OverviewSuggest Edit

Red Cat (formerly TimeFire VR) is a provider of products, services and solutions to the drone industry. It operates in two sectors of the drone industry. Rotor Riot designs and sells drones and related components, primarily focused on the First Person View sector. FPV provides the operator with a visual experience, using goggles, that simulates being in the cockpit of the drone. Rotor Riot is focused on the consumer market and sells its products through its e-commerce platform. The company also develops software solutions to provide secure cloud-based analytics, storage and services for the drone industry. Its initial product candidate is Dronebox, a blockchain technology that records, stores and analyzes flight data and information from a drone, much like the “black box” utilized by the airline industry.

TypePublic
Founded2016
HQHumacao, PR
Websiteredcatholdings.com

Latest Updates

Employees (est.) (Aug 2020)10(+900%)
Revenue (FY, 2020)$403.9 K(+285%)
Share Price (Jun 2021)$2.4(-4%)
Cybersecurity ratingAMore

Key People/Management at Red Cat

Jeff Thompson

Jeff Thompson

CEO, Chairman
Joseph Hernon

Joseph Hernon

CFO
Alan Evans

Alan Evans

President, FAT SHARK
Chad Kapper

Chad Kapper

President, ROTOR RIOT
Giuseppe Santangelo

Giuseppe Santangelo

President, SKYPERSONIC
Show more

Red Cat Office Locations

Red Cat has an office in Humacao
Humacao, PR (HQ)
370 Harbour Dr
Show all (1)

Red Cat Financials and Metrics

Red Cat Revenue

Red Cat's revenue was reported to be $403.94 k in FY, 2020
USD

Revenue (Q3, 2021)

2.1m

Gross profit (Q3, 2021)

569.7k

Gross profit margin (Q3, 2021), %

26.5%

Net income (Q3, 2021)

(9.0m)

Market capitalization (4-Jun-2021)

65.4m

Closing stock price (4-Jun-2021)

2.4

Cash (31-Jan-2021)

471.7k

EV

65.1m
Red Cat's current market capitalization is $65.4 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2017FY, 2018FY, 2020

Revenue

7.6k8.5k42.1k59.4k933.0105.1k403.9k

Revenue growth, %

397%41%

Cost of goods sold

20.1k49.8k280.0325.4k

Gross profit

22.0k9.6k653.078.6k
Quarterly
USDQ3, 2011Q2, 2012Q3, 2012Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q3, 2020Q2, 2021Q3, 2021

Revenue

21.9k7.8k13.1k22.8k15.4k25.5k26.1k14.2k19.1k488.0340.08.9k58.4k4.8k34.5k427.8k2.1m

Cost of goods sold

4.6k18.2k24.7k1.9k18.4k146.0102.016.2k328.8k1.6m

Gross profit

4.6k1.5k12.2k654.0342.0238.018.3k99.1k569.7k

Gross profit Margin, %

20%6%86%3%70%70%53%23%27%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2020

Cash

12.0k107.6k7.0k923.06.6k225.4k559.2k5.8k236.7k

Accounts Receivable

135.0k624.0624.038.0938.0

Prepaid Expenses

131.3k20.6k

Inventories

37.9k78.7k
Quarterly
USDQ3, 2011Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2020Q3, 2020Q2, 2021Q3, 2021

Cash

898.065.5k23.0k51.2k13.6k7.2k6.4k2.5k13.0k1.4k9.7k774.4k311.2k10.2k2.0k1.2m185.1k13.6k8.9k264.5k442.9k480.1k471.7k

Accounts Receivable

37.4k23.6k44.0624.0624.0624.0341.086.0280.03.4k1.5k28.5k312.4k

Prepaid Expenses

3.4k3.4k183.8k157.5k189.3k207.2k178.0k14.5k25.0k

Inventories

25.0k123.3k170.5k708.0k
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2020

Net Income

(84.7k)851.9k158.4k(7.4m)(3.5m)(3.4m)1.1m(1.6m)

Depreciation and Amortization

20.6k5.1k12.3k12.6k154.7k

Inventories

(48.8k)

Accounts Payable

10.2k(60.6k)(36.9k)43.2k(31.0k)(13.2k)314.1k(5.5k)68.1k
Quarterly
USDQ2, 2012Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2020Q3, 2020Q2, 2021Q3, 2021

Net Income

956.9k(27.6k)(100.0k)(16.5k)(68.0k)(255.1k)(58.1k)(120.5k)(2.5m)(44.7k)(93.3k)(773.1k)1.4m1.9m1.6m(288.5k)(537.6k)(976.2k)(1.1m)(10.1m)

Depreciation and Amortization

10.3k15.5k5.2k10.3k12.2k5.2k10.3k9.1k3.2k6.3k9.5k868.021.1k84.4k37.2k5.6k

Inventories

33.8k(975.0)12.9k(4.1k)91.8k406.0k

Accounts Payable

(41.9k)(18.9k)80.0k122.6k149.6k(30.6k)(61.0k)(56.7k)2.4k24.1k(31.1k)91.2k254.9k258.9k(71.2k)(94.8k)(50.3k)45.0k40.0k38.2k106.0k345.2k
USDQ3, 2011

Debt/Equity

-0.7 x

Debt/Assets

14.4 x
Show all financial metrics

Red Cat Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Red Cat Online and Social Media Presence

Embed Graph

Red Cat News and Updates

Red Cat Holdings Announces Appointment Of Allan Evans As Chief Operating Officer

HUMACAO, Puerto Rico, June 4, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware enabled software provider to the drone industry, announced that Dr. Allan Evans, Chief Executive Officer of Fat Shark Holdings, Ltd. ("Fat Shark"), a wholly...

Red Cat Holdings Announces Issuance Of U.S. Patent On Drone Positioning System

HUMACAO, Puerto Rico, April 12, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (OTCQB:RCAT), a leading brand in the drone industry, reports that the U.S. Patent and Trademark Office issued U.S. Patent No. 10,877,162 on December 29, 2020 to Skypersonic Inc. Red Cat previously announced the...

Red Cat Reports Record Revenues For Fiscal Third Quarter

HUMACAO, Puerto Rico, April 6, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (OTCQB: RCAT) ("Red Cat" or the "Company"), a leading brand in the drone industry, reviewed its recently reported financial results for its fiscal third quarter which included record quarterly revenues. "We are...

Red Cat Receives Notice of Patent Issuance Supporting Commercial Product Portfolio

ORLANDO, Fla., Feb. 26, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (OTCQB: RCAT) ("Red Cat" or the "Company"), a leading brand in the drone industry, announced that its wholly owned subsidiary, Fat Shark Holdings, has received notice that the US Patent Office has approved its patent...

Red Cat Signs Definitive Agreement to Acquire Skypersonic and its "Fly Anywhere" Drone Technologies

ORLANDO, Fla., Feb. 16, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (OTC: RCAT) ("Red Cat" or the "Company"), a leading brand in the drone industry, announced the signing of a definitive agreement to acquire Skypersonic, Inc., a provider of drone products and software solutions that...

Red Cat Holdings Files Application for Listing on NASDAQ Capital Market

ORLANDO, Fla., Jan. 19, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (OTCQB: RCAT) ("Red Cat" or the "Company"), a leading brand in the drone industry, announced the filing of an application to list its common shares on the NASDAQ Capital Market ("NASDAQ"). NASDAQ is the second largest...
Show more

Red Cat Frequently Asked Questions

  • When was Red Cat founded?

    Red Cat was founded in 2016.

  • Who are Red Cat key executives?

    Red Cat's key executives are Jeff Thompson, Joseph Hernon and Alan Evans.

  • How many employees does Red Cat have?

    Red Cat has 10 employees.

  • What is Red Cat revenue?

    Latest Red Cat annual revenue is $403.9 k.

  • What is Red Cat revenue per employee?

    Latest Red Cat revenue per employee is $40.4 k.

  • Who are Red Cat competitors?

    Competitors of Red Cat include BaishanCloud, ViON and Alphaserve.

  • Where is Red Cat headquarters?

    Red Cat headquarters is located at 370 Harbour Dr, Humacao.

  • Where are Red Cat offices?

    Red Cat has an office in Humacao.

  • How many offices does Red Cat have?

    Red Cat has 1 office.