The DroneShield Ltd (ASX: DRO) share price share price has sunk 11% after giving its FY25 result.
Droneshield says it provides AI-based platforms for protection against advanced threats such as drones and autonomous systems, including counterdrone and electronic warfare solutions. It has clients including military, intelligence community, government, law enforcement, critical infrastructure and airports.
Droneshield FY25 result
The company revealed how it performed in the first half of FY25:
- Revenue grew by 210% to $72.3 million
- EBITDA (EBITDA explained) improved $10.1 million to $5.2 million
- Net profit after tax (NPAT) increased $6.9 million to $2.1 million
- Operating cashflow improved $21.5 million to a loss of $8.7 million.
Droneshield said that it is seeing significant ongoing momentum, including a $61.6 million contract received on 25 June 2025, the largest in its history. This is due for delivery by the end of August 2025.
The company spoke of strong capability growth, with an increase across the engineering team, the opening of the European sales office and work under way to increase annual production capacity close to five times to $2.4 billion.
Droneshield also said that while the US remains a critical market, its revenue contribution of 20% is now well balanced with other regions, including 16% from Europe and 27% from Asia Pacific.
Management comments
The Droneshield CEO Oleg Vornik said:
This performance reflects the strength of our product portfolio, the agility of our operations, and the rapidly growing market for counterdrone solutions.
We’re proud to be delivering cutting-edge technology at scale while expanding our footprint across key international markets.
Outlook for the Droneshield share price
The company said that the secured FY25 revenue stands at $176.3 million, which the company described as “exceptional”.
It said it had a strong amount of inventory on hand and it expects to fully deliver most purchase orders received prior to November and December.
The Droneshield share price is very volatile, as today shows. But, it is growing revenue rapidly and has now reached positive profitability status. It’s definitely one to watch, though it’s hard to judge what a good price is to buy at. How long will it grow at this pace?
There are other ASX growth shares I’m focusing on where the growth trajectory is clearer.
