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DRONE VOLT – Report 2022 income, up 53%, effectively above the newest targets – 01/18/2023 – 6:00 p.m.

Villepinte, January 18, 2023

  • Annual turnover of 13.4 million euros, for a goal of greater than 10 million euros;
  • Profitable diversification of the shopper portfolio in Europe after the profitable integration of Skytools;
  • Gross margin impacted within the brief time period by modifications within the product combine earlier than the ramp-up in gross sales of DRONE VOLT services and products to new clients;
  • Ambition to enhance the product combine in 2023 with particularly the business launch of LINEDRONE[1] and the event of the “Drone as a Service” supply.

DRONE VOLT, professional in embedded synthetic intelligence and producer {of professional} civilian drones, presents its 2022 annual turnover.

Unaudited information in 1000’s of euros – IFRS requirements 2021 2022[1] Variation
together with DRONE VOLT FACTORY, SERVICES & ACADEMY 3,650 1,701 -53%
together with third-party manufacturers 5,073 11,672 130%
TOTAL 8,723 13,373 53%
Gross margin
together with DRONE VOLT FACTORY, SERVICES & ACADEMY 2,057 1,060 -48%
together with third-party manufacturers 857 1,698 98%
TOTAL 2,914 2,758 -5%
Gross margin fee
together with DRONE VOLT FACTORY, SERVICES & ACADEMY 57% 62% + 5 factors
together with third-party manufacturers 17% 15% – 2 factors
TOTAL 35% 21% – 14 dots

[1] Figures together with the contribution of the Dutch firm SKYTOOLS since January 18, 2022.

“We had an distinctive finish to the 12 months commercially and above all I want to congratulate the groups who labored tirelessly till the final day. We now have taken a step ahead in our improvement with a turnover effectively above 10 million euros, which nonetheless constituted an bold goal. This efficiency is all of the extra exceptional as we have now stopped invoicing licensing providers to our companion in North America.

Because of an enriched buyer base, a bolstered geographic community and a spread of services and products that may increase significantly in 2023 with the business launches of LINEDRONE and our ramp-up within the Drone as a Service supply. » says Marc Courcelle, Managing Director of DRONE VOLT.

Report turnover, up +53%

2022 annual income reached a document degree of 13.4 million euros, up +53% year-on-year. This quantity of enterprise, considerably increased than the two-digit progress goal, set in the course of the 12 months, and the brink of 10 million euros, focused from final November.

This efficiency is because of an excellent finish to the 12 months, illustrated by a fourth quarter up by +126%, at 5.4 million euros.

DRONE VOLT thus demonstrates its capacity to increase its buyer base in Europe, particularly due to the profitable integration of the Dutch firm SKYTOOLS, which contributed 1,084 keuros in 2022. This success boosted the efficiency of the Third-Celebration Manufacturers division, which noticed its billings multiplied by 2.3, to achieve 11.7 million euros. This business conquest makes it potential to deal with new clients who, tomorrow, can be pure candidates for the Group’s value-added product and repair choices.

On the identical time, as introduced upon publication of the half-year outcomes, DRONE VOLT suspended the invoicing of manufacturing licenses to its American companion and concentrated the settlement on the distribution of the HERCULES 20 in the US. This strategic resolution value 8 factors of progress in turnover for the 12 months 2022. The evolution of this partnership has instantly impacted the quantity of exercise of DRONE VOLT FACTORY, SERVICES & ACADEMY, down 53% yearly.

On this context, DRONE VOLT confirms its need, already introduced, to depreciate the belongings held in its accounts referring to this partnership (12 million euros as of June 30, 2022). This accounting operation can have no influence on the Group’s money place, which can nonetheless depend on shareholders’ fairness effectively in extra of 20 million euros.

Stability of the gross margin, impacted by the short-term evolution of the product combine

Taking into consideration the evolution of the product-mix within the brief time period, marked by a better share of Third-Celebration Model gross sales, the consolidated gross margin is globally steady, at 2.8 million euros, however reveals a deteriorated margin fee of 14 factors, at 21% of turnover.

The evaluation of the gross margin by exercise offers grounds for satisfaction and potential for the long run. The Third-Celebration Model gross sales margin remained comparatively steady (16%) and throughout the business norm, whereas the margin for DRONE VOLT FACTORY, SERVICES & ACADEMY actions elevated by 4 factors, to 61% of gross sales. ‘enterprise.

The problem for the 2023 monetary 12 months can be to step by step change new clients, gained over by the Third-Celebration Model exercise, to the product and repair affords developed by DRONE VOLT.

Tailwinds for 2023

As such, a number of research and demonstrations of the catalog’s flagship merchandise, such because the HERCULES 20 vary and the HELIPLANE are underway with lately gained over clients and prospects, in Europe and North America.

Past that, 2023 can be a particular 12 months for DRONE VOLT, which can commercially launch two new breakthrough affords on the skilled civilian drone market:

  • The LINEDRONE, developed in collaboration with HYDRO-QUEBEC and supposed for the advanced inspection of excessive voltage electrical energy transmission traces. After the success of the final validation checks in actual circumstances, DRONE VOLT has simply produced the primary 4 models and plans to start out the demonstration campaigns from this 1er quarter ;
  • The “Drone as a Service” pay-as-you-go supply based mostly on billing to be used and never for possession of its unparalleled merchandise. This technique will facilitate business deployment, by changing the numerous funding for the shopper by a price largely lined by the ensuing income.

These new affords additionally marked an necessary step for DRONE VOLT within the area of extra-financial commitments (ESG) with a reinforcement of the safety of buyer missions (LINEDRONE) and the shared use of drones for a number of clients (Drone as a Service).

On this context, DRONE VOLT is aiming for a big enchancment in its product combine.

Subsequent press launch: Outcomes for the 2022 monetary 12 months, Wednesday March 15, 2023

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Created in 2011, DRONE VOLT is an aeronautical producer specialised in skilled civilian drones and synthetic intelligence. DRONE VOLT is established in France, Benelux, Canada, Denmark, the US, Switzerland and Indonesia. A worldwide companion, DRONE VOLT affords its clients “turnkey” enterprise options together with numerous providers and coaching in drone piloting.

The DRONE VOLT Group, a member of GICAT, achieved a turnover of 13.3 million euros in 2022.

DRONE VOLT notably provides administrations and producers such because the French Military, the Ministry of the Armed Forces, Engie, Complete, Bouygues ES, ADP, the Gendarmerie des Transports Aériens (GTA), worldwide governmental companies, and so on.

DRONE VOLT is certified as an “Revolutionary Firm” by Bpifrance.

DRONE VOLT is listed on the Euronext Progress market in Paris:

Share: Ticker: ALDRV.PA – ISIN code: FR0013088606 – Eligible: PEA, PEA-PME

Warrant: Ticker: BNBS.PA – ISIN code: FR0014007951

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[1] Drone supposed for the advanced inspection of excessive voltage electrical energy transmission traces. It detects power losses in {an electrical} community with a purpose to precisely decide upkeep wants.

[2] Figures together with the contribution of the Dutch firm SKYTOOLS since January 18, 2022.


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