DroneShield Swings to Loss in 2024 Despite Higher Revenue; Shares Down 4%

MT Newswires Live
25 Feb

DroneShield (ASX:DRO) reported Tuesday that its loss per diluted share in 2024 was AU$0.002, compared with AU$0.020 earnings per diluted share a year earlier.

Revenue for the year ended Dec. 31, 2024, was AU$57.5 million, up 6% from AU$54.1 million in the same period last year.

The board did not declare a dividend for this period.

Shares were down 4% in afternoon trade Tuesday.

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