DroneShield Limited (DROSY) Q2 2026 Earnings Call Transcript

SA Transcripts 162.03K Followers Follow DroneShield Limited ( DROSY ) Q2 2026 Earnings Call August 26, 2026 7:00 PM EDT Company Participants Angus Bean - MD, CEO & Director Joshua Bolot - Director of Investor Relations & Strategy Presentation Angus Bean MD, CEO & Director Good morning, everyone, and welcome to DroneShield's First Half 2026 Results Call. My name is Angus Bean, the CEO of DroneShield. This morning, I have with me Josh Bolot, which is -- who is our Director of Investor Relations and Strategy. It's an absolute pleasure to be speaking with you this morning. I'm really excited to present our first half results. There's plenty to talk about it. So let's just jump in. We're going to cover an overview of the first half, the highlights. We're going to speak a lot about the growth platform that we are building and provide some sentiment outlook information for our investor community. We will also conduct a Q&A at the end of this presentation. So the first half has been an incredibly transformative time for the business. We have both simultaneously improved our governance systems, uplifted the organization, invested in ERP systems and provided a phenomenal new production facility for our expanded growth. Meanwhile, we've also achieved record revenues. And so simultaneously, the continued growth of the business in all aspects has been very strong. A number of our core objectives, both the overall revenue growth, but also the recurring nature of that revenue growth has increased substantially. We are now sitting at 9.2% recurring revenue for the first half, and that's almost 3x where we were last year. Again, it's important to understand that for every device that we sell, there is a hardware cost. But as that builds up, the software is of a recurring nature. And for that recurring revenue number we will continue to build as we have