SPAINasdaqServices-Prepackaged SoftwareUS GAAP · USD

Safe Pro Group Inc.

Safe Pro Group Inc. is a U.S.-based safety and security technology company organized around three operating areas: personal protective gear, drone-based remote sensing services, and AI software for imagery processing. The company serves government, enterprise, and non-government customers through a mix of product sales, services, and software subscriptions.

Liikevaihto0,6milj. USD
−72,0 %v/v
Liikevoitto (EBIT)−14,5milj. USD
−103,4 %v/v
EBIT-marginaali−2 397,6%
−2 067,8 %-yks.v/v
Nettotulos−14,3milj. USD
−92,8 %v/v
Vapaa kassavirta−6,3milj. USD
−50,6 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2023–2025

−15−10−505milj. USD2023: 0,92 milj. USD2023: EBIT −6,3 milj. USD20232024: 2,2 milj. USD2024: EBIT −7,2 milj. USD20242025: 0,61 milj. USD2025: EBIT −15 milj. USD20250,61−15
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Personal protective gear35 %

Protective equipment and related safety products sold to customers needing physical protection solutions.

Drone-based remote sensing services30 %

Aerial sensing, inspection, and field-service work delivered through drone operations.

Safe Pro AI software subscriptions20 %

SaaS access to software that processes aerial and ground imagery for security and demining use cases.

Training and inspection services15 %

Customer-specific training and inspection work recognized when services are completed.

Tuotteet

Raportoitu · osuus liikevaihdosta
59,5%40,5%FY2025100 %
  • Products59,5 %
  • Services40,5 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Safe Pro Group sells to a concentrated base of customers that includes utilities, forensic/security users, and humanitarian or aid-related organizations. Its software is aimed at demining, law enforcement, and security applications, while its service and product lines support customers that need field-based safety, inspection, or protective solutions.

Utilities and infrastructure

Buys inspection and field-service work, including customers such as Florida Power & Light, to support asset monitoring and operational safety.

Forensics and security

Buys imagery-processing and investigative services, including JD Advance Forensics, for analysis and security-related workflows.

Humanitarian and aid organizations

Uses Safe Pro AI and related services for demining and humanitarian applications, including Mryia Aid.

Custom product customers

Purchases protective gear and related products, including customers such as Classic Custom and Hialeah Gardens.

Strategia

The company is building a layered platform that combines physical safety products, drone-based sensing, and AI software into one security-oriented offering. Its strategy appears centered on cross-selling capabilities to governments, enterprises, and NGOs that need integrated tools for detection, inspection, and response.

Scale Safe Pro AI subscriptionsKeskipitkä aikaväli

Recurring SaaS usage can broaden the revenue base and improve customer stickiness.

Integrate drone services with softwareKeskipitkä aikaväli

Combining sensing and analytics can create a more complete solution than standalone services.

Win mission-specific customersLyhyt aikaväli

Specialized end markets can support differentiated offerings and higher switching costs.

Maantiede

Q3/2024

Safe Pro Group is headquartered in the United States and appears to conduct most of its business from U.S. customers and operations. The available disclosures do not provide a country-by-country revenue split, but the named customers and operating context indicate a primarily domestic footprint with specialized end-market exposure rather than broad international diversification.

USA99 %
Europe1,3 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

The business is highly exposed to customer concentration, with a small number of customers accounting for most sales and receivables. It also faces execution risk from its mix of product, service, and SaaS models, plus supplier concentration for inventory and seasonal demand in Airborne Response.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Customer concentration1Accounts receivable concentration2Going-concern and funding risk3Supplier concentration4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Customer concentrationVaikutus: KriittinenTodennäköisyys: Korkea

    A few customers drive most sales, so losing one could materially reduce revenue.

    Kohdistuu: Three customers accounted for about 90.2% of Q2 2025 sales.

  2. Accounts receivable concentrationVaikutus: KorkeaTodennäköisyys: Korkea

    A small number of customers represent most receivables, increasing collection risk.

    KohdistuuTwo customers accounted for 98.2% of receivables at June 302025
  3. Going-concern and funding riskVaikutus: KorkeaTodennäköisyys: Korkea

    The company has limited revenue history and ongoing losses, so external financing remains important.

    Kohdistuu: Cash generation and capital needs remain central to operations.

  4. Supplier concentrationVaikutus: KorkeaTodennäköisyys: Matala

    Dependence on a few suppliers can constrain inventory and service delivery.

    Kohdistuu: Four suppliers accounted for 93.8% of inventory purchases in the first half of 2025.

  5. Seasonality and weather dependenceVaikutus: Keskitaso

    Airborne Response demand varies with weather patterns, affecting quarterly comparability.

    Kohdistuu: Management disclosed seasonal sales patterns for Airborne Response.

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition by business line

Different timing rules for products, services, and SaaS affect reported revenue mix and comparability.

Vaikutus: Shipment-based, point-in-time service, and usage-based SaaS recognition

Contract liabilities

Prepaid SaaS or service arrangements can defer revenue until performance obligations are met.

Vaikutus: Affects deferred revenue and near-term revenue timing

Collectability and customer credit risk

Revenue is constrained when payment is not probable, especially with concentrated customers.

Vaikutus: Can delay or reduce recognized revenue

Stock-based compensation

Equity awards and restricted shares increase non-cash expense and can affect earnings quality.

Vaikutus: Raised salary, wages, payroll costs, and professional fees

Seasonality

Weather-driven service demand can create uneven quarterly results.

Vaikutus: Makes interim periods less comparable

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026