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Drone Delivery Canada TSXV:FLT Stock Report

Last Price

CA$0.22

Market Cap

CA$49.3m

7D

-17.0%

1Y

-38.9%

Updated

02 Jun, 2024

Data

Company Financials

Drone Delivery Canada Corp.

TSXV:FLT Stock Report

Market Cap: CA$49.3m

FLT Stock Overview

Designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally.

FLT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Drone Delivery Canada Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Drone Delivery Canada
Historical stock prices
Current Share PriceCA$0.22
52 Week HighCA$0.40
52 Week LowCA$0.15
Beta0.82
1 Month Change7.32%
3 Month Change-8.33%
1 Year Change-38.89%
3 Year Change-82.26%
5 Year Change-85.33%
Change since IPO-26.67%

Recent News & Updates

Is Drone Delivery Canada (CVE:FLT) In A Good Position To Invest In Growth?

Mar 16
Is Drone Delivery Canada (CVE:FLT) In A Good Position To Invest In Growth?

Recent updates

Is Drone Delivery Canada (CVE:FLT) In A Good Position To Invest In Growth?

Mar 16
Is Drone Delivery Canada (CVE:FLT) In A Good Position To Invest In Growth?

We Think Drone Delivery Canada (CVE:FLT) Needs To Drive Business Growth Carefully

Aug 19
We Think Drone Delivery Canada (CVE:FLT) Needs To Drive Business Growth Carefully

Is Drone Delivery Canada (CVE:FLT) In A Good Position To Deliver On Growth Plans?

Mar 16
Is Drone Delivery Canada (CVE:FLT) In A Good Position To Deliver On Growth Plans?

Drone Delivery Canada (CVE:FLT) Is In A Good Position To Deliver On Growth Plans

Jun 27
Drone Delivery Canada (CVE:FLT) Is In A Good Position To Deliver On Growth Plans

Shareholder Returns

FLTCA Aerospace & DefenseCA Market
7D-17.0%-0.9%-0.5%
1Y-38.9%-5.0%11.9%

Return vs Industry: FLT underperformed the Canadian Aerospace & Defense industry which returned -5% over the past year.

Return vs Market: FLT underperformed the Canadian Market which returned 11.9% over the past year.

Price Volatility

Is FLT's price volatile compared to industry and market?
FLT volatility
FLT Average Weekly Movement13.2%
Aerospace & Defense Industry Average Movement8.6%
Market Average Movement8.7%
10% most volatile stocks in CA Market17.5%
10% least volatile stocks in CA Market3.0%

Stable Share Price: FLT's share price has been volatile over the past 3 months.

Volatility Over Time: FLT's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
201130Steve Magiriaswww.dronedeliverycanada.com

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.

Drone Delivery Canada Corp. Fundamentals Summary

How do Drone Delivery Canada's earnings and revenue compare to its market cap?
FLT fundamental statistics
Market capCA$49.32m
Earnings (TTM)-CA$9.18m
Revenue (TTM)CA$767.49k

64.3x

P/S Ratio

-5.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FLT income statement (TTM)
RevenueCA$767.49k
Cost of RevenueCA$4.70m
Gross Profit-CA$3.93m
Other ExpensesCA$5.25m
Earnings-CA$9.18m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.041
Gross Margin-512.11%
Net Profit Margin-1,196.71%
Debt/Equity Ratio0%

How did FLT perform over the long term?

See historical performance and comparison
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