DroneShield First Half 2024 Earnings: AU$0.008 loss per share (vs AU$0.006 loss in 1H 2023)

DroneShield (ASX:DRO) First Half 2024 Results

Key Financial Results

• Revenue: AU$24.0m (up 108% from 1H 2023).
• Net loss: AU$4.80m (loss widened by 64% from 1H 2023).
• AU$0.008 loss per share (further deteriorated from AU$0.006 loss in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

DroneShield Earnings Insights

Looking ahead, revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Global Aerospace & Defense industry.

Performance of the market in Australia.

The company's shares are up 12% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for DroneShield (of which 1 can't be ignored!) you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.