Red Cat Holdings Past Earnings Performance
Past criteria checks 0/6
Red Cat Holdings's earnings have been declining at an average annual rate of -47%, while the Electronic industry saw earnings growing at 14.2% annually. Revenues have been growing at an average rate of 54.7% per year.
Key information
-47.0%
Earnings growth rate
78.7%
EPS growth rate
| Electronic Industry Growth | 15.3% |
| Revenue growth rate | 54.7% |
| Return on equity | -49.4% |
| Net Margin | -120.7% |
| Next Earnings Update | 23 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Red Cat Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Apr 24 | 18 | -22 | 16 | 6 |
| 31 Jan 24 | 18 | -27 | 18 | 8 |
| 31 Oct 23 | 14 | -28 | 18 | 7 |
| 31 Jul 23 | 11 | -29 | 19 | 7 |
| 30 Apr 23 | 5 | -26 | 16 | 6 |
| 31 Jan 23 | 5 | -20 | 16 | 5 |
| 31 Oct 22 | 5 | -17 | 15 | 4 |
| 31 Jul 22 | 6 | -14 | 12 | 3 |
| 30 Apr 22 | 6 | -12 | 11 | 3 |
| 31 Jan 22 | 7 | -10 | 8 | 3 |
| 31 Oct 21 | 7 | -16 | 7 | 2 |
| 31 Jul 21 | 6 | -14 | 5 | 2 |
| 30 Apr 21 | 5 | -13 | 4 | 2 |
| 31 Jan 21 | 3 | -11 | 3 | 1 |
| 31 Oct 20 | 1 | -2 | 2 | 0 |
| 31 Jul 20 | 1 | -2 | 1 | 0 |
| 30 Apr 20 | 0 | -2 | 1 | 1 |
| 31 Jan 20 | 0 | -1 | 1 | 0 |
| 31 Oct 19 | 0 | -1 | 1 | 0 |
| 31 Jul 19 | 0 | -1 | 1 | 0 |
| 30 Apr 19 | 0 | -1 | 0 | 0 |
Quality Earnings: RCAT is currently unprofitable.
Growing Profit Margin: RCAT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RCAT is unprofitable, and losses have increased over the past 5 years at a rate of 47% per year.
Accelerating Growth: Unable to compare RCAT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RCAT is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-9.3%).
Return on Equity
High ROE: RCAT has a negative Return on Equity (-49.41%), as it is currently unprofitable.