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Draganfly vs Flyte Aviation

Draganfly is the larger business, with $5.5m of revenue in fiscal 2025 against $819,000 for Flyte Aviation (6.8 times as much). Flyte Aviation grew faster (95.0% against 15.5%). Draganfly kept more of each dollar of sales as profit: a net margin of -297.3% against -2098.0%. Draganfly carries less debt relative to equity (0.0% against 43.6%).

Latest fiscal yearDraganflyDPRO, 2025Flyte AviationVJET, 2025
Revenue $5.5m $819,000
Revenue growth 15.5% 95.0%
Net income −$16.5m −$17.2m
Operating margin — -2581.6%
Net margin -297.3% -2098.0%
Return on equity -44.7% -182.7%
Free cash flow −$17.8m −$8.3m
Cash $65.8m $88,000
Total debt $0 $3.1m
Debt to equity 0.0% 43.6%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees — 17
Market value $53.1m $2.0m
Price vs our value range — —
Moat score — 14 (Weak)
Insider trades, 12 months 0 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.