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Side-by-side financial comparison of Draganfly Inc. (DPRO) and HeartCore Enterprises, Inc. (HTCR). Click either name above to swap in a different company.
HeartCore Enterprises, Inc. is the larger business by last-quarter revenue ($3.0M vs $1.7M, roughly 1.7× Draganfly Inc.). HeartCore Enterprises, Inc. runs the higher net margin — 14.5% vs -409.2%, a 423.7% gap on every dollar of revenue. On growth, Draganfly Inc. posted the faster year-over-year revenue change (-8.7% vs -81.6%).
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.
HeartCore Enterprises, Inc. is a global SaaS provider specializing in customer experience management, digital transformation solutions, and marketing technology tools. It operates mainly in Japan, Asia-Pacific, and North America, serving small-to-medium businesses and large enterprises with content management systems, marketing automation platforms, and CRM solutions.
DPRO vs HTCR — Head-to-Head
Income Statement — Q2 FY2024 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.7M | $3.0M |
| Net Profit | $-7.1M | $434.1K |
| Gross Margin | 26.6% | 49.1% |
| Operating Margin | — | -0.4% |
| Net Margin | -409.2% | 14.5% |
| Revenue YoY | -8.7% | -81.6% |
| Net Profit YoY | -2.6% | -96.1% |
| EPS (diluted) | — | $0.02 |
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.
| Q3 25 | — | $3.0M | ||
| Q2 25 | — | $4.7M | ||
| Q1 25 | — | $3.6M | ||
| Q4 24 | — | $-2.7M | ||
| Q3 24 | — | $16.2M | ||
| Q2 24 | $1.7M | $4.1M | ||
| Q1 24 | — | $5.0M | ||
| Q4 23 | — | $3.3M |
| Q3 25 | — | $434.1K | ||
| Q2 25 | — | $1.1M | ||
| Q1 25 | — | $-3.1M | ||
| Q4 24 | — | $-9.3M | ||
| Q3 24 | — | $11.1M | ||
| Q2 24 | $-7.1M | $-2.0M | ||
| Q1 24 | — | $-1.3M | ||
| Q4 23 | — | $-2.9M |
| Q3 25 | — | 49.1% | ||
| Q2 25 | — | 46.7% | ||
| Q1 25 | — | 30.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 86.3% | ||
| Q2 24 | 26.6% | 19.8% | ||
| Q1 24 | — | 40.3% | ||
| Q4 23 | — | 2.9% |
| Q3 25 | — | -0.4% | ||
| Q2 25 | — | 2.3% | ||
| Q1 25 | — | -34.7% | ||
| Q4 24 | — | 386.5% | ||
| Q3 24 | — | 76.0% | ||
| Q2 24 | — | -37.1% | ||
| Q1 24 | — | -13.5% | ||
| Q4 23 | — | -95.1% |
| Q3 25 | — | 14.5% | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | — | -86.1% | ||
| Q4 24 | — | 346.8% | ||
| Q3 24 | — | 68.1% | ||
| Q2 24 | -409.2% | -48.0% | ||
| Q1 24 | — | -26.4% | ||
| Q4 23 | — | -85.7% |
| Q3 25 | — | $0.02 | ||
| Q2 25 | — | $0.04 | ||
| Q1 25 | — | $-0.14 | ||
| Q4 24 | — | $-0.45 | ||
| Q3 24 | — | $0.53 | ||
| Q2 24 | — | $-0.09 | ||
| Q1 24 | — | $-0.06 | ||
| Q4 23 | — | $-0.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $5.3M | $4.4M |
| Total DebtLower is stronger | — | $510.9K |
| Stockholders' EquityBook value | $-2.6M | $5.2M |
| Total Assets | $9.9M | $13.3M |
| Debt / EquityLower = less leverage | — | 0.10× |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $4.4M | ||
| Q2 25 | — | $2.5M | ||
| Q1 25 | — | $2.3M | ||
| Q4 24 | — | $6.5M | ||
| Q3 24 | — | $8.6M | ||
| Q2 24 | $5.3M | $4.2M | ||
| Q1 24 | — | $1.6M | ||
| Q4 23 | — | $1.7M |
| Q3 25 | — | $510.9K | ||
| Q2 25 | — | $1.5M | ||
| Q1 25 | — | $1.5M | ||
| Q4 24 | — | $545.1K | ||
| Q3 24 | — | $1.9M | ||
| Q2 24 | — | $1.9M | ||
| Q1 24 | — | $2.0M | ||
| Q4 23 | — | $2.2M |
| Q3 25 | — | $5.2M | ||
| Q2 25 | — | $4.8M | ||
| Q1 25 | — | $1.8M | ||
| Q4 24 | — | $4.7M | ||
| Q3 24 | — | $12.4M | ||
| Q2 24 | $-2.6M | $1.6M | ||
| Q1 24 | — | $3.9M | ||
| Q4 23 | — | $5.2M |
| Q3 25 | — | $13.3M | ||
| Q2 25 | — | $13.5M | ||
| Q1 25 | — | $10.2M | ||
| Q4 24 | — | $14.0M | ||
| Q3 24 | — | $25.5M | ||
| Q2 24 | $9.9M | $24.1M | ||
| Q1 24 | — | $22.3M | ||
| Q4 23 | — | $19.6M |
| Q3 25 | — | 0.10× | ||
| Q2 25 | — | 0.31× | ||
| Q1 25 | — | 0.84× | ||
| Q4 24 | — | 0.12× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 1.20× | ||
| Q1 24 | — | 0.50× | ||
| Q4 23 | — | 0.42× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DPRO
Segment breakdown not available.
HTCR
| Customised Software Development And Services | $1.7M | 58% |
| Software Related Cost Of Revenues | $1.4M | 46% |
