Parrot SA
0OPY.L
€8.64 2.37%
Exchange: LSE | Sector: Technology | Industry: Communication Equipment
Q4 2024
Published: Dec 31, 2024

Earnings Highlights

  • Revenue of $47.46M up 42% year-over-year
  • EPS of $0.03 increased by 108.1% from previous year
  • Gross margin of 68.6%
  • Net income of 825.00K
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0OPY.L
Company 0OPY.L

Executive Summary

Parrot SA delivered a strong Q4 2024, highlighted by a €47.461 million revenue line, representing a YoY increase of 41.98% and a QoQ surge of 100%, underscoring accelerating demand across its hardware and software platforms. Gross profit stood at €32.567 million for a gross margin of 68.6%, with EBITDA of €6.571 million and operating income of €1.664 million, culminating in net income of €0.825 million and basic EPS of €0.0268. The quarter generated €11.836 million of operating cash flow and €10.63 million of free cash flow, contributing to a net cash position of €24.871 million (cash at period end €33.604 million versus total debt €8.733 million). These results reflect Parrot’s ability to monetize its drone ecosystem while maintaining a disciplined investment stance in R&D and software platforms such as Pix4D. The balance sheet remains liquid with a current ratio of 2.86 and a debt-to-equity ratio of 0.186, aided by a substantial net cash position that provides strategic optionality.

Key Performance Indicators

Revenue
Increasing
47.46M
QoQ: 100.00% | YoY: 41.98%
Gross Profit
Increasing
32.57M
68.62% margin
QoQ: 100.00% | YoY: 42.63%
Operating Income
Increasing
1.66M
QoQ: 28.79% | YoY: 119.31%
Net Income
Increasing
825.00K
QoQ: 100.24% | YoY: 108.27%
EPS
Increasing
0.03
QoQ: 100.00% | YoY: 108.12%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 33.60 -0.47 +9.8% View
Q4 2024 47.46 0.03 +42.0% View
Q3 2024 23.73 0.01 +42.0% View
Q2 2024 30.59 -0.33 -3.0% View