DroneShield Ltd (ASX: DRO) shares have been a popular option for investors in recent times.
But were the counter drone technology company's shares a good pick for the last financial year?
Let's see how they performed during the 12 months.
How did DroneShield shares perform in FY 2025?
It is fair to say that the company's shares were on a wild ride during the last financial year.
After ending the previous financial year at $1.72, the DroneShield share price was up as high as $2.72 at one stage.
However, those gains didn't last. A surprisingly softer than expected update panicked investors and led to many locking in their gains and heading to the exits.
The selling was so severe that at one point DroneShield shares were down as low as 59 cents. From top to bottom, this represents a whopping 78% decline.
But those that sold out on the way down were likely left to rue their decision, with the company's shares staging a remarkable recovery after a series of even more remarkable updates.
DroneShield impresses
Since the turn of the calendar year, DroneShield has been kicking goals with contract win after contract win.
For example, for the three months ended 31 March, DroneShield reported first-quarter revenue of $33.5 million. This was up 102% on the prior corresponding period.
It also revealed that it had $94.4 million of revenue either received or locked in via purchase orders for 2025. That was comfortably ahead of the $57.5 million achieved in all of FY 2024 in less than four months.
DroneShield then built on this in the following months, culminating in a recent announcement which revealed that its year to date secured revenues stood at $161 million at 25 June. This is almost triple 2024's revenue with half the year still to come.
Where did its shares end?
Unsurprisingly, the above news has put a rocket under DroneShield shares since the start of the year.
As a result, they ended the FY 2025 financial year at $2.28. This represents a return of approximately 33% for investors over the 12 months.
Though, anyone lucky enough to have bought shares when they bottomed at 59 cents in February would have generated a return of almost 300%.
And with defence spending around the world expected to rise materially as nations pledge to increase their budgets, the gains may not be over for this high-flyer.
