Safe Pro Group Inc. (SPAI) — Financial Health & SEC Filings | Sharpnel
Safe Pro Group Inc. (SPAI)
Nasdaq · Common Stock · Services-Prepackaged Software
One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.
Financial health
Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.
Piotroski F-score
4 / 9
FAILReturn on assets positiveROA -74.9%
FAILOperating cash flow positiveOCF -6M
PASSReturn on assets improving-150.1% → -74.9%
PASSCash flow exceeds earningsOCF -6M vs NI -14M
PASSLong-term debt ratio falling2.9% → 0.8% of assets
PASSCurrent ratio improving3.08 → 14.33
FAILNo share dilution11M → 17M shares
FAILGross margin improving41.8% → 33.3%
FAILAsset turnover improving0.44× → 0.03×
Altman Z-score
31.96safe
Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.
Cash conversion
43.4%
Share count change
59.3%
Six-year record
Year
Revenue
Net income
Free cash flow
Gross margin
Shares
FY2023
$917,720
−$6.3M
−$2.0M
33.9%
7,984,743
FY2024
$2.2M
−$7.4M
−$4.2M
41.8%
10,613,270
FY2025
$606,681
−$14.3M
−$6.3M
33.3%
16,906,724
Ownership flow
6 institutions tracked — 1 added, 3 reduced. Index money added 9,964 shares while active managers cut 522,737.
Institutional holders of Safe Pro Group Inc. and their share-count change
Manager
Kind
Shares
Change
Value
CITADEL ADVISORS LLC
Hedge fund
13,700
−516,810
$59,321
BlackRock, Inc.
Index
73,258
+13,004
$317,207
MORGAN STANLEY
Active fund
2,793
−5,927
$12,094
GEODE CAPITAL MANAGEMENT, LLC
Index
147,046
−3,040
Capital returned
What the company actually paid out and bought back, as reported — the record behind any yield figure.
Shares repurchased
2026Q1
$731,079
Identity
CIK
0002011208
FIGI
BBG01NL2KY76
SIC
7372 · Services-Prepackaged Software
Incorporated
DE
Headquarters
AVENTURA, FL
Ownership
Institutional
12.1%
Institutions
31
Insiders
45.5%
Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.
Questions about Safe Pro Group Inc.
Is Safe Pro Group Inc. financially healthy?
Safe Pro Group Inc. scores 4 out of 9 on the Piotroski F-score. Its Altman Z-score puts it in the safe zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of Safe Pro Group Inc.?
Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are GEODE CAPITAL MANAGEMENT, LLC (trimming), BlackRock, Inc. (adding), STATE STREET CORP (unchanged). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.
This page is one panel of the terminal
The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.
Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.
$636,987
From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.