DRONESHIELD LTD WKN: A2DMAA ISIN: AU000000DRO2 Forum: Aktien Thema: Hauptdiskussion
DRO From Concept to Scalable Defence Platform. $8+ Is Not Fantasy. For anyone still calling DroneShield “speculative”, that narrative should be finished after this result.Let’s look at the facts.FY25 revenue: A$216.55mNet profit: A$3.52mClear shift from loss to profitabilityOperating in a structural global defence expansion cycleThis is no longer a concept story. This is now a profitable counter-UAS supplier in what has become a permanent defence budget category.The real inflection here isn’t just profit. It’s the business model transition: • Moving from lumpy, one-off wins • To repeat institutional procurement • To multi-year defence contracts • To scalable manufacturing • To margin expansionThat is how defence companies re-rate. Now on valuation. The narrative model shows a fair value of A$8.57. People will focus on P/S looking “rich” but high growth defence companies always look expensive before earnings fully scale.If the following continues: • Order book growth • NATO and US defence channel conversions • Increasing repeat customers • Gross margin expansion through scaleThen a valuation re-rating over the next 12–24 months is not unrealistic it’s logical. At $3.30–$3.50 the market is still pricing execution risk. It is not pricing structural dominance.Ask yourself one question:Is counter-drone temporary or is it becoming a permanent line item in global defence budgets?Ukraine, Middle East instability, NATO expansion, base protection, airport and infrastructure security this is not a 12-month theme. It’s a decade-long defence shift. When a company transitions from: Loss → ProfitPrototype → ProductionNarrative → RevenueThe multiple expands before earnings catch up.My view:$5–$6 is achievable on continued execution this year.$8+ is not hype if revenue compounds, margins widen, and institutional buying increases. This is no longer a speculative punt. It’s a structural defence growth play.DYOR but I’m more confident now than I was 6 months ago.
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