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Drone Delivery Canada Corp V.FLT

Alternate Symbol(s):  TAKOF

Drone Delivery Canada Corp. is a Canada-based drone technology company. The Company is focused on the designing, development and implementation of its proprietary logistics software platform, using drones. The Company’s hardware/software platform is used as a managed service and software as a service business model for government and corporate organizations. It is scalable to operational capabilities 24 hours a day, 365 days a year. It provides a complete turnkey logistics solution, which includes a proprietary software system (FLYTE), hardware and professional services, allowing for an autonomous cargo delivery process from depot to depot. It is focused on servicing a range of vertical markets, including remote communities, Indigenous communities, courier services, retail, e-commerce, mining, oil and gas, healthcare and pharmaceuticals, government, military, shore-to-ship, and construction applications in Canada and potentially internationally.


TSXV:FLT - Post by User

Comment by GreekTitanon Jun 10, 2020 3:54pm
121 Views
Post# 31135287

RE:RE:Here are some Drone Delivery Canada Corp. analyst reports

RE:RE:Here are some Drone Delivery Canada Corp. analyst reports
InvestForce wrote: Nice find, Vested. I find this report balanced and even wise. They recognize that Q1 results are "less relevant", acknowledge the Moose Cree delay but I'm glad the also acknowledge the catalysts and timing of revenue. DDC is coming alive. "We remain patient" is a great line.

 Our view: Neutral. We remain patient for further customer announcements and strategic milestones 

 

 • Quarterly results are less relevant in our view given the early stage of the company and revenue generation began in the last week of Q1/2020

 

 . Upcoming catalysts to watch for include the launch of Vision Profile, Moose Cree, and Edmonton airport as well as ongoing new customer announcements and new COVID-19 related applications. DDC expects Vision Profile’s launch to be imminent (i.e. Q2/Q3) while Edmonton Regional Airport Authority will likely be Q3 vs management’s prior Q1 target. We expect a June/July start. DDC’s $2.5mm commercial agreement with Moose-Cree First Nation continues to be delayed by federal funding. No updated timeline was provided in the latest quarterly results.



Vested210 wrote: Here are some Drone Delivery Canada Corp. analyst reports:
 
https://app.box.com/s/lpsk9eat5qbcgw2wcch8ft4nh31xictl




 

If anyone has waited this long... it would be crazy to lose patients now.

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