Ventum Cap Mkts Comments on CVE:FLT FY2026 Earnings

Key Points

• Ventum Cap Mkts predicts that Drone Delivery Canada Corp. (CVE:FLT) will earn $0.01 per share in FY2026, while the current consensus estimate is a loss of ($0.01) per share.
• As of the last trading session, FLT stock opened at C$0.57 with a 12-month price range of C$0.11 to C$0.97.
• The company operates a commercial drone-based logistics platform and has a market capitalization of C$322.62 million with notable financial metrics including a debt-to-equity ratio of 67.19.

Drone Delivery Canada Corp. (CVE:FLT - Free Report) - Research analysts at Ventum Cap Mkts issued their FY2026 earnings per share (EPS) estimates for Drone Delivery Canada in a note issued to investors on Tuesday, September 16th. Ventum Cap Mkts analyst R. Goff expects that the company will post earnings per share of $0.01 for the year. The consensus estimate for Drone Delivery Canada's current full-year earnings is ($0.01) per share.

Drone Delivery Canada Trading Down 3.4%

Shares of FLT traded down C$0.02 during mid-day trading on Friday, reaching C$0.57. 1,264,694 shares of the company were exchanged, compared to its average volume of 1,685,568. Drone Delivery Canada has a 52 week low of C$0.11 and a 52 week high of C$0.97. The company has a debt-to-equity ratio of 67.19, a quick ratio of 9.02 and a current ratio of 0.46. The stock has a market capitalization of C$327.92 million, a PE ratio of -19.00 and a beta of 2.19. The business has a 50 day simple moving average of C$0.58 and a two-hundred day simple moving average of C$0.33.

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.