diff --git a/src/api.rs b/src/api.rs
index a622a0b..62f21a7 100644
--- a/src/api.rs
+++ b/src/api.rs
@@ -242,6 +242,7 @@ mod tests {
                 minutes: 2,
                 seconds: 3,
                 frames: 4,
+                is_drop_frame: false,
                 frame_rate: Ratio::new(25, 1),
                 timestamp: Utc::now(),
             }),
diff --git a/src/serial_input.rs b/src/serial_input.rs
index 10c3626..d1dea36 100644
--- a/src/serial_input.rs
+++ b/src/serial_input.rs
@@ -32,7 +32,7 @@ pub fn start_serial_thread(
 
     let reader = std::io::BufReader::new(port);
     let re = Regex::new(
-        r"\[(LOCK|FREE)\]\s+(\d{2}):(\d{2}):(\d{2})[:;](\d{2})\s+\|\s+([\d.]+)fps",
+        r"\[(LOCK|FREE)\]\s+(\d{2}):(\d{2}):(\d{2})([:;])(\d{2})\s+\|\s+([\d.]+)fps",
     )
     .unwrap();
 
@@ -60,11 +60,12 @@ mod tests {
     use super::*;
     use std::sync::mpsc;
     use crate::sync_logic::LtcState;
+    use num_rational::Ratio;
     use regex::Regex;
 
     fn get_ltc_regex() -> Regex {
         Regex::new(
-            r"\[(LOCK|FREE)\]\s+(\d{2}):(\d{2}):(\d{2})[:;](\d{2})\s+\|\s+([\d.]+)fps",
+            r"\[(LOCK|FREE)\]\s+(\d{2}):(\d{2}):(\d{2})([:;])(\d{2})\s+\|\s+([\d.]+)fps",
         ).unwrap()
     }
 
@@ -119,7 +120,7 @@ mod tests {
         assert_eq!(st.free_count, 1);
         let received_frame = rx.try_recv().unwrap();
         assert_eq!(received_frame.status, "FREE");
-        assert_eq!(received_frame.frame_rate, 29.97);
+        assert_eq!(received_frame.frame_rate, Ratio::new(30000, 1001));
     }
 
     #[test]
diff --git a/src/sync_logic.rs b/src/sync_logic.rs
index 06b14f0..cc197b3 100644
--- a/src/sync_logic.rs
+++ b/src/sync_logic.rs
@@ -24,6 +24,7 @@ pub struct LtcFrame {
     pub minutes: u32,
     pub seconds: u32,
     pub frames: u32,
+    pub is_drop_frame: bool,
     pub frame_rate: Ratio<i64>,
     pub timestamp: DateTime<Utc>, // arrival stamp
 }
@@ -35,8 +36,9 @@ impl LtcFrame {
             hours: caps[2].parse().ok()?,
             minutes: caps[3].parse().ok()?,
             seconds: caps[4].parse().ok()?,
-            frames: caps[5].parse().ok()?,
-            frame_rate: get_frame_rate_ratio(&caps[6])?,
+            is_drop_frame: &caps[5] == ";",
+            frames: caps[6].parse().ok()?,
+            frame_rate: get_frame_rate_ratio(&caps[7])?,
             timestamp,
         })
     }
@@ -205,6 +207,7 @@ mod tests {
             minutes: m,
             seconds: s,
             frames: 0,
+            is_drop_frame: false,
             frame_rate: Ratio::new(25, 1),
             timestamp: Utc::now(),
         }
diff --git a/src/system.rs b/src/system.rs
index 0ce73aa..64205b4 100644
--- a/src/system.rs
+++ b/src/system.rs
@@ -49,10 +49,10 @@ pub fn calculate_target_time(frame: &LtcFrame, config: &Config) -> DateTime<Loca
     let total_duration_secs =
         Ratio::new(timecode_secs, 1) + Ratio::new(frame.frames as i64, 1) / frame.frame_rate;
 
-    // For fractional frame rates (23.98, 29.97), timecode runs slower than wall clock.
+    // For non-drop-frame fractional rates (23.98, 29.97), timecode runs slower than wall clock.
     // We need to scale the timecode duration up to get wall clock time.
-    // The scaling factor is 1001/1000.
-    let scaled_duration_secs = if *frame.frame_rate.denom() == 1001 {
+    // The scaling factor is 1001/1000. For drop-frame, this isn't necessary.
+    let scaled_duration_secs = if *frame.frame_rate.denom() == 1001 && !frame.is_drop_frame {
         total_duration_secs * Ratio::new(1001, 1000)
     } else {
         total_duration_secs
@@ -196,6 +196,7 @@ mod tests {
             minutes: m,
             seconds: s,
             frames: f,
+            is_drop_frame: false,
             frame_rate: Ratio::new(25, 1),
             timestamp: Utc::now(),
         }