Company Quick10K Filing
AgEagle Aerial Systems
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 15 $4
10-Q 2019-11-14 Quarter: 2019-09-30
10-Q 2019-08-13 Quarter: 2019-06-30
10-Q 2019-05-15 Quarter: 2019-03-31
10-K 2019-03-28 Annual: 2018-12-31
10-Q 2018-11-14 Quarter: 2018-09-30
S-1 2018-07-24 Public Filing
10-Q 2018-08-14 Quarter: 2018-06-30
10-Q 2018-05-18 Quarter: 2018-03-31
10-K 2018-03-23 Annual: 2017-12-31
10-Q 2017-11-14 Quarter: 2017-09-30
10-Q 2017-08-21 Quarter: 2017-06-30
10-Q 2017-05-15 Quarter: 2017-03-31
10-K 2017-03-31 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 2016-04-11 Annual: 2015-12-31
10-Q 2015-11-16 Quarter: 2015-09-30
10-Q 2015-08-14 Quarter: 2015-06-30
10-Q 2015-05-15 Quarter: 2015-03-31
10-K 2015-03-31 Annual: 2014-12-31
10-Q 2014-11-14 Quarter: 2014-09-30
10-Q 2014-08-13 Quarter: 2014-06-30
10-Q 2014-05-13 Quarter: 2014-03-31
10-K 2014-03-28 Annual: 2013-12-31
10-Q 2013-11-14 Quarter: 2013-09-30
10-Q 2013-08-12 Quarter: 2013-06-30
10-Q 2013-05-14 Quarter: 2013-03-31
10-K 2013-04-10 Annual: 2012-12-31
10-Q 2012-11-14 Quarter: 2012-09-30
10-Q 2012-08-10 Quarter: 2012-06-30
10-Q 2012-05-14 Quarter: 2012-03-31
10-K 2012-04-16 Annual: 2011-12-31
10-Q 2011-11-21 Quarter: 2011-09-30
10-Q 2011-08-15 Quarter: 2011-06-30
10-Q 2011-05-23 Quarter: 2011-03-31
10-Q 2010-11-18 Quarter: 2010-09-30
10-Q 2010-08-16 Quarter: 2010-06-30
10-K 2010-07-15 Annual: 2010-03-31
10-Q 2010-02-16 Quarter: 2009-12-31
8-K 2020-03-06 Officers, Exhibits
8-K 2019-10-31 Leave Agreement
8-K 2019-09-30 Officers
8-K 2019-06-18 Shareholder Vote
8-K 2019-05-03 Enter Agreement, Exhibits
8-K 2019-04-15 Officers
8-K 2018-12-28 Shareholder Vote
8-K 2018-12-27 Enter Agreement, Sale of Shares, Amend Bylaw, Exhibits
8-K 2018-11-21 Officers, Exhibits
8-K 2018-08-28 M&A, Sale of Shares, Other Events, Exhibits
8-K 2018-07-25 Enter Agreement, Other Events, Exhibits
8-K 2018-07-18 Officers, Other Events, Exhibits
8-K 2018-07-10 Officers, Other Events, Exhibits
8-K 2018-06-27 Regulation FD, Other Events, Exhibits
8-K 2018-04-12 Officers
8-K 2018-03-26 Other Events, Exhibits
8-K 2018-03-26 M&A, Sale of Shares, Accountant, Control, Officers, Amend Bylaw, Other Events, Exhibits
8-K 2018-03-21 Shareholder Vote, Regulation FD, Exhibits, Exhibits
8-K 2018-02-28 Other Events, Exhibits, Exhibits
8-K 2018-02-20 Other Events, Exhibits
8-K 2018-01-31 Enter Agreement, Exhibits

AgEagle Aerial Systems Financials

UAVS Metrics, Comps, Filings

Annual | Quarterly

Business

AgEagle Aerial Systems Inc. (“AgEagle,” “the Company,” “we,” “our” or “us”) was created to pioneer, innovate and advance aerial imaging data collection and analytics technologies capable of addressing the impending food and environmental sustainability crises that threaten our planet. Our daily efforts are focused on delivering the metrics, tools and strategies necessary to define and implement intelligent sustainability and precision farming solutions that solve important problems confronting the agricultural industry. Since our founding in 2010, we have been intent on becoming a trusted partner to major food manufacturers and precision growers seeking to adopt and support productive agricultural approaches to better farming practices which limit the impact on our natural resources, reduce reliance on inputs and materially increase crop yields and profits.

We design, produce, distribute and support technologically-advanced small unmanned aerial systems (UAVs or drones) that we offer for sale commercially to the precision agriculture industry. Additionally, we recently announced a new service offering using our leased UAVs and associated data processing services for the sustainable agriculture industry.

Our first commercially available product was the AgEagle Classic which was followed shortly thereafter by the RAPID System. As we improved and matured our product, we launched the RX-60 and subsequently our current product, the RX-48. The success we have achieved with our legacy products, which we believe has carried over into the continued improvement of the RX-60 and RX-48, stems from our ability to invent and deliver advanced solutions utilizing our proprietary technologies and trade secrets that help farmers, agronomists and other precision agricultural professionals operate more effectively and efficiently. Our core technological capabilities, developed over five years of research and innovation, include a lightweight laminated shell that allows the UAV platform to perform under challenging flying conditions, a camera with a Near Infrared (NIR) filter, a rugged foot launcher (RX-60), and high-end software that automates drone flights and provides geo-referenced data.


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
Boeing (BA) 218,153,628 13% 44.4 3% 132,598,000 136,714,000 86,989,000 11,514,000 3,798,000 5,150,000 228,602,628
United Technologies (UTX) 117,854,599 6% 18.7 4% 139,009,000 96,083,000 75,539,000 4,297,000 5,080,000 8,241,000 153,790,599
Southeast Airport Group (ASR) 45,075,000 0% 56,181,821 19,500,432 0 0 0 0 41,361,928
Heico (HEI) 17,133,039 40% 33.8 12% 2,969,211 1,086,287 2,055,647 813,840 359,741 521,338 17,637,087
Textron (TXT) 11,773,252 12% 7.4 6% 15,062,000 9,610,000 13,345,000 1,630,000 862,000 1,441,000 10,720,252
AAR (AIR) 1,446,900 16% 28.0 0% 1,754,900 833,200 2,194,600 347,500 4,000 56,800 1,590,300
AeroVironment (AVAV) 1,344,924 55% 20.8 9% 544,493 54,133 262,930 143,853 47,406 58,135 1,209,182
Corporacion America Airports (CAAP) 1,040,145 0% 3,845,278 2,622,581 0 0 0 0 1,040,145
Triumph Group (TGI) 1,236,270 16% 36.9 -6% 2,761,803 3,179,263 523,732 -169,768 72,369 2,672,192
TAT Technologies (TATT) 57,686 0% 103,287 18,993 0 0 0 0 41,736
Sifco Industries (SIF) 16,984 9% 46.1 -8% 96,099 60,045 112,455 10,637 -7,505 868 40,023
Cesca Therapeutics (KOOL) 8,182 23% -0.2 -166% 21,599 7,729 10,053 2,301 -35,882 -36,889 5,962
FLIR Systems (FLIR) 7,326 50% 0.9 8% 3,197,880 1,328,230 1,846,445 924,645 268,429 394,929 368,919
Fuwei Films (FFHL) 6,793 14% 4.5 -2% 454,682 257,851 303,573 42,152 -8,960 -8,960 -40,115
Aethlon Medical (AEMD) 348 0% 0.1 -579% 1,282 1,261 140 0 -7,427 -7,415 -438
AgEagle Aerial Systems (UAVS) 4,856 20% -1.9 -34% 5,556 629 108 22 -1,868 -1,857 3,474
Embraer Brazilian Aviation (ERJ)
Pacific Airport Group (PAC) 0% 39,550,502 17,778,352 0 0 0 0 -1,912,047
Central North Airport Group (OMAB) 0% 15,590,484 7,078,557 0 0 0 0 -1,456,207

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash2,7707671,3088063,1021286782,602
Accounts Receivable1,4541,2222,4621,2799776001440
Inventory2392481441860149
PP&E2973102,4072,4051,9952,07717828
Assets31,41536,89569,99176,05821,8347,9922,6356,808
Accounts Payable2,3562,3842,4243,0431,143294218198
Long-Term Debt3,8338,50031,54723,01218,61217,92541
Liabilities9,94915,43641,08130,05724,36826,47014,661300
Stockholders' Equity20,90021,46028,91146,001-2,534-18,478-12,0266,508
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue108
Cost of Revenue62
Gross Profit46
R&D
SG&A9618097987916365405451,411
Tax0000000
Net Income-2,0393461,2904,574-51,922-13,1768,275-2,080
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating-7612,2853,1132,642-149-2,099-1,241-1,778
Cash Investing-2,740-10,578-6,752-6,4064,001-309-5-1,560
Cash Financing3,3106,2904,1803,261-1,556-5661,7965,905