Steve Magirias - Drone Delivery CEO President

FLT Stock  CAD 0.14  0.01  7.69%   

CEO

Steve Magirias is CEO President of Drone Delivery Canada
Address 60 Airport Road, Oro-Medonte, ON, Canada, L0L 2E0
Phone855-755-2763
Webhttps://volatusaerospace.com

Drone Delivery Management Efficiency

The company has return on total asset (ROA) of (0.1973) % which means that it has lost $0.1973 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (2.382) %, meaning that it generated substantial loss on money invested by shareholders. Drone Delivery's management efficiency ratios could be used to measure how well Drone Delivery manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.47 in 2024. Return On Capital Employed is likely to drop to -0.78 in 2024. At this time, Drone Delivery's Total Assets are fairly stable compared to the past year. Total Current Assets is likely to climb to about 11.4 M in 2024, despite the fact that Non Currrent Assets Other are likely to grow to (1.09).
Drone Delivery Canada has accumulated 9.34 M in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Drone Delivery Canada has a current ratio of 30.36, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Drone Delivery until it has trouble settling it off, either with new capital or with free cash flow. So, Drone Delivery's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Drone Delivery Canada sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Drone to invest in growth at high rates of return. When we think about Drone Delivery's use of debt, we should always consider it together with cash and equity.

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Drone Delivery Canada Corp. designs, develops, and implements commercial drone-based logistics systems in Canada and internationally. The company was incorporated in 2011 and is based in Vaughan, Canada. DRONE DELIVERY is traded on Commodity Exchange in Exotistan. Drone Delivery Canada (FLT) is traded on TSX Venture Exchange in Canada and employs 21 people. Drone Delivery is listed under Technology Hardware, Storage & Peripherals category by Fama And French industry classification.

Management Performance

Drone Delivery Canada Leadership Team

Elected by the shareholders, the Drone Delivery's board of directors comprises two types of representatives: Drone Delivery inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Drone. The board's role is to monitor Drone Delivery's management team and ensure that shareholders' interests are well served. Drone Delivery's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Drone Delivery's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Williams, Director of Regulatory Affairs, USA
Luc Masse, Executive Secretary
Abhinav Singhvi, Chief Officer
Mike McKeon, Chief Officer
Michael Fortuna, Director
Steve Magirias, CEO President
Robert Suttie, Chief Financial Officer, Corporate Secretary
Richard Buzbuzian, President Director
Chris Irwin, Director
Sylvia Kolitsopoulos, Director Marketing
Glen Lynch, CEO President
Samira Firouzfar, Human Manager
Danielle Gagne, Head Communications
Greg Colacitti, Chief Officer
Robert Montemarano, Independent Director
Michael Zahra, Senior Vice President - Operations and Strategy
Robert Walker, Chief Officer
Manish Arora, Chief Officer
Michael Urlocker, Vice President - Strategic Partnerships
Kevin Sherkin, Director
Tony Benedetto, Chief Executive Officer, Director

Drone Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Drone Delivery a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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Additional Tools for Drone Stock Analysis

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