As used in this Form 10-K, the terms “we,” “us,” “our,” and the “Company” refer to DarkPulse, Inc., a Delaware corporation, and its subsidiaries. DarkPulse, Inc. (“DPI” or “Company”) is a technology-security company incorporated in 1989 as Klever Marketing, Inc. (“Klever”). Its wholly owned subsidiary, DarkPulse Technologies Inc. (“DPTI”), originally started as a technology spinout from the University of New Brunswick, Fredericton, Canada. The Company’s security and monitoring systems will initially be delivered in applications for border security, pipelines, the oil and gas industry and mine safety. Current uses of fiber optic distributed sensor technology have been limited to quasi-static, long-term structural health monitoring due to the time required to obtain the data and its poor precision. The Company’s patented BOTDA dark-pulse sensor technology allows for the monitoring of highly dynamic environments due to its greater resolution and accuracy.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 295K | - | - | - | 6.7M | 0 |
| Net Income | -1.8M | -3.9M | -21M | -35M | -4.7M | -276K |
| EPS | $-0.02 | $-0.00 | $-0.00 | $-2.00 | $-0.13 | $0.00 |
| Free Cash Flow | 0 | -1.5M | -5.8M | -24M | -12M | 3K |
| ROIC | -67.6% | -53.2% | -401.9% | -8623.0% | -36.8% | -42.1% |
| Gross Margin | 61.4% | - | - | - | 16.4% | - |
| Debt/Equity | 0.00 | -0.08 | -0.10 | -14.50 | 0.41 | -0.77 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -1.7M | -1.9M | -21M | -35M | -8.8M | -259K |
| Operating Margin | -589.7% | - | - | - | -132.4% | - |
| ROE | 0.0% | - | - | - | -40.6% | - |
| Shares Outstanding | 86M | 63M | 63M | 45M | 37M | 27M |
DarkPulse, Inc. passes 0 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average gross margin is 16.4%.
DarkPulse, Inc. (DPLS) has a 5-year average return on invested capital (ROIC) of -44.0%. This is below average and may indicate limited pricing power.
DarkPulse, Inc. (DPLS) has a market capitalization of $825K. It is classified as a small-cap stock.
DarkPulse, Inc. (DPLS) does not currently pay a regular dividend.
DarkPulse, Inc. (DPLS) operates in the Services-Prepackaged Software industry, within the Technology sector.
DarkPulse, Inc. (DPLS) generated $-2 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
DarkPulse, Inc. (DPLS) has a 5-year average gross margin of 16.4%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 14 years of financial data for DarkPulse, Inc. (DPLS), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
DarkPulse, Inc. (DPLS) has a book value per share of $-0.27, based on its most recent annual SEC filing.