AgEagle Aerial Systems, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.8M | $13.4M | $13.7M | $19.1M | $9.8M | $1.3M | $296.7K | $107.8K |
| Cost of Revenue | $6.2M | $7.1M | $8.3M | $10.9M | $5.5M | $711.7K | $202.0K | $61.7K |
| Gross Profit | $6.6M | $6.3M | $5.5M | $8.2M | $4.3M | $573.7K | $94.6K | $46.1K |
| Gross Margin | 51.8% | 47.0% | 39.8% | 43.0% | 43.6% | 44.6% | 31.9% | 42.8% |
| Operating Expenses | ||||||||
| Research & Development | $3.6M | $4.0M | $5.5M | $8.1M | $4.1M | $29.4K | $38.9K | $0 |
| SG&A Expense | $8.9M | $9.6M | $13.6M | $17.8M | $15.0M | $2.7M | $1.9M | $1.3M |
| Operating Income | $-14.7M | $-12.6M | $-39.2M | $-64.3M | $-30.3M | $-4.9M | $-2.5M | $-2.1M |
| Operating Margin | -115.0% | -94.3% | -284.9% | -336.6% | -310.3% | -383.6% | -850.1% | -1,911.3% |
| Interest Expense | — | $884.8K | $326.9K | $59.8K | $7.9K | $549 | $501 | $32.4K |
| Pretax Income | $-5.3M | $-35.0M | $-42.4M | $-58.3M | $-30.1M | $-4.9M | $-2.5M | $-2.1M |
| Income Tax Expense | $0 | $0 | — | $0 | $0 | — | $0 | $0 |
| Net Income | $-5.3M | $-35.0M | $-42.4M | $-58.3M | $-30.1M | $-4.9M | $-2.5M | $-2.1M |
| Net Margin | -41.2% | -261.6% | -308.7% | -305.1% | -308.5% | -383.7% | -850.3% | -1,929.0% |
| EPS (Basic) | $-0.52 | $-2.10 | $-2.13 | $-0.06 | — | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | — | $-2.10 | $-2.13 | $-0.06 | — | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 25.1M | 25.2M | 25.6M | 1.01B | 18.23B | 14.19B | 3.73B | 3.04B |
| Shares Outstanding (Diluted) | 25.1M | 25.2M | 25.6M | 1.01B | 18.23B | 14.19B | 3.73B | 3.04B |
| Dividends Per Share | — | — | — | — | — | — | — | — |