Drone Delivery Canada Stock Gross Profit

FLT Stock  CAD 0.22  0.01  4.35%   
Drone Delivery Canada fundamentals help investors to digest information that contributes to Drone Delivery's financial success or failures. It also enables traders to predict the movement of Drone Stock. The fundamental analysis module provides a way to measure Drone Delivery's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Drone Delivery stock.
Last ReportedProjected for Next Year
Gross Profit836.5 K878.3 K
Gross Profit Margin 0.65  0.69 
Gross Profit is likely to climb to about 878.3 K in 2024. Gross Profit Margin is likely to climb to 0.69 in 2024.
  
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Drone Delivery Canada Company Gross Profit Analysis

Drone Delivery's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Drone Delivery Gross Profit

    
  (5.21 M)  
Most of Drone Delivery's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Drone Delivery Canada is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Drone Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Drone Delivery is extremely important. It helps to project a fair market value of Drone Stock properly, considering its historical fundamentals such as Gross Profit. Since Drone Delivery's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Drone Delivery's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Drone Delivery's interrelated accounts and indicators.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Drone Delivery Canada reported (5.21 Million) of gross profit. This is 100.01% lower than that of the Technology Hardware, Storage & Peripherals sector and significantly lower than that of the Information Technology industry. The gross profit for all Canada stocks is 100.02% higher than that of the company.

Drone Delivery Current Valuation Drivers

We derive many important indicators used in calculating different scores of Drone Delivery from analyzing Drone Delivery's financial statements. These drivers represent accounts that assess Drone Delivery's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Drone Delivery's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap143.4M151.4M166.6M62.8M56.5M66.9M
Enterprise Value134.3M128.5M139.3M47.7M42.9M59.5M

Drone Fundamentals

About Drone Delivery Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Drone Delivery Canada's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Drone Delivery using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Drone Delivery Canada based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Complementary Tools for Drone Stock analysis

When running Drone Delivery's price analysis, check to measure Drone Delivery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Drone Delivery is operating at the current time. Most of Drone Delivery's value examination focuses on studying past and present price action to predict the probability of Drone Delivery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Drone Delivery's price. Additionally, you may evaluate how the addition of Drone Delivery to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Drone Delivery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Drone Delivery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Drone Delivery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.