Ventum Cap Mkts Forecasts CVE:FLT FY2025 Earnings

Drone Delivery Canada Corp. (CVE:FLT) – Ventum Cap Mkts issued their FY2025 earnings per share (EPS) estimates for Drone Delivery Canada in a research note issued to investors on Wednesday, March 26th. Ventum Cap Mkts analyst R. Goff forecasts that the company will post earnings of ($0.01) per share 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 Drone Delivery Canada from C$38.00 to C$32.00 and set a “buy” rating for the company in a research note on Wednesday.

Drone Delivery Canada Price Performance

FLT stock opened at C$0.18 on Friday. Drone Delivery Canada has a 1 year low of C$0.10 and a 1 year high of C$0.38. The stock has a market capitalization of C$80.24 million, a PE ratio of -3.55 and a beta of 0.94. The company’s 50-day moving average is C$0.18 and its 200-day moving average is C$0.17. The company has a debt-to-equity ratio of 67.19, a current ratio of 0.46 and a quick ratio of 9.02.

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.