Red Cat Holdings, Inc. Financial Ratios — RCAT Stock

Profitability (USD)

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	79.14	-954.94	- -	- -	- -	- -	- -	- -	-393.05	-28.12	-42.37	-48.93	- -	-48.71
Return on Assets (%)	720.45	60.15	-782.68	-45.49	-981.92	169.3	-522.12	-173.55	-93.91	-182.55	-24.16	-38.55	-44.02	- -	-43.78
Return on Capital (%)	-800.24	71.44	- -	- -	- -	-40.7	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	111.39	-11.95	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	-3,765.88	100	52.29	-665.68	100	- -	-234.68	- -	19.45	21.4	14.4	-18.06	20.64	- -	3.13
EBITDA Margin (%)	-20,569.19	-331.59	-889.42	-5,699.57	-707.14	- -	-1,920.3	- -	-403.52	-96.8	-198.13	-487.9	-97.91	- -	-157.95
Operating Margin (%)	-20,569.19	-331.59	-938.36	-5,844.89	-713.17	- -	-2,067.47	- -	-403.52	-97.54	-202.25	-508.8	-105.89	- -	-163.51
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	-176.83	- -	-1,352.79	- -	- -	- -	- -	- -	-105.89	- -
Pretax Margin (%)	146,265.88	1,982.34	-17,485.24	-5,872.85	-1,658.21	- -	-3,151.9	- -	-396.58	-264.75	-181.82	-570.82	-120.69	- -	-175.87
Profit Margin (%)	146,004.58	1,870.72	-17,485.24	-5,872.85	-1,658.21	- -	-2,514.35	- -	-396.58	-264.75	-181.82	-608.27	-134.86	- -	-176.96
Net Income to Common Margin (%)	146,004.58	1,870.72	-17,485.24	-5,872.85	-2,394.8	- -	-2,514.35	- -	-396.58	-264.75	-181.82	-608.27	-134.86	- -	-176.96
Effective Tax Rate (%)	0.18	5.63	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	30.76	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	79.14	-954.94	- -	- -	- -	- -	- -	- -	-393.05	-28.12	-42.37	-48.93	- -	-48.71

Credit (USD)

Credit Ratios API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	12/31/2024	12/31/2025

Total Debt	- -	- -	- -	- -	- -	1	2	- -	1	2	3	3	2	2	18
ST Debt	- -	- -	- -	- -	- -	1	2	- -	- -	- -	1	1	1	1	6
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	2	2	1	1	13
Total Debt/EBITDA	-0.23	-0.45	-0.58	-0.5	- -	-1.36	-1.02	- -	-0.35	-0.42	-0.23	-0.13	-0.13	- -	-0.29
Net Debt/EBITDA	0.49	-0.2	-0.58	-0.5	0.16	-0.84	-1.02	0.67	-0.2	-0.36	0.17	0.08	0.3	- -	2.53
Total Debt/EBIT	-0.23	-0.45	-0.55	-0.49	- -	-1.34	-0.95	- -	-0.35	-0.41	-0.23	-0.13	-0.12	- -	-0.28
Net Debt/EBIT	0.49	-0.2	-0.55	-0.48	0.16	-0.83	-0.94	0.67	-0.2	-0.36	0.17	0.08	0.28	- -	2.45
EBITDA to Interest Expense	-13.72	- -	-85.97	-203.89	-138.48	-3.14	-4.04	- -	-55.85	-3.95	-86.22	-184.79	-254.53	- -	- -
EBITDA-CapEx/Interest Expense	-13.72	- -	-85.97	-216.43	-139.32	-3.14	-5.98	- -	-55.85	-3.95	-88.69	-204.87	-258.3	- -	- -
EBIT to Interest Expense	-13.72	- -	-90.7	-209.09	-139.66	-3.17	-4.35	- -	-55.85	-3.98	-88.02	-192.71	-275.27	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	1	- -	- -	1	- -	- -	- -	- -	- -
Common Equity/Total Assets	55.07	90.98	80.2	-232.39	-915.91	-447.83	-955.99	-31.03	53.06	44.85	91.57	90.15	89.75	90.14	89.83
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	29.43	33.29	2.21	3.44	3.03	2.61	5.11
Long-Term Debt/Capital (%)	- -	- -	- -	-44.79	- -	- -	- -	- -	21.45	24.05	2.13	3.26	2.88	2.51	4.75
Long-Term Debt/Total Assets (%)	- -	- -	- -	23.95	- -	- -	- -	- -	16.02	14.99	2.03	3.1	2.72	2.35	4.59
Total Debt/Equity (%)	25.12	4.56	17.25	-77	- -	-43.61	-82.03	- -	37.2	38.4	3.82	5.41	5.21	3.93	7.5
Total Debt/Capital (%)	20.08	4.37	14.72	-334.71	- -	-77.32	-456.4	- -	27.11	27.74	3.68	5.14	4.95	3.78	6.98
Total Debt/Total Assets (%)	13.83	4.15	13.87	178.93	- -	195.27	783.79	- -	20.25	17.29	3.5	4.88	4.68	3.54	6.74
Net Debt to Equity	-53.13	2.04	17.18	-75.69	4.22	-26.97	-81.8	268.83	21.72	33.13	-2.76	-3.38	-12.2	-17.57	-66.3
Net Debt/Capital (%)	-113.35	2	14.66	-311.38	4.05	-36.94	-449.34	72.89	17.84	24.89	-2.8	-3.39	-13.37	-20.51	-169.08
EBITDA	- -	- -	- -	- -	-1	-1	-2	-1	-2	-5	-13	-23	-17	- -	-64
EBITDA-CapEx	- -	- -	- -	- -	-1	-1	-3	-1	-2	-5	-13	-25	-18	- -	-71
Operating Income (Loss)	- -	- -	- -	- -	-1	-1	-2	-1	-2	-5	-13	-24	-19	- -	-67

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	12/31/2024	12/31/2025

Cash Ratio	0.96	0.25	- -	0.01	6.54	0.23	0.01	0.64	0.29	0.06	8.99	3.95	1.66	2.19	11.31
Current Ratio	0.96	5.13	0.01	0.19	14.51	0.29	0.06	0.76	0.38	0.35	10.23	7.94	6.13	6.17	15.29
Quick Ratio	0.96	5.13	0.01	0.01	6.54	0.23	0.06	0.64	0.29	0.14	9.15	4.16	3.45	2.31	13.07
CFO/Avg Current Liab	-0.53	1.66	-1.29	-0.86	-8.97	-1.18	-0.37	-0.43	-1	-0.51	-3.17	-5.25	-4.83	- -	-9.37
Common Equity/Total Assets	55.07	90.98	80.2	-232.39	-915.91	-447.83	-955.99	-31.03	53.06	44.85	91.57	90.15	89.75	90.14	89.83
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	29.43	33.29	2.21	3.44	3.03	2.61	5.11
Long-Term Debt/Capital (%)	- -	- -	- -	-44.79	- -	- -	- -	- -	21.45	24.05	2.13	3.26	2.88	2.51	4.75
Long-Term Debt/Total Assets (%)	- -	- -	- -	23.95	- -	- -	- -	- -	16.02	14.99	2.03	3.1	2.72	2.35	4.59
Total Debt/Equity (%)	25.12	4.56	17.25	-77	- -	-43.61	-82.03	- -	37.2	38.4	3.82	5.41	5.21	3.93	7.5
Total Debt/Capital (%)	20.08	4.37	14.72	-334.71	- -	-77.32	-456.4	- -	27.11	27.74	3.68	5.14	4.95	3.78	6.98
Total Debt/Total Assets (%)	13.83	4.15	13.87	178.93	- -	195.27	783.79	- -	20.25	17.29	3.5	4.88	4.68	3.54	6.74
CFO/Total Liabilities	-318.57	379.18	-70.21	-78.1	-26.86	-34.99	-34.07	-95.28	-63.44	-21.77	-223.64	-416.63	-373.91	- -	-320.11
CFO/CapEx	- -	- -	- -	-11.9	-182.23	- -	-0.97	- -	- -	- -	-44.05	-10.16	-71.8	- -	-13.41
Altman's Z-Score	-89.39	-49.45	-135.4	-20.73	-12.37	-12.47	-67.08	-6.02	-14.45	-11.33	8.88	1.62	9.91	114.74	19.71

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	134.92	10.42	652.69	- -	224.16	- -	- -	31.08	15.73	7.6	7.02	- -	3.06
Days Sales Outstanding	- -	- -	2.71	35.04	0.56	- -	1.63	- -	- -	11.74	23.2	48	51.99	- -	119.39
Inventory Turnover	1.29	- -	- -	- -	- -	- -	- -	- -	8.27	17.83	2.59	0.85	1.67	- -	2.17
Days Inventory Outstanding	282.65	- -	- -	- -	- -	- -	- -	- -	44.11	20.47	141.2	428.77	218.25	- -	168.38
Accounts Payable Turnover	0.56	-1.14	0.54	1.61	- -	- -	2.48	- -	2.99	10.65	11.58	8.69	8.91	2.72	17.62
Accounts Payable Turnover Days	646.97	-321.53	673.67	226.63	- -	- -	147.11	- -	121.93	34.26	31.52	41.99	40.97	134.02	20.71
Cash Conversion Cycle	-364.32	- -	-670.97	-191.59	- -	- -	-145.48	- -	-77.82	-2.05	132.88	434.78	229.26	- -	267.06
Inventory to Cash Days	-282.65	- -	2.71	35.04	- -	- -	1.63	- -	-44.11	-8.72	-118	-380.77	-166.26	- -	-49
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4	9	8	13	23
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	8	6	8	20
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	4
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	1	4	2
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	12/31/2024	12/31/2025

Market Capitalization	- -	1	- -	- -	38	1	- -	1	30	119	109	48	114	1,095	952
- Cash & Cash Equivalents	- -	- -	- -	- -	- -	1	- -	1	- -	- -	4	3	6	9	168
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	1	2	- -	1	2	3	3	2	2	18
Enterprise Value	- -	1	- -	1	38	2	2	- -	30	121	63	35	110	1,088	803
Total Capital	- -	- -	1	- -	-5	-2	- -	- -	2	7	81	58	46	52	264
Total Debt/Capital (%)	20.08	4.37	14.72	-334.71	- -	-77.32	-456.4	- -	27.11	27.74	3.68	5.14	4.95	3.78	6.98
Total Debt / EV	0.07	0.02	0.55	0.29	- -	0.64	0.83	- -	0.02	0.02	0.05	0.08	0.02	- -	0.02
EV/Sales	683.32	78.91	9.51	98.33	184.21	- -	23.68	- -	75.23	24.14	9.83	7.63	6.16	- -	19.71
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	6.36	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	6.36	- -	- -	- -	- -	4.69	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	1	1	8	36	2	- -	26	21	96	98	48	92	- -	785
Diluted Enterprise Value	- -	1	2	8	35	3	2	25	21	97	97	47	88	-7	635
EV per Share	4,701.53	7,262.01	3,203.04	336.75	1,011.53	57.82	12.69	2.23	1.52	4.1	1.18	0.65	1.48	12.77	6.69
TTM Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	5	6	5	18	- -	41
TTM EBITDA	- -	- -	- -	- -	-1	-1	-2	-1	-2	-5	-13	-23	-17	- -	-64
TTM Operating Income	- -	- -	- -	- -	-1	-1	-2	-1	-2	-5	-13	-24	-19	- -	-67
TTM Cash Flow to Firm	- -	- -	- -	- -	-2	-1	- -	-1	-1	- -	-16	-25	-19	- -	-89
TTM Free Cash Flow to Firm	- -	- -	- -	- -	-2	-1	1	-1	-1	- -	-16	-22	-18	- -	-82

Multiples (USD)

Valuation Multiples API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	12/31/2024	12/31/2025

Price/Free Cash Flow	-1.58	6.31	-6.76	-33.34	-22.48	-1.41	12.83	-33.95	-25.38	-68.31	-6.25	-2.12	-5.02	- -	-9.51
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	1	- -	1	38	2	2	- -	30	121	63	35	110	1,088	803
Low Price	1,800	3,600	600	240	240	13.2	1.2	1.2	0.35	0.54	1.46	0.77	0.52	0.56	4.58
EV/Sales	683.32	78.91	9.51	98.33	184.21	- -	23.68	- -	75.23	24.14	9.83	7.63	6.16	- -	19.71
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	0.54	4.18	- -	- -	- -	1.19	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	0.74	4.85	-0.95	-86.54	-4.25	6.76	-0.83	-31.64	-20.32	-3.8	-10.56	-2.92	-2.28	- -	-11.51
Price/Earnings High	1.43	39.73	-2.74	-216.82	-21.51	34.86	-13.77	-85.11	-82.29	-13.85	-30.77	-5.08	-4.12	- -	-22.93
Price/Earnings Low	0.18	2.09	-0.08	-21.68	-1.72	0.45	-0.07	-8.51	-3	-0.97	-6.02	-1.47	-1.31	- -	-6.29
Price/Book Value	4.11	2.37	0.14	-1.88	-7.06	-0.41	-0.19	-5.03	20.14	22.67	1.4	0.88	2.61	21.85	3.87
Price/Book Value Average	5.66	2.75	0.68	-7.49	-4.11	-2.31	-1.05	-4.67	31.83	11.95	1.77	1.52	1.56	4.43	4.1
Price/Book Value High	10.95	22.53	1.96	-18.78	-20.82	-11.93	-17.36	-12.57	128.92	43.49	5.15	2.64	2.81	25.35	8.16
Price/Book Value Low	1.37	1.19	0.06	-1.88	-1.67	-0.15	-0.09	-1.26	4.7	3.03	1.01	0.77	0.9	0.96	2.24
Price/Tangible Book Value	4.11	2.37	-2.28	-1.88	-7.06	-0.41	-0.19	-5.03	-30.14	-24.75	2.18	1.57	3.7	45.64	4.3
Price/Tangible Book Value Average	5.66	2.75	-10.83	-7.49	-4.11	-2.31	-1.05	-4.67	-47.62	-13.04	2.75	2.7	2.21	9.25	4.55
Price/Tangible Book Value High	10.95	22.53	-31.33	-18.78	-20.82	-11.93	-17.36	-12.57	-192.88	-47.47	8.01	4.69	4	52.95	9.06
Price/Tangible Book Value Low	1.37	1.19	-0.95	-1.88	-1.67	-0.15	-0.09	-1.26	-7.03	-3.31	1.57	1.36	1.27	2	2.49
Price/Sales	784.83	78.23	34.79	1,273.33	174.75	- -	3.74	- -	50.99	19.12	15.23	10.32	5.16	- -	19.27
Price/Sales Average	1,080.98	90.65	165.32	5,082.45	101.73	- -	20.9	- -	80.58	10.07	19.19	17.78	3.08	- -	20.37
Price/Sales High	2,092.89	743.21	478.37	12,733.29	515.17	- -	346.18	- -	326.36	36.67	55.95	30.89	5.56	- -	40.58
Price/Sales Low	261.61	39.12	14.5	1,273.33	41.21	- -	1.87	- -	11.9	2.56	10.95	8.95	1.77	- -	11.13
Price/Cash Flow	-1.58	6.31	-6.76	-30.54	-22.35	-0.94	-0.42	-33.95	-25.38	-68.31	-6.11	-1.91	-4.95	- -	-8.8
Price/Cash Flow Average	-2.18	7.31	-32.12	-121.9	-13.01	-5.3	-2.33	-31.55	-40.11	-36	-7.7	-3.3	-2.95	- -	-9.31
Price/Cash Flow High	-4.21	59.91	-92.94	-305.39	-65.9	-27.36	-38.57	-84.87	-162.43	-131.04	-22.46	-5.73	-5.33	- -	-18.54
Price/Cash Flow Low	-0.53	3.15	-2.82	-30.54	-5.27	-0.35	-0.21	-8.49	-5.92	-9.13	-4.39	-1.66	-1.7	- -	-5.08
Price/Free Cash Flow Average	-2.18	7.31	-32.12	-133.08	-13.08	-7.97	71.67	-31.55	-40.11	-36	-7.88	-3.66	-2.99	- -	-10.06
Price/Free Cash Flow High	-4.21	59.91	-92.94	-333.42	-66.26	-41.1	1,186.82	-84.87	-162.43	-131.04	-22.98	-6.36	-5.41	- -	-20.03
Price/Free Cash Flow Low	-0.53	3.15	-2.82	-33.34	-5.3	-0.53	6.42	-8.49	-5.92	-9.13	-4.5	-1.84	-1.72	- -	-5.49
EV/Sales Average	979.46	91.32	25.56	307.97	106.78	- -	44.53	- -	118.34	12.89	21.22	17.97	3.59	- -	21.05
EV/Sales High	1,991.38	743.89	64.03	729.05	545.23	- -	433.7	- -	476.5	45.98	62.2	31.25	6.66	- -	45.56
EV/Sales Low	160.1	39.79	7.02	98.33	42.6	- -	21.76	- -	18.26	3.53	12.03	9.03	1.97	- -	9.83
EV/EBITDA Average	-4.76	-27.54	-2.87	-5.4	-15.1	-8.03	-2.32	-0.49	-29.33	-13.31	-10.71	-3.68	-3.67	- -	-13.33
EV/EBITDA High	-9.68	-224.34	-7.2	-12.79	-77.1	-37.95	-22.59	-2.46	-118.09	-47.49	-31.39	-6.41	-6.8	- -	-28.85
EV/EBITDA Low	-0.78	-12	-0.79	-1.73	-6.02	-1.32	-1.13	0.36	-4.52	-3.65	-6.07	-1.85	-2.02	- -	-6.23
EV/EBIT Average	-4.76	-27.54	-2.72	-5.27	-14.97	-7.94	-2.15	-0.49	-29.33	-13.21	-10.49	-3.53	-3.39	- -	-12.87
EV/EBIT High	-9.68	-224.34	-6.82	-12.47	-76.45	-37.51	-20.98	-2.46	-118.09	-47.13	-30.75	-6.14	-6.29	- -	-27.87
EV/EBIT Low	-0.78	-12	-0.75	-1.68	-5.97	-1.31	-1.05	0.36	-4.52	-3.62	-5.95	-1.77	-1.86	- -	-6.01
Last Price	5,400	7,200	1,440	240	1,017.6	34.8	2.4	4.8	1.5	4.04	2.03	0.88	1.53	12.85	7.93
High Price	14,400	68,400	19,800	2,400	3,000	1,017.6	222	12	9.6	7.75	7.46	2.65	1.65	14.91	16.7
Enterprise Value Average	1	1	1	2	22	9	5	- -	48	64	136	83	64	215	857
Enterprise Value High	1	6	3	5	111	41	46	2	192	230	400	144	119	1,263	1,856
Enterprise Value Low	- -	- -	- -	1	9	1	2	- -	7	18	77	42	35	41	400

Shares Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	20	29	54	55	74	85	120
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	5	14	24	48	54	60	- -	99
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	5	14	24	48	54	60	- -	99
Revenue per Share	6.88	92.03	41.39	0.19	5.82	- -	0.64	- -	0.03	0.21	0.13	0.09	0.3	- -	0.41
EBITDA per Share	-1,415.25	-305.17	-368.13	-10.74	-41.18	-27.92	-12.31	-0.14	-0.12	-0.2	-0.26	-0.42	-0.29	- -	-0.65
Operating Income per Share	-1,415.25	-305.17	-388.39	-11.02	-41.53	-28.25	-13.26	-0.14	-0.12	-0.21	-0.27	-0.44	-0.31	- -	-0.67
Basic EPS, GAAP	10,045.75	1,721.67	-7,237.2	-11.07	-139.46	29.19	-16.12	-0.14	-0.12	-0.56	-0.24	-0.52	-0.4	- -	-0.73
Basic EPS from Cont Ops	10,045.75	1,721.67	-7,237.2	-11.07	-96.56	71.29	-20.21	-0.14	-0.12	-0.56	-0.24	-0.49	-0.36	- -	-0.73
Diluted EPS, GAAP	10,045.75	1,721.67	-7,237.2	-11.07	-139.46	19.44	-16.12	-0.14	-0.12	-0.56	-0.24	-0.52	-0.4	- -	-0.73
Diluted EPS from Cont Ops	10,045.75	1,721.67	-7,237.2	-11.07	-96.56	47.47	-20.21	-0.14	-0.12	-0.56	-0.24	-0.49	-0.36	- -	-0.73
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-3,417.48	1,141.7	-213.04	-7.86	-45.52	-37.19	-5.76	-0.14	-0.06	-0.06	-0.33	-0.46	-0.31	- -	-0.9
Free Cash Flow per Basic Share	-3,417.48	1,141.7	-213.04	-8.52	-45.77	-37.19	-11.7	-0.14	-0.06	-0.06	-0.34	-0.51	-0.31	- -	-0.97
Cash & Equivalents per Share	1,028.72	76.58	7.38	1.67	6.08	14.19	0.2	2.57	0.01	0.01	0.91	0.29	0.08	0.11	1.4
Book Value per Share	1,314.67	3,036.35	10,097.25	-127.82	-144.08	-85.32	-12.79	-0.95	0.07	0.18	1.45	1	0.59	0.59	2.05
Tangible Book Value per Share	1,314.67	3,036.35	-631.9	-127.82	-144.08	-85.32	-12.79	-0.95	-0.05	-0.16	0.93	0.57	0.41	0.28	1.84

Red Cat Holdings, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)