Red Cat Holdings, Inc. (NASDAQ:RCAT): Defense Drone Shift and Financial Snapshot
Red Cat Holdings, Inc. is strategically shifting into defense drone manufacturing, positioning itself as a high-risk, small-cap stock with recent contract wins, including a significant deal with the Japan Ministry of Defense. The company demonstrated strong financial performance with quarterly revenue of $26.24 million, surpassing analyst estimates, and a 161% full-year revenue growth in 2025, despite reporting a negative EPS of -$0.17. Despite ongoing unprofitability and a negative Price-to-Earnings (P/E) ...