RCAT - Red Cat Holdings Inc. Stock Price, Fair Value and News

1.39USD-0.07 (-4.79%)Market Closed

Market Summary

USD1.39-0.07

Market Closed

-4.79%

RCAT Stock Price

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RCAT RSI Chart

RCAT Valuation

Market Cap

108.5M

Price/Earnings (Trailing)

-3.83

Price/Sales (Trailing)

6.06

EV/EBITDA

99.93

Price/Free Cashflow

-3.91

RCAT Price/Sales (Trailing)

RCAT Profitability

Operating Margin

100.00%

EBT Margin

-0.47%

Return on Equity

-57.18%

Return on Assets

-51.24%

Free Cashflow Yield

-25.59%

RCAT Fundamentals

RCAT Revenue

Revenue (TTM)

17.9M

Rev. Growth (Yr)

250.66%

Rev. Growth (Qtr)

48.77%

RCAT Earnings

Earnings (TTM)

-28.3M

Earnings Growth (Yr)

3.13%

Earnings Growth (Qtr)

3.39%

Breaking Down RCAT Revenue

Last 7 days

37.7%

Last 30 days

89.6%

Last 90 days

124.6%

Trailing 12 Months

71.8%

How does RCAT drawdown profile look like?

RCAT Financial Health

Current Ratio

5.34

RCAT Investor Care

Shares Dilution (1Y)

36.41%

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	17.9M	0	0	0
2023	4.9M	9.9M	10.5M	13.7M
2022	7.0M	6.4M	6.2M	5.0M
2021	3.5M	5.0M	5.8M	7.3M
2020	329.2K	403.9K	1.0M	1.4M
2019	179.8K	254.5K	0	0
2018	872.9K	617.0K	361.1K	105.1K
2017	0	0	0	1.1M
2016	0	415.9K	772.4K	0
2015	68.2K	67.0K	60.6K	59.4K
2014	136.4K	105.0K	73.5K	42.1K
2013	111.3K	0	0	167.8K
2012	0	39.0K	46.8K	54.7K
2011	0	15.4K	23.3K	31.1K
2010	0	0	0	7.6K

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Red Cat Holdings Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 01, 2024	matus george michael	sold (taxes)	-6,431	0.75	-8,575	ceo, teal subsidiary
Dec 29, 2023	thompson jeffrey m	gifted	-	-	-38,367	chairman of the board, ceo
Dec 01, 2023	matus george michael	sold (taxes)	-6,452	0.89	-7,250	ceo, teal subsidiary
Oct 02, 2023	hernon joseph p	sold (taxes)	-89.24	0.97	-92.00	cfo
Oct 02, 2023	hernon joseph p	acquired	3,788	0.97	3,906	cfo
Sep 27, 2023	evans allan thomas	bought	9,650	0.965	10,000	coo, red cat holdings, inc.
Sep 01, 2023	matus george michael	sold (taxes)	-6,962	0.958	-7,268	ceo, teal subsidiary
Aug 04, 2023	hernon joseph p	gifted	-118,000	1.00	-118,000	cfo
Aug 01, 2023	hernon joseph p	sold (taxes)	-3,295	0.85	-3,877	cfo
Aug 01, 2023	hernon joseph p	acquired	25,500	0.85	30,000	cfo

Which funds bought or sold RCAT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	SIMPLEX TRADING, LLC	reduced	-54.04	-2,000	1,000	-%
Apr 24, 2024	N.E.W. Advisory Services LLC	added	7.02	-5,236	69,946	0.01%
Apr 24, 2024	Cambridge Investment Research Advisors, Inc.	reduced	-2.42	-30,000	168,000	-%
Apr 23, 2024	Gradient Investments LLC	sold off	-100	-2,200	-	-%
Apr 17, 2024	FOUNDERS FINANCIAL SECURITIES LLC	unchanged	-	-1,725	11,475	-%
Apr 12, 2024	Game Plan Financial Advisors, LLC	unchanged	-	-575	3,825	-%
Mar 12, 2024	PVG ASSET MANAGEMENT CORP	new	-	230,194	230,194	1.11%
Mar 11, 2024	VANGUARD GROUP INC	unchanged	-	-115,465	1,141,680	-%
Feb 14, 2024	GROUP ONE TRADING, L.P.	reduced	-78.22	-6,228	1,536	-%
Feb 14, 2024	Royal Bank of Canada	reduced	-50.00	-	-	-%

Are Funds Buying or Selling RCAT?

Are funds buying RCAT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own RCAT

No. of Funds

Unveiling Red Cat Holdings Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	awm investment company, inc.	6.7%	5e+06	SC 13G
Feb 07, 2024	hirschman orin	7.0%	5,026,104	SC 13G/A
Dec 08, 2023	hirschman orin	7.4%	5,276,104	SC 13G
Feb 14, 2022	cvi investments, inc.	0%	0	SC 13G/A

Recent SEC filings of Red Cat Holdings Inc.

View All Filings

Date Filed	Form Type	Document
Mar 25, 2024	3	Insider Trading
Mar 18, 2024	8-K	Current Report
Mar 18, 2024	8-K	Current Report
Mar 18, 2024	10-Q	Quarterly Report
Mar 05, 2024	4	Insider Trading
Mar 01, 2024	8-K/A	Current Report
Feb 22, 2024	SC 13D	13D - Major Acquisition
Feb 22, 2024	8-K	Current Report
Feb 22, 2024	3	Insider Trading
Feb 16, 2024	8-K	Current Report

Peers (Alternatives to Red Cat Holdings Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSCO	193.8B	57.2B	-2.89%	3.39%	14.42	3.39	7.66%	18.93%
ANET	82.7B	5.9B	-11.08%	69.80%	39.63	14.11	33.75%	54.34%
HPQ	27.4B	53.1B	-6.24%	-2.90%	8.03	0.52	-11.04%	34.01%
HPE	22.3B	29.1B	-4.01%	20.51%	11.02	0.77	2.24%	133.29%
LOGI	12.5B	4.2B	-13.29%	39.81%	25.71	2.94	-11.68%	12.69%
JNPR	11.2B	5.6B	-5.67%	16.31%	36.02	2.01	4.97%	-34.14%
MID-CAP
UI	6.5B	1.9B	-3.00%	-53.18%	17.59	3.49	4.69%	6.86%
BDC	3.4B	2.5B	-9.66%	7.09%	14.11	1.36	-3.62%	-4.73%
LITE	2.8B	1.4B	-13.26%	-12.34%	-10.62	1.97	-21.40%	-1031.82%
SMALL-CAP
EXTR	1.5B	1.3B	-1.14%	-30.64%	18.61	1.11	14.09%	64.56%
AAOI	409.3M	217.6M	-26.25%	416.99%	-7.3	1.88	-2.32%	15.59%
ADTN	350.5M	1.1B	-12.12%	-49.50%	-1.31	0.31	12.05%	-13041.29%
ALOT	135.0M	148.1M	-2.13%	23.67%	28.75	0.91	3.90%	76.40%
AIRG	57.7M	56.0M	1.65%	-4.66%	-4.64	1.03	-26.16%	-43.53%
AKTS	53.2M	29.7M	5.56%	-80.34%	-0.77	1.79	39.86%	-13.06%

Red Cat Holdings Inc. News

Latest updates

Red Cat Holdings Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q2	2019Q1	2018Q4	2018Q3
Revenue	48.8%	5,848	3,931	1,748	6,370	1,668	748	1,127	1,312	1,857	1,863	1,397	1,877	2,146	428	548	369	35.00	96.00	67.00	38.00	58.00
Gross Profit	-8.2%	1,102	1,201	175	-445	-96.93	124	82.00	331	340	153	102	299	570	99.00	102	76.00	18.00	-	-32.44	-116	-81.83
Costs and Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37.00	149	140
Operating Expenses	-3.7%	5,549	5,760	5,188	11,667	5,087	6,475	3,561	5,730	3,503	2,913	1,782	3,155	1,717	589	485	714	457	-	132	435	325
S&GA Expenses	-2.3%	1,427	1,460	1,443	2,343	1,398	1,815	1,062	2,285	1,337	1,051	876	350	499	250	180	466	212	30.00	-	-	-
R&D Expenses	6.9%	2,125	1,988	1,138	2,310	1,222	1,267	450	1,057	811	493	244	174	168	87.00	87.00	133	95.00	146	-	-	-
EBITDA Margin	-10.5%	0.03*	0.04*	0.05*	0.04*	0.04*	0.04*	0.02*	0.02*	0.18*	0.16*	0.20*	0.24*	-0.01*	-	-	-	-	-	-	-	-
Interest Expenses	-21.3%	16.00	20.00	22.00	25.00	29.00	32.00	36.00	38.00	47.00	46.00	17.00	1,213	-	-	-	-	-	121	-121	-116	-117
Income Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBT Margin	18.2%	0.00*	-0.01*	-0.01*	-0.01*	-0.01*	-0.01*	-0.01*	-0.01*	-0.01*	-0.01*	-0.01*	-0.01*	-0.02*	-	-	-	-	-	-	-	-
Net Income	3.4%	-5,488	-5,681	-5,810	-11,365	-5,666	-6,244	-3,811	-4,825	-2,564	-2,740	-1,557	-3,146	-8,984	-722	-383	-	-438	-275	-288	-	-
Net Income Margin	23.8%	-1.58*	-2.08*	-3.17*	-3.17*	-3.27*	-3.46*	-2.26*	-1.82*	-1.43*	-2.26*	-2.46*	-2.65*	-0.46*	-1.16*	-	-	-	-	-	-	-
Free Cashflow	4.6%	-4,114	-4,314	-6,929	-7,807	-11,870	-5,715	-3,817	-3,983	-3,474	-4,497	-4,076	-484	-351	-338	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q2
Assets	9.3%	55,317	50,607	54,151	60,193	71,093	75,044	80,969	85,079	90,385	93,374	83,398	11,693	12,083	3,140	2,679	2,808	3,110	383	536	598	603
Current Assets	20.1%	27,942	23,263	26,523	32,175	40,528	44,817	51,176	55,653	61,249	64,629	69,728	1,640	1,998	651	190	318	617	290	401	510	603
Cash Equivalents	452.8%	7,824	1,415	953	3,260	3,893	1,583	6,245	4,085	7,112	11,560	66,119	277	472	480	56.00	237	443	265	330	390	503
Inventory	-1.8%	9,093	9,256	9,376	8,921	9,294	6,560	4,585	3,896	2,340	1,986	885	362	708	170	134	79.00	123	-	-	-	-
Net PPE	-3.5%	2,478	2,568	2,554	2,650	2,078	1,701	1,028	512	263	142	-	-	-	-	-	-	-	-	3.00	76.00	-
Goodwill	0%	17,013	17,013	17,013	17,013	19,840	19,840	25,139	25,139	26,030	26,030	11,651	8,017	9,449	2,466	2,466	2,466	2,469	93.00	133	13.00	-
Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	223	173	105	791
Current Liabilities	18.7%	5,228	4,405	3,578	4,761	5,140	4,521	4,554	5,439	5,132	5,848	4,557	4,674	10,897	1,989	977	829	817	223	173	105	791
Short Term Borrowings	-5.6%	900	954	936	922	909	895	882	957	1,128	1,338	-	269	-	-	-	-	-	-	-	-	-
Long Term Debt	-100.0%	-	91.00	250	402	550	695	836	974	1,339	1,432	-	-	79.00	18.00	450	450	450	-	-	-	-
LT Debt, Non Current	-100.0%	-	91.00	250	402	550	695	836	974	1,339	1,432	-	-	79.00	18.00	450	450	450	-	-	-	-
Shareholder's Equity	8.1%	49,573	45,875	49,993	54,610	64,893	69,227	74,909	77,916	83,340	85,535	77,221	5,266	-	1,133	1,253	1,529	1,843	160	364	493	-
Retained Earnings	-8.3%	-71,567	-66,078	-60,397	-54,586	-43,221	-37,555	-31,310	-27,499	-22,673	-20,108	-17,367	-15,809	-12,663	-3,679	-2,957	-2,573	-1,948	-1,509	-1,293	-1,163	-971
Additional Paid-In Capital	8.0%	121,061	112,103	110,905	109,993	109,192	108,407	107,493	106,821	105,948	105,578	94,527	21,026	11,961	4,752	4,151	4,044	3,732	1,610	1,598	1,122	784
Shares Outstanding	33.3%	74,171	55,650	55,542	54,568	54,385	54,230	53,818	53,749	53,638	53,685	48,489	29,431	22,162	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	44,888	-	-	-	104,347	-	-	-	107,392	-	-	-	7,427	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q2
Cashflow From Operations	4.6%	-4,114	-4,314	-6,926	-12,393	-7,278	-5,712	-3,814	-3,980	-3,471	-4,494	-4,073	-481	-348	-335	-232	-106	-288	-217	-197	-	-
Share Based Compensation	-51.0%	586	1,196	912	866	789	1,247	755	1,225	782	900	384	2,320	854	107	107	-	149	12.00	-	-	-
Cashflow From Investing	-50.3%	2,576	5,182	4,883	7,294	10,335	4,301	7,660	1,911	-386	-48,141	14.00	-	-	-	-	-	22.00	-	25.00	-	-
Cashflow From Financing	6003.0%	8,246	-139	-146	-122	-164	-243	-685	-957	-590	-1,922	69,901	288	389	760	52.00	-99.26	446	34.00	118	-	-

RCAT Income Statement

2024-01-31

Consolidated Statements Of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Jan. 31, 2024	Jan. 31, 2023	Jan. 31, 2024	Jan. 31, 2023
Income Statement [Abstract]
Revenues	$ 5,847,933	$ 1,667,683	$ 11,526,930	$ 3,541,846
Cost of goods sold	4,746,282	1,764,612	9,050,032	3,432,804
Gross Margin	1,101,651	(96,929)	2,476,898	109,042
Operating Expenses
Operations	527,447	663,668	1,675,795	3,131,789
Research and development	2,125,268	1,221,738	5,251,285	2,938,658
Sales and marketing	883,982	1,015,412	2,546,380	1,986,121
General and administrative	1,426,531	1,397,667	4,329,760	4,275,385
Stock based compensation	585,771	788,691	2,693,702	2,790,958
Total operating expenses	5,548,999	5,087,176	16,496,922	15,122,911
Operating loss	(4,447,348)	(5,184,105)	(14,020,024)	(15,013,869)
Other (income) expense
Change in fair value of derivative liability	(113,819)	(157,575)	(302,821)	(751,397)
Investment loss (income), net	160,340	(65,110)	733,697	(257,244)
Interest expense	15,507	28,667	57,060	96,839
Other, net	(320,043)	345,836	330,965	657,040
Other (income) expense	(258,015)	151,818	818,901	(254,762)
Net loss from continuing operations	(4,189,333)	(5,335,923)	(14,838,925)	(14,759,107)
Loss from discontinued operations	(1,299,205)	(330,079)	(2,141,289)	(962,971)
Net loss	$ (5,488,538)	$ (5,666,002)	$ (16,980,214)	$ (15,722,078)
Loss per share - basic and diluted
Continuing operations	$ (0.08)	$ (0.09)	$ (0.27)	$ (0.27)
Discontinued operations	$ (0.02)	$ (0.01)	$ (0.04)	$ (0.02)
Weighted average shares outstanding - basic and diluted	55,688,114	54,294,116	55,409,930	54,050,127

RCAT Balance Sheet

2024-01-31

Consolidated Balance Sheets (Unaudited) - USD ($)	Jan. 31, 2024	Apr. 30, 2023
Current assets
Cash	$ 7,697,335	$ 3,173,649
Marketable securities		12,814,038
Accounts receivable, net	5,091,724	719,862
Inventory	9,093,270	8,920,573
Other	2,798,293	1,263,735
Current assets of discontinued operations	3,261,136	5,283,155
Total current assets	27,941,758	32,175,012
Goodwill	17,012,832	17,012,832
Intangible assets, net	6,672,235	7,323,004
Property and equipment, net	2,477,601	2,650,358
Other	303,180	303,180
Operating lease right-of-use assets	453,416	620,307
Long-term assets of discontinued operations	456,177	108,397
Total long-term assets	27,375,441	28,018,078
TOTAL ASSETS	55,317,199	60,193,090
Current liabilities
Accounts payable	2,281,874	1,392,550
Accrued expenses	936,625	409,439
Debt obligations - short term	899,935	922,138
Customer deposits	52,296	155,986
Operating lease liabilities	297,435	281,797
Warrant derivative liability	285,384	588,205
Current liabilities of discontinued operations	474,439	1,010,501
Total current liabilities	5,227,988	4,760,616
Operating lease liabilities	194,727	379,466
Debt obligations - long term		401,569
Long-term liabilities of discontinued operations	321,771	41,814
Total long-term liabilities	516,498	822,849
Stockholders' equity
Series B preferred stock - shares authorized 4,300,000; outstanding 4,676 and 986,676	47	9,867
Common stock - shares authorized 500,000,000; outstanding 74,171,106 and 54,568,065	74,171	54,568
Additional paid-in capital	121,060,881	109,993,100
Accumulated deficit	(71,567,007)	(54,586,793)
Accumulated other comprehensive loss	4,621	(861,117)
Total stockholders' equity	49,572,713	54,609,625
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 55,317,199	$ 60,193,090

About Red Cat Holdings Inc.

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.

CEO	Mr. Jeffrey M. Thompson
WEBSITE	redcatholdings.com
INDUSTRY	Computer Hardware
EMPLOYEES	76

Red Cat Holdings Inc. Frequently Asked Questions

What is the ticker symbol for Red Cat Holdings Inc.? What does RCAT stand for in stocks?

RCAT is the stock ticker symbol of Red Cat Holdings Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Red Cat Holdings Inc. (RCAT)?

As of Thu Apr 25 2024, market cap of Red Cat Holdings Inc. is 108.45 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RCAT stock?

You can check RCAT's fair value in chart for subscribers.

What is the fair value of RCAT stock?

You can check RCAT's fair value in chart for subscribers. The fair value of Red Cat Holdings Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Red Cat Holdings Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RCAT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Red Cat Holdings Inc. a good stock to buy?

The fair value guage provides a quick view whether RCAT is over valued or under valued. Whether Red Cat Holdings Inc. is cheap or expensive depends on the assumptions which impact Red Cat Holdings Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RCAT.

What is Red Cat Holdings Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, RCAT's PE ratio (Price to Earnings) is -3.83 and Price to Sales (PS) ratio is 6.06. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RCAT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Red Cat Holdings Inc.'s stock?

In the past 10 years, Red Cat Holdings Inc. has provided -0.59 (multiply by 100 for percentage) rate of return.