Red Cat (NASDAQ: RCAT) — Company Overview, News & Financial Data
Red Cat provides drone industry products and solutions, emphasizing hardware and software innovations for various sectors.
Red Cat
Red Cat (NASDAQ:RCAT) specializes in providing products, services, and solutions in the drone industry. It operates through its subsidiaries that focus on various aspects of drone technology, including hardware and software innovations aimed at enhancing drone security, reliability, and functionality. With a strong emphasis on research and development, Red Cat is committed to pushing the boundaries of what's possible in drone technology. They work on projects that span from providing military-grade drones to developing consumer-friendly UAVs for everyday use. The company's objectives are centered around ensuring safety and compliance in the skies while unlocking new possibilities for drone use in commercial, government, and recreational sectors.
Snapshot
Operations
Products and/or services of Red Cat
- Drone box black box flight data recorders designed to improve drone flight data analysis and safety.
- Teal Drones, specialized in developing drones for government and military applications, emphasizing advanced reconnaissance capabilities.
- Skypersonic, a provider of real-time, remote inspection services using drones and rovers, catering to inaccessible or dangerous environments.
- Fat Shark, a pioneer in the field of FPV goggles for drone racing, providing immersive flight experiences through innovative technology.
- Consumer drone service and repair, ensuring drone enthusiasts and professionals have access to expert maintenance and repair services to keep their equipment in optimal condition.
Red Cat executive team
- Jeffrey M. ThompsonFounder, President, CEO & Chairman
- Christian Koji EricsonChief Operating Officer
- Christian MorrisonCFO, Treasurer & Secretary
- Sam PelletierVice President of Finance & Accounting
- Kirk NordGeneral Counsel
- Casie OcanaVice President of Marketing
- B. Barrett HinckleyPresident of BLUE OPS
- Mitch McDonaldDivisional Chief Executive Officer of UAS Operations
- Brian HuinkerSenior VP of Business Development & Global Defense Solutions
- Josh ZiskaPresident of Apium
Key financials
Reported results for Red Cat, in USD.
- Market cap
- 771.2M
- Revenue (TTM)
- 71.5M
- P/E ratio
- —
- EPS (diluted, TTM)
- -0.8
- Dividend yield
- —
- Profit margin
- -136.3%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 40.7M | -66.6M | -72.1M | |
| 7.3M | -38.8M | -65.4M | |
| 17.8M | -17.9M | -24.1M | |
| 4.6M | -26.3M | -28.1M |