2020 First-Quarter Business - Seite 2

PARROT GROUP REVENUES

€m and % of revenues	Q1 2019		Q1 2020		Change	FY 2019
Parrot Drones (microdrones)	6.8	38%	3.2	23%	-53%	31.9	42%
Of which, legacy consumer products(1)	1.2	7%	0.5	4%	-58%	9.3	12%
Pix4D (software)	5.2	29%	6.1	44%	+17%	22.5	30%
senseFly (drones and sensors)	4.6	26%	3.5	25%	-24%	14.2	19%
MicaSense (sensors and services)	1.8	10%	1.4	10%	-22%	7.5	10%
Parrot SA	0.3	2%	0.0	0%	-	1.8	2%
Intragroup eliminations	-1.0	-6%	-0.3	-2%	-70%	-2.3	-3%
PARROT GROUP TOTAL(2)	17.9	100%	13.8	100%	-23%	76.1	100%
DRONE TOTAL(2)(3)	16.5	85%	13.0	94%	-21%	66.2	88%

(1) Legacy consumer products: previous drone ranges (Bebop, Disco, Mini Drones), automotive products (car kit, plug & play) and connected devices.
(2) The “Parrot Group” and “Drone” 2019 totals included €0.2m for the business of Airinov, which was shut down in 2019.
(3) “Drone total” is an alternative performance indicator to measure the impact of strategic decisions; for the periods presented, it is determined by deducting from the Group’s total revenues the activities that are at the end of their lives or have been shut down, i.e. Parrot Drones’ legacy consumer products and Airinov’s revenues.