OverviewSuggest Edit

Red Cat (formerly known as TimeFire VR) is a provider of blockchain-based distributed storage, analytics and SaaS for the drone industry. The company offers solutions for regulators to track and review flight data, insurance companies to insure drones, and pilots to become compliant with regulations.

TypePublic
Founded2016
HQSan Juan, PR
Websiteredcatpropware.com

Latest Updates

Employees (est.) (Aug 2020)31
Revenue (FY, 2020)$403.9 K(+285%)
Share Price (Oct 2020)$1.1 (-10%)
Cybersecurity ratingAMore

Key People/Management at Red Cat

Jeff Thompson

Jeff Thompson

CEO & Founder
Nestor Morales

Nestor Morales

Director of Technology
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Red Cat Office Locations

Red Cat has an office in San Juan
San Juan, PR (HQ)
1607 Avenida Juan Ponce de León
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 (FY, 2020)

403.9k

Gross profit (FY, 2020)

78.6k

Gross profit margin (FY, 2020), %

19.4%

Net income (FY, 2020)

(1.6m)

EBIT (FY, 2020)

(1.7m)

Market capitalization (16-Oct-2020)

21.3m

Closing stock price (16-Oct-2020)

1.1

Cash (30-Apr-2020)

236.7k

EV

21.6m
Red Cat's current market capitalization is $21.3 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, 2020

Revenue

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

Cost of goods sold

4.6k18.2k24.7k1.9k18.4k146.0102.016.2k

Gross profit

4.6k1.5k12.2k654.0342.0238.018.3k

Gross profit Margin, %

20%6%86%3%70%70%53%
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, 2020

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Inventories

25.0k123.3k
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, 2020

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)

Depreciation and Amortization

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

Inventories

33.8k(975.0)12.9k(4.1k)

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)45.0k40.0k38.2k
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 to Acquire Fat Shark Expands Presence in the First-Person View (FPV) Drone Business

ORLANDO, Fla., Oct. 5, 2020 /PRNewswire/ -- Red Cat Holdings, Inc. (RCAT:OTC) today announced the signing of a definitive agreement to acquire Fat Shark Holdings, the market leader in FPV headsets. The transaction, subject to customary conditions, is expected to close on or before...

Drone Sales Surge for Red Cat Holdings

ORLANDO, Fla., June 22, 2020 /PRNewswire/ -- Red Cat Holdings, Inc., a Nevada corporation (the "Company" or "Red Cat") (OTC Pink: RCAT), a provider of products and solutions to the drone industry, announced today that its Rotor Riot eCommerce store has experienced high growth since Red...

TimefireVR announces grand opening of Hypatia, a virtual reality city and playground

Phoenix, Arizona-based TimefireVR Inc. announced today the grand opening of its persistent virtual reality city and playground called Hypatia for VR platforms where users will find themselves immersed in a shared world and surrounded by the bustle of city life and virtual entertainment. Starting to…

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 and Nestor Morales.

  • How many employees does Red Cat have?

    Red Cat has 31 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 $13 k.

  • Who are Red Cat competitors?

    Competitors of Red Cat include BaishanCloud, Kaminario and Airspace Link.

  • Where is Red Cat headquarters?

    Red Cat headquarters is located at 1607 Avenida Juan Ponce de León, San Juan.

  • Where are Red Cat offices?

    Red Cat has an office in San Juan.

  • How many offices does Red Cat have?

    Red Cat has 1 office.