olivLaw · US equity research
ParaZero Technologies Ltd. PRZO
Aircraft Parts & Auxiliary Equipment, NEC · SIC 3728 · Vertical: Aircraft Parts & Auxiliary Equipment, NEC (SIC 3728)
ParaZero Technologies is an Israel-based aerospace and defense company that develops safety systems for drones and counter-drone solutions. It is still in an early commercialization stage with very limited revenue and continuing net losses, but it has moved into defense markets as demand for anti-drone solutions grows rapidly.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, ParaZero Technologies Ltd. (PRZO) stock was 0.50 USD (+0.00% on the day), with market capitalisation 9.8 m USD, P/E 1.6 on diluted EPS of 0.31 USD over the last 12 months, beta 1.43, 52-week range 0.40–1.50 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 39.2
- weak (30–45)
- Bollinger (20, 2)
- 0.43 – 0.62
- in the lower half of the band · %B 0.35 · band width 35.2%
- SMA 50 / 200
- 0.64 / 0.74
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -0.04 / -0.04
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −19.7% | −1.1% | −18.6 pp | — |
| 3 months | −9.9% | −0.5% | −9.5 pp | — |
| 6 months | −27.5% | +4.4% | −31.9 pp | — |
| Year to date | −38.7% | +12.3% | −51.0 pp | — |
| 1 year | −61.8% | +13.5% | −75.4 pp | +14.7% |
| 3 years | −67.1% | +76.4% | −143.5 pp | +83.9% |
| 5 years | unavailable | +63.7% | unavailable | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 33 percentile of its own 3-quarter history (min 0.9, median 2.1, max 2.6; quarters with earnings only).
Fiscal years
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 724.4 k | 560.1 k | 620.5 k | 932.2 k | 1.0 m |
| Revenue YoY | unavailable | −22.7% | +10.8% | +50.2% | +12.3% |
| Net income | -615.4 k | -1.7 m | -3.8 m | -11.1 m | -5.4 m |
| Net income YoY | unavailable | unavailable | unavailable | unavailable | unavailable |
| Diluted EPS | 1.71 | 0.49 | 0.77 | 0.99 | 0.31 |
| Diluted EPS YoY | unavailable | −71.3% | +57.1% | +28.6% | −68.7% |
| net % | -85.0% | -295.1% | -607.8% | -1,185.9% | -517.1% |
| Free cash flow | -991.5 k | -2.0 m | -3.0 m | -5.0 m | -5.8 m |
Reported results vs expectations
Loading…
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 2.2 m USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 3.2 m USD
- Total assets
- 5.3 m USD
- Debt / equity
- unavailable
- Current ratio
- 3.64x
- ROE
- unavailable
- ROA
- -98.0%
- FCF margin
- -557.2%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|
| Revenue | 724.4 k | 560.1 k | 620.5 k | 932.2 k | 1.0 m | SEC (XBRL)· 26 Mar 2026verified |
| Cost of revenue | 464.7 k | 337.6 k | 476.6 k | 873.9 k | 996.7 k | SEC (XBRL)· 26 Mar 2026verified |
| Gross profit | 259.7 k | 222.6 k | 143.9 k | 58.3 k | 50.0 k | SEC (XBRL)· 26 Mar 2026verified |
| Research & development | 603.7 k | 640.3 k | 636.8 k | 2.1 m | 2.3 m | SEC (XBRL)· 26 Mar 2026verified |
| Operating income | -987.4 k | -1.8 m | -2.8 m | -5.6 m | -7.5 m | SEC (XBRL)· 26 Mar 2026verified |
| Interest expense | — | 17.4 k | 152.7 k | — | — | SEC (XBRL)· 21 Mar 2024verified |
| Net income | -615.4 k | -1.7 m | -3.8 m | -11.1 m | -5.4 m | SEC (XBRL)· 26 Mar 2026verified |
| Diluted EPS | 1.71 | 0.49 | 0.77 | 0.99 | 0.31 | SEC (XBRL)· 26 Mar 2026verified |
| Weighted average diluted shares | 359.7 k | 3.3 m | 4.9 m | 11.1 m | 17.5 m | SEC (XBRL)· 26 Mar 2026verified |
Balance sheet · USD
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|
| Cash | 33.0 k | 89.8 k | 7.4 m | 4.2 m | 2.2 m | SEC (XBRL)· 26 Mar 2026verified |
| Receivables | — | 184.1 k | 22.4 k | — | — | SEC (XBRL)· 21 Mar 2024verified |
| Inventories | — | 304.8 k | 264.5 k | 394.2 k | 204.5 k | SEC (XBRL)· 26 Mar 2026verified |
| Current assets | — | 1.0 m | 8.4 m | 5.1 m | 4.8 m | SEC (XBRL)· 26 Mar 2026verified |
| Property, plant & equipment, net | — | 41.3 k | 50.0 k | 107.9 k | 106.2 k | SEC (XBRL)· 26 Mar 2026verified |
| Total assets | — | 1.1 m | 8.4 m | 5.7 m | 5.3 m | SEC (XBRL)· 26 Mar 2026verified |
| Accounts payable | — | — | 0 | 0 | 0 | SEC (XBRL)· 26 Mar 2026verified |
| Current liabilities | — | 2.4 m | 755.1 k | 1.3 m | 1.3 m | SEC (XBRL)· 26 Mar 2026verified |
| Equity | -6.6 m † | -1.6 m † | 6.1 m † | -311.6 k † | 3.2 m † | SEC (XBRL)· 26 Mar 2026verified |
| Shares outstanding at year end | — | — | 10.1 m | 12.8 m | 19.7 m | SEC (XBRL)· 26 Mar 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|
| Operating cash flow | -985.9 k | -2.0 m | -2.9 m | -4.9 m | -5.8 m | SEC (XBRL)· 26 Mar 2026verified |
| Capex | 5.6 k | 9.7 k | 25.8 k | 80.7 k | 27.8 k | SEC (XBRL)· 26 Mar 2026verified |
| Free cash flow | -991.5 k ≈ | -2.0 m ≈ | -3.0 m ≈ | -5.0 m ≈ | -5.8 m ≈ | SEC (XBRL)· 26 Mar 2026derived |
| Investing cash flow | -5.6 k | -9.7 k | -25.8 k | -148.7 k | -2.0 m | SEC (XBRL)· 26 Mar 2026verified |
| Financing cash flow | 910.6 k | 2.0 m | 10.3 m | 1.8 m | 5.8 m | SEC (XBRL)· 26 Mar 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
Risk
Valuation
olivLaw classification
- score weight coverage: 45.8% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 9.8 m USD
Key indicators
Coverage and freshness
Score by group
46% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 5.28 – 10.57 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · the reported interest expense is far older than the latest period (the filer changed its XBRL tag): a stale figure is not used
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/E5.28 – 10.57 (Mid 9.43)5 companies used · median multiple 30.4x · quartiles 17.0x – 34.1xATRO, CVU, LOAR, PKE, TDG
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: score weight coverage: 45.8% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | -517.1% | 0 (vs peers) | 14% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | 23.2% | 100 (on a fixed band) | 18% |
| EPS CAGR 3Y · Growth | -14.2% | 0 (on a fixed band) | 18% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 3.6x | 100 (on a fixed band) | 9% |
| P/E (TTM) · Valuation | 1.6x | 86 (vs peers) | 23% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | -59.3% | 0 (on a fixed band) | 18% |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial100/100 · 1/3 factors with a value
- Growth50/100 · 2/2 factors with a value
- Quality· partial0/100 · 1/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation48/100 · 2/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
ParaZero Technologies Ltd. (PRZO). Latest full fiscal year: 2025; data up to 2025-12-31.
Figures computed from the financial statements: revenue 1.0 m USD in 2025; YoY growth 12.3%; net margin -517.1%; ROE -380.5%.
The estimated value range is 5.28–10.57 USD per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 9.43 USD, the price of 0.50 USD leaves a potential of 1,785.6% (value / price − 1) and a margin of safety of 94.7% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (score weight coverage: 45.8% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Revenue CAGR 3Y: 23.2%
- Current ratio: 3.6x
- P/E (TTM): 1.6x
- The price is below the estimated value range
What contradicts it
- Net margin: -517.1%
- EPS CAGR 3Y: -14.2%
- FCF yield: -59.3%
Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, Net debt / EBITDA, Interest coverage, EV/EBITDA, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Aircraft Parts & Auxiliary Equipment, NEC (SIC 3728) · same industry (4-digit SIC) · compared with 10 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| TDGTransDigm Group Incorporated | 67.3 bn | 34.1 | — | 21.3% | +11.2% | −11% / +26% |
| ESLTElbit Systems Ltd | 32.7 bn | 61.8 | 14.4% | 6.7% | +16.3% | +50% / +248% |
| LOARLoar Holdings Inc. | 6.5 bn | 0.5 | 5.8% | 11.6% | +23.2% | +2% / unavailable |
| KRMNKarman Holdings Inc. | 4.5 bn | 118.5 | 9.5% | 6.3% | +36.6% | −49% / unavailable |
| DCODucommun Incorporated | 2.4 bn | — | -3.0% | -2.4% | +4.9% | +70% / +210% |
| ATROAstronics Corporation | 1.9 bn | 30.4 | 33.7% | 8.4% | +8.4% | +32% / +385% |
| PKEPark Aerospace Corp. | 544.8 m | 34.4 | 11.1% | 18.4% | +18.2% | +28% / +64% |
| CVUCpi Aerostructures, Inc. | 64.0 m | 17.0 | 14.4% | 5.1% | −14.6% | +72% / +104% |
| AIRIAir Industries Group | 12.5 m | — | -10.6% | -3.8% | −13.0% | −14% / −11% |
| PRZOParaZero Technologies Ltd. | 9.8 m | 1.6 | -380.5% | -517.1% | +12.3% | −62% / −67% |
| EHEHang Holdings Limited | — | — | -27.8% | -66.0% | −4.4% | −71% / −77% |
1- and 3-year price returns: for PRZO from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 3 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 5 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 26 Mar 2026; since then the company filed 6-K (02 Nov 2026), 6-K (26 Oct 2026), 6-K (08 Oct 2026), 6-K (06 Oct 2026), 6-K (15 Sept 2026), 6-K (09 Sept 2026).
In brief
ParaZero Technologies is an Israel-based aerospace and defense company that develops safety systems for drones and counter-drone solutions. It is still in an early commercialization stage with very limited revenue 1 and continuing net losses, but it has moved into defense markets as demand for anti-drone solutions grows rapidly 1.
SWOT
Strengths
- A patent-protected technology portfolio developed over more than a decade, with experience in safety-critical aerospace systems 1.
- Solutions oriented to regulatory requirements for ground risk mitigation by aviation authorities 1.
- A multi-tier sales model with direct access to OEMs and early integration into their designs 1.
Weaknesses
- Very limited revenue compared with operating costs, which keeps the company dependent on repeated financing 1.
- Substantial net and accumulated losses, with no clear path to profitability in the annual report 1.
- Reliance on operations and development in Israel, where political and military instability could affect activity 1.
Opportunities
- Growing demand for counter-drone solutions in defense and homeland security could open new contracts 1.
- Expanding regulation for advanced drone operations could increase the need for safety systems such as SafeAir 1.
- Developing solutions for critical infrastructure and public venues could broaden the customer base 1.
Risks
- Need for additional fundinghigh
The company expects to need substantial additional capital before becoming profitable, and financing may not be available on acceptable terms 1.
- Continuing operating losseshigh
The company is at an early commercialization stage and expects significant losses until its products are successfully commercialized 1.
- Dependence on Israeli geopolitical and military conditionsmedium
Headquarters, research and development are located in Israel, so results could be affected by political, economic or military instability in the region 1.
- Export controls and government approvalsmedium
Failure to obtain approvals from the Israeli Defense Export Control Agency could limit the expansion of sales 1.
- Shareholder dilutionmedium
Additional share issuances or convertible instruments could reduce existing shareholders' stakes and weigh on the share price 1.
Investment thesis
What would need to be true (bull case)
- If demand for counter-drone solutions keeps growing, the company could benefit from defense and security contracts, which already drove recent sales growth 1.
- Its patented safety technology could become a requirement for advanced commercial operations if regulation keeps tightening 1.
- Early integration into OEM designs could create durable commercial relationships 1.
What would break the thesis
- Revenue remains very small relative to expenses, and the company could keep depending on repeated financing without a clear route to profitability 1.
- Long defense procurement cycles could delay revenue and complicate financial planning 1.
- Competition in counter-drone solutions is intense, and rival products could be better or cheaper 1.
What to watch
- Development of defense sales and new contract awardsQ1 2027
- Levels of research and development and sales and marketing expenses2027
- Export and regulatory approvals for new products2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 26 Mar 2026; since then the company filed 6-K (02 Nov 2026), 6-K (26 Oct 2026), 6-K (08 Oct 2026), 6-K (06 Oct 2026), 6-K (15 Sept 2026), 6-K (09 Sept 2026).
The business
ParaZero Technologies Ltd. is based in Israel, was incorporated in 2013 as ParaZero Ltd., and focuses on safety, protection and mitigation solutions for unmanned aerial systems (UAS) 1. Its main commercial product, SafeAir, is an autonomous safety layer that triggers a controlled descent if a drone suffers a critical failure 1. In recent years the company has expanded into defense and homeland security with DefendAir, a non-explosive, net-based platform for intercepting hostile drones at close range 1. According to the annual report for 2025, sales were 1046664 USD, up 12.3% from the prior year, mainly due to newly developed defense products and original equipment manufacturer integrations 1.
The business model is multi-tiered: some defense and commercial solutions are sold directly to original equipment manufacturers (OEMs), with long sales cycles, while the rest are sold through direct sales, resellers and an online store 1. The company has so far financed itself mainly through equity securities, including several registered direct offerings in 2025 and 2026 1.
The 2025 net loss was 5412163 USD, lower than in 2024, but accumulated losses reached 34889450 USD, and management expects to keep incurring significant losses 1.
Segments
Commercial drone safety (SafeAir)
SafeAir is an autonomous system, independent of the drone's primary flight controls, that monitors flight parameters and starts a controlled descent in emergencies to reduce risk to people and property on the ground 1. It addresses requirements of aviation authorities that demand evidence of ground risk mitigation for flights over people or in controlled airspace 1.
Counter-drone (DefendAir)
DefendAir is a non-explosive, net-based system that entangles a hostile drone and disrupts its propulsion and flight control, aiming for a controlled kinetic response with lower collateral damage 1. The company presents it as a solution for close-range threats, especially in urban and sensitive environments 1.
Market context
According to estimates cited in the annual report, the global UAS market was valued at 41.27 billion USD in 2025 and is projected to reach 160.44 billion USD by 2034 1. The anti-drone market was estimated at 3180.9 million USD in 2025 and could reach 19844.5 million USD by 2033, at a CAGR of 25.2% from 2026 to 2033, according to a third-party source cited by the company 1. These are third-party estimates, not company forecasts.
The markets are described as sensitive to government procurement cycles, regulatory approvals and export licensing, which can delay adoption of the company's solutions 1.
Trends
- Proliferation of low-cost drones and security threatstailwind
Easy access to drones for states, non-state groups and criminals has increased demand for detection and neutralization systems, which could favor counter-drone solutions 1.
- Regulatory requirements for ground risk mitigationtailwind
Aviation authorities in the US and Europe increasingly require evidence of ground risk mitigation for advanced operations, which could support adoption of safety systems such as SafeAir 1.
- Long defense procurement cyclesheadwind
Procurement processes and regulatory requirements can delay deployment, and sales could remain volatile if projects slip 1.
- Rapid technological competitionmixed
The technologies in the company's markets change quickly, and lower-cost or higher-performance competitor solutions could reduce its commercial opportunity 1.
Competitive position
The company operates in a competitive market where counter-drone solutions combine radar, RF and EO/IR sensors with command software, and both electronic and kinetic methods have limits 1. Competitors could offer better performance or lower costs, which could reduce ParaZero's commercial opportunity 1.
Competition spans electronic jamming systems and physical interception with projectiles or missiles, each with advantages and limits in populated areas 1.
- Providers of soft-kill counter-drone systems
Systems based on radio-frequency disruption and GNSS interference, which can be effective against certain drone classes 1.
- Providers of hard-kill interception systems
Solutions using projectiles or missiles that can physically neutralize targets but raise cost and collateral damage concerns 1.
- Radar and detection system manufacturers
Suppliers of sensors and detection systems, often integrated into layered counter-drone architectures 1.
- Command and control software providers for defense
Companies whose software fuses sensor data and enables threat response, an area where ParaZero relies on partners 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- ParaZero Secures First DefendAir Order From U.S. Federal AgencyYahoo Finance — News · 25 Aug 2026 · EN
The latest news item in our archive is from 25 Aug 2026; the newest SEC filing is from 02 Nov 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Current report (foreign issuer)02 Nov 2026
- Current report (foreign issuer)26 Oct 2026
- Current report (foreign issuer)08 Oct 2026
- Current report (foreign issuer)06 Oct 2026
- Current report (foreign issuer)15 Sept 2026
- Current report (foreign issuer)09 Sept 2026
- Current report (foreign issuer)26 Aug 2026
- Current report (foreign issuer)25 Aug 2026
- Current report (foreign issuer)20 Aug 2026
- Current report (foreign issuer)14 Aug 2026
Sources
- [1] Form 20-F, fiscal year ended 2025-12-31 · SEC / ParaZero Technologies Ltd. · 26 Mar 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.