AgEagle Aerial Systems, Inc. (UAVS)

AgEagle Aerial Systems Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	13.74	19.09	9.76	1.29	0.3
Revenue Growth (YoY)	-28.03%	95.62%	659.38%	333.26%	175.18%
Cost of Revenue	8.28	10.88	5.5	0.71	0.2
Gross Profit	5.46	8.22	4.26	0.57	0.09
Selling, General & Admin	17.33	22.69	18.11	2.77	1.92
Research & Development	5.52	8.11	4.08	0.03	0.04
Other Operating Expenses	21.76	41.69	12.36	2.7	0.66
Operating Expenses	44.61	72.49	34.55	5.51	2.62
Operating Income	-39.15	-64.28	-30.29	-4.93	-2.52
Interest Expense / Income	0.95	0.06	0.01	0	0
Other Expense / Income	2.32	-6.08	-0.19	0	-
Pretax Income	-42.42	-58.25	-30.11	-4.93	-2.52
Net Income	-42.42	-58.25	-30.11	-4.93	-2.52
Preferred Dividends	0	0	0	9.11	0.16
Net Income Common	-42.42	-58.25	-30.11	-14.04	-2.68
Shares Outstanding (Basic)	5	4	4	2	1
Shares Outstanding (Diluted)	5	4	4	2	1
Shares Change	26.65%	19.01%	72.18%	176.52%	79.98%
EPS (Basic)	-8.04	-13.97	-8.60	-7.00	-3.60
EPS (Diluted)	-8.04	-13.97	-8.60	-7.00	-3.60
Free Cash Flow	-11.73	-21.51	-14.36	-2.44	-1.84
Free Cash Flow Per Share	-2.22	-5.16	-4.10	-1.20	-2.50
Gross Margin	39.76%	43.04%	43.60%	44.64%	31.90%
Operating Margin	-284.91%	-336.63%	-310.35%	-383.64%	-850.15%
Profit Margin	-308.71%	-305.08%	-308.46%	-1092.58%	-905.00%
Free Cash Flow Margin	-85.39%	-112.66%	-147.16%	-189.48%	-621.12%
EBITDA	-37.66	-54.26	-28.6	-4.76	-2.35
EBITDA Margin	-274.07%	-284.14%	-292.99%	-370.18%	-792.31%
Depreciation & Amortization	3.81	3.94	1.5	0.17	0.17
EBIT	-41.47	-58.19	-30.1	-4.93	-2.52
EBIT Margin	-301.81%	-304.77%	-308.38%	-383.69%	-850.15%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).