Company Quick10K Filing
Astro Aerospace
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 70 $23
S-1 2019-11-25 Public Filing
10-Q 2019-11-19 Quarter: 2019-09-30
10-Q 2019-09-30 Quarter: 2019-06-30
10-Q 2019-06-24 Quarter: 2019-03-31
S-1 2019-01-07 Public Filing
10-K 2019-04-15 Annual: 2018-12-31
10-Q 2018-11-19 Quarter: 2018-09-30
10-Q 2018-09-14 Quarter: 2018-06-30
10-Q 2018-05-15 Quarter: 2018-03-31
10-K 2018-03-29 Annual: 2017-12-31
10-Q 2017-11-14 Quarter: 2017-09-30
10-Q 2017-08-10 Quarter: 2017-06-30
10-Q 2017-05-12 Quarter: 2017-03-31
10-K 2017-03-24 Annual: 2016-12-31
10-Q 2016-11-14 Quarter: 2016-09-30
10-Q 2016-08-15 Quarter: 2016-06-30
10-Q 2016-05-16 Quarter: 2016-03-31
10-K 2016-03-30 Annual: 2015-12-31
10-Q 2010-05-14 Quarter: 2010-03-31
10-K 2010-04-15 Annual: 2009-12-31
8-K 2019-09-17 Officers
8-K 2019-08-26 Enter Agreement, Sale of Shares, Exhibits
8-K 2019-06-21 Other Events
8-K 2018-11-27 Enter Agreement, Off-BS Arrangement, Sale of Shares, Exhibits
8-K 2018-05-08 Enter Agreement, M&A, Exhibits
8-K 2018-04-30 Officers
8-K 2018-04-30 Enter Agreement, M&A, Exhibits
8-K 2018-03-27 Amend Bylaw, Exhibits
8-K 2018-03-15 Other Events
8-K 2018-03-14 Control, Officers

Astro Aerospace Financials

ASDN Metrics, Comps, Filings

Annual | Quarterly

Business

Astro Aerospace Ltd. was originally incorporated in the State of Nevada on March 27, 2007. On March 14, 2018, the majority of the stock was purchased by MAAB Global Limited, resulting in the name change from CPSM, Inc. to Astro Aerospace Ltd. and the business change from pool sales to the research and development of manned and cargo drones. The Company has acquired the software, firmware and hardware for version one of a manned drone which has executed multiple flights. It is Astro's goal to transform how people and things get from place to place. This will be done by making safe, affordable user-friendly autonomous manned and unmanned Electrical Vertical Take-Off and Landing (eVTOL) aircraft available to the mass market anywhere. Astro is currently working on Version two of the drone product which will feature design changes to enhance the top speed and length of time the drone can stay in the air while also adding additional safety features. The target market will be government, private sector operators and individuals for a wide range of commercial, logistical and personal uses. The Company is currently in the flight testing mode of its Passenger Drone Version 1.0, as well as in the development stages of its Version 2.0 Passenger Drone.

The Company is working with Paterson Composites Inc., our design and manufacturing partner, who is leading the design and development team with responsibility for developing the team as well as building the new prototypes for the two new drone models. The Company applied for approval to test the Passenger Drone1.0 version in Canada in order to display new software, avionics and stability. The Company received an SFOC (Special Flight Operations Certificate) from Transport Canada in September 2018, allowing Astro to take to the sky, and put the Passenger Drone 1.0 "Elroy" through critical elements of integrated flight testing. The testing culminated on Wednesday September 19, 2018 with a 4 minute and 30 second flight, reaching heights of over 60 feet and speeds of over 50 km/h. The avionics and flight control systems were put to task with a multitude of maneuvers and the vehicle remained exceptionally stable, even under the effects of a couple of unexpected wind gusts.

The Company's newest prototype focuses on a multitude of applications including passenger transport, cargo delivery, ambulance and med-evac services, rescue and disaster assistance, military, and B2B. Its newly designed modular structure allows the Astro Top Frame to fly independently, as well as in combination with the individually designed "Astro pods" for the specific need in that specific industry. A fly-in and pick-up system will allow the vehicle to connect, fly, disconnect and repeat, effectively and efficiently, changing from one application to the next.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Nexien BioPharma (NTVA) 24,080 -5.6 -1,384% 311 45 0 0 -4,301 -4,301 23,933
Lifeloc Technologies (LCTC) 23,928 46% 25.1 4% 8,782 2,369 8,513 3,901 378 907 22,783
Sierra Monitor (SRMC) 23,849 78% 32.4 1% 11,778 2,813 17,068 13,240 160 666 21,593
Znergy (ZNRG) 23,572 14% -7.3 -336% 1,025 1,831 1,222 173 -3,443 -3,234 23,566
Draper Oakwood Technology Acquisition (DOTA) 23,547 -218.6 -0% 58,936 53,936 0 0 -160 -108 23,539
BioCardia (BCDA) 23,463 -7% -1.6 -538% 2,716 4,952 489 -33 -14,601 -14,508 22,946
BlackRidge Technology (BRTI) 23,351 95% -1.6 -242% 10,714 18,887 367 349 -25,888 -14,352 23,473
Barington/Hilco Acquisition (BHAC) 23,189 -6.7 -22% 9,481 4,481 0 0 -2,081 -2,081 13,844
Provectus Biopharmaceuticals (PVCT) 23,094 -3.6 -261% 2,718 23,684 0 0 -7,105 -6,028 21,770
Nukkleus (NUKK) 23,049 2% -46.5 -136% 324 1,307 19,200 300 -439 -495 23,040
Astro Aerospace (ASDN) 23,044 -3.0 850,352,200% 0 0 -8,504 -7,751 23,019
Trident Brands (TDNT) 22,618 27% -2.9 -186% 5,394 24,698 2,613 696 -10,055 -7,166 20,964
Cincinnati Bancorp (CNNB) 22,616 2.3 1% 206,334 182,814 0 0 2,248 5,006 11,468
Axovant Sciences (AXON) 22,553 0.2 -104% 101,445 72,093 0 0 -105,234 -96,181 -21,373
Synergy CHC (SNYR) 22,472 63% -22.7 -20% 17,493 11,759 30,201 19,133 -3,536 -1,237 28,038
Hedgepath Pharmaceuticals (HPPI) 22,227 -5.2 -184% 2,132 3,305 0 0 -3,917 -3,917 20,202
CafePress (PRSS) 22,127 40% -4.1 -21% 36,635 7,335 76,314 30,369 -7,780 -3,082 12,657
Renmin Tianli (ABAC) 22,074 10% -11.2 1% 90,826 3,425 26,426 2,713 626 3,526 -39,336
Plyzer Technologies (PLYZ) 22,054 0% -0.8 -4,305% 654 5,166 34 0 -28,156 -28,108 21,792

Balance Sheet ($'000)2015-12-312016-12-312017-12-312018-12-31
Cash42843021755
Accounts Receivable158130273
Inventory4794126
PP&E956963934
Assets1,8461,7841,700992
Accounts Payable
Long-Term Debt565622561
Liabilities1,3961,086984794
Stockholders' Equity450698715198
Income Statement ($'000)2015-12-312016-12-312017-12-312018-12-31
Revenue4,2155,2195,0970
Cost of Revenue1,6442,3952,084
Gross Profit2,5712,8243,013
R&D902
SG&A7889021,046249
Tax3566-260
Net Income13813316-7,627
Cash Flow ($'000)2015-12-312016-12-312017-12-312018-12-31
Cash Operating255200-23-1,374
Cash Investing-394201-100
Cash Financing9-399-1801,189