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- DroneShield (DRO) claims it is on track to post another year of all-time high revenue and cash receipts over 2022
- The company says its 2022 figures will top the $10.6 million in revenue and $14.7 million in cash receipts posted over the 2021 calendar year
- Cash receipts for 2022 will be released to the market in January as part of the company’s 4C quarterly report
- Meanwhile, revenue will be included as part of Droneshield’s 2022 annual report, slated to be released in February
- DroneShield is up 2.86 per cent and trading at 18 cents at 12:33 pm AEDT
DroneShield (DRO) has told investors it’s on track to post another year of all-time high revenue and cash receipts over 2022.
The company said its 2022 figures would top the $10.6 million in revenue and $14.7 million in cash receipts posted over the 2021 calendar year
Droneshield’s cash receipts for 2022 are due to be released to the market in January as part of the company’s 4C quarterly report.
Meanwhile, revenue will be included as part of the company’s 2022 annual report, slated to be released in February.
The 2022 calendar year saw the company’s first US civilian airport deployment and the launch of a regional testing facility in New South Wales.
“DroneShield has posted record results every year since the listing in 2016,” CEO Oleg Vornik said.
“This year, we are on track to post another record set of results as the counter-drone industry continues to rapidly grow globally, with DroneShield as a pioneer and global leader in this segment.”
DroneShield was up 2.86 per cent and trading at 18 cents at 12:33 pm AEDT.
