Benji Taught Podcast Ep 1 –

$UAVS AG Eagle Aerial Systems

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Welcome to the new podcast! The audio at the ending had too much gain, forgive me it will be fixed next time. I’m new to the audio world.

Ep 1 TOPIC:

– Ag Eagle Aerial Systems / Ticker Symbol $UAVS

PR update as of 8/17/2020: (my thoughts)

– Revenue Increase of 516% for the 6mo comparable periods between 2019 & 2020. From $66,000 to $408,000. (Excellent)

– April – June, slow down of $16,000 compared to 2019s $20,000 due to pandemic related causes. (Understandable)

– The company anticipates $770,000 in revenue by the end of Q3. (Ambitious)

– Gross profit margin has increased to 54% from 20% for the comparable period. (Magnificent)

– Company net loss totaled $1.7M compared to the net loss of $1.3M in the previous year. Cause is related to higher operating cost associated to their shift in long-term growth strategies. (I can live with that)

– Cash On Hand is $12.9M from $718,000 in December. Currently the company has no long-term debt and Cash On Hand is at $25M+ as they have recently acquired equity financing previously announced.

– CEO, Michael Drozd, Impressed with work ethic, mutual interest in long term strategic planning, ability to weather the pandemic, ‘this will be a record breaking year for growth in UAVS’