Ventum Cap Mkts Comments on CVE:FLT FY2025 Earnings

Drone Delivery Canada Corp. (CVE:FLT - Free Report) - Research analysts at Ventum Cap Mkts issued their FY2025 EPS estimates for Drone Delivery Canada in a research note issued on Wednesday, March 26th. Ventum Cap Mkts analyst R. Goff anticipates that the company will post earnings per share of ($0.01) for the year. The consensus estimate for Drone Delivery Canada's current full-year earnings is ($0.01) per share. Ventum Cap Mkts also issued estimates for Drone Delivery Canada's FY2026 earnings at $0.00 EPS.

Separately, Ventum Financial reduced their price objective on shares of Drone Delivery Canada from C$38.00 to C$32.00 and set a "buy" rating for the company in a report on Wednesday, March 26th.

Drone Delivery Canada Stock Performance

FLT stock traded down C$0.01 during trading on Friday, reaching C$0.17. 83,944 shares of the company's stock were exchanged, compared to its average volume of 416,621. Drone Delivery Canada has a 1-year low of C$0.10 and a 1-year high of C$0.38. The firm has a market cap of C$77.95 million, a PE ratio of -3.45 and a beta of 0.94. The company's fifty day moving average price is C$0.18 and its 200-day moving average price is C$0.17. The company has a quick ratio of 9.02, a current ratio of 0.46 and a debt-to-equity ratio of 67.19.

Drone Delivery Canada Company Profile

Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution.