Red Cat Holdings Inc is a Puerto Rico-based provider of products, services and solutions to the drone industry. The Company provides its services to the enterprise, military, and consumer markets via designing, developing, marketing, and drone software and products' sales. Red Cat's Golden Eagle drones are approved by the Department of Defense for reconnaissance, public safety, and inspection applications. The technology of Skypersonic Inc, a subsidiary of the Company enables drones to complete inspection services in locations where Global Positioning System (GPS) is not available, yet still record and transmit data even while being operated from thousands of miles away. The Company's offering also includes First Person View (FPV) video goggles that give pilots a better perspective to control their drone in flight. Red Cat Holdings Inc operates through several subsidiaries, including Teal Acquisition I Corp and Rotor Riot, LLC.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 177.44% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 17.84M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 105.77.
Undervalued
The company’s latest PE is -13.40, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 28.93M shares, increasing 6.10% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 3.83M shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 0.74.