Drone Delivery Canada (FLT) Stock Price, News & Analysis

Company Overview

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. It serves governments; commercial and industrial applications, such as emergency services, medical, last-mile delivery, mining, oil and gas, agriculture, parcel delivery, postal mail, and military/security; and indigenous and non-indigenous remote communities. The company was incorporated in 2011 and is headquartered in Vaughan, Canada.

Key Stats

• Today's Range: C$0.18 to C$0.20
• 50-Day Range: C$0.12 to C$0.21
• 52-Week Range: C$0.10 to C$0.38
• Volume: 494,511 shs
• Average Volume: 797,636 shs
• Market Capitalization: C$87.55 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Strong Buy

FLT Stock Analysis - Frequently Asked Questions

How have FLT shares performed this year?

Drone Delivery Canada's stock was trading at C$0.15 at the start of the year. Since then, FLT shares have increased by 34.5% and is now trading at C$0.20.
View the best growth stocks for 2025 here.

How do I buy shares of Drone Delivery Canada?

Shares of FLT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Drone Delivery Canada own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Drone Delivery Canada investors own include Enbridge (ENB), Meta Platforms (META), Shopify (SHOP), Air Canada (AC), NVIDIA (NVDA), Toronto-Dominion Bank (TD) and Arista Networks (ANET).

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Computer and Technology
• Industry: Computer Hardware
• Sub-Industry: N/A
• Current Symbol: CVE:FLT
• CUSIP: N/A
• CIK: N/A
• Web: www.dronedeliverycanada.com
• Phone: 18008779019
• Fax: N/A
• Employees: 8,400
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): C($0.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-9,410,000.00
• Net Margins: -28.94%
• Pretax Margin: N/A
• Return on Equity: -238.20%
• Return on Assets: -19.73%

Debt

• Debt-to-Equity Ratio: 6.90
• Current Ratio: 0.59
• Quick Ratio: 9.02

Sales & Book Value

• Annual Sales: C$32.52 million
• Price / Sales: 2.69
• Cash Flow: C$0.06 per share
• Price / Cash Flow: 3.52
• Book Value: C($0.01) per share
• Price / Book: -19.50

Miscellaneous

• Outstanding Shares: 448,980,000
• Free Float: N/A
• Market Cap: C$87.55 million
• Optionable: Not Optionable
• Beta: 0.94