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

Earnings data Q3 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.

Red Cat Holdings partners with Palantir, raises guidance amid strong Q2 performance

Red Cat Holdings' Q2 earnings call highlighted strong performance, strategic partnerships, and growth opportunities in the drone market. While facing challenges in CFO transition and funding, the company is well-positioned to capitalize on the Palantir partnership and expand its market presence.

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.

RCAT stock is one of Monday's biggest winners, thanks to a partnership between its subsidiary and NASA on a simulated Mars mission. The post RCAT Stock Is Soaring 50% Because One of Its Subsidiaries Is Headed to Mars appeared first on InvestorPlace.

RCAT Stock Is Soaring 50% Because One of Its Subsidiaries Is Headed to Mars

Red Cat Holdings Inc (NASDAQ: RCAT) is trading significantly higher Monday after the company announced its subsidiary, Skypersonic Inc, won a 5-year NASA contract. NASA is preparing a series of analog missions that will simulate year-long stays on the surface of Mars.

Why Red Cat Holdings Stock Is Soaring Today

Red Cat Holdings Inc (NASDAQ:RCAT) subsidiary, Skypersonic, Inc, won a five-year contract from NASA to provide drone and rover software, hardware, and support for the Simulated Mars mission. The financial terms of the transaction remain undisclosed.

Red Cat Stock Skyrockets As Subsidiary Skypersonic Pockets NASA Contract

The stock price of Red Cat Holdings, Inc. (Nasdaq: RCAT) increased by over 50% pre-market today. This is why it happened.

RCAT Stock: Why It Substantially Increased Today

HUMACAO, Puerto Rico, Sept. 27, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, today announces its subsidiary, Skypersonic, Inc., a leader in Confined Space drone technology, has been awarded a five-year contract with NASA to provide drone and rover software, hardware and support for its Simulated Mars mission.

Red Cat Holdings Subsidiary Skypersonic Receives NASA Contract

Red Cat Holdings Inc. (RCAT) CEO Jeffrey Thompson on Q1 2022 Results - Earnings Call Transcript

HUMACAO, Puerto Rico, Sept. 20, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat" or "Company"), a hardware-enabled software provider to the drone industry, reports its financial results for the fiscal quarter ended July 31, 2021 and provides a business update.

Red Cat Holdings Reports Financial Results from Fiscal First Quarter 2022 and Provides Corporate Update

HUMACAO, Puerto Rico, Sept. 16, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, announces that it will report fiscal first quarter 2022 financial results for the three months ended July 31, 2021 on Monday, September 20 after the market close.

Red Cat Holdings to Report Fiscal First Quarter 2022 Financial Results on Monday, September 20, 2021 and Provide Corporate Update

HUMACAO, Puerto Rico, Sept. 2, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, announces the appointment of Geoffrey Hitchcock as its Senior Vice President of Global Defense Solutions.

Red Cat Holdings Appoints Geoffrey Hitchcock as Senior Vice President of Global Defense Solutions

HUMACAO, Puerto Rico, Sept. 1, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, announces the closing of its acquisition of Teal Drones ("Teal"), a leader in commercial and government unmanned aerial vehicle ("UAV") technology.

Red Cat Holdings Closes Acquisition of Teal Drones

HUMACAO, Puerto Rico, Aug. 27, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (NASDAQ: RCAT) ("Red Cat'' or the "Company"), announces today that Chief Executive Officer Jeffrey Thompson will present at the 23rd Annual H.C. Wainwright Global Investment Conference, which is being held virtually from September 13 – 15, 2021.

Red Cat Holdings to Present at the H.C. Wainwright 23rd Annual Global Investment Virtual Conference

HUMACAO, Puerto Rico, Aug. 16, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), announces that it has received a significant purchase order from Drone Nerds, which is the largest distributor of drones in the United States. The purchase order is for the Golden Eagle, manufactured by Teal Drones.

Red Cat Holdings Receives Significant Purchase Order From Largest Drone Distributor In The United States

Red Cat Holdings Inc. (RCAT) CEO Jeffrey Thompson on Q4 2021 Results - Earnings Call Transcript

HUMACAO, Puerto Rico, Aug. 12, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat" or "Company"), a hardware-enabled software provider to the drone industry, reports its financial results for the fiscal year ended April 30, 2021, and provides a business update: Revenues for the fiscal year ended April 30, 2021, were approximately $5.0 million, representing a more than ten-fold increase compared to approximately $0.4 million for the fiscal year ended April 30, 2020 Adjusted Net loss for the fiscal year ended April 30, 2021, which excludes non-cash charges associated with derivative liabilities, stock-based compensation, and the amortization of debt discount, was approximately $1.6 million, as compared to an adjusted net loss of $1.3 million for the fiscal year ended April 30, 2020 Common Stock financings in May and July 2021 raised $76 million in gross proceeds "We are pleased to report only a relatively modest increase in our adjusted net loss even while closing and integrating three acquisitions during the 16-month period through April 30, 2021," stated Joseph Hernon, Chief Financial Officer.  "Our recent capital raises totaling gross proceeds of $76 million have strengthened our financial position, and we are well funded to execute on our growth initiatives.

Red Cat Holdings Reports Record Annual Revenues

HUMACAO, Puerto Rico, Aug. 10, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware enabled software provider to the drone industry, announced that it will report fiscal year end financial results on Thursday, August 12, 2021 at 4 p.m. Eastern Time.

Red Cat Holdings to Release Fiscal Year End Financial Results on Thursday, August 12, 2021

HUMACAO, Puerto Rico, July 21, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (NASDAQ: RCAT) ("Red Cat" or the "Company") a technology provider to the drone industry, today announced the closing of its underwritten public offering of 13,333,334 shares of its common stock at a public offering price of $4.50 per share, for gross proceeds of approximately $60,000,000, before deducting underwriting discounts, commissions and offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 2,000,000 shares of common stock to cover over-allotments at the offering price, less the underwriting discount.

Red Cat Holdings, Inc. Announces Closing of Public Offering

The stock price of Red Cat Holdings Inc (NASDAQ: RCAT) fell by over 35% pre-market. This is why it happened.

RCAT Stock Fell Over 35% Pre-Market: Why It Happened

Drone technology provider Red Cat Holdings Inc (NASDAQ: RCAT) priced 13.33 million shares at $4.5 per share to raise $60 million in a secondary public offering. The offer price implies a 36.6% discount to the company's Friday closing price of $7.1.

Red Cat Raises $60M Via Secondary Equity Offering At 37% Discount

Red Cat (RCAT) stock is rocketing higher on Tuesday thanks to news that it's acquiring Teal Drones for an undisclosed sum. The post RCAT Stock: The Huge News That Has Red Cat Skyrocketing Today appeared first on InvestorPlace.

RCAT Stock: The Huge News That Has Red Cat Skyrocketing Today

The stock price of Red Cat Holdings Inc (NASDAQ: RCAT) increased by over 104% during intraday trading. This is why it happened.

RCAT Stock Increases Over 104% Intraday: Why It Happened

Drone technology provider Red Cat Holdings Inc (NASDAQ: RCAT) agreed to acquire Teal Drones, an automated aerial vehicle technology firm.  The financial terms of the transaction remain undisclosed.

Red Cat Holdings To Acquire Teal Drones For Undisclosed Sum

HUMACAO, Puerto Rico, July 13, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a technology provider to the drone industry, announced today that it has signed a definitive agreement to acquire Teal Drones, a leader in commercial and government unmanned aerial vehicle technology. The all-stock transaction will add Teal Drones to Red Cat's portfolio and strengthen the group's spectrum of offerings across North America.

Red Cat Holdings to Acquire Teal Drones

HUMACAO, Puerto Rico, June 16, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware enabled software provider to the drone industry, announced that the core business strategy for its Enterprise segment would be "Remotely Flying Drones Anywhere." This strategy reflects a further leadership decision by Dr. Allan Evans, its newly appointed Chief Operating Officer.

"Remotely Flying Drones Anywhere" is Defined as the Core Business Strategy for the Enterprise Segment of Red Cat Holdings

HUMACAO, Puerto Rico, June 9, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware enabled software provider to the drone industry, announced that it was establishing Enterprise and Consumer segments in order to sharpen the Company's focus on the unique opportunities in each sector of the drone industry. This development represents the first action taken by the Company's newly appointed Chief Operating Officer, Dr. Allan Evans.

Red Cat Structures Drone Business into Enterprise and Consumer Segments

HUMACAO, Puerto Rico, June 8, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware enabled software provider to the drone industry, announced that it has been selected to join the Russell Microcap® Index at the conclusion of the 2021 annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted by FTSE Russell on Friday, June 4, 2021. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes.

News for Red Cat Holdings Stock (RCAT)