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Draganfly’s Assets Grow Amid Equity Deficit

Draganfly (TSE:DPRO) has released an update.

Draganfly Inc., a Canadian company, reported a positive increase in total assets to $9.9 million as of June 30, 2024, up from $8.3 million at the end of the previous year. However, the company is experiencing a significant shareholders’ equity deficit of $2.6 million, a decrease from the prior period’s equity. Total revenue for the six months ended June 30, 2024, amounted to $3.06 million with a gross profit of $741,685.

For further insights into TSE:DPRO stock, check out TipRanks’ Stock Analysis page.

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