sector.
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Drone Delivery Canada Corp. (TAKOF)
About Drone Delivery Canada Corp.
Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution. It serves governments; commercial and industrial applications, such as emergency services, medical, last-mile delivery, mining, oil and gas, agriculture, parcel delivery, postal mail, and military/security; and indigenous and non-indigenous remote communities. The company was incorporated in 2011 and is headquartered in Vaughan, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 34.87M | 826.45K | 335.02K | 265.27K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 23.74M | 225.13K | 347.24K | 152.71K | 393.28K | 24.19K | 11.47K | 17.51K | 10.76K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 11.14M | 601.32K | -12.22K | 112.56K | -393.28K | -24.19K | -11.47K | -17.51K | -10.76K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 31.93% | 72.76% | -3.65% | 42.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 1.34M | 1.95M | 1.63M | 2.20M | 2.82M | 4.04M | 2.30M | 450.06K | 30.56K | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 7.71M | 11.45M | 10.63M | 10.00M | 11.51M | 12.83M | 4.71M | 1.63M | 338.91K | 497.55K | 798.11K | 503.00K | 129.94K |
| Selling & Marketing | 1.86M | 159.71K | 1.68M | 1.22M | 795.54K | 2.71M | 1.35M | 126.71K | 2.64K | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 9.56M | 11.61M | 12.31M | 11.21M | 12.31M | 15.54M | 6.05M | 1.76M | 338.91K | 497.55K | 798.11K | 503.00K | 129.94K |
| Other Expenses | 9.29M | 386.63K | 184.93K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 20.20M | 14.57M | 14.79M | 14.24M | 15.52M | 19.61M | 8.36M | 2.23M | 338.91K | 497.55K | 798.11K | 503.00K | 129.94K |
| Cost & Expenses | 43.94M | 14.80M | 15.14M | 14.39M | 15.52M | 19.61M | 8.36M | 2.23M | 338.91K | 497.55K | 798.11K | 503.00K | 129.94K |
| Interest Income | 0.00 | 297.35K | 61.84K | 111.06K | 250.99K | 0.00 | 0.00 | 0.00 | 7.00K | 17.52K | 6.64K | 4.48K | 3.45K |
| Interest Expense | 1.66M | 45.85K | 55.03K | 111.24K | 74.01K | 4.88K | 3.77K | 7.48K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 4.03M | 1.01M | 856.34K | 822.90K | 393.28K | 24.19K | 11.47K | 17.51K | 10.76K | 227.81K | -1.60M | 0.00 | 0.00 |
| EBITDA | -4.46M | -5.35M | -1.87M | 435.79K | -15.13M | -19.58M | -8.35M | -2.21M | 1.59M | -488.20K | -798.67K | -502.07K | -129.94K |
| EBITDA Ratio | -12.79% | -1,485.94% | -4,088.83% | -4,973.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | -9.06M | -14.08M | -14.93M | -14.24M | -15.52M | -19.61M | -8.36M | -2.23M | 1.59M | -488.20K | 798.11K | -502.07K | -129.94K |
| Operating Income Ratio | -25.99% | -1,703.22% | -4,455.99% | -5,367.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -1.09M | 1.82M | -1.63M | 494.64K | -74.01K | -260.40K | -349.57K | -857.65K | -1.91M | 260.39K | -1.59M | -934.00 | 4.17K |
| Income Before Tax | -10.16M | -13.41M | -14.70M | -14.13M | -15.60M | -19.61M | -8.36M | -2.92M | -2.26M | -489.38K | -790.91K | -499.46K | -125.77K |
| Income Before Tax Ratio | -29.13% | -1,623.12% | -4,387.66% | -5,326.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | -464.22K | 432.48K | 239.96K | 111.24K | 221.42K | -136.95K | 0.00 | 7.48K | 1.91M | -235.98K | 1.59M | 0.00 | 125.77K |
| Net Income | -9.46M | -13.41M | -14.70M | -14.13M | -15.60M | -19.61M | -8.36M | -2.92M | -2.26M | -489.38K | -790.91K | -499.46K | -125.77K |
| Net Income Ratio | -27.14% | -1,623.12% | -4,387.66% | -5,326.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | -0.08 | -0.06 | -0.07 | -0.08 | -0.09 | -0.12 | -0.07 | -0.04 | -0.09 | -0.02 | -0.05 | -0.05 | -0.02 |
| EPS Diluted | -0.08 | -0.06 | -0.07 | -0.08 | -0.09 | -0.12 | -0.07 | -0.04 | -0.09 | -0.02 | -0.05 | -0.05 | -0.02 |
| Weighted Avg Shares Out | 117.89M | 224.20M | 222.14M | 184.68M | 172.78M | 159.82M | 116.70M | 77.22M | 24.06M | 22.94M | 15.91M | 11.01M | 7.44M |
| Weighted Avg Shares Out (Dil) | 117.89M | 224.20M | 222.14M | 184.68M | 172.78M | 159.82M | 116.70M | 77.22M | 24.06M | 22.94M | 15.91M | 11.01M | 7.44M |
CORRECTING AND REPLACING - Volatus Releases Third Quarter 2024 Financial Results and Provides Corporate Update
Correction: Updated Webinar Registration Link for Volatus Aerospace Q3 Financial Results Announcement Closed transformational merger of equals transaction with Drone Delivery Canada Generated positive cash from operating activities in the quarter Achieved blended gross margin of 34% 44% growth in...
Volatus Releases Third Quarter 2024 Financial Results and Provides Corporate Update
Closed transformational merger of equals transaction with Drone Delivery Canada Generated positive cash from operating activities in the quarter Achieved blended gross margin of 34% 44% growth in services revenue Subsequent to quarter end, closed institutionally led $15M financing with...
Volatus Aerospace Secures DAIR Green Fund Grant for Detect and Avoid Technology, Accelerating BVLOS Operations
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Volatus Aerospace Secures $15 Million in Financing from Major Institutional Investors
Investissement Québec and Export Development Canada (EDC) each provide $7.5M TORONTO, ON / ACCESSWIRE / October 21, 2024 / Volatus Aerospace Inc. (TSXV:FLT.V)(OTCQX:TAKOF) (Frankfurt:A3DP5Y/ABBA.F) ("Volatus" or the "Company") is pleased to announce the successful closing of a total of $15...
Volatus Aerospace Inc. to Present at The 2024 Cantech Letter Conference in Toronto, ON
Toronto, Ontario--(Newsfile Corp. - October 7, 2024) - Volatus Aerospace Inc. (TSXV: FLT) (OTCQX: TAKOF), Volatus Aerospace, a leader in aerial solutions, is pleased to announce its participation at the upcoming Cantech Letter Investment Conference on Wednesday, October 9, 2024...
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