Red Cat Holdings, Inc. (RCAT)

NASDAQ: RCAT · IEX Real-Time Price · USD
0.765
-0.024 (-3.04%)
At close: Mar 28, 2024, 4:00 PM
0.789
+0.024 (3.14%)
After-hours: Mar 28, 2024, 7:48 PM EDT
-3.04%
Market Cap 58.61M
Revenue (ttm) 13.73M
Net Income (ttm) -28.35M
Shares Out 74.28M
EPS (ttm) -0.52
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 169,256
Open 0.774
Previous Close 0.789
Day's Range 0.765 - 0.800
52-Week Range 0.525 - 1.470
Beta 0.06
Analysts n/a
Price Target n/a
Earnings Date Mar 18, 2024

About RCAT

Red Cat Holdings, Inc. engages in the provision of various products, services, and solutions to the drone industry. The company operates through two segments: Enterprise and Consumer. It built infrastructure to manages drone fleets and fly, and provide services remotely, navigate confined industrial interior spaces and dangerous military environment. Red Cat Holdings, Inc. is based in San Juan, Puerto Rico. [Read more]

Sector Technology
IPO Date Sep 22, 2017
Employees 76
Stock Exchange NASDAQ
Ticker Symbol RCAT
Full Company Profile

Financial Performance

In 2023, RCAT's revenue was $9.91 million, an increase of 54.17% compared to the previous year's $6.43 million. Losses were -$27.09 million, 131.7% more than in 2022.

Financial Statements

News

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

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 d...

2 days ago - GlobeNewsWire

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

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 Th...

10 days ago - GlobeNewsWire

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

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 comm...

13 days ago - GlobeNewsWire

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

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 m...

14 days ago - GlobeNewsWire

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

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 m...

6 weeks ago - GlobeNewsWire

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

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 plat...

7 weeks ago - GlobeNewsWire

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

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 ...

2 months ago - GlobeNewsWire

Red Cat Endorses Passing of the American Security Drone Act

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

3 months ago - GlobeNewsWire

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

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 milita...

3 months ago - GlobeNewsWire

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

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 ...

3 months ago - GlobeNewsWire

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

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

3 months ago - GlobeNewsWire

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

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 mi...

3 months ago - GlobeNewsWire

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 the pricing of its previously announced underwritten publi...

4 months ago - GlobeNewsWire

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

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 ...

4 months ago - GlobeNewsWire

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

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

4 months ago - GlobeNewsWire

Red Cat Announces Management Changes

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

4 months ago - GlobeNewsWire

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

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 ...

4 months ago - GlobeNewsWire

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

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 mi...

5 months ago - GlobeNewsWire

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

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 m...

5 months ago - GlobeNewsWire

Red Cat Holdings to Present at the ThinkEquity Conference

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 m...

5 months ago - GlobeNewsWire

Red Cat Holdings to Participate in Two October 2023 Conferences

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 m...

6 months ago - GlobeNewsWire

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

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 ...

6 months ago - GlobeNewsWire

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

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 ...

6 months ago - GlobeNewsWire

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

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 pro...

6 months ago - GlobeNewsWire

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

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

7 months ago - GlobeNewsWire