Revenue $247k loss (0.020 or $3.8MDDC is making money, at a steady but slow rate, as discussed in the November SEDAR MD&A. Almost $250k revenue over the last quarter with a slightly higher loss now at $3.8M. They have enough cash to continue and DSV will likely become a source of income over 2023 with implementation of new routes. I see references to Condor in some safe routes as slow entry. Not much demand for Robin XL. Still at EPS (0.02). Overall steady slow progress.
Unfortunately, my own losses became too great and I had to take the loss to reinvest in other stocks that are successfully offsetting a lot of the losses. The drop below 50 cents was a bad omen at a bad time for markets and DDC got carried lower just being at a bad world market time. It doesn't help the image and prospects for drones flying over cities and populated areas that drones are used as lethal weapons daily in an unprecedented way in a shocking and devastating war in Ukraine. While 30 cents makes a great entry point, news of the past quarter fell flat on this board and in any significant news or posts elsewhere. I think $500+ 9 month revenue falls far short of analyst expectations for the year so we won't be getting much support from them and large investors do consider what they say, even if I don't often agree with them. Analysts once viewed a potential for $14M for this year, don't forget, and their lack of recognition of the slow and steady pace of disruptive technology is frustrating. DDC is working with agencies to change drone delivery regulations and advance with the times. That's slow but shows great leadership.