# SAFE PRO GROUP INC. (SPAI) · Edgar & Edgarette company card

> Safe Pro Group (SPAI) saw revenue fall 72.0% in FY2025 to $1 million, operating margin -2398% against a 0.9% median for prepackaged software, equity 92.7% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 2011208 · fiscal year ended 2025-12-31 · 3 audited years read · [page](https://www.pops4.com/boards/company/SPAI) · [JSON](https://www.pops4.com/boards/company/SPAI.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $606,681 |
| Revenue growth, 1 year | -72.0% |
| Revenue growth per year | -18.7% |
| Operating margin | -2397.6% (prior year -329.7%) |
| Net margin | -2360.8% |
| Operating cash flow | −$6M |
| Capital spending | $48,808 |
| Free cash flow | −$6M |
| Cash | $17M |
| Long-term debt | $146,000 |
| Total assets | $19M |
| Total equity | $18M |
| Equity ÷ assets | 92.7% |
| Return on equity | -80.8% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 9.05 (safe zone)
- Piotroski F: 4 of 9 (middling)
- Beneish M: -4.26 (below the −1.78 line)
- Health Harbor boat: Old boat · three warning signs · operating cash flow was negative (-$6.2M in FY2025); operating loss: a margin of -2397.6% in FY2025; revenue is hard to predict: its 80% range is ±28%

## Edgarette's reading

Exposure: revenue $607K (FY2025), total debt $146K. Experience: revenue down 72.0% on the year, down 18.7% a year over 2 years; operating margin -2397.6%, down from -329.7%. Soundness: equity 92.7% of assets, return on equity -80.8%. Credibility: 3 audited years, moderate weight. Range: 80% of past cases like this landed between $243K and $437K next year (method v3, set from 749 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (140 filers, $50M+ revenue, services-prepackaged software): operating margin -2397.6% against a 0.9% median; growth -72.0% against 13.0%.

Range logged 2026-11-05, receipt bef511ab92a929b9, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-05-29 ([filing](https://www.sec.gov/Archives/edgar/data/2011208/000149315226026373/0001493152-26-026373-index.htm))

## Recent filings

- DEF 14A · filed 2026-11-04 · [filing](https://www.sec.gov/Archives/edgar/data/2011208/000149315226049950/0001493152-26-049950-index.htm)
- 8-K · filed 2026-10-07 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2011208/000143774926032265/0001437749-26-032265-index.htm)
- 8-K · filed 2026-08-25 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2011208/000149315226039954/0001493152-26-039954-index.htm)
- 8-K · filed 2026-08-18 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2011208/000149315226038924/0001493152-26-038924-index.htm)
- 10-Q · filed 2026-08-14 · [filing](https://www.sec.gov/Archives/edgar/data/2011208/000149315226038289/0001493152-26-038289-index.htm)
- 8-K · filed 2026-08-14 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2011208/000149315226038010/0001493152-26-038010-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0002011208.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2011208

## Cite

POPS4, Edgar & Edgarette: SAFE PRO GROUP INC. (SPAI) company card, from the company's own SEC filings, accessed 2026-11-05, https://www.pops4.com/boards/company/SPAI. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.