Red Cat Holdings, Inc.

NasdaqCM:RCAT Stock Report

Market Cap: US$861.7m

Red Cat Holdings Management

Management criteria checks 2/4

Red Cat Holdings' CEO is Jeff Thompson, appointed in Mar 2016, has a tenure of 8.75 years. total yearly compensation is $1.79M, comprised of 16.8% salary and 83.2% bonuses, including company stock and options. directly owns 15.33% of the company’s shares, worth $132.14M. The average tenure of the management team and the board of directors is 0.8 years and 3.4 years respectively.

Key information

Jeff Thompson

Chief executive officer

US$1.8m

Total compensation

CEO salary percentage16.8%
CEO tenure8.8yrs
CEO ownership15.3%
Management average tenureless than a year
Board average tenure3.4yrs

Recent management updates

Recent updates

Red Cat Holdings, Inc.'s (NASDAQ:RCAT) P/S Is Still On The Mark Following 75% Share Price Bounce

Dec 16
Red Cat Holdings, Inc.'s (NASDAQ:RCAT) P/S Is Still On The Mark Following 75% Share Price Bounce

Red Cat Holdings, Inc.'s (NASDAQ:RCAT) Price In Tune With Revenues

Jul 01
Red Cat Holdings, Inc.'s (NASDAQ:RCAT) Price In Tune With Revenues

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

CEO Compensation Analysis

How has Jeff Thompson's remuneration changed compared to Red Cat Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Oct 31 2024n/an/a

-US$36m

Jul 31 2024n/an/a

-US$28m

Apr 30 2024US$2mUS$300k

-US$22m

Jan 31 2024n/an/a

-US$27m

Oct 31 2023n/an/a

-US$28m

Jul 31 2023n/an/a

-US$28m

Apr 30 2023US$826kUS$300k

-US$26m

Jan 31 2023n/an/a

-US$20m

Oct 31 2022n/an/a

-US$17m

Jul 31 2022n/an/a

-US$14m

Apr 30 2022US$409kUS$255k

-US$12m

Jan 31 2022n/an/a

-US$10m

Oct 31 2021n/an/a

-US$16m

Jul 31 2021n/an/a

-US$14m

Apr 30 2021US$2mUS$160k

-US$13m

Jan 31 2021n/an/a

-US$11m

Oct 31 2020n/an/a

-US$2m

Jul 31 2020n/an/a

-US$2m

Apr 30 2020US$160kUS$160k

-US$2m

Compensation vs Market: Jeff's total compensation ($USD1.79M) is below average for companies of similar size in the US market ($USD3.30M).

Compensation vs Earnings: Jeff's compensation has increased whilst the company is unprofitable.


CEO

Jeff Thompson (60 yo)

8.8yrs

Tenure

US$1,790,497

Compensation

Mr. Jeffrey M. Thompson, also known as Jeff, is Director of Unusual Machines, Inc. since 2019 and is the Founder. He is Founder of Red Cat Holdings, Inc. and serves as its Chief Executive Officer since May...


Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Thompson
Founder8.8yrsUS$1.79m15.33%
$ 132.1m
Leah Lunger
CFO, Principal Financial Officer & Interim Principal Accounting Officerless than a yearUS$206.35k0.46%
$ 3.9m
Stan Nowak
Vice President of Marketingno datano datano data
Geoffrey Hitchcock
Chief Revenue Officerless than a yearno data0.10%
$ 893.7k

0.8yrs

Average Tenure

Experienced Management: RCAT's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Thompson
Founder5.6yrsUS$1.79m15.33%
$ 132.1m
Christopher Moe
Independent Director2.8yrsUS$190.55k0.17%
$ 1.5m
Joseph Freedman
Lead Independent Director3.9yrsUS$204.30k0.34%
$ 3.0m
Nicholas Liuzza
Independent Director5.5yrsUS$122.46k1.27%
$ 10.9m
Paul Funk
Independent Directorless than a yearUS$2.50kno data
Brett Velicovich
Member of Advisory Boardless than a yearno datano data

3.4yrs

Average Tenure

60yo

Average Age

Experienced Board: RCAT's board of directors are considered experienced (3.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:51
End of Day Share Price 2024/12/20 00:00
Earnings2024/10/31
Annual Earnings2024/04/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Red Cat Holdings, Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Glenn MattsonLadenburg Thalmann & Company
Ashok KumarThinkEquity LLC