Red Cat Holdings

Red Cat Holdings, Inc. provides products, services and solutions to the drone industry. It also engages in the provision of distributed data storage, analytics and services for the drone industry.The firm product include Dronebox, which is a blockchain technology that records, stores and analyzes flight data and information from a drone. It operates through the following segments: Enterprise and Consumer segments. The Enterprise Segment will focus on developing a hardware enabled software platform of services and solutions to government and commercial enterprises and the military. The company was founded by Jeffrey M. Thompson in February 1984 and is headquartered in San Juan, Puerto Rico.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Red Cat Holdings achieves record revenue growth and strategic expansion

Red Cat Holdings (RCAT) delivered exceptional financial performance in Q4 2024, driven by revenue growth and strategic initiatives to expand its product portfolio and capabilities.
While facing challenges related to pending matters and market competition, the company's strong financial position, partnerships, and growth opportunities position it well for the future.
By focusing on innovation, strategic acquisitions, and operational efficiency, Red Cat is poised to capitalize on emerging trends in the drone industry and sustain its growth momentum.

Red Cat Holdings reports record revenue and forecasts strong growth

Red Cat Holdings (RCAT) delivered robust Q1 2025 results with record revenue and product expansion, signaling growth potential.
While facing challenges such as contract delays and operational efficiency, Red Cat's strong backlog and revenue outlook offer optimism.
The company's strategic focus on defense sector needs and transition to a calendar year bode well for future performance and transparency.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Red Cat Holdings, Inc. provides products, services and solutions to the drone industry. It also engages in the provision of distributed data storage, analytics and services for the drone industry.The firm product include Dronebox, which is a blockchain technology that records, stores and analyzes flight data and information from a drone. It operates through the Enterprise Segment. The Enterprise Segment will focus on developing a hardware enabled software platform of services and solutions to government and commercial enterprises and the military. The company was founded by Jeffrey M. Thompson in February 1984 and is headquartered in San Juan, Puerto Rico.

George Matus, CEO of subsidiary, Teal Drones, appointed Chief Technology Officer George Matus, CEO of subsidiary, Teal Drones, appointed Chief Technology Officer

Red Cat Announces Management Changes

Jeff Thompson to join the Association for Uncrewed Vehicle Systems International, industry leaders, and members of Congress during November 14th press conference Jeff Thompson to join the Association for Uncrewed Vehicle Systems International, industry leaders, and members of Congress during November 14th press conference

Red Cat CEO to Speak at the Partnership for Drone Competitiveness' Launch Commemoration Outside the U.S. Capitol

SAN JUAN, Puerto Rico, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government and commercial operations, today announces that its subsidiary Teal Drones has been selected to receive a $750,000 Manufacturing Modernization Grant from the State of Utah.

Red Cat Subsidiary Teal Drones Selected for $750K Manufacturing Modernization Grant from State of Utah

SAN JUAN, Puerto Rico, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, reports preliminary revenue for the second quarter of fiscal 2024 (three months ending October 31, 2023) ahead of its quarterly filing, including: Revenue of approximately $3.9 million for fiscal second quarter of 2024, representing a sequential increase of 123% Backlog of approximately $4.5M at October 31, 2023, representing the highest amount in the Company's history Company affirms previous guidance of approximately $5 million in revenue for the fiscal third quarter (three months ending January 31, 2024), representing a 28% sequential increase “We are pleased to report a second consecutive quarter of record revenues, and our growing order backlog positions us to continue reporting sequential revenue growth through the end of fiscal 2024 and beyond,” stated Jeff Thompson, Chief Executive Officer. “We had purposely established meaningful inventory balances to address the supply chain challenges that previously existed and are excited to be turning these assets into cash to fund our continued growth.

Red Cat Reports Preliminary Record Revenue 30% Above Guidance for Second Quarter of Fiscal 2024

SAN JUAN, Puerto Rico, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announces that Dr. Allan Evans, Chief Operating Officer, will present a corporate overview at the ThinkEquity Conference. The conference is being held on October 19, 2023 at the Mandarin Oriental Hotel in New York.

Red Cat Holdings to Present at the ThinkEquity Conference

SAN JUAN, Puerto Rico, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announces that it will participate in two October 2023 conferences.

Red Cat Holdings to Participate in Two October 2023 Conferences

SAN JUAN, Puerto Rico, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a drone technology company integrating robotic hardware and software for military, government and commercial operations, today announces that Jeff Thompson, Chief Executive Officer, will present a corporate overview at the LD Micro Main Event XVI. The conference is being held on October 3 – 5, 2023 at the Luxe Sunset Boulevard Hotel in Los Angeles.

Red Cat Holdings to Present at the LD Micro Main Event XVI

SAN JUAN, Puerto Rico, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc.  (Nasdaq: RCAT) ("Red Cat" or the "Company"), a drone technology company integrating robotic hardware and software for military, government and commercial operations, today announces that subsidiary Teal Drones has signed $1.8 million in contracts with U.S. Customs and Border Protection (CBP) to provide Teal 2  systems to U.S. Border Patrol.

Red Cat Signs Contract with U.S. Customs and Border Protection for 106 Teal 2 Drone Systems

Red Cat Holdings, Inc. (NASDAQ:RCAT ) Q1 2024 Earnings Conference Call September 19, 2023 4:30 PM ET Company Participants Joseph Delahoussaye - Vice President of Investor Relations, CoreIR Jeffrey Thompson - President and Chief Executive Officer Joseph Hernon - Chief Financial Officer Conference Call Participants Ashok Kumar - ThinkEquity James McIlree - Dawson James Operator Ladies and gentlemen, thank you for standing by. Good afternoon and welcome to the Red Cat Holdings Fiscal First Quarter 2024 Financial Results and Corporate Update Conference Call.

Red Cat Holdings, Inc. (RCAT) Q1 2024 Earnings Call Transcript

SAN JUAN, Puerto Rico, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a military technology company integrating robotic hardware and software to protect and support the warﬁghter, reports its financial results for the fiscal quarter ended July 31, 2023 and provides a business update.

Red Cat Holdings Reports Financial Results for Fiscal First Quarter 2024 and Provides Corporate Update

Conference Call to be held Tuesday, September 19, 2023 at 4:30 p.m. Eastern Time Conference Call to be held Tuesday, September 19, 2023 at 4:30 p.m. Eastern Time

Red Cat Holdings to Report Fiscal First Quarter 2024 Financial Results and Provide Corporate Update on Tuesday, September 19, 2023

Strong business outlook and visibility supported by current purchase orders Strong business outlook and visibility supported by current purchase orders

Red Cat Holdings Announces Record Revenue for First Quarter of Fiscal 2024 and Provides Revenue Guidance for Fiscal Second and Third Quarters

SAN JUAN, Puerto Rico, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a drone technology company integrating robotic hardware and software for military, government and commercial operations, announces that Jeffrey Thompson, Chief Executive Officer, will present a corporate overview at the H.C. Wainwright 25th Annual Global Investment Conference and provide an update on the recently announced $5.2M in contract awards that will be placed with the U.S. Air Force Security Forces. The conference is being held on September 11 – 13, 2023 at the Lotte New York Palace Hotel.

Red Cat Holdings to Present at the H.C. Wainwright 25th Annual Global Investment Conference

DLA has doubled its initial $2.6M order, placed on behalf of US Air Force Security Forces DLA has doubled its initial $2.6M order, placed on behalf of US Air Force Security Forces

Red Cat Subsidiary Teal Drones Receives Contract Now Totaling $5.2M to Supply Teal 2 Drone to US Defense Logistics Agency

SAN JUAN, Puerto Rico , Aug. 22, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat" or the "Company"), a drone technology company integrating robotic hardware and software for military, government and commercial operations, today announces that its military-grade sUAS, the Teal 2, has received Remote ID certification from the Federal Aviation Administration (FAA).

Red Cat's Teal 2 sUAS Receives Remote ID Certification From FAA

Red Cat and Tough Stump will also partner on innovative, remote-location trade show, the Tough Stump Rodeo Red Cat and Tough Stump will also partner on innovative, remote-location trade show, the Tough Stump Rodeo

Red Cat Names Tough Stump Technologies as DoD Training Provider

Recently launched Teal 2 offers multi-vehicle control, artificial intelligence, and the highest-resolution night vision in its class Recently launched Teal 2 offers multi-vehicle control, artificial intelligence, and the highest-resolution night vision in its class

Red Cat Subsidiary Teal Drones Receives $2.6M Purchase Order to Supply Teal 2 sUAS to US Defense Logistics Agency

SAN JUAN, Puerto Rico, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a drone technology company integrating robotic hardware and software for military, government and commercial operations, announces today that Jeffrey Thompson, Chief Executive Officer, will present a corporate overview at the Canaccord Genuity 43rd Annual Growth Conference in Boston, MA.

Red Cat Holdings to Present at the Canaccord Genuity 43rd Annual Growth Conference

Red Cat Holdings, Inc. (NASDAQ:RCAT ) Q4 2023 Earnings Conference Call July 27, 2023 4:30 PM ET Company Participants Joseph Delahoussaye - Vice President of Investor Relations, CORE IR Jeffrey Thompson - President and Chief Executive Officer Joseph Hernon - Chief Financial Officer Conference Call Participants Ashok Kumar - ThinkEquity LLC Carlo Corzine - Dawson James Securities, Inc. Operator Ladies and gentlemen, thank you for standing by. Good afternoon and welcome to the Red Cat Holdings Fiscal 2023 Year-End Financial Results and Corporate Update Conference call.

Red Cat Holdings, Inc. (RCAT) Q4 2023 Earnings Call Transcript

SAN JUAN, Puerto Rico, July 20, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government and commercial operations, today announces that its military-grade sUAS, the Teal 2, is now available for purchase through the U.S. government's GSA Advantage website (gsaadvantage.gov).

Red Cat's Teal 2 sUAS Now Available for Purchase Through US Government's GSA Advantage

Earnings Conference Call to be held Thursday, July 27, 2023 at 4:30 p.m. Eastern Time Earnings Conference Call to be held Thursday, July 27, 2023 at 4:30 p.m. Eastern Time

Red Cat Holdings to Report Fiscal Year-End 2023 Financial Results and Provide Corporate Update on Thursday, July 27, 2023

Army seeks a rucksack-portable drone to provide platoons with rapidly deployable reconnaissance capability Army seeks a rucksack-portable drone to provide platoons with rapidly deployable reconnaissance capability

Red Cat Subsidiary Teal Drones Secures $1.2M Additional Funding for U.S. Army's Short Range Reconnaissance Program

SAN JUAN, Puerto Rico, June 21, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a military technology company integrating robotic hardware and software to protect and support the warfighter, today announces that its new military-grade sUAS, the Teal 2 , has received clearance from the U.S. Department of Defense (DoD) to be designated as a Blue UAS .

Red Cat Receives DoD “Blue UAS” Approval for New Teal 2 sUAS to be Added to Cleared List

BigBear.ai Holdings

LumiraDx Ltd

Terawulf

Penny stocks are shares of companies that trade for less than $5. That's the standard definition of the term, but most traders who're familiar with the idea generally focus on cheaper stocks.

Best Penny Stocks to Buy Under $5? 4 To Watch Now

Athena's AI technology has successfully performed target recognition and battle tracking for a nighttime flight of Red Cat's Teal 2 Athena's AI technology has successfully performed target recognition and battle tracking for a nighttime flight of Red Cat's Teal 2

News for Red Cat Holdings Stock (RCAT)