Draganfly Announces Q2 Results - Another Record Revenue Quarter
Key Financial and Operational Highlights for Q2 2022:
- Key Financial and Operational Highlights for Q2 2022:
Revenue for the second quarter of 2022 was $2,370,115, an increase of 19.6% year-over-year from the second quarter of 2021 with all sales coming from organic growth. - Gross margin percentage for Q2 2022 was 42.8% compared to 36.8% in Q2 2021.
- The second quarter of 2021 included a non-cash loss in fair value derivative of $4,821,177 and would otherwise be a loss of $3,274,179.
- Draganfly has reached key milestones during this quarter solidifying our commitment to delivering our cutting-edge drone solutions, software, and AI systems.