Inactive Instrument

Parazero Limited

Equities

PRZ

AU0000007502

Parazero Limited Reports Earnings Results for the Full Year Ended December 31, 2019

February 28, 2020 at 12:13 pm IST

Parazero Limited announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was USD 1.583 million compared to USD 662,046 a year ago. Net loss was USD 1.992 million compared to USD 4.539 million a year ago. Basic loss per share was USD 0.01811 compared to USD 0.00072 a year ago.

Latest news about Parazero Limited

Delta Drone South Africa completed the acquisition of Parazero Limited in a reverse merger transaction.	22/20/22	CI
Parazero Limited Approves Appointment of Christopher Clark as Director	03/20/03	CI
Parazero Limited Announces Executive Changes	20/20/20	CI
Parazero Limited announced that it has received AUD 0.5 million in funding from Delta Drone SA	28/20/28	CI
Parazero Limited Reports Earnings Results for the Half Year Ended June 30, 2020	27/20/27	CI
Parazero Limited announced that it expects to receive AUD 0.5 million in funding from Delta Drone SA	20/20/20	CI
35,300,063 Ordinary Shares of Parazero Limited are subject to a Lock-Up Agreement Ending on 18-JUN-2020.	18/20/18	CI
12,419,069 Options of Parazero Limited are subject to a Lock-Up Agreement Ending on 18-JUN-2020.	18/20/18	CI
55,000,000 Performance Options of Parazero Limited are subject to a Lock-Up Agreement Ending on 17-JUN-2020.	17/20/17	CI
Parazero Limited Announces Changes in Registered Office and Principal Place of Business	23/20/23	CI
Parazero Limited announced that it expects to receive AUD 0.1445 million in funding	13/20/13	CI
Parazero Limited announced that it expects to receive AUD 0.17 million in funding	18/20/18	CI
Delta Drone South Africa entered into a share sale agreement to acquire Parazero Limited in a reverse merger transaction for AUD 8.9 million.	12/20/12	CI
Parazero Limited Reports Earnings Results for the Full Year Ended December 31, 2019	28/20/28	CI
Parazero Limited announced that it expects to receive AUD 0.175 million in funding	03/20/03	CI
ParaZero and SKYWATCH.AI Drone Insurance Launches Partnership	06/19/06	CI
Parazero Limited announced that it has received AUD 0.6132 million in funding	05/19/05	CI
Parazero Limited announced that it expects to receive AUD 0.6424 million in funding	24/19/24	CI
ParaZero Limited Receives Purchase Orders of $235,000	23/19/23	CI
ParaZero Limited Announces the Resignation of Charis Law as Director	02/19/02	CI
Parazero Limited Reports Earnings Results for the Half Year Ended June 30, 2019	28/19/28	CI
ParaZero Limited Announces the North Dakota Department of Transportation Secures FAA Waiver for Operations	26/19/26	CI
Parazero Limited announced that it has received AUD 1.543439 million in funding	24/19/24	CI
345,613 Ordinary Shares of Parazero Limited are subject to a Lock-Up Agreement Ending on 13-JUN-2019.	13/19/13	CI
ParaZero Launches ASTM Compliant SafeAir Mavic Following Compliance Testing and Validation by Northern Plains UAS Test Site	06/19/06	CI

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Company Profile

Parazero Limited is an Australia-based manufacturer of drone safety solutions. The Company designs and develops, ParaZero SafeAir, a drone safety solution for commercial drones. ParaZero SafeAir is a safety box that independently monitors the fight operation of unmanned drones. It triggers a patented ballistic parachute to provide a controlled descent rate, warns bystanders underneath and communicates with the unmanned traffic system. The Company's drone safety products include SafeAir 5, SafeAir 10, SafeAir 30, SafeAir M-200, SafeAir M-600, and SafeAir 350. The Company's SafeAir system monitors the flight operation of the drone with the SmartAir control system, which in case of drone failure in flight, triggers a patented ballistic parachute to provide a controlled descent rate and warns bystanders through an alarm system. The SmartAir system records flight data for statistical analysis and black box reporting.

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