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.

Unusual Machines Inc /US

It seems like a good time to buy up some drone stocks. Drones have been becoming more and more useful these days, though perhaps the most world-altering use case recently has been in warfare.

3 Drone Stocks to Buy and Hold Through 2030 for 10X Gains

Braze

D-MARKET Electronic Services

Ouster, Inc

Sky Harbour Group Corp

XPeng

The Nasdaq declined over 2% on Tuesday, and if the momentum keeps going, we could see the tech index below 15,000 points. This turbulence makes investors wonder if the bear has awaked from its slumber, but there still are hypergrowth stocks to buy out there.

7 Hypergrowth Stocks to Buy Before They Take Off This Year

SAN JUAN, Puerto Rico, April 25, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announced it has successfully passed electronic warfare (EW) testing in Ukraine with Doodle Labs. The successful test is part of a continuous innovation cycle that began in May 2023 with a partnership between Doodle Labs and Red Cat for its U.S. Army Short Range Reconnaissance (SRR) program prototype.

Red Cat Successfully Passes Field Testing with Doodle Labs Against Electronic Warfare Technology in Ukraine

SAN JUAN, Puerto Rico, April 18, 2024 (GLOBE NEWSWIRE) --   Red Cat Holdings, Inc.  (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announces a partnership with Sentien Robotics , a leader in autonomous drone fleet logistics. The partnership will enable organizations using Sentien's Hive UAS management platforms to deploy Teal Drones as part of a larger autonomous drone swarming strategy for mobile and fixed-position land, air, and sea defense and security operations.

Red Cat Announces Agreement with Sentien Robotics UAS Hive for Land, Air and Sea Drone Swarming Operations

SAN JUAN, Puerto Rico, April 09, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc.  (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announces a partnership with Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions. The partnership will enable organizations using OPT's PowerBuoy® and WAM-V® platforms to deploy Teal 2 Drones as part of their strategy to leverage autonomous vehicles to assess and address maritime threats in real time.

Red Cat Begins Integration of Teal 2 Drones with Ocean Power Technologies Maritime Surveillance Solution for Air, Sea, and Subsea Defense and Security Missions

Red Cat will provide the new customers with Teal 2 drones, training, and accessories that will be used for defense and security operations globally Red Cat will provide the new customers with Teal 2 drones, training, and accessories that will be used for defense and security operations globally

Red Cat Announces $2.5 Million in Contract Awards for Two NATO Allied Countries

Red Cat Holdings, Inc. (RCAT) Q3 2024 Earnings Call Transcript

Red Cat reports record revenue for the company in Fiscal Third Quarter 2024, the third consecutive quarter of double-digit sequential growth Red Cat reports record revenue for the company in Fiscal Third Quarter 2024, the third consecutive quarter of double-digit sequential growth

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

SAN JUAN, Puerto Rico, March 15, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced that General (R) Paul Edward Funk II has joined its Board of Directors. The addition of General Funk brings the Board's current composition to five members, including four independent directors.

Retired Four-Star Army General Paul Edward Funk II Joins Red Cat's Board of Directors

SAN JUAN, Puerto Rico, March 14, 2024 (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 financial results for the third quarter of fiscal 2024 (three months ended January 31, 2024) will be reported on Monday, March 18, 2024 after the market close. Company management will host an earnings conference call at 4:30p.m.

Red Cat Holdings to Report Fiscal Third Quarter 2024 Financial Results and Provide Corporate Update on Monday, March 18, 2024

Chromocell Therapeutics Corp

Wetouch Technology Inc

Two nano-caps debuted this past week, neither of which are included in our IPO stats. Two issuers submitted initial filings this past week, both currently listed on the OTC.

U.S. IPO Weekly Recap: Nano-Caps Debut In Quiet Week

SAN JUAN, Puerto Rico, Feb. 14, 2024 (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 record revenue for the third quarter of fiscal 2024 (three months ending January 31, 2024) ahead of its quarterly filing, including:

Red Cat Reports Preliminary Record Revenue 16% Above Guidance for Third Quarter of Fiscal 2024 and Increases Guidance for Fourth Quarter 2024

Company to showcase its Teal 2 drone platform at the World Defense Show in Saudi Arabia and participate in the “Exploitation of Disruptive Technologies” panel Company to showcase its Teal 2 drone platform at the World Defense Show in Saudi Arabia and participate in the “Exploitation of Disruptive Technologies” panel

Red Cat Continues Global Expansion Efforts with Introduction to Middle East Market

Addition of Teledyne FLIR's Prism™ AI platform will provide enhanced capability at the tactical edge, improved battlefield management, and critical decision-making support Addition of Teledyne FLIR's Prism™ AI platform will provide enhanced capability at the tactical edge, improved battlefield management, and critical decision-making support

Red Cat Integrates Advanced AI Capabilities into Next-Generation Drone System for the U.S. Army's Short Range Reconnaissance Program

New legislation will help protect national security and privacy of American citizens New legislation will help protect national security and privacy of American citizens

Red Cat Endorses Passing of the American Security Drone Act

SAN JUAN, Puerto Rico, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, reports its financial results for the second quarter ended October 31, 2023 and provides a business update.

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

Defense Innovation Unit and U.S. Army to provide $3 million in additional funding to support final program milestones Defense Innovation Unit and U.S. Army to provide $3 million in additional funding to support final program milestones

Red Cat Holdings Selected by U.S. Army as Finalist for Short Range Reconnaissance Tranche 2 Drone Program

Conference Call to be held Friday, December 15, 2023 at 4:30 p.m. Eastern Time Conference Call to be held Friday, December 15, 2023 at 4:30 p.m. Eastern Time

Red Cat Holdings to Report Fiscal Second Quarter 2024 Financial Results and Provide Corporate Update on Friday, December 15, 2023

SAN JUAN, Puerto Rico, Dec. 11, 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 announced the closing of its previously announced public offering of 18,400,000 shares of its common stock, including 2,400,000 shares sold upon full exercise of the underwriter's option to purchase additional shares, at a public offering price of $0.50 per share for gross proceeds of $9,200,000, before deducting underwriting discounts and offering expenses.

Red Cat Holdings, Inc. Announces Closing of $9.2 Million Public Offering

SAN JUAN, Puerto Rico, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT), (“Red Cat” or the “Company”), today announced the pricing of its previously announced underwritten public offering of 16,000,000 shares of its common stock at a public offering price of $0.50 per share, for gross proceeds of $8,000,000, before deducting underwriting discounts, commissions and offering expenses. All of the shares of common stock are being offered by the Company. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 2,400,000 shares of common stock at the public offering price less discounts and commissions, to cover over-allotments. The offering is expected to close on December 11, 2023, subject to satisfaction of customary closing conditions.

Red Cat Holdings, Inc. Announces Pricing of Public Offering

SAN JUAN, Puerto Rico, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”) today announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company.

Red Cat Holdings, Inc. Announces Proposed Public Offering of Common Stock

Company to participate in Expodefensa 2023 in Bogotá and highlight its Teal 2 drone solution Company to participate in Expodefensa 2023 in Bogotá and highlight its Teal 2 drone solution

Red Cat Debuts in Latin America, Continuing Global Expansion Efforts Among U.S. Allies

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.

News for Red Cat Holdings Stock (RCAT)