AgEagle FY2024 revenue $13.4M, operating loss narrows; record military orders booked

AgEagle Aerial Systems Inc.

2025-Q1 EPS reported -$0.09 revenue$3,649,410

FY2024 revenue $13.4M (-2.2% YoY); gross profit up 14.5% to $6.3M.
Operating loss narrowed to $12.6M from $39.2M; total op. expenses cut $25.7M including $18.9M impairment.
Cash on hand $3.6M, up 350% from $0.8M; raised $15.3M in equity/warrant offerings.
Record military orders: 49 eBee drones for French military, 20 drones for UAE, 60 sensors for East Asia.
Appointed Grant Begley as Chairman; added three new directors with aerospace/defense expertise.

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