DPRO vs VMAR
Draganfly Inc. and Vision Marine Technologies Inc., side by side — 5 fiscal years reported in CAD, drawn from SEC filings.
Most recent reported year
| Metric | DPRO | VMAR |
|---|---|---|
| Revenue | CAD 7.7M | CAD 5.7M |
| Net income | CAD -23.0M | CAD -20.9M |
| Gross margin | 17.1% | 27.2% |
| Net margin | −297.3% | −369.4% |
| Return on equity | −45.4% | −117.3% |
| Diluted EPS | −CAD 1.46 | −CAD 2.22 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | CAD -24.8M | CAD -14.9M |
| Equity | CAD 96.6M | · |
| Net debt / equity | · | −0.26× |
| Current ratio | 21.63× | 1.75× |
| Revenue CAGR 5y | 12.1% | 34.8% |
| Profit CAGR 5y | · | · |
DPRO bills 1.4× the revenue of VMAR, and both closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
5 years side by side
| Fiscal year | DPRO | VMAR |
|---|---|---|
| FY2023 | CAD 6.6M | CAD 5.7M |
| FY2022 | CAD 7.6M | CAD 7.4M |
| FY2021 | CAD 7.1M | CAD 3.5M |
| FY2020 | CAD 4.4M | CAD 2.4M |
| FY2019 | CAD 1.4M | CAD 2.9M |
Bottom line
| Fiscal year | DPRO | VMAR |
|---|---|---|
| FY2023 | CAD -23.6M | CAD -20.9M |
| FY2022 | CAD -27.7M | CAD -13.1M |
| FY2021 | CAD -16.2M | CAD -15.1M |
| FY2020 | CAD -8.0M | CAD -2.3M |
| FY2019 | CAD -11.1M | CAD 233,066 |
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2023 | +CAD 903,340 | DPRO |
| FY2022 | +CAD 254,113 | DPRO |
| FY2021 | +CAD 3,540,077 | DPRO |
| FY2020 | +CAD 1,946,338 | DPRO |
| FY2019 | −CAD 1,488,950 | VMAR |
The higher-revenue side has changed between DPRO and VMAR over this period. The gap has narrowed since the earliest year compared.
5 of 8 comparable fiscal years — a year missing data on either side is not counted.
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2023 | +9.2 pp | DPRO |
| FY2022 | −185.3 pp | VMAR |
| FY2021 | +200.4 pp | DPRO |
| FY2020 | −89.6 pp | VMAR |
| FY2019 | −811.9 pp | VMAR |
The higher net margin has changed hands between DPRO and VMAR over this period.
5 of 8 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
DPRO's net margin has been more volatile than VMAR's over the 5 comparable fiscal years — 219.5 percentage points of standard deviation against 164.8.
5 of 8 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between DPRO and VMAR over these 5 fiscal years — DPRO led in 2 and VMAR in 3.
5 of 8 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
DPRO's return on equity has been more volatile than VMAR's over the 3 comparable fiscal years — 147.2 percentage points of standard deviation against 29.5.
3 of 7 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between DPRO and VMAR over these 3 fiscal years — DPRO led in 1 and VMAR in 2.
3 of 7 comparable fiscal years — a year missing data on either side is not counted.