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Drone Volt

CR
Bloomberg   ALDRV FP
Aerosp. & Defence Equipt.  /  France  Web Site   |   Investors Relation
From product to service
Pros
  • R&D effort to develop and commercialise in-house drone solutions and AI applications which will allow the company to improve its pricing power and profitability
  • Training is a key part of the strategy, where the development of a comprehensive regulatory framework should unleash demand for both drone and training
  • Implementing a Drone-as-a-service strategy which could become highly lucrative, especially if applied to its LineDrone which is expected to enter into service by 2023
Cons
  • Nascent market, displaying high potential growth, but little visibility on contract timings and overall adoption of this technology
  • Highly dependent on Aquiline Drone, which has too little cash on board to fulfil its current contracts
  • Supplier risk for distribution segment, heavily exposed to Chinese DJI with a risk of dependency and limited pricing power
Updates
24/10/22 EarningsQ3-22: massive momentum in distribution
12/10/22 EPSDrone Volt saw a significant increase in e...
12/10/22 NAVWe have reduced the NAV to account for ...
12/10/22 DCFDue the decreased profitability, we have r...
27/09/22 EarningsFrom product manufacturer to service pro...
26/07/22 EarningsH1 22: SKYTOOLS, another successful bet
18/05/22 Other newsCould the French government be a new ...
26/04/22 EarningsQ1 22: integration of the acquisitions is p...
24/03/22 TargetDespite the better than expected profitabi...
24/03/22 EPSAs mentioned previously, the profitability ...
24/03/22 NAVThe NAV has been negatively impacted d...
22/03/22 EarningsQ4 21: getting closer to break-even
01/02/22 EPSThe FY22 lowered EPS forecast is mainly...
01/02/22 NAVThe NAV has been slightly lowered due t...
01/02/22 DCFDue to the delay in the execution of the A...
28/01/22 EarningsQ4 21: best sales in its history
13/12/21 NAVAs the total number of shares will rise fro...
13/12/21 DCFDrone Volt has increased its capital by off...
08/12/21 EPSDrone Volt had signed two mega contract...
08/12/21 NAVAs we use EV/Sales multiples to value th...
08/12/21 DCFAs major contracts have been postponed,...
20/10/21 EarningsQ3 21: strong contract execution, as pro...
24/09/21 StrategyContracts signed in H1, cash expected in...
24/09/21 DCFDrone Volt has signed major contracts in ...
19/07/21 EarningsH1 21: strong growth in revenues, promis...
12/07/21 TargetDrone Volt has adopted a strategy to red...
12/07/21 NAVThe NAV has been negatively impacted b...
12/07/21 DCFEven if the cash generated through stock ...
24/06/21 M&A /Corp.Drone Volt sells 50% of Aerialtronics to p...
31/05/21 TargetThe target price has been slightly improv...
31/05/21 DCFThe DCF has been impacted by the anno...
28/04/21 Other newsQ1 21: strong growth in Q1 and major co...
19/04/21 EPSDilution of shares has caused a slight dec...
19/04/21 NAVThe NAV has been augmented due to a b...
19/04/21 DCFOnce again, the increase in our Aquiline ...
22/01/21 EarningsQ4 20: sharper COVID-19 impact though ...
21/01/21 M&A /Corp.Capital exchange with Aquiline Drones
22/12/20OpinionBuy vs Add
14/12/20OpinionAdd vs Buy
14/12/20 TargetWe have reduced our target price by 9%, ...
14/12/20 DCFOur DCF is lowered by €0.05 to €0.44, re...
12/11/20 M&A /Corp.Clearing all waivers ahead of structural p...
15/10/20 EarningsQ3 20: strong rebound in Q3, further imp...
14/10/20 Other newsConcretisation of the contract with Aquili...
12/10/20 Initiation cov.The verge of a new era for Drones
Target
Upside 123%
Price (€) 0.02
Market Cap (€M) 7.26
Perf. 1W: -13.6%
Perf. 1M: -21.4%
Perf. 3M: -59.8%
Perf Ytd: -73.7%
10 day relative perf. to stoxx600: -18.9%
20 day relative perf. to stoxx600: -25.2%