Company Quick10K Filing
AgEagle Aerial Systems
10-K 2019-12-31 Filed 2020-04-13
10-Q 2019-09-30 Filed 2019-11-14
10-Q 2019-06-30 Filed 2019-08-13
10-Q 2019-03-31 Filed 2019-05-15
10-K 2018-12-31 Filed 2019-03-28
10-Q 2018-09-30 Filed 2018-11-14
S-1 2018-07-24 Public Filing
10-Q 2018-06-30 Filed 2018-08-14
10-Q 2018-03-31 Filed 2018-05-18
10-K 2017-12-31 Filed 2018-03-23
10-Q 2017-09-30 Filed 2017-11-14
10-Q 2017-06-30 Filed 2017-08-21
10-Q 2017-03-31 Filed 2017-05-15
10-K 2016-12-31 Filed 2017-03-31
10-Q 2016-09-30 Filed 2016-11-14
10-Q 2016-06-30 Filed 2016-08-15
10-Q 2016-03-31 Filed 2016-05-16
10-K 2015-12-31 Filed 2016-04-11
10-Q 2015-09-30 Filed 2015-11-16
10-Q 2015-06-30 Filed 2015-08-14
10-Q 2015-03-31 Filed 2015-05-15
10-K 2014-12-31 Filed 2015-03-31
10-Q 2014-09-30 Filed 2014-11-14
10-Q 2014-06-30 Filed 2014-08-13
10-Q 2014-03-31 Filed 2014-05-13
10-K 2013-12-31 Filed 2014-03-28
10-Q 2013-09-30 Filed 2013-11-14
10-Q 2013-06-30 Filed 2013-08-12
10-Q 2013-03-31 Filed 2013-05-14
10-K 2012-12-31 Filed 2013-04-10
10-Q 2012-09-30 Filed 2012-11-14
10-Q 2012-06-30 Filed 2012-08-10
10-Q 2012-03-31 Filed 2012-05-14
10-K 2011-12-31 Filed 2012-04-16
10-Q 2011-09-30 Filed 2011-11-21
10-Q 2011-06-30 Filed 2011-08-15
10-Q 2011-03-31 Filed 2011-05-23
10-Q 2010-09-30 Filed 2010-11-18
10-Q 2010-06-30 Filed 2010-08-16
10-K 2010-03-31 Filed 2010-07-15
10-Q 2009-12-31 Filed 2010-02-16
8-K 2020-05-11 Enter Agreement, Exhibits
8-K 2020-05-05 Officers
8-K 2020-04-28 Officers, Other Events, Exhibits
8-K 2020-04-07 Enter Agreement, Sale of Shares, Amend Bylaw, Exhibits
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 M&A, Sale of Shares, Accountant, Control, Officers, Amend Bylaw, Other Events, Exhibits
8-K 2018-03-26 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

Quarterly | Annual

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, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

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% 27.0 0% 1,754,900 833,200 2,146,400 344,200 6,600 58,900 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
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
Corporacion America Airports (CAAP) 1,040,145 0% 3,845,278 2,622,581 0 0 0 0 1,040,145
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
Bionano Genomics (BNGO) 7,301 29% 0.1 -81% 19,207 26,586 11,354 3,288 -15,503 -13,258 -923
Fuwei Films (FFHL) 6,793 14% 4.5 -2% 454,682 257,851 303,573 42,152 -8,960 -8,960 -40,115
MICT (MICT) 5,725 -77% 0.0 -42% 7,628 4,687 477 -369 -3,222 -3,089 -42
AgEagle Aerial Systems (UAVS) 4,856 20% -1.9 -34% 5,556 629 108 22 -1,868 -1,857 3,474
DPW Holdings (DPW) 3,582 26% -0.3 -44% 47,426 29,500 19,469 5,119 -21,078 -13,446 3,972
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 ($'000)2011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash1,2222,7706684067674642311,2201,3081,4376395618062,9341,8573,2343,1022,0301,25386312819091156783,4672,5601,6772,6022,1511,5671,382
Accounts Receivable9271,4541,7291,2901,2221,2079882,2382,4622,5612,0671,8581,2799602,5291,0229778891,006821600627262257144061401129
Inventory4432392352842642482231872351441992032261862027200143132137149134125148
PP&E5265295295756302912842,4122,4072,4152,2982,4242,4052,3362,2302,0301,9951,9602,0012,1262,0772,030217197178109109116116116151174
Assets31,75531,41531,13134,55836,89537,60838,09768,26369,99170,08669,31970,97976,05861,00246,74834,40321,83415,18810,9919,5607,9927,5762,3672,0632,6354,8723,9265,9576,8086,2955,7345,556
Accounts Payable1,1262,3561,0681,5632,3841,9281,4842,8672,4242,5052,2792,7293,0432,0281,1927821,14369531438129483730615321869638145319822813762
Long-Term Debt6,1393,8334,9305,6668,50010,00011,00029,55631,54732,03819,02921,02023,01223,50521,47919,05018,61218,20518,00017,92517,9251309662419
Liabilities9,2179,94910,77010,75615,43616,28616,05439,91241,08141,23227,98928,35230,05730,00226,96324,08024,36823,92423,79924,85626,47028,14712,17313,10214,661850509964300332275629
Stockholders' Equity22,53820,90019,81722,50621,46021,32222,04428,35128,91128,85441,33042,62746,00131,00019,78510,323-2,534-8,736-12,808-15,296-18,478-20,570-9,806-11,039-12,0264,0223,4174,9936,5085,9635,4584,926
Income Statement ($'000)2011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue292517462042
Cost of Revenue24183341933
Gross Profit56141219
R&D0000
SG&A76424244152211139174221264141251243155231199961111841281241041341471908445266744487451420
Tax00000000000000000000000
Net Income3,119-3,211-1,082-1,2965720717-6201,174104-2831,7883,689-17,355-13,311-8,946-12,310-5,692-3,463-1,694-2,327-1,23711,627-319-1,339-203-597-690-565-739-563
Cash Flow ($'000)2011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating122-1,3471,448-1014581,4471,309-661,0581,425225-545264596-688-516-88-807-207-326-726-770-914-362-419-540-162
Cash Investing2,938-1,776-4,113-1,502-1,123-1,347-2,779-328-1,381-2,704-1,993-1164,141-31-8-86-167-49-5002210-4900-35-23
Cash Financing-1,5121,0203,0261,3004328891,558522-4741,2002,0132,789-3,027-698-377-175-1351202242261,4393,9807-31-32-90