Red Cat Holdings Future Growth

Future criteria checks 2/6

Red Cat Holdings is forecast to grow earnings and revenue by 71.6% and 61.1% per annum respectively while EPS is expected to grow by 87.3% per annum.

Key information

71.6%

Earnings growth rate

87.3%

EPS growth rate

Electronic earnings growth	12.9%
Revenue growth rate	61.1%
Future return on equity	n/a
Analyst coverage	Low
Last updated	20 Feb 2024

Recent future growth updates

Recent updates

Red Cat Holdings GAAP EPS of -$0.07 misses by $0.04, revenue of $3.07M beats by $0.42M

Sep 12

Red Cat Holdings Prepares For Golden Eagle Drone Demand Jump

Jun 21

Is Red Cat Holdings (NASDAQ:RCAT) Using Too Much Debt?

May 19

Earnings and Revenue Growth Forecasts

NasdaqCM:RCAT - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
4/30/2025	35	-9	N/A	N/A	1
4/30/2024	18	-17	N/A	N/A	1
1/31/2024	18	-27	-25	-24	N/A
10/31/2023	14	-28	-29	-27	N/A
7/31/2023	11	-29	-34	-32	N/A
4/30/2023	10	-27	-32	-29	N/A
1/31/2023	5	-20	-27	-25	N/A
10/31/2022	5	-17	-23	-21	N/A
7/31/2022	6	-14	-18	-17	N/A
4/30/2022	6	-12	-16	-16	N/A
1/31/2022	7	-10	-13	-13	N/A
10/31/2021	7	-16	-9	-9	N/A
7/31/2021	6	-14	-5	-5	N/A
4/30/2021	5	-13	-1	-1	N/A
1/31/2021	3	-11	-1	-1	N/A
10/31/2020	1	-2	-1	-1	N/A
7/31/2020	1	-2	-1	-1	N/A
4/30/2020	0	-2	-1	-1	N/A
1/31/2020	0	-1	-1	-1	N/A
10/31/2019	N/A	-1	-1	-1	N/A
7/31/2019	N/A	-1	-1	-1	N/A
4/30/2019	N/A	-1	-1	-1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RCAT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: RCAT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: RCAT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: RCAT's revenue (61.1% per year) is forecast to grow faster than the US market (8.1% per year).

High Growth Revenue: RCAT's revenue (61.1% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if RCAT's Return on Equity is forecast to be high in 3 years time

Red Cat Holdings Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Red Cat Holdings, Inc. Provides Revenue Guidance for Three Months Ending April 30, 2024

Red Cat Holdings, Inc. Reiterates Revenue Guidance for the Third Quarter of Fiscal Year 2024

Red Cat Holdings, Inc. Provides Revenue Guidance for the Fiscal Second Quarter Ending October 31, 2023 and Third Quarter Ending January 31, 2024

Forecast to breakeven in 2023

Forecast to breakeven in 2023

Recent updates

General (R) Paul Edward Funk II Joins Board of Directors of Red Cat Holdings, Inc

Red Cat Holdings, Inc. to Report Q3, 2024 Results on Mar 18, 2024

Red Cat Holdings, Inc. Provides Revenue Guidance for Three Months Ending April 30, 2024

Red Cat Holdings, Inc. Continues Global Expansion Efforts with Introduction to Middle East Market

Red Cat Holdings, Inc. Reiterates Revenue Guidance for the Third Quarter of Fiscal Year 2024

Red Cat Holdings, Inc. to Report Q2, 2024 Results on Dec 15, 2023

Red Cat Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $8 million.

Red Cat Holdings, Inc. has filed a Follow-on Equity Offering.

Red Cat Holdings Receives Non-Compliance Notice From Nasdaq

Red Cat Holdings, Inc. Announces Management Changes

Red Cat Holdings, Inc. Provides Revenue Guidance for the Fiscal Second Quarter Ending October 31, 2023 and Third Quarter Ending January 31, 2024

Red Cat Holdings, Inc. announced delayed 10-Q filing

Red Cat Holdings, Inc. to Report Q1, 2024 Results on Sep 19, 2023

Red Cat Holdings, Inc.'S Teal 2 sUAS Receives Remote Id Certification from Federal Aviation Administration

Red Cat Holdings, Inc. Announces Resignation of Mary Beth Long as Director

Red Cat Holdings, Inc. to Report Fiscal Year 2023 Results on Jul 27, 2023

Red Cat Holdings, Inc. Receives DoD "Blue UAS" Approval for New Teal 2 sUAS to Be Added to Cleared List

Red Cat Holdings, Inc. Announces Compensation Committee Changes

Red Cat Holdings, Inc. to Report Q2, 2023 Results on Dec 15, 2022

Unusual Machines, Inc. entered into a Stock Purchase Agreement to acquire Fat Shark Holdings, LTD. and Rotor Riot LLC from Red Cat Holdings, Inc. (NasdaqCM:RCAT) for $18 million.

Red Cat Holdings, Inc. Appoints Mary Beth Long to its Board of Directors

Red Cat Holdings, Inc. Appoints Special Committee

Red Cat Holdings GAAP EPS of -$0.07 misses by $0.04, revenue of $3.07M beats by $0.42M

Red Cat Holdings, Inc. to Report Q1, 2023 Results on Sep 12, 2022

Red Cat Holdings, Inc. to Report Fiscal Year 2022 Results on Jul 27, 2022

Red Cat Holdings Announces Nasdaq Acceptance of Company’s Plan for Holding Annual Meeting of Shareholders

Red Cat Holdings Prepares For Golden Eagle Drone Demand Jump

Is Red Cat Holdings (NASDAQ:RCAT) Using Too Much Debt?

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

Red Cat Holdings, Inc. Announces Executive Changes

Red Cat Holdings, Inc. announced delayed 10-Q filing

Forecast to breakeven in 2023

High number of new and inexperienced directors

Red Cat Holdings, Inc. announced delayed 10-Q filing

Red Cat Holdings, Inc. (NasdaqCM:RCAT) completed the acquisition of Teal Drones, Inc.

Red Cat Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $60.000003 million.

Red Cat Holdings, Inc. (NasdaqCM:RCAT) entered into a definitive agreement to acquire Teal Drones, Inc.

Forecast to breakeven in 2023

Red Cat Holdings, Inc. (OTCPK:RCAT) completed the acquisition of a 97.46% stake in Skypersonic Inc.

Red Cat Holdings, Inc. (NasdaqCM:RCAT) signed a letter of intent to acquire Lugus Studios Bvba.

Red Cat Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $16 million.

Red Cat Holdings, Inc. announced delayed 10-Q filing

Red Cat Holdings, Inc. announced that it has received $0.5 million in funding

Red Cat Holdings, Inc. (OTCPK:RCAT) entered into a letter of intent to acquire Skypersonic Inc.

Red Cat Holdings, Inc. Partners with Skypersonic Completes Long Distance Drone Flight Remotely

Red Cat Holdings, Inc. announced delayed 10-Q filing

Red Cat Holdings, Inc. announced that it has received $0.6 million in funding

Red Cat Holdings, Inc. (OTCPK:RCAT) entered into a share purchase agreement to acquire Fat Shark Holdings, LTD. from Greg French for $7 million.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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