Safe Pro Group Inc. (SPAI)

Safe Pro Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	2.05	2.17	0.92	1.15
Revenue Growth (YoY)	140.22%	136.37%	-20.24%	-
Cost of Revenue	1.21	1.26	0.61	0.63
Gross Profit	0.84	0.91	0.31	0.52
Selling, General & Admin	10.6	7.7	6.06	0.95
Research & Development	0	0.09	0.37	-
Operating Expenses	10.91	8.06	6.62	1.02
Operating Income	-10.07	-7.15	-6.31	-0.5
Interest Expense	-0.25	-0.31	-0.01	-0
Interest & Investment Income	0.04	0.03	0	0
Pretax Income	-10.25	-7.43	-6.31	-0.51
Net Income	-10.25	-7.43	-6.31	-0.51
Net Income to Common	-10.25	-7.43	-6.31	-0.51
Shares Outstanding (Basic)	12	11	8	5
Shares Outstanding (Diluted)	12	11	8	5
Shares Change (YoY)	45.76%	32.92%	51.09%	-
EPS (Basic)	-0.85	-0.70	-0.79	-0.10
EPS (Diluted)	-0.85	-0.70	-0.79	-0.10
Free Cash Flow	-4.55	-4.16	-2.03	1.05
Free Cash Flow Per Share	-0.38	-0.39	-0.26	0.20
Gross Margin	41.07%	41.77%	33.90%	45.07%
Operating Margin	-492.24%	-329.71%	-687.24%	-43.70%
Profit Margin	-500.88%	-342.45%	-688.08%	-44.12%
Free Cash Flow Margin	-222.41%	-191.74%	-221.64%	91.50%
EBITDA	-9.69	-6.81	-6.07	-0.4
EBITDA Margin	-	-	-	-34.55%
D&A For EBITDA	0.38	0.34	0.24	0.11
EBIT	-10.07	-7.15	-6.31	-0.5
EBIT Margin	-	-	-	-43.70%
Revenue as Reported	2.05	2.17	0.92	1.15
Advertising Expenses	-	0.2	0.01	0.01

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q