Tonner Drones publishes its half year Results 2025

Tonner Drones publishes its half year Results 2025

Paris, September 22^th, 2025, 18:30, Tonner Drones (’the Company’) publishes today its half year results and half year report and prepares for future growth.

Most performance indicators improved during the first half of the year. The key highlights of the results are as follows.   
Revenue decreased by 28%, however, expenses decreased more by 68%. The financial result improved by 106%, reaching a positive amount of €78,000. Net income also improved, however still negative at €141,000. Cash and cash equivalents increased by 221%, reaching €1.4 million.

In k euro	30/06/2025	30/06/2024	Difference
Revenue	67	93	-28%
Operating expenses	375	1 161	-68%
Financial result *	78	(1 195)	+106%
Net result **	(141)	(4 347)	+97%
Cash and cash equivalents	1 458	457	+221%

(*) Including unrealized gain of €66,000 on positions in the treasury portfolio, the financial result would be €144,000.
(*) Including unrealized gain of €66,000 on positions in the treasury portfolio, the loss would be €75,000.

In k euro	30/06/2025	31/12/2024	Difference
Revenue	67	119	-44%
Operating expenses	375	3 281	-89%
Financial result *	78	(3 097)	+103%
Net result **	(141)	(5 762)	+98%
Cash and cash equivalents	1 458	341	+330%
Financial debt	3 996	5 444	-27%

“Although the net-result is still slightly negative, I'm satisfied with the progress we've made. The financial situation has improved, and the trend is up. We still incurred some costs related to the past. But we're increasingly able to put the past behind us. Shareholders, current and new partners, are seeing the developments, and we're seeing traction in working with us. Therefore, I'm optimistic about the future.” Diede van den Ouden said, CEO. “The rights issue we launched does indeed result in some dilution. However, I believe the transaction is beneficial for the company. Just as with the issuance of free BSA to all shareholders in August 2024, we're once again giving shareholders every opportunity to support the company on its path to a better future. I'm the company's largest shareholder and will subscribe for the new shares. Moreover, I've guaranteed the transaction, allowing my stake to increase further. Therefore, I'm fully putting my own interests at the service of all shareholders.”