Draganfly Inc. (NASDAQ:DPRO) Q2 2023 Earnings Conference Call August 9, 2023 5:30 PM ET
Company Participants
Rolly Bustos - IR
Cameron Chell - President and CEO
Paul Sun - CFO
Scott Larson - Lead Director
Conference Call Participants
Rolly Bustos
All right. To be respectful of everybody's time, I think we will get started. So greetings and welcome to the Draganfly 2023 Q2 earnings call. My name is Rolly Bustos, and I'm Internal Investor Relations here at Draganfly. We appreciate you all for joining us today.
We will start as usual, with our with our CEO and President, Cameron Chell, discussing the first quarter operational highlights. From there, our CFO, Paul Sun, will discuss the financials and we'll conclude with our Lead Director, Scott Larson, facilitating the Q&A portion. As always you're welcome to reach out to me at anytime at investor.relations@draganfly.com.
Lastly, I want to remind everyone that this presentation may include forward-looking information and statements. These statements are not guarantees of future performance and undue reliance should not be placed upon them.
Any future events or financial results may differ from what might be discussed here. The full forward-looking disclaimer can be found on Page two of this presentation, and I'd be happy to send that to anybody upon request. So Cam, please go ahead.
Cameron Chell
Great. Thanks, everybody. Appreciate everybody being here today and taking the time. First and foremost, I'd like to thank our employees and team members who've done an amazing job this last quarter on taking Draganfly to the next level on with all of our customers.
Second of all, I'd really like to thank our customers and clients who have taken the time to believe in Draganfly and allow us to help them in their endeavours, and foremost, I'd like to thank our shareholders for your trust in what we're building here.
So, I'm just going to do a screen share here to run through, oops, there we go, to run through our highlights for the last quarter. So a couple of things noteworthy I've mentioned is that our revenue for the quarter was $1.899 million. So just shy of $1.9 million, that's $1.5 million in product revenue and $317,000 in services revenue for the quarter. That’s slightly down on the quarter on the services side, primarily due to resourcing as it relates to some additional build-outs that we're doing with our facilities.