- After a preparation phase of several years, Drone Delivery Canada Corp. has since 2020 started to bring in revenue. The first commercial agreements provide a glimpse of the future business.
- The current market capitalization of over CAD 200 million is showing that the market expectations for the company are high. The current annual revenue is below CAD 1 million.
- Building the business and becoming profitable will take years. The good news is that the current balance sheet and available cash allow for a few years without external funding.
- Heavy insider selling confirms that management doesn't see much upside in the short term. For new investors, building a position by buying small chunks of shares over time is recommended.
For further details see:
A Sure But Slow Take Off For Drone Delivery Canada Corp.