vs

Side-by-side financial comparison of ANAVEX LIFE SCIENCES CORP. (AVXL) and Draganfly Inc. (DPRO). Click either name above to swap in a different company.

Draganfly Inc. is the larger business by last-quarter revenue ($1.7M vs $1.1M, roughly 1.6× ANAVEX LIFE SCIENCES CORP.). Draganfly Inc. runs the higher net margin — -409.2% vs -526.5%, a 117.3% gap on every dollar of revenue. On growth, Draganfly Inc. posted the faster year-over-year revenue change (-8.7% vs -22.6%).

Anavex Life Sciences Corp is a clinical-stage biopharmaceutical firm focused on developing novel small molecule therapeutics for neurodegenerative and neurodevelopmental disorders such as Alzheimer’s disease, Rett syndrome and Parkinson’s disease. It operates mainly across North America and European markets, targeting patients with high unmet medical needs.

Draganfly Inc. is a technology firm specializing in commercial drone design, manufacturing, and sales, plus supporting software and custom aerial data solutions. It serves public safety, agriculture, industrial inspection, disaster response, and mapping segments, with core North American markets and a global client base.

AVXL vs DPRO — Head-to-Head

Bigger by revenue
DPRO
DPRO
1.6× larger
DPRO
$1.7M
$1.1M
AVXL
Growing faster (revenue YoY)
DPRO
DPRO
+13.9% gap
DPRO
-8.7%
-22.6%
AVXL
Higher net margin
DPRO
DPRO
117.3% more per $
DPRO
-409.2%
-526.5%
AVXL

Income Statement — Q1 FY2026 vs Q2 FY2024

Metric
AVXL
AVXL
DPRO
DPRO
Revenue
$1.1M
$1.7M
Net Profit
$-5.7M
$-7.1M
Gross Margin
26.6%
Operating Margin
-628.5%
Net Margin
-526.5%
-409.2%
Revenue YoY
-22.6%
-8.7%
Net Profit YoY
53.1%
-2.6%
EPS (diluted)
$-0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVXL
AVXL
DPRO
DPRO
Q4 25
$1.1M
Q3 25
$999.0K
Q2 25
$1.1M
Q1 25
$1.2M
Q4 24
$1.4M
Q3 24
$1.8M
Q2 24
$1.8M
$1.7M
Q1 24
$1.8M
Net Profit
AVXL
AVXL
DPRO
DPRO
Q4 25
$-5.7M
Q3 25
$-9.8M
Q2 25
$-13.2M
Q1 25
$-11.2M
Q4 24
$-12.1M
Q3 24
$-11.6M
Q2 24
$-12.2M
$-7.1M
Q1 24
$-10.5M
Gross Margin
AVXL
AVXL
DPRO
DPRO
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
26.6%
Q1 24
Operating Margin
AVXL
AVXL
DPRO
DPRO
Q4 25
-628.5%
Q3 25
-1085.5%
Q2 25
-1345.0%
Q1 25
-1034.1%
Q4 24
-975.0%
Q3 24
-810.9%
Q2 24
-813.1%
Q1 24
-718.9%
Net Margin
AVXL
AVXL
DPRO
DPRO
Q4 25
-526.5%
Q3 25
-983.7%
Q2 25
-1231.9%
Q1 25
-925.3%
Q4 24
-868.8%
Q3 24
-660.2%
Q2 24
-680.1%
-409.2%
Q1 24
-600.6%
EPS (diluted)
AVXL
AVXL
DPRO
DPRO
Q4 25
$-0.06
Q3 25
$-0.11
Q2 25
$-0.16
Q1 25
$-0.13
Q4 24
$-0.14
Q3 24
$-0.14
Q2 24
$-0.14
Q1 24
$-0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVXL
AVXL
DPRO
DPRO
Cash + ST InvestmentsLiquidity on hand
$131.7M
$5.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$126.6M
$-2.6M
Total Assets
$133.0M
$9.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVXL
AVXL
DPRO
DPRO
Q4 25
$131.7M
Q3 25
$102.6M
Q2 25
$101.2M
Q1 25
$115.8M
Q4 24
$120.8M
Q3 24
$132.2M
Q2 24
$138.8M
$5.3M
Q1 24
$139.4M
Stockholders' Equity
AVXL
AVXL
DPRO
DPRO
Q4 25
$126.6M
Q3 25
$94.9M
Q2 25
$91.0M
Q1 25
$99.8M
Q4 24
$110.9M
Q3 24
$120.3M
Q2 24
$129.8M
$-2.6M
Q1 24
$135.0M
Total Assets
AVXL
AVXL
DPRO
DPRO
Q4 25
$133.0M
Q3 25
$103.8M
Q2 25
$102.4M
Q1 25
$117.1M
Q4 24
$124.0M
Q3 24
$135.6M
Q2 24
$141.5M
$9.9M
Q1 24
$144.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVXL
AVXL
DPRO
DPRO
Operating Cash FlowLast quarter
$-7.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVXL
AVXL
DPRO
DPRO
Q4 25
$-7.2M
Q3 25
$-8.6M
Q2 25
$-12.5M
Q1 25
$-5.9M
Q4 24
$-12.1M
Q3 24
$-6.7M
Q2 24
$-5.2M
Q1 24
$-11.7M

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons