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DroneShield (DRO) investor relations material
DroneShield H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record FY2025 performance with revenue of A$216.5m, up 276% year-over-year, and underlying PBT of A$33.3m at a 15% margin.
Generated AUD 9 million net cash from operations, reinforcing rapid growth and profitability goals.
Sales pipeline increased to AUD 2.3 billion, with 295 deals, including 18 over AUD 30 million and one at AUD 750 million.
Record revenue growth, with SaaS revenues targeted to exceed 30% of total in five years.
Entered S&P/ASX200 in September 2025, expanded global presence to 460 employees across 7 countries, and maintained a robust sales pipeline.
Financial highlights
FY2025 revenue reached A$216.5m, a 276% increase compared to FY2024.
Underlying EBITDA of AUD 36 million and statutory NPAT of AUD 3.5 million for FY2025.
Underlying profit before tax for 2025 was about AUD 33 million, with gross profit margin at 65%.
Committed revenue for the year is over AUD 100 million, with an AUD 80 million backlog.
Cash balance at year-end was A$209.4m, with three consecutive quarters of positive net operating cash flow.
Outlook and guidance
Strong momentum into FY2026 with YTD2026 committed revenue of A$104m.
SaaS revenue expected to grow from 5% to 30% of total revenue by 2030.
Targeting over $1 billion in annual revenue within five years, driven by both military and civilian markets.
Civilian market expected to become 50% of revenue mix as demand grows.
Gross profit margin normalized at 65% moving forward.
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