Draganfly Announces Second Quarter Results of 2025 with 37% Increase in YoY Product Sales

Executive Summary

• Draganfly Inc. reported its second quarter 2025 financial results, showing a 22.1% year-over-year increase in revenue to $2.12 million, driven by a 37.1% rise in product sales.
• The company announced significant capital raises, including a completed $3.6 million public offering, a $13.75 million public offering, and a $25 million registered direct offering, alongside a major military order for Commander 3XL UAVs.
• Operational highlights include strategic partnerships with SafeLane Global and Autonome Labs, successful U.S. Army SMEX25 trials for the Commander 3XL, and selection for a pilot program by Arizona’s Cochise County Sheriff’s Department.

Key Details

• Q2 2025 Financial Performance:
  • Total Revenue: $2,115,255 (up 22.1% YoY).
  • Product Sales: $1,901,585 (up 37.1% YoY).
  • Gross Profit: $504,592 (up 9.3% YoY); Gross Margin: 23.9% (vs. 26.6% in Q2 2024).
  • Adjusted Gross Profit (excluding $10,421 inventory write-down): $515,013; Adjusted Gross Margin: 24.3%.
  • Comprehensive Loss: $4,749,634 (vs. $7,097,638 in Q2 2024).
  • Net Loss: $(4,762,161); Net Loss per Share (Basic/Diluted): $(0.61).
  • Cash Balance (June 30, 2025): $22,571,059 (vs. $6,252,409 on Dec 31, 2024).
  • Total Assets: $28,452,735; Shareholders’ Equity: $22,985,531.
• Capital Raises & Financing:
  • Completed a US$3.6 million public offering for operational expansion and product development.
  • Completed a US$13.75 million public offering to accelerate growth and R&D.
  • Completed a US$25 million registered direct offering to scale production and meet defense/commercial demand.
• Operational & Strategic Updates:
  • Defense & Military:
    • Commander 3XL UAV integrated with TB2 Aerospace’s DROPS delivery system achieved flawless mission success during U.S. Army SMEX25 operational trials.
    • Delivered Flex FPV drone systems to a major U.S. defense prime contractor.
    • Secured a major military order for Commander 3XL UAVs.
    • Selected by a major branch of the U.S. Department of Defense for advanced operational initiatives.
    • Selected for a pilot program by Arizona’s Cochise County Sheriff’s Department following the U.S. Executive Order “Unleashing American Drone Dominance.”
    • Positioned to serve the Canadian government’s $80 billion defense modernization package with DND-specified radio capabilities.
  • Partnerships & Contracts:
    • Named preferred global provider of landmine mapping drones and aerial survey services by SafeLane Global.
    • Announced a teaming agreement with Autonome Labs to deliver UAV-based mesh deployment systems for demining.
    • Balko placed multiple initial orders for Modular LiDAR into UAV platforms.
  • Advisory & Governance:
    • Established an advisory board chaired by Paul Goldenberg.
    • Appointed Peter Lambrinakos (former VIA Rail Chief of Police) to the Public Safety Advisory Board.
• Earnings Call:
  • Shareholder update and earnings call scheduled for August 11, 2025, at 2:30 p.m. PDT / 5:30 p.m. EDT.

Notable Quotes

• No direct quotes from the CEO or President were included in the provided text.