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.) (Jul 2021)14(+40%)
Revenue (FY, 2021)$5 M(+1138%)
Share Price (Sept 2021)$2.2
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
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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 $5 m in FY, 2021
USD

Revenue (FY, 2021)

5.0m

Gross profit (FY, 2021)

1.1m

Gross profit margin (FY, 2021), %

21.4%

Net income (FY, 2021)

(13.2m)

Market capitalization (23-Sept-2021)

119.2m

Closing stock price (23-Sept-2021)

2.2

Cash (30-Apr-2021)

277.3k

EV

119.2m
Red Cat's current market capitalization is $119.2 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2017FY, 2018FY, 2020FY, 2021

Revenue

7.6k8.5k42.1k59.4k933.0105.1k403.9k5.0m

Revenue growth, %

397%41%

Cost of goods sold

20.1k49.8k280.0325.4k3.9m

Gross profit

22.0k9.6k653.078.6k1.1m
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, 2020FY, 2021

Cash

12.0k107.6k7.0k923.06.6k225.4k559.2k5.8k236.7k277.3k

Accounts Receivable

135.0k624.0624.038.0938.0321.7k

Prepaid Expenses

131.3k20.6k

Inventories

37.9k78.7k362.1k
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, 2020FY, 2021

Net Income

(84.7k)851.9k158.4k(7.4m)(3.5m)(3.4m)1.1m(1.6m)(13.2m)

Depreciation and Amortization

20.6k5.1k12.3k12.6k154.7k36.8k

Inventories

(48.8k)60.0k

Accounts Payable

10.2k(60.6k)(36.9k)43.2k(31.0k)(13.2k)314.1k(5.5k)68.1k13.8k
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
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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 Appoints Geoffrey Hitchcock as Senior Vice President of Global Defense Solutions

HUMACAO, Puerto Rico, Sept. 2, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, announces the appointment of Geoffrey Hitchcock as its Senior Vice President of Global Defense Solutions. In...

Red Cat Holdings Closes Acquisition of Teal Drones

HUMACAO, Puerto Rico, Sept. 1, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware-enabled software provider to the drone industry, announces the closing of its acquisition of Teal Drones ("Teal"), a leader in commercial and government...

Red Cat Holdings to Present at the H.C. Wainwright 23rd Annual Global Investment Virtual Conference

HUMACAO, Puerto Rico, Aug. 27, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (NASDAQ: RCAT) ("Red Cat'' or the "Company"), announces today that Chief Executive Officer Jeffrey Thompson will present at the 23rd Annual H.C. Wainwright Global Investment Conference, which is being held...

Red Cat Holdings, Inc. Announces Pricing of Public Offering

HUMACAO, Puerto Rico, July 18, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (NASDAQ: RCAT) ("Red Cat" or the "Company") a technology provider to the drone industry, today announced the pricing of its underwritten public offering of 13,333,334 shares of its common stock at a public offering...

Red Cat Holdings to Acquire Teal Drones

HUMACAO, Puerto Rico, July 13, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a technology provider to the drone industry, announced today that it has signed a definitive agreement to acquire Teal Drones, a leader in commercial and government...

Red Cat Holdings set to join Russell Microcap® Index in June 2021

HUMACAO, Puerto Rico, June 8, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a hardware enabled software provider to the drone industry, announced that it has been selected to join the Russell Microcap® Index at the conclusion of the 2021 annual...
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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 14 employees.

  • What is Red Cat revenue?

    Latest Red Cat annual revenue is $5 m.

  • What is Red Cat revenue per employee?

    Latest Red Cat revenue per employee is $357.1 k.

  • Who are Red Cat competitors?

    Competitors of Red Cat include CareChain, Quadrant and Arweave.

  • 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.