(SPAI) Safe Pro - Overview
Stock: Explosive Disposal, Ballistic Armor, Drone Services, AI Analytics
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 175% |
| Relative Tail Risk | -27.9% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.93 |
| Alpha | 59.06 |
| Character TTM | |
|---|---|
| Beta | 1.424 |
| Beta Downside | 1.134 |
| Drawdowns 3y | |
|---|---|
| Max DD | 66.27% |
| CAGR/Max DD | 0.03 |
Description: SPAI Safe Pro December 22, 2025
Safe Pro Group Inc. (NASDAQ: SPAI) develops and sells a portfolio of security-focused products and services, ranging from explosive-ordnance disposal kits and ballistic protection gear to drone-based inspection platforms for radio towers, power grids, and other critical infrastructure. Its offerings extend to AI-driven image analysis, cloud-based data processing, and “drone-as-responder” solutions that support public-safety agencies, utilities, telecom operators, and municipal governments. The firm, incorporated in 2021 and headquartered in Aventura, Florida, rebranded from Cybernate Corp. in July 2022.
Key industry drivers that could affect SPAI’s growth include: (1) U.S. federal defense and homeland-security budgets, which rose 5.3% YoY in FY 2024, boosting demand for explosive-ordnance and ballistic products; (2) the commercial drone market, projected to expand at a 15% CAGR through 2028, creating tailwinds for aerial inspection and AI-analytics services; and (3) the ongoing U.S. infrastructure renewal program, with the Inflation Reduction Act allocating $550 billion for grid modernization-potentially enlarging the addressable market for SPAI’s drone-inspection and thermal-sensor capabilities.
For a data-driven deep dive into SPAI’s financials and valuation metrics, consider reviewing its profile on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 1.0
| Net Income: -12.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.51 > 0.02 and ΔFCF/TA 14.03 > 1.0 |
| NWC/Revenue: 577.4% < 20% (prev 147.6%; Δ 429.8% < -1%) |
| CFO/TA -0.47 > 3% & CFO -4.58m > Net Income -12.3m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 7.60 > 1.5 & < 3 |
| Outstanding Shares: last quarter (17.1m) vs 12m ago 58.53% < -2% |
| Gross Margin: 46.62% > 18% (prev 0.34%; Δ 4628 % > 0.5%) |
| Asset Turnover: 16.70% > 50% (prev 28.47%; Δ -11.77% > 0%) |
| Interest Coverage Ratio: -1212 > 6 (EBITDA TTM -11.9m / Interest Expense TTM 10.2k) |
Altman Z'' -15.00
| A: 0.75 (Total Current Assets 8.42m - Total Current Liabilities 1.11m) / Total Assets 9.70m |
| B: -2.59 (Retained Earnings -25.1m / Total Assets 9.70m) |
| C: -1.62 (EBIT TTM -12.3m / Avg Total Assets 7.59m) |
| D: -20.01 (Book Value of Equity -25.1m / Total Liabilities 1.26m) |
| Altman-Z'' Score: -35.42 = D |
Beneish M -4.00
| DSRI: 0.22 (Receivables 40.4k/221.5k, Revenue 1.27m/1.56m) |
| GMI: 0.72 (GM 46.62% / 33.61%) |
| AQI: 0.31 (AQ_t 0.09 / AQ_t-1 0.31) |
| SGI: 0.81 (Revenue 1.27m / 1.56m) |
| TATA: -0.79 (NI -12.3m - CFO -4.58m) / TA 9.70m) |
| Beneish M-Score: -5.28 (Cap -4..+1) = AAA |
What is the price of SPAI shares?
Over the past week, the price has changed by -5.98%, over one month by -5.58%, over three months by -15.87% and over the past year by +57.71%.
Is SPAI a buy, sell or hold?
What are the forecasts/targets for the SPAI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 12.5 | 184.1% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 4.8 | 8.2% |
SPAI Fundamental Data Overview February 04, 2026
P/B = 11.6803
Revenue TTM = 1.27m USD
EBIT TTM = -12.3m USD
EBITDA TTM = -11.9m USD
Long Term Debt = 146.0k USD (from longTermDebt, last quarter)
Short Term Debt = 506.1k USD (from shortTermDebt, last quarter)
Debt = 653.9k USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -6.94m USD (from netDebt column, last quarter)
Enterprise Value = 82.0m USD (88.9m + Debt 653.9k - CCE 7.60m)
Interest Coverage Ratio = -1212 (Ebit TTM -12.3m / Interest Expense TTM 10.2k)
EV/FCF = -16.68x (Enterprise Value 82.0m / FCF TTM -4.92m)
FCF Yield = -6.00% (FCF TTM -4.92m / Enterprise Value 82.0m)
FCF Margin = -388.1% (FCF TTM -4.92m / Revenue TTM 1.27m)
Net Margin = -968.9% (Net Income TTM -12.3m / Revenue TTM 1.27m)
Gross Margin = 46.62% ((Revenue TTM 1.27m - Cost of Revenue TTM 676.2k) / Revenue TTM)
Gross Margin QoQ = 33.12% (prev 34.02%)
Tobins Q-Ratio = 8.46 (Enterprise Value 82.0m / Total Assets 9.70m)
Interest Expense / Debt = 0.50% (Interest Expense 3253 / Debt 653.9k)
Taxrate = 21.0% (US default 21%)
NOPAT = -9.72m (EBIT -12.3m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 7.60 (Total Current Assets 8.42m / Total Current Liabilities 1.11m)
Debt / Equity = 0.08 (Debt 653.9k / totalStockholderEquity, last quarter 8.44m)
Debt / EBITDA = 0.58 (negative EBITDA) (Net Debt -6.94m / EBITDA -11.9m)
Debt / FCF = 1.41 (negative FCF - burning cash) (Net Debt -6.94m / FCF TTM -4.92m)
Total Stockholder Equity = 4.38m (last 4 quarters mean from totalStockholderEquity)
RoA = -161.8% (out of range, set to none)
RoE = -280.2% (Net Income TTM -12.3m / Total Stockholder Equity 4.38m)
RoCE = -271.8% (out of range, set to none) (EBIT -12.3m / Capital Employed (Equity 4.38m + L.T.Debt 146.0k))
RoIC = -214.8% (out of range, set to none) (NOPAT -9.72m / Invested Capital 4.53m)
WACC = 11.08% (E(88.9m)/V(89.6m) * Re(11.16%) + D(653.9k)/V(89.6m) * Rd(0.50%) * (1-Tc(0.21)))
Discount Rate = 11.16% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 11.76%
Fair Price DCF = unknown (Cash Flow -4.92m)
EPS Correlation: 41.28 | EPS CAGR: 377.4% | SUE: N/A | # QB: 0
Revenue Correlation: -17.75 | Revenue CAGR: -40.63% | SUE: N/A | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.10 | Chg30d=+0.000 | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=-0.26 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+68.1% | Growth Revenue=+281.4%