Delta Drone - Sharp increase in operating result - The relevance of the strategic model asserts itself

Sharp increase in operating result
The relevance of the strategic model asserts itself 

1. Revenue for the 1st half of 2020: +16.8% to € 6.9 M
2. EBITDA (1) (corrected for non-recurring items): € -0.9 M (€ -2 M at June 30, 2019)
3. Sales/termination of loss-generating and non-strategic activities
4. First commercial successes thanks to the organization of two divisions: “professional solutions” and “associated services”
5. Accounts in line with the 2020-2021 strategic plan
6. EBITDA: Operating income before depreciation and amortization and provisions

Dardilly, September 30, 2020 at 6PM

(In K€)	FY 2019	S1 2019	S1 2020
Turnover	15 987	5 893	6 885
Other incomes	1 561	695	1 224
Operating expenses (Purchases + ACE)	8 477	3 638	3 833
ADDED VALUE	9 071	2 950	4 276
Personnel expenses	13 985	5 512	6 373
EBITDA (1)	(4 914)	(2 562)	(2 097)
Non-recurring expenses (strategic plan impact)		480	1 167
OPERATING PROFIT before DAP*	(4 833)	(2 082)	(930)
Depreciation & provisions (2)	1 995	996	853
OPERATING PROFIT (1) – (2)	(6 909)	(3 558)	(2 950)
Financial result	513	553	(202)
Exceptional result	(1 356)	(591)	(51)
Depreciation, amortization - Goodwill	1 670	703	920
CONSOLIDATED NET RESULT	(10 081)	(4 544)	(4 403)
EQUITY and similar	9 734	10 230	8 755
NET CASH	1 817	3 494	2 158

                        *DAP: Depreciation and provisions