AlphaValue Corporate Services Fundamental Analysis FR
Back to
AlphaValue Corporate Services
This research has been commissioned and paid for by the company and is deemed to constitute an acceptable minor non-monetary benefit as defined in MiFID II

Delta Drone

CR
Bloomberg   ALDR FP
Aerosp. & Defence Equipt.  /  France  Web Site   |   Investors Relation
Diversification of drone applications to capture future trends
Pros
  • Delta Drones offers a new business model to professional drones by moving into the actual operation of drone-based services
  • An array of five verticals deployed in 2020 is expanded by the acquisition of Weesure in on-site security /protection: a man and his drone
  • Long delayed profits should be within reach following this shift into services
Cons
  • Professional drones offer high potential growth but little visibility due to an "in progress" body of regulations
  • Very fragmented market, with a myriad of competitors, inevitably calls for market concentration (via acquisitions or Chapter 11s)
  • The business model is presumed to be more capital intensive and starts with heavy earnings dilution
Target
Upside 714%
Price (€) 0.00
Market Cap (€M) 4.62
Perf. 1W: -8.70%
Perf. 1M: -50.0%
Perf. 3M: -64.4%
Perf Ytd: -84.0%
10 day relative perf. to stoxx600: -35.4%
20 day relative perf. to stoxx600: -51.3%