First Profitable Quarter
Unusual Machines reported its first profitable quarter with net income of $1.6 million.
Record Revenue Growth
Achieved record revenues for the sixth consecutive quarter with a 39% growth from the prior year, ending Q3 with over $2.1 million in revenue.
Enterprise Sales Expansion
More than 50% of revenue was from enterprise sales, with enterprise purchase orders totaling more than $16 million.
Successful Financing and Cash Position
Executed staircase financing strategy, resulting in over $130 million in the bank, with a strong cash position of $64.3 million at the end of the quarter.
Motor Production Facility Operational
The motor factory in Orlando became operational, and the company started producing American-made motors.
Significant Workforce Growth
The team expanded from 19 to over 60 people during the quarter to meet increasing demand.