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DeepNewz, mobile.
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Transense Technologies reported its FY 2024 results, showing an 18% increase in revenue, driven by a 30% rise in iTrack and a 9% increase in Translogik. EBITDA rose by 22%, PBT by 20%, and EPS by 15%. The company ended August with £1.49 million in cash and saw a 22% increase in its SAW customer pipeline. Meanwhile, Red Cat Holdings reported quarterly revenue of $2.8 million for Q1'25, representing a 59% year-over-year growth. The company ended the quarter with $7.7 million in cash and provided guidance of $50-$55 million for calendar year 2025, exclusive of government or NATO programs. Red Cat also reported a record backlog of $13 million.
The AHs drop makes no sense for $RCAT. Guide for FY'25 is almost double what I had which doesn't even include government or NATO programs https://t.co/vYFcABFIfN
$RCAT getting smoked AH on earnings Not seeing anything to terrible in the numbers Would be nice to get another good re-entry ahead of SRR t2
$RCAT Earnings: - Quarterly revenue of $2.8 million, representing 59% year-over-year growth. - Ended the quarter with cash of $7.7 million. - Guidance of $50-$55 million for calendar year 2025 exclusive of government or NATO programs of record. - Record backlog of $13 million.… https://t.co/Hn3HwaacgI
