Safe Pro Group Inc. (SPAI)

Safe Pro Group Income Statement

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

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