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0.0225916453537937 0.0166240409207161 -0.019607843137255 -0.0238704177323104 -0.141091219096334 -0.245950554134697 -0.233162830349531 -0.277067348678602
Stock impact report

Draganfly Reports its 2023 Results [Financial Post (Toronto, Ontario, Canada)]

Draganfly Inc. - Common Shares (DPRO) 
Company Research Source: Financial Post
Saskatoon, SK., March 27, 2024 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce its fourth quarter and fiscal 2023 financial results. Revenue for the fourth quarter and the year was dictated by the shift to larger in-house capacity and drone production capabilities. The financial year 2023 was a transition year for Draganfly as 2023 marked new production capacity coming online along with the commercialization of its flagship Commander 3XL and Heavy Lift Drone platforms. Article content Article content Key Financial Highlights for ?Total revenue for the year ended December 31, 2023, was $6,554,842. Product sales decreased $263,339 in 2023 as compared to 2022, while services revenue decreased $786,878. This is largely due to product line transition and a focus on building new and increased production capabilities Gross Profi Show less Read more
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