Parrot SA delivered a strong Q4 2024, highlighted by a €47.461 million revenue line, representing a YoY increase of 41.98% and a QoQ surge of 100%, underscoring accelerating demand across its hardware and software platforms. Gross profit stood at €32.567 million for a gross margin of 68.6%, with EBITDA of €6.571 million and operating income of €1.664 million, culminating in net income of €0.825 million and basic EPS of €0.0268. The quarter generated €11.836 million of operating cash flow and €10.63 million of free cash flow, contributing to a net cash position of €24.871 million (cash at period end €33.604 million versus total debt €8.733 million). These results reflect Parrot’s ability to monetize its drone ecosystem while maintaining a disciplined investment stance in R&D and software platforms such as Pix4D. The balance sheet remains liquid with a current ratio of 2.86 and a debt-to-equity ratio of 0.186, aided by a substantial net cash position that provides strategic optionality.