DroneShield (ASX:DRO) reported a record revenue of AUD$ 92.9 million (approximately USD 58.4 million, based on exchange rates as of October 20th) for the third quarter, a significant jump from AUD$ 7.8 million (USD 4.9 million) during the same period last year, according to a statement released Monday on the Australian Securities Exchange.
The company also announced that it has already secured AUD$ 193.1 million (USD 121.4 million) in revenue for the full fiscal year.
SaaS (software-as-a-service) revenue reached AUD $3.5 million (USD 2.2 million) for the three months ending September 30, up from AUD$ 700,000 (USD 440,000) a year earlier.
DroneShield shares jumped on monday morning, especially on the alternative German market where it's also indexed!