)
Edge17 Oct 2025
A Castle in the Sky: The Story of Oracle
Oracle's journey from database innovator to disciplined enterprise backbone, now shaping the AI buildout with a standardized cloud infrastructure.
Nordic Unmanned (NUMND) investor relations material
Nordic Unmanned Q3 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2024 earnings summary19 Nov, 2024
Executive summary
Q3 2024 marked by higher activity, strong adjusted EBITDA, and a clarified focus on defense, security, and consolidation, supported by record Flight Services activity and significant cost reductions.
Strategic turnaround underway, including legal restructuring to establish a holding company with Flight Services and OEM as separate segments, and a shift to an asset-light business model.
Financial restructuring completed in September, including NOK 47 million share capital increase, EUR 6 million debt conversion, and debt write-offs; further NOK 45 million equity raise initiated in Q4.
Ongoing capital raise and legal restructuring expected to close by year-end, supporting transition to two strategic segments.
Record high activity in Flight Services with four concurrent deployments; AirRobot impacted by a stop work order, now resolved.
Financial highlights
Q3 2024 revenue reached EUR 6.6 million (up from EUR 6.1 million); YTD 2024 revenue EUR 13.9 million (EUR 14.9 million YTD 2023), adjusted for discontinued business.
Q3 2024 adjusted EBITDA improved to EUR 2.0 million (EUR 0.9 million Q3 2023), mainly due to Flight Services; YTD 2024 adjusted EBITDA negative EUR 1.0 million (negative EUR 1.6 million YTD 2023).
Q3 2024 net loss of EUR 7.2 million after EUR 6.3 million non-cash impairments; YTD 2024 net loss EUR 15.5 million.
Personnel costs reduced by 13% in Q3 2024 year-over-year and 20% YTD.
Cash position at quarter end EUR 0.1 million, with EUR 1.3 million available in undrawn overdraft facilities.
Outlook and guidance
2024 is a transition year focused on cost cuts, rightsizing, and streamlining operations to achieve breakeven and future profitability.
Estimated contract backlog at EUR 44 million, with a significant pipeline of opportunities and 71% for Flight Services.
Legal restructuring to create a holding company with two pureplay segments expected by year-end 2024.
Industry outlook for drones and drone services remains positive, especially in defense and security sectors across Europe.
Strategic review of Flight Services ongoing, with potential for merger, partial or full sale.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Company Research17 Oct 2025
Beneath the Surface: A Conversation with Epiroc CEO Helena Hedblom
Legacy, innovation, and leading one of Sweden's most influential industrial companies into a new era.
)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Frequently asked questions
Nordic Unmanned AS provides remotely piloted aircraft system services via UAVs, specializing in Northern- and Arctic-specific solutions for commercial, environmental and safety applications. With a focus on developing tailor-made and cost-efficient solutions designed to maximize aviation safety, Nordic's solutions extend from the maritime sector to inland & oceanic surveillance, oil & gas operations & more. Nordic Unmanned AS is based in Sandnes, Norway.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage