Red Cat Holdings posted less than $5 million in revenue in the last eight months of 2024 but has given guidance of $80 million to $120 million for 2025.
Credit: Stockcake
Drone manufacturer Red Cat Holdings reported just $4.9 million in revenue for the eight months ended Dec. 31, 2024, which it referred to as its “transition period” in a March 31 earnings call. The call was unusually brief and did not include the company’s new Chief Financial Officer (CFO) Chris...
Subscription Required
Drone Maker Red Cat Holdings Deals With Low Sales, Lack Of Profit is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.
Not a member? Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.
Related Content
