Current released revenues for Red Cat Holdings Inc. show that the company is doing well in the market, noted a Think Equity research note.
The company is expected to keep increasing revenue now that its manufacturing facility is complete, its salesforce is built and its sales pipeline is growing, noted a ThinkEquity research report.
Aided by the burgeoning drone industry, this company is expected to grow its revenue enough in the next 12 months to move into the black, noted a ThinkEquity report.