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Drone Volt

CR 		Bloomberg   ALDRV FP
Aerosp. & Defence Equipt.  /  France  Web Site   |   Investors Relation
Banking on services and European-made drones
Pros
  • R&D efforts to develop and commercialise in-house drone solutions and AI applications allow the company to improve its pricing power and profitability
  • First orders for the European-made drone are expected soon and could be a game-changer due to the ban on Chinese drone in the West for sensitive purposes
  • Implementing a Drone-as-a-service strategy that is highly lucrative, especially with the new franchise model which is expected to enter into service by 2025
Cons
  • Still nascent market, displaying high potential growth, but little visibility on contract timings and overall adoption of this technology
  • US growth hopes reset lower after US partner failed to fund its ambitions
  • Supplier risk for distribution segment, heavily exposed to Chinese players with a risk of dependency and limited pricing power
Updates
17/10/24 EarningsDecent Q3 results
24/09/24 EarningsDrone Volt unveiled promising H1 24 res...
16/07/24 TargetOur target price has been reduced due to...
16/07/24 DCFDue to the lower forecasted EBITDA gen...
12/07/24 EarningsH1 24: Encouraging trajectory
26/06/24 LatestEurosatory takeways
19/04/24 EarningsDrone Volt on the move
26/03/24 EarningsDrone Volt ready for new growth phase
30/01/24 EarningsNew annual sales record and new capital...
29/01/24 TargetWe have incorporated the impact of the d...
20/10/23 EarningsAmbivalent Q3 results
18/09/23 EarningsH1 23: the beginning of the awaited resur...
18/09/23 DCFOur DCF, and consequently the target pri...
17/07/23 EarningsH1 23: Strong growth backed by Drone V...
07/06/23 M&A /Corp.A capital increase to support a high-grow...
07/06/23 NAVDilution from the €4.9m capital increase d...
03/06/23OpinionBuy vs Add
25/04/23 EarningsDrone Volt confirms its annual targets aft...
24/04/23 NAVThe NAV has been negatively impacted d...
24/04/23 DCFThe DCF has increased, as we have upgr...
11/04/23 EarningsFY22: Take-off to double turnover
05/04/23OpinionAdd vs Buy
05/04/23 EPSThe downgrade to our EPS FY22 reflects...
05/04/23 NAVThe drop in the NAV valuation comes mai...
05/04/23 DCFThe FCF has taken a hit as the FY 2022 ...
15/02/23 LatestAnother record year for sales
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,...
Key Data
Target
Upside 216%
Price (€) 0.00
Target Price (€) 0.01
Market Cap (€M) 8.93
Perf. 1W: -2.78%
Perf. 1M: -12.5%
Perf. 3M: -23.9%
Perf Ytd: -65.0%
10 day relative perf. to stoxx600: -10.6%
20 day relative perf. to stoxx600: -10.5%
Key Indicators