Draganfly Inc.

Analysis for Ticker: DPRO

Draganfly Inc is a Canadian drone technology leader that provides flying machines for public safety, agriculture, industrial inspections, and defense. They also make biometric systems that check health signs from a distance. While they have been operating for over twenty-five years, the company has become a machine for burning wealth. In 2024, they earned 6,5$ million from customers but spent 16,1$ million just to keep operating. The core financial crime is that the company loses massive amounts of money while the people running it get rich. In a single year, the leadership team took 2,2$ million for themselves despite the company suffering a net loss of 13,8$ million. It is like a child running a lemonade stand that loses ten dollars every day, but the child still uses the parents’ money to pay himself a salary and rent a fancy chair for his office.