Draganfly will hold a shareholder update and earnings call on May 9, 2022 at 2:30 p.m. PDT / 5:30 p.m. EDT.
Registration for the call can be done here:
https://bit.ly/3M80ySR.
Selected financial information is outlined below and should be read with Draganfly’s consolidated financial statements for the quarter ended March 31, 2023, and associated management discussion and analysis, which will be available under the Company's profile on SEDAR at www.sedar.com and filed on EDGAR at www.sec.gov.
| For the three months ended March 31, | 2023 | 2022 | ||||||
| Total revenues | $ | 1,601,486 | $ | 2,044,562 | ||||
| Gross Profit (as a % of revenues) (1) | 27.7 | % | 39.9 | % | ||||
| Net loss | (7,067,626 | ) | (6,204,335 | ) | ||||
| Net loss per share ($) | ||||||||
| (0.20 | ) | (0.19 | ) | ||||
| (0.20 | ) | (0.19 | ) | ||||
| Comprehensive loss | (7,096,995 | ) | (6,292,494 | ) | ||||
| Comprehensive loss per share ($) | ||||||||
| (0.20 | ) | (0.19 | ) | ||||
| (0.20 | ) | (0.19 | ) | ||||
| Change in cash and cash equivalents | $ | 5,474,155 | $ | (3,498,811 | ) | |||
