Red Cat Holdings, Inc. (RCAT)

Red Cat Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Dec 31, 2024	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Cash & Equivalents	7.72	9.15	6.07	3.17	4.08	0.28
Short-Term Investments	-	-	-	12.81	44.79	-
Cash & Short-Term Investments	7.72	9.15	6.07	15.99	48.88	0.28
Cash Growth	27.28%	50.88%	-62.05%	-67.29%	17522.40%	17.19%
Accounts Receivable	1.55	0.49	5.84	0.72	0.5	0.32
Other Receivables	-	-	0.68	0.15	0.39	0.08
Receivables	1.55	0.49	6.51	0.87	0.91	0.4
Inventory	17.11	13.59	8.61	9.28	5.6	0.84
Prepaid Expenses	3.03	2.56	1.21	0.75	0.26	0.12
Other Current Assets	-	-	-	5.28	-	0.01
Total Current Assets	29.41	25.8	22.4	32.18	55.65	1.64
Property, Plant & Equipment	4.16	3.37	3.82	4.25	1.53	-
Long-Term Investments	-	-	5.14	-	-	-
Goodwill	17.67	17.67	9.09	17.01	25.14	8.02
Other Intangible Assets	8.05	8.45	3.79	6.89	2.7	2.03
Other Long-Term Assets	0.36	0.31	0.29	0.41	0.06	0
Total Assets	59.66	55.6	48.54	60.74	85.08	11.69
Accounts Payable	1.52	2.05	1.58	1.39	1.02	0.54
Accrued Expenses	1.19	1.24	1.07	0.41	1.08	0.61
Short-Term Debt	25.13	-	-	-	0.04	0.66
Current Portion of Long-Term Debt	0.35	0.35	0.75	0.92	0.96	-
Current Portion of Leases	0.49	0.31	0.2	0.16	0.29	-
Current Unearned Revenue	0.22	0.23	0.05	0.16	0.44	0.05
Other Current Liabilities	-	-	-	1.01	1.61	2.81
Total Current Liabilities	28.91	4.18	3.65	4.05	5.44	4.67
Long-Term Debt	-	-	-	0.4	0.97	1.75
Long-Term Leases	1.84	1.31	1.32	1.48	0.75	-
Other Long-Term Liabilities	-	-	-	0.04	-	-
Total Liabilities	30.74	5.48	4.97	5.98	7.16	6.43
Common Stock	0.09	0.09	0.07	0.05	0.05	0.03
Additional Paid-In Capital	176.69	174.78	124.62	112.64	106.82	21.03
Retained Earnings	-147.87	-124.74	-81.13	-57.08	-27.5	-15.81
Comprehensive Income & Other	-	-	0	-0.86	-1.47	-
Total Common Equity	28.91	50.12	43.56	54.76	77.91	5.25
Shareholders' Equity	28.91	50.12	43.56	54.77	77.92	5.27
Total Liabilities & Equity	59.66	55.6	48.54	60.74	85.08	11.69
Total Debt	27.81	1.97	2.27	2.97	3.01	2.41
Net Cash (Debt)	-20.09	7.19	3.8	13.02	45.86	-2.13
Net Cash Growth	-	89.22%	-70.84%	-71.60%	-	-
Net Cash Per Share	-0.25	0.09	0.06	0.24	0.95	-0.09
Filing Date Shares Outstanding	90.92	85.65	74.6	55.54	53.81	48.24
Total Common Shares Outstanding	85.22	85.22	74.29	54.57	53.75	29.43
Working Capital	0.51	21.62	18.75	28.12	50.21	-3.03
Book Value Per Share	0.34	0.59	0.59	1.00	1.45	0.18
Tangible Book Value	3.19	24	30.68	30.85	50.07	-4.8
Tangible Book Value Per Share	0.04	0.28	0.41	0.57	0.93	-0.16
Machinery	2.13	1.86	1.7	1.52	0.55	-
Leasehold Improvements	1.56	1.56	1.55	1.47	0.15	-

Updated Dec 16, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q