CNSX:DPROAerospace & Defense
Draganfly (CNSX:DPRO) Stock Sees Record Revenue While Losses Deepen
Draganfly entered this earnings report as a high-expectation drone stock with a rich P/S multiple and a share price that had drifted down about 16% over the past three months. The market reaction around the release has been muted, especially given the size of the story in the numbers. Q2 delivered record revenue of CA$2.664m but also a much heavier quarterly loss of CA$12.033m, which keeps the focus firmly on cash burn and the path to scale.
Is Draganfly's rich P/S multiple a sign of...