Red Cat Holdings, Inc. RCAT
Nasdaq · XNAS · stock · Services-Prepackaged Software
Chart by TradingView
2/9
Piotroski F — financial health
10.37
Altman Z″ — distress risk · safe
—
Dividend payout · no dividend
Financials (annual, from 10-K)
| FY | Revenue | Net income | Gross profit | Free cash flow | Equity |
|---|---|---|---|---|---|
| 2025 | $40.7M | -$72.1M | $1.3M | — | $245.8M |
| 2024 | $17.8M | -$24.1M | $3.7M | — | $43.6M |
| 2023 | $1.3M | -$28.1M | -$834,311 | — | $54.8M |
| 2022 | $6.4M | -$11.7M | $925,515 | — | $79.1M |
| 2021 | $5.0M | -$13.2M | $1.1M | — | $5.3M |
| 2020 | $403,940 | -$1.6M | $78,561 | — | $1.5M |
Recent insider activity (Form 4)
| Insider | Role | Date | Action | Shares | Price |
|---|---|---|---|---|---|
| Funk Paul II | director | 2026-06-11 | Sell | 165,028 | $11.50 |
| Funk Paul II | director | 2026-04-30 | Option exercise | 7,429 | — |
| Freedman Joseph David | director | 2026-04-30 | Option exercise | 7,429 | — |
| Moe Christopher R. | director | 2026-04-30 | Option exercise | 7,429 | — |
| Liuzza Nicholas Reyland JR | director | 2026-04-30 | Option exercise | 7,429 | — |
| Thompson Jeffrey M | Chairman of the Board, CEO | 2026-04-06 | Tax withheld | 1,570 | $13.06 |
| Thompson Jeffrey M | Chairman of the Board, CEO | 2026-04-06 | Option exercise | 5,295 | — |
Why these scores methodology →
Piotroski F-score: 2/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: 10.37 (safe)
- Working capital / assets 0.775
- Retained earnings / assets -0.719
- EBIT / assets -0.243
- Equity / liabilities 8.829
Source: SEC EDGAR filings · CIK 0000748268 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.