Slide 1: Investors Presentation FY 2024
Investors Presentation FY 2024
Slide 2: European Professional Micro-UAV Leader
EUROPEAN PROFESSIONAL MICRO-UAV LEADER PARROT GROUP Photogrammetry software for Professional UAVs €78m 3D modeling and mapping 2024 revenue: +20% €48 million +45% 2024 revenue: 2024 62% of the Group revenues €30 million -6% Revenue 38% of the Group revenues vs 2023 Created in 1994 by Henri Seydoux,
Slide 3: Parrot today
Parrot today 3 Micro-UAV systems +60 partners 9 BtoB software solutions 1 open source SDK PROVIDING RECOGNITION AND SURVEILLANCE THROUGH HIGH-PRECISION IMAGING FOR DEFENSE AND SECURITY INSTITUTIONS, PROFESSIONALS, AND LARGE GROUPS Investors Presentation – FY 2024 in 2025 3
Slide 4: Offer & Business Strategy
®) OFFER & > BUSINESS Parrot
Slide 5: 3 Micro-UAV Systems for Professionals and Institutions
3 MICRO-UAV ¬ 3 versions: classic, gov, mil ¬ 32X zoom camera & thermal camera ¬ Deployable in 55 seconds. SYSTEMS ¬ 32 minutes of flight time and 4 km range (+ unrestricted version for the military) FOR ANAFI USA (range), starting at €7,000 PROFESSIONALS ANAFI Ai, starting at €4,000 AND ¬ 48MP came
Slide 6: ANAFI UKR Range: Tactical AI-Based Autonomy for Modern Warfare
A sovereign ANAFI UKR RANGE: TACTICAL IA- micro-UAV BASED AUTONOMY FOR MODERN platform, WARFARE designed for defense, Combat-proven design, developed with operational feedback from high-threat homeland environments security and Full autonomy in GNSS-denied and jammed zones, thanks to embedded AI and
Slide 7: CHUCK 3.0: The Sovereign AI Autopilot Platform
CHUCK 3.0: THE SOVEREIGN AI AUTOPILOT PLATFORM All-in-one module: AI flight core, jam-resistant multi-band radio, day/night CHUCK 3.0 gimbal positions Multiple OEMs worldwide still lack a certified, non-Chinese autopilot Parrot at the < 4-month plug-in integration vs 2–3 years in-house development 1
Slide 8: Geospatial Data Analysis
9 Mapping & 3D modeling GEOSPATIAL DATA PIX4Dmatic PIX4Dmapper ANALYSIS PIX4Dfields SOFTWARE PIX4Dreact + COMPLEMENTARY EQUIPMENT PIX4Dengine Capture applications & devices PIX4Dcapture Pro Cloud Solutions PIX4Dcatch PIX4Dcloud RTK (précision GPS) +55,000 PIX4Dsurvey Investors Presentation – FY 2024
Slide 9: For Multiple Industries Addressed
FOR MULTIPLES INDUSTIES ADDRESSED MAPPING/ CONSTRUCTION SURVEYING Digitization, measurement, survey, GIS Site monitoring, material stock analysis, measurement INSPECTION DEFENSE & PUBLIC SAFETY Infrastructure & Facility Management Monitoring, study, recognition PRECISION ENVIRONMENT/ AGRICULTURE HUM
Slide 10: Large Application & Equipment Ecosystem
LARGE APPLICATION & KEY ADVANTAGES EQUIPMENT ECOSYSTEM +60 technological & commercial partners facilitating integration through data compatibility and Extensive business- mission management integration capability Advanced mission planning • Drone fleet management • Control tools • Visual Parrot SDK:
Slide 11: Security by Design
KEY ADVANTAGES SECURITY BY DESIGN Secure Elements integration: protection of the UAV's digital identity, preventing firmware or data corruption and ensuring a secure connection between the controller and the UAV (technological partnership with Wisekey) High level of data encryption: algorythm AES-XT
Slide 12: Parrot's Strategic Rollout in Defense & Public Safety
PARROT'S STRATEGIC ROLLOUT IN DEFENSE & PUBLIC SAFETY 2017-18 2019 2020 2021 2022-23 2024-25 Focusing R&D on the Responses to national and Parrot selected by Parrot wins the DGA Ramp-up of sales to the Renewal or new sales to needs of Defense and international calls for Armasuisse (micro-UAV (French
Slide 13: Financials 2024
2024 FINANCIALS Parrot
Slide 14: Key Events in FY 2024
KEY EVENT IN FY 2024 Accelarated growth fueled by geopolitical shifts and Strategic realignment and CONTEXT technological innovation leadership evolution RESPONSE PRESERVING INNOVATION CAPABILITY WHILE ENHANCING OPERATIONAL AGILITY MICRO-UAVS PHOTOGRAMMETRY STRATEGY Strategic review of the Investing
Slide 15: Revenues: +20%
REVENUES: +20% In million of euros 2023 2024 YoY Change H1 2024 H2 2024 HoH Change (IFRS, audited) Micro-UAVs 33.3 48.1 +45% 15.1 33.0 +119% Photogrammetry 31.8 30.0 -7% 15.5 14.4 -3% Other(1) -0.1 0.0 NS 0.0 0.0 NS Total 65.0 78.1 +20% 30.6 47.5 +55% Investors Presentation – FY 2024 in 2025 (1) Par
Slide 16: Consolidated P&L Summary
CONSOLIDATED P&L SUMMARY In million of euros H1 2023 H2 2023 FY 2023 H1 2024 H2 2024 FY 2024 (IFRS, audited) Product mix: Revenue 31.6 33.4 65.0 30.6 47.5 78.1 1 > new product launch (GM COGS -7.4 -10.6 -18.0 -5.3 -14.9 -20.2 improves over time) > decreasing contribution Gross margin 24.1 22.8 47.0
Slide 17: Focus on Earnings
FOCUS ON EARNINGS By operational activities Revenue EBIT (IFRS8), in million of euros 2023 2024 Change in €m 2023 2024 Change in €m Micro-UAVs 33.3 48.1 +14.8 -17.4 -2.3 -15.1 Photogrammetry 31.8 30.0 -1.8 -6.4 -2.9 -3.5 Other NS NS NS -3.5 -2.7 -0.8 Consolidated P&L, in million of euros FY 2023 FY
Slide 18: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET ASSETS – IFRS, in €m Dec 31, 2023 Dec. 31, 2024 SHAREHOLDERS EQUITY & LIABILITIES – IFRS, in €m Dec 31, 2023 Dec. 31, 2024 Non current assets 20.6 22.2 Shareholders’ equity 55.2 49.7 Goodwill 0.0 4.6 Share capital 4.7 4.7 Other intangible assets 0.1 0.4 Additional paid-in
Slide 19: Consolidated Cash Flow Statement
CONSOLIDATED IFRS, in €m Dec. 31, 2023 Dec. 31, 2024 CASH FLOW OPERATING CASH FLOW (A) Earnings for the period -33.0 -9.4 STATEMENT Share in income from associates 0.5 -0.7 Depreciation and amortization 4.4 1.9 Capital gains and losses on disposals -3.3 0,9 Capital gain related to the revaluation of
Slide 20: Parrot Group Ownership & Legal Structure
PARROT GROUP OWNERSHIP & LEGAL STRUCTURE Ownership Simplified legal structure PARROT SA (holding) Public 100% Parrot Drones S.A.S (France) 22.6% 100% Parrot Korea (South Korea) 100% Parrot Inc. (USA) 95% BPIfrance Horizon Pix4D (Switzerland+USA+ESpain+Germany+Roumania+Japan) (french IB) (1) (Henri S
Slide 21: Outlook 2025
2025 OUTLOOK Parrot
Slide 22: 2025 Guidance
2025 GUIDANCE Sales growth and continued profitability trajectory MICRO-UAVs > Growth with new ANAFI UKR & CHUCK 3.0 PHOTOGRAMMETRY > Continued ramp-up of the new generation of solutions and direct sales > Deploying new optional equipments to go beyond UAVs KEY GROWTH FACTORS Investors Presentation
Slide 23: Thank You for Your Attention
THANK YOU FOR YOUR ATTENTION 174 quai Jemmapes 75010 Paris INVESTORS & ANALYSTS contacts: marie.calleux@parrot.com www.parrot.com www.pix4d.com