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Side-by-side financial comparison of Draganfly Inc. (DPRO) and Marwynn Holdings, Inc. (MWYN). Click either name above to swap in a different company.

Marwynn Holdings, Inc. is the larger business by last-quarter revenue ($2.3M vs $1.7M, roughly 1.4× Draganfly Inc.). Marwynn Holdings, Inc. runs the higher net margin — -116.0% vs -409.2%, a 293.2% gap on every dollar of revenue. On growth, Draganfly Inc. posted the faster year-over-year revenue change (-8.7% vs -13.3%).

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.

Marwynn Holdings, Inc. is a Canada-based investment holding company focused on acquiring, managing, and scaling middle-market businesses primarily across North America. Its core operating segments cover industrial products, consumer goods, and technology-enabled services, targeting sustainable long-term value creation for its stakeholders.

DPRO vs MWYN — Head-to-Head

Bigger by revenue
MWYN
MWYN
1.4× larger
MWYN
$2.3M
$1.7M
DPRO
Growing faster (revenue YoY)
DPRO
DPRO
+4.6% gap
DPRO
-8.7%
-13.3%
MWYN
Higher net margin
MWYN
MWYN
293.2% more per $
MWYN
-116.0%
-409.2%
DPRO

Income Statement — Q2 FY2024 vs Q1 FY2026

Metric
DPRO
DPRO
MWYN
MWYN
Revenue
$1.7M
$2.3M
Net Profit
$-7.1M
$-2.7M
Gross Margin
26.6%
42.4%
Operating Margin
-115.8%
Net Margin
-409.2%
-116.0%
Revenue YoY
-8.7%
-13.3%
Net Profit YoY
-2.6%
-11713.9%
EPS (diluted)
$-0.16

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
DPRO
DPRO
MWYN
MWYN
Q3 25
$2.3M
Q1 25
$623.7K
Q2 24
$1.7M
Q2 23
$1.9M
Net Profit
DPRO
DPRO
MWYN
MWYN
Q3 25
$-2.7M
Q1 25
$23.4K
Q2 24
$-7.1M
Q2 23
$-6.9M
Gross Margin
DPRO
DPRO
MWYN
MWYN
Q3 25
42.4%
Q1 25
39.2%
Q2 24
26.6%
Q2 23
24.6%
Operating Margin
DPRO
DPRO
MWYN
MWYN
Q3 25
-115.8%
Q1 25
13.5%
Q2 24
Q2 23
Net Margin
DPRO
DPRO
MWYN
MWYN
Q3 25
-116.0%
Q1 25
3.8%
Q2 24
-409.2%
Q2 23
-363.8%
EPS (diluted)
DPRO
DPRO
MWYN
MWYN
Q3 25
$-0.16
Q1 25
$0.00
Q2 24
Q2 23

Balance Sheet & Financial Strength

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

Metric
DPRO
DPRO
MWYN
MWYN
Cash + ST InvestmentsLiquidity on hand
$5.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$-2.6M
$2.3M
Total Assets
$9.9M
$11.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DPRO
DPRO
MWYN
MWYN
Q3 25
Q1 25
$480
Q2 24
$5.3M
Q2 23
$6.7M
Stockholders' Equity
DPRO
DPRO
MWYN
MWYN
Q3 25
$2.3M
Q1 25
$2.4M
Q2 24
$-2.6M
Q2 23
$8.7M
Total Assets
DPRO
DPRO
MWYN
MWYN
Q3 25
$11.6M
Q1 25
$12.6M
Q2 24
$9.9M
Q2 23

Cash Flow & Capital Efficiency

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

Metric
DPRO
DPRO
MWYN
MWYN
Operating Cash FlowLast quarter
$-95.1K
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
DPRO
DPRO
MWYN
MWYN
Q3 25
$-95.1K
Q1 25
Q2 24
Q2 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

DPRO
DPRO

Segment breakdown not available.

MWYN
MWYN

Other$1.3M57%
Revenue From Recyclable Ewaste Materials Sales$1.0M43%

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