Red Cat Holdings (RCAT) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
17.8M
Gross Profit
3.7M
20.64%
Operating Income
-18.9M
-105.89%
Net Income
-24.1M
-134.85%
EPS (Diluted)
-$0.40
Balance Sheet Metrics
Total Assets
48.5M
Total Liabilities
5.0M
Shareholders Equity
43.6M
Debt to Equity
0.11
Cash Flow Metrics
Operating Cash Flow
-31.5M
Free Cash Flow
-18.0M
Revenue & Profitability Trend
Red Cat Holdings Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 17.8M | 4.6M | 6.4M | 5.0M | 403.9K |
| Cost of Goods Sold | 14.2M | 5.5M | 5.5M | 3.9M | 325.4K |
| Gross Profit | 3.7M | -834.3K | 925.5K | 1.1M | 78.6K |
| Operating Expenses | 22.6M | 26.1M | 13.9M | 5.9M | 1.7M |
| Operating Income | -18.9M | -22.5M | -13.0M | -4.9M | -1.6M |
| Pre-tax Income | -21.5M | -26.4M | -11.7M | -13.2M | -1.6M |
| Income Tax | - | - | - | - | 0 |
| Net Income | -24.1M | -28.1M | -11.7M | -13.2M | -1.6M |
| EPS (Diluted) | -$0.40 | -$0.52 | -$0.24 | -$0.56 | -$0.12 |
Income Statement Trend
Red Cat Holdings Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 22.4M | 32.2M | 55.7M | 1.6M | 318.3K |
| Non-Current Assets | 26.1M | 28.6M | 29.4M | 10.1M | 2.5M |
| Total Assets | 48.5M | 60.7M | 85.1M | 11.7M | 2.8M |
| Liabilities | |||||
| Current Liabilities | 3.7M | 4.1M | 5.4M | 4.7M | 829.3K |
| Non-Current Liabilities | 1.3M | 1.9M | 1.7M | 1.8M | 450.0K |
| Total Liabilities | 5.0M | 6.0M | 7.2M | 6.4M | 1.3M |
| Equity | |||||
| Total Shareholders Equity | 43.6M | 54.8M | 77.9M | 5.3M | 1.5M |
Balance Sheet Composition
Red Cat Holdings Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -24.1M | -26.4M | -11.7M | -13.2M | -1.6M |
| Operating Cash Flow | -31.5M | -26.8M | -14.6M | -9.1M | -722.8K |
| Investing Activities | |||||
| Capital Expenditures | -259.1K | -2.5M | -363.7K | 0 | - |
| Investing Cash Flow | 13.6M | 29.6M | -46.6M | -48.4K | 46.3K |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | 7.8M | -1.2M | 66.3M | 1.3M | 255.2K |
| Free Cash Flow | -18.0M | -26.8M | -16.4M | -1.4M | -811.6K |
Cash Flow Trend
Red Cat Holdings Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
-25.68
Forward P/E
-60.76
Price to Book
30.47
Price to Sales
443.77
PEG Ratio
-60.76
Profitability Ratios
Profit Margin
20.64%
Operating Margin
-765.69%
Return on Equity
-55.21%
Return on Assets
-49.55%
Financial Health
Current Ratio
1.02
Debt to Equity
96.20
Beta
0.76
Per Share Data
EPS (TTM)
-$0.51
Book Value per Share
$0.34
Revenue per Share
$0.03
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| rcat | 1.0B | -25.68 | 30.47 | -55.21% | 20.64% | 96.20 |
| Arista Networks | 136.4B | 45.81 | 13.48 | 33.68% | 40.72% | 0.00 |
| Dell Technologies | 86.1B | 19.88 | -29.02 | -331.07% | 4.72% | -9.80 |
| Rigetti Computing | 1.2B | - | 6.04 | -85.28% | 52.80% | 4.06 |
| Cricut | 1.1B | 16.77 | 2.25 | 12.87% | 9.48% | 2.96 |
| Corsair Gaming | 1.0B | 359.67 | 1.67 | -12.60% | -6.23% | 34.67 |
Financial data is updated regularly. All figures are in the company's reporting currency.