Tonner Drones publishes its half year Results 2025

Core Insights - Tonner Drones reported a decrease in revenue by 28% in the first half of 2025, but managed to reduce expenses by 68%, leading to a significant improvement in financial results by 106% to a positive €78,000 [3][4][6] - Despite a negative net income of €141,000, the company showed a 97% improvement compared to the previous year [3][4][6] - Cash and cash equivalents increased by 221%, reaching €1.4 million, indicating improved liquidity [3][4][6] Financial Performance - Revenue for H1 2025 was €67,000, down from €93,000 in H1 2024, marking a 28% decline [4] - Operating expenses were reduced to €375,000 from €1,161,000, a decrease of 68% [4] - The financial result improved to €78,000 from a loss of €1,195,000, reflecting a 106% increase [4] - Net result improved to a loss of €141,000 from a loss of €4,347,000, a 97% improvement [4] - Cash and cash equivalents rose to €1.458 million from €457,000, a 221% increase [4] Rights Issue - The company announced a rights issue of approximately €1 million to strengthen financial health and support future growth [7] - Shareholders will have the opportunity to trade rights and subscribe to new shares and attached warrants starting September 23, 2025 [7] Strategic Outlook - The CEO expressed optimism about the company's future, highlighting improvements in financial health and shareholder engagement [6] - The company aims to increase the value of its stakes in French drone manufacturers through active asset management and does not plan to own a factory [9]