The DroneShield Ltd (ASX: DRO) share price has been a strong performer over the past 12 months.
During this time, the counter-drone technology company’s shares have risen almost 350%.
To put that into context, a $10,000 investment a year ago would now be worth almost $45,000.
Let’s see what Bell Potter is saying about the company and where it thinks its shares could be heading from here.
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What is the broker saying?
Bell Potter has been running the rule over DroneShield’s full-year results and was relatively pleased with what it saw. It said:
DRO reported +276% YoY revenue growth to $216.5m in line with BPe. Gross margin (excluding inventory impairment) came in at 64.8% (BPe 67.9%). Opex was $125.3m (BPe…
