Financial Snapshot

Revenue
$627.5K
TTM
Gross Margin
34.8%
TTM
Net Earnings
-$2.459M
TTM
Current Assets
$6.465M
Q2 2024
Current Liabilities
$1.245M
Q2 2024
Current Ratio
519.36%
Q2 2024
Total Assets
$7.137M
Q2 2024
Total Liabilities
$3.032M
Q2 2024
Book Value
$4.105M
Q2 2024
Cash
P/E
-7.262
Nov 29, 2024 EST
Free Cash Flow
-$2.068M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $620.5K $560.0K $720.0K $760.0K
YoY Change 10.81% -22.22% -5.26%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $620.5K $560.0K $720.0K $760.0K
Cost Of Revenue $476.6K $340.0K $460.0K $850.0K
Gross Profit $143.9K $220.0K $260.0K -$90.00K
Gross Profit Margin 23.19% 39.29% 36.11% -11.84%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $1.961M $1.030M $640.0K $910.0K
YoY Change 90.37% 60.94% -29.67%
% of Gross Profit 1362.62% 468.18% 246.15%
Research & Development $636.8K $640.0K $600.0K $320.0K
YoY Change -0.5% 6.67% 87.5%
% of Gross Profit 442.54% 290.91% 230.77%
Depreciation & Amortization $17.09K $20.00K $20.00K $20.00K
YoY Change -14.57% 0.0% 0.0%
% of Gross Profit 11.87% 9.09% 7.69%
Operating Expenses $2.598M $1.670M $1.250M $1.230M
YoY Change 55.54% 33.6% 1.63%
Operating Profit -$2.800M -$1.450M -$990.0K -$1.320M
YoY Change 93.08% 46.46% -25.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense $152.7K $190.0K $370.0K -$620.0K
YoY Change -19.61% -48.65% -159.68%
% of Operating Profit
Other Income/Expense, Net $210.7K $203.0K $372.0K
YoY Change 3.8% -45.45%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income -$3.771M -$1.650M -$620.0K -$1.940M
YoY Change 128.57% 166.13% -68.04%
Income Tax
% Of Pretax Income
Net Earnings -$3.771M -$1.650M -$620.0K -$1.940M
YoY Change 128.57% 166.13% -68.04%
Net Earnings / Revenue -607.79% -294.64% -86.11% -255.26%
Basic Earnings Per Share $0.77 $0.49 $1.71
Diluted Earnings Per Share $0.77 -$0.27 -$0.10 -$0.32

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $7.428M $90.00K $30.00K $140.0K
YoY Change 8153.79% 200.0% -78.57%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $418.1K $350.0K $20.00K $20.00K
YoY Change 19.45% 1650.0% 0.0%
Inventory $264.5K $300.0K $350.0K $360.0K
Prepaid Expenses
Receivables $22.38K $180.0K $10.00K $40.00K
Other Receivables $233.5K $120.0K $60.00K $80.00K
Total Short-Term Assets $8.367M $1.050M $470.0K $640.0K
YoY Change 696.84% 123.4% -26.56%
Property, Plant & Equipment $58.11K $100.0K $60.00K $120.0K
YoY Change -41.89% 66.67% -50.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $58.11K $100.0K $60.00K $120.0K
YoY Change -41.89% 66.67% -50.0%
Total Assets $8.425M $1.150M $530.0K $760.0K
YoY Change
Accounts Payable $56.68K $50.00K $40.00K $70.00K
YoY Change 13.36% 25.0% -42.86%
Accrued Expenses $490.9K $630.0K $430.0K $470.0K
YoY Change -22.09% 46.51% -8.51%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $30.00K
YoY Change -100.0%
Long-Term Debt Due $0.00 $0.00 $10.00K
YoY Change -100.0%
Total Short-Term Liabilities $755.1K $2.380M $7.150M $6.740M
YoY Change -68.27% -66.71% 6.08%
Long-Term Debt $0.00 $400.0K $0.00 $20.00K
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $1.565M $10.00K $0.00 $10.00K
YoY Change 15547.7% -100.0%
Total Long-Term Liabilities $1.565M $410.0K $0.00 $30.00K
YoY Change 281.65% -100.0%
Total Liabilities $2.320M $2.790M $7.150M $6.760M
YoY Change -16.85% -60.98% 5.77%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 4.891M shares 3.349M shares 359.7K shares
Diluted Shares Outstanding 4.891M shares 3.349M shares 359.7K shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $17.86 Million

About ParaZero Technologies Ltd.

ParaZero Technologies Ltd. develops drone technology and safety systems. The firm's patented technology SafeAir is designed to protect hardware, people, and payload in the event of an in-flight failure. The firm's SafeAir system is a smart parachute system that monitors UAS flight in real-time, identifies critical failures, and autonomously triggers a parachute in the event of an emergency. The firm has forged partnerships all around the world, including India, South Korea, the United States, Latin America, and Europe.

Industry: Aircraft Parts & Auxiliary Equipment, NEC Peers: SENSTAR TECHNOLOGIES LTD. Maris Tech Ltd. Rail Vision Ltd. SuperCom Ltd