DroneShield (ASX: DRO) Becomes Profitable and Revenue Triples

NIA's only Australian stock suggestion and only defense sector stock suggestion in history DroneShield (ASX: DRO) hit a new 50-month high today of $0.43 per share for a gain of 115% since NIA's suggestion at $0.20 per share!

DRO's 2023 full year revenue tripled to $55.1 million and DRO became profitable in 4Q 2023 earning income before tax of $4 million compared to a 4Q 2022 loss of -$2.9 million! At some point a big defense contractor will acquire DRO!

In our August 16th 'NIA DroneShield (ASX: DRO) Update' alert, NIA said, "Currently, DRO is trading for $0.315 per share for a gain of 57.5% since NIA's suggestion. It would not be surprising for DRO to surpass its January high of $0.42 per share within the next twelve months."

NIA's August 16th prediction came true in only five months!

Click here to see NIA's initial DRO suggestion alert!

Click here to see NIA's August 16th 'NIA DroneShield (ASX: DRO) Update' alert!

Nobody in the world has a track record as good as NIA! We don't have an ego this is simply a fact! We are terrible at everything else except for discovering and analyzing the best companies at the ground-floor when nobody else is talking about them!

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.