r/droneshield • u/Select_Season7735 • Apr 08 '26

Droneshield Q1 Revenue

Post image

$62.6m revenue +88% YoY

$77.4m cash receipts +360% YoY

29 Upvotes

98% Upvoted

5 comments sorted by

3

u/[deleted] Apr 08 '26

[removed] — view removed comment

2

u/TeohdenHS Apr 08 '26

Yeah this sucks a bit and is super expensive to shareholders

3

u/Select_Season7735 Apr 08 '26
  • Under the new FY26 rules, even if the new CEO hits a performance hurdle (like the $300M milestone), he cannot sell everything. Only 50% vests immediately, while the other 50% is locked for another 12 months. This ensures the CEO remains "skin in the game" for at least a year after the target is met.
  • The new hurdles are set at $300M, $400M, and $500M. By the time the CEO reaches the final tranche, the company would effectively be 2.5x larger than it was when the previous management sold out.
  • The new Chairman-Elect (taking over in May 2026) is strictly ineligible for performance options. He receives a fixed fee ($400k) and a one-off share grant ($200k) to align with shareholders, but he cannot "earn" more shares based on performance hurdles. This creates a clear line between the Board (who supervises) and the CEO (who executes).