SIGNIFICANT NEWS Even with the pandemic affecting the company, as 55% of the revenues comes outside France, the company showed solid growth in both built-in drones and third-party drones. The margin has also improved significantly, nearly reaching an all-time high thanks to its licensing agreement with Aquiline Drones. FACT The Q1 revenues have augmented by 43% yoy with a gross margin close to an all-time high at 39%. This rise in margins has pushed gross profit to 696,000, nearly twice as much as in Q1 20. Revenues are split into 40% of own built-in drones and associated services and the remaining 60% comes from partnership brands. The latter amounted for the first time to over a million euros.