DRO
DRONE FPO [DRO]
Industrials · ASX Small Cap
$4.2600 +19.3%
Updated 26 Mar 2026 · Scores refresh every scan
Score Breakdown
Technical64
Catalyst75
Sentiment50
Fundamental72
Momentum84
Risk Gate50
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Active Signals
Bullish Signals
- Trading above both moving averages — the trend is your friend here
- Watch out — volume is flowing out even as price holds up. Distribution pattern
- Beating the Small Ords index — relative strength of 1.28, so it's outpacing the pack
- Trading above the 200-day average — the long-term trend is on your side
- Cash positive / operating cashflow positive
- Strong revenue growth (+317%)
- Piotroski F-Score strong (7/9, low-confidence approx)
- New substantial holder(s) (1)
- Elevated short interest (8.0%)
- Earnings in sharp decline (-60% QoQ)
- CANSLIM A: Turned profitable
- CANSLIM I: Institutional ownership (30%)
- Sentiment is mixed — no strong consensus either way
- Strong long-term momentum — up 181% over the past year (excluding last month)
- Excellent risk-adjusted returns — Sharpe of 1.8 means strong gains without wild swings
- Revenue growing at +317% — the top line is moving in the right direction
- The bigger volume days are the up days — volume-weighted momentum is positive (1.41%/day)
- Beneish M-Score -0.28 > -1.78: likely earnings manipulation
- RBA hiking (-3pts)
- Overseas risk_off (-2pts, S&P500 strong_down, VIX 25)
Risk Signals
- Post-earnings drift: negative surprise (SUE -10)
- Not enough chatter to gauge sentiment — defaulting to neutral
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Recent Catalysts
HIGH Becoming a substantial holder
NONE Change in substantial holding
NONE Application for quotation of securities - DRO
NONE Application for quotation of securities - DRO
Announcement tone +3pts
Recent ASX Announcements
| 2026-03-24 | Becoming a substantial holder |
| 2026-03-24 | Change in substantial holding |
| 2026-03-20 | Application for quotation of securities - DRO |
| 2026-03-13 | Application for quotation of securities - DRO |
| 2026-03-04 | Application for quotation of securities - DRO |
Key Metrics
$3.5B
Market Cap
18.5M
Avg Volume
1.4x
Vol Ratio
$0.79 — $6.71
52-Week Range
8.0%
Short Interest
N/A
Cash Runway
1.1%
ROE
1.6%
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: -60% |
| A | Annual Earnings | improving | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 92% |
| L | Leader vs Laggard | pass | RS: 8 |
| I | Institutional Sponsorship | pass | Inst: 30% |
| M | Market Direction | neutral | Neutral |
Sector: Industrials
Ranked #89 of 96 · Sector avg: 47
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