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Unusual Machines Inc. (UMAC)
:UMAC
Holding UMAC?
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Earnings Data
Report Date
May 14, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.18Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Aug 14, 2024
|% Change Since: 318.32%
|Next Earnings Date:May 15, 2024
Earnings Call Sentiment|Neutral
The earnings call highlights several positive developments, such as improved cash flow management, revenue growth during a traditionally slow period, and strategic financial maneuvers to reduce debt and position for growth. However, these are offset by operational losses, non-operational expenses related to derivative accounting, and delays in anticipated U.S. Department of Defense contracts. The sentiment remains cautiously optimistic, with a focus on leveraging potential tariff advantages and increased demand from Europe.Company Guidance
During the Q3 2024 earnings call, Unusual Machines provided several key metrics and guidance. The company reported $1.5 million in sales for the quarter, representing a 9% increase over the previous quarter with a 26% gross margin. Year-to-date revenue stood at $3.6 million with 28% gross margins. The company highlighted ending the quarter with $1.7 million in cash, slightly better than anticipated, and having secured an additional $1.7 million through PIPE financing. Unusual Machines also converted $1 million of its $4 million debt into equity, reducing its debt balance to $3 million. The leadership reiterated their focus on cash flow, operations, and growth, with plans to accelerate domestic production of components due to potential changes in U.S. tariffs, and anticipated strong Q4 performance driven by the holiday season and burgeoning enterprise sales.Positive Cash Flow Management
The company started the quarter with $2.2 million and ended with $1.7 million, performing slightly better than expected. A PIPE financing at the end of October added another $1.7 million in net proceeds to their cash position.
9% Revenue Growth Amid Slow Season
The company achieved approximately $1.5 million in sales for Q3 2024, marking a 9% increase over the second quarter. This growth occurred during a typically slow retail quarter.
Debt Reduction and Financial Restructuring
Unusual Machines converted $1 million of outstanding debt to equity and reduced interest from 8% to 4%, which will alleviate future interest payments.
Successful Product Launch and Orders
The Brave 7 Flight Controller was well received, with large orders primarily from Europe. The company is actively bidding for multi-million dollar contracts.
Potential Tariff Advantages
The company is poised to benefit from potential changes in tariffs on Chinese-made drone parts, which could improve gross margins and competitive pricing.
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UMAC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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UMAC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 14, 2024 | $3.22 | $2.83 | -12.11% |
| Aug 14, 2024 | $1.70 | $1.65 | -2.94% |
| May 15, 2024 | $1.10 | $1.12 | +1.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Unusual Machines Inc. (UMAC) report earnings?
Unusual Machines Inc. (UMAC) is schdueled to report earning on May 14, 2025, TBA Not Confirmed.
What is Unusual Machines Inc. (UMAC) earnings time?
Unusual Machines Inc. (UMAC) earnings time is at May 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UMAC EPS forecast?
Currently, no data Available
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