Draganfly Inc.

NasdaqCM:DPRO Stock Report

Market Cap: US$226.9m

Draganfly Management

Management criteria checks 3/4

Draganfly's CEO is Cameron Chell, appointed in Aug 2019, has a tenure of 6.75 years. total yearly compensation is CA$790.87K, comprised of 55.4% salary and 44.6% bonuses, including company stock and options. directly owns 0.066% of the company’s shares, worth $149.19K. The average tenure of the management team and the board of directors is 5.5 years and 5.8 years respectively.

Key information

Cameron Chell

Chief executive officer

CA$790.9k

Total compensation

CEO salary percentage55.35%
CEO tenure6.8yrs
CEO ownership0.07%
Management average tenure5.5yrs
Board average tenure5.8yrs

Recent management updates

Recent updates

Analysis Article • Sep 29

America’s Drone Defense Shift Puts Draganfly in the Spotlight

Draganfly is one of the most experienced drone manufacturers worldwide, boasting nearly three decades of innovation, and is now emerging as a North American leader in secure, NDAA-compliant drones.
Analysis Article • Sep 24

Weekly Picks: ⛏️ The Gold Play With Permits, A Plan And Real Momentum And 2 More Picks

This week’s picks cover: Why most people don’t understand The Cheesecake Factory’s potential, how fully permitted gold miner, 1911 Gold, could offer 50x return, why rate cuts benefit dividend plays like Coca Cola immensely.
New Narrative • Sep 18

America Wants Homegrown Drones — Draganfly Is Ready to Deliver

Key Takeaways Draganfly is one of the most experienced drone manufacturers worldwide, boasting nearly three decades of innovation, and is now emerging as a North American leader in secure, NDAA-compliant drones. The company is riding massive industry tailwinds as Western governments shift away from Chinese-made drones, funneling billions into trusted domestic suppliers.
Seeking Alpha • Sep 07

Why Risk Of Further Dilution Outweighs Draganfly's Good Prospects

Summary Draganfly continues to dilute shareholders with frequent equity issuances, increasing outstanding shares by over 150% in H1 2025. Despite positive developments like a 37% YoY increase in product sales, the company remains unprofitable with operating losses each quarter. Gross profit is positive, but comprehensive profit is negative and substantial in size, raising concerns about how long it will take for the company to become profitable. The investment thesis remains a 'sell' due to ongoing losses and dilution risk, despite the industry's potential and Draganfly's prospects as a leading company in that industry. Read the full article on Seeking Alpha
Seeking Alpha • Aug 09

Draganfly GAAP EPS of $0.02, revenue of $2.37M

Draganfly press release (NASDAQ:DPRO): Q2 GAAP EPS of $0.02. Revenue of $2.37M (+19.7% Y/Y).
Seeking Alpha • Jun 28

Draganfly's Q1 2022 Results Look Underwhelming, And I'm Tempted To Open A Short Position

The company’s revenues rose by 32.8% to $1.59 million in Q1 2022, but most of the growth came from Dronelogics which resells third-party drones. The operating loss widened, and the funds used in operating activities were $2.71 million. There is no news about the deal with Digital Dream Labs, which I find concerning considering this was Draganfly’s largest order to date. I think the business of Draganfly isn’t worth much in its current state, and the short borrow fee rate is below 6%.
Seeking Alpha • Mar 23

Draganfly: The New Order For Ukraine Is Not A Gamechanger And I'm Bearish

The company announced that it received an order of 10 drones for Ukraine that can be increased to 200 units and its market valuation soared by 40% a single day. However, those 200 drones cost about $6 million and Draganfly booked an operating loss of $6.36 million in Q3 2021 alone. In my view, the new order won’t significantly change the company’s fundamentals, and I remain bearish. I think that the share price is likely to decline below $1.10 once again as retail investor interest fades off.
Seeking Alpha • Dec 01

The Prudent Approach For Investing In Draganfly

After an excessive rally at the beginning of 2021, Draganfly share prices have fallen back to justifiable lower levels. Other drone companies fell back from very high valuations as well. The industry is still in an emerging phase. Double-digit growth of the drone industry is expected, but it's too early to tell which companies will benefit the most. Draganfly offers a good chance of success. It has cash, revenue growth and a viable path to profitability in combination with two decades of experience in the industry. A prudent investing approach is to build speculative positions in several drone stocks with small purchases at a time. This spreads the risks over time and over several companies.

CEO Compensation Analysis

How has Cameron Chell's remuneration changed compared to Draganfly's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-CA$25m

Dec 31 2025CA$791kCA$438k

-CA$23m

Sep 30 2025n/an/a

-CA$18m

Jun 30 2025n/an/a

-CA$13m

Mar 31 2025n/an/a

-CA$15m

Dec 31 2024CA$747kCA$435k

-CA$14m

Sep 30 2024n/an/a

-CA$13m

Jun 30 2024n/an/a

-CA$19m

Mar 31 2024n/an/a

-CA$18m

Dec 31 2023CA$695kCA$408k

-CA$24m

Sep 30 2023n/an/a

-CA$36m

Jun 30 2023n/an/a

-CA$36m

Mar 31 2023n/an/a

-CA$29m

Dec 31 2022CA$826kCA$425k

-CA$28m

Sep 30 2022n/an/a

CA$2m

Jun 30 2022n/an/a

CA$31m

Mar 31 2022n/an/a

CA$23m

Dec 31 2021CA$1mCA$290k

-CA$16m

Sep 30 2021n/an/a

-CA$32m

Jun 30 2021n/an/a

-CA$59m

Mar 31 2021n/an/a

-CA$52m

Dec 31 2020CA$525kCA$139k

-CA$8m

Sep 30 2020n/an/a

-CA$7m

Jun 30 2020n/an/a

-CA$13m

Mar 31 2020n/an/a

-CA$12m

Dec 31 2019CA$246kCA$9k

-CA$11m

Compensation vs Market: Cameron's total compensation ($USD572.49K) is below average for companies of similar size in the US market ($USD1.72M).

Compensation vs Earnings: Cameron's compensation has increased whilst the company is unprofitable.

CEO

Cameron Chell (56 yo)

6.8yrs
Tenure
CA$790,866
Compensation

Mr. Cameron B. Chell Co-Founded Waste Energy Corp. and is Chairman of Advisory Board from December 19, 2024. Mr. Chell serves as President at Draganfly Inc. since April 27, 2022 and serves as its Director...

Leadership Team

NamePositionTenureCompensationOwnership
Cameron Chell
President6.8yrsCA$790.87k0.066%
$ 149.2k
Paul Sun
Chief Financial Officer6.8yrsCA$510.60k0.057%
$ 129.7k
Paul Mullen
Chief Operating Officer4.2yrsCA$465.21k0.035%
$ 79.4k
Deborah Greenberg
Chief Legal3.8yrsCA$573.71k0.048%
$ 108.7k
5.5yrs
Average Tenure
54.5yo
Average Age

Experienced Management: DPRO's management team is seasoned and experienced (5.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Cameron Chell
President6.8yrsCA$790.87k0.066%
$ 149.2k
Andrew Card
Member of the Advisory Board1.6yrsCA$92.89k0.020%
$ 45.2k
Kim Moody
Independent Director1.8yrsCA$131.27k0.0087%
$ 19.8k
Paul Goldenberg
Chair of Public Safety Advisory Board1.1yrsno datano data
Scott Larson
Independent Director6.8yrsCA$267.70k0.017%
$ 38.7k
Tim Dunnigan
Independent Director1.8yrsCA$119.79k0.017%
$ 38.8k
Jamie Dwyer
Member of the Board of Advisor5.3yrsno datano data
Denis Silva
Independent Director6.8yrsCA$110.59kno data
Molly Wilkinson
Member of Advisory Board6.2yrsno datano data
Jack Chow
Member of Advisory Board6.1yrsno datano data
Lawrence Vincent
Member of Advisory Board6.1yrsno datano data
Derek Anderson
Member of Advisory Board5.5yrsno datano data
5.8yrs
Average Tenure
57yo
Average Age

Experienced Board: DPRO's board of directors are considered experienced (5.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 13:06
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Draganfly Inc. is covered by 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rommel DionisioAegis Capital Corporation
Scott BuckH.C. Wainwright & Co.
Jon HickmanLadenburg Thalmann & Company