Unusual Machines, Inc. UMAC
or the "Company") is a Nevada corporation organized in 2024 which is a successor to a Puerto Rican corporation organized in
2019. The Company is engaged in the commercial drone industry, with its principal place of business in Orlando, Florida. In September
of 2025, the Company acquired Rotor Lab Pty. Ltd., an Australian company ("Rotor Lab").
components and drones across a diversified brand portfolio through business-to-business ("B2B") sales and a curated retail
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $11.2M | $5.6M | $0 | $0 | — |
| Cost of revenue | $7.3M | $4.0M | $0 | $0 | — |
| Gross profit | $3.9M | $1.5M | $0 | $0 | — |
| R&D | $202.6K | $90.6K | $0 | $91.3K | — |
| SG&A | $23.9M | $6.3M | $2.4M | $1.1M | — |
| Total operating expenses | $29.1M | $18.5M | $2.4M | $1.2M | — |
| Operating income | -$25.2M | -$17.0M | -$2.4M | -$1.2M | — |
| Interest expense | $0 | $117.0K | $0 | — | — |
| Pre-tax income | -$19.2M | -$32.0M | -$2.4M | -$1.2M | — |
| Income tax | $36.3K | $13.4K | $0 | $0 | — |
| Net income | -$19.2M | -$32.0M | -$2.4M | -$1.2M | — |
| EPS, basic | -0.74 | -3.84 | -0.72 | -0.29 | — |
| EPS, diluted | -0.74 | -3.84 | -0.72 | -0.29 | — |
| Shares, diluted (wtd. avg.) | 26.0M | 8.3M | 3.3M | 4.1M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Cash and equivalents | $103.3M | $3.8M | $894.8K | $3.1M | $3.8M |
| Short-term investments | $39.2M | $0 | — | — | — |
| Receivables | $1.6M | $66.6K | $0 | — | — |
| Inventory | $5.3M | $1.3M | $0 | — | — |
| Total current assets | $159.5M | $6.1M | $1.0M | $3.1M | — |
| Property, plant and equipment | $2.2M | $570 | $1.3K | $3.7K | — |
| Goodwill | $15.6M | $7.4M | $0 | — | — |
| Other intangibles | $2.6M | $2.2M | $0 | — | — |
| Total assets | $182.7M | $16.1M | $1.5M | $3.3M | — |
| Accounts payable | — | — | $114.5K | $131.9K | — |
| Total current liabilities | $2.6M | $933.7K | $114.5K | $131.9K | — |
| Total liabilities | $7.8M | $1.3M | $114.5K | — | — |
| Retained earnings | -$55.1M | -$35.9M | -$3.9M | -$1.5M | — |
| Total equity | $174.9M | $14.8M | $1.4M | $3.2M | $3.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating cash flow | -$21.2M | -$4.0M | -$1.8M | -$1.2M | — |
| Depreciation and amortisation | $27.5K | $684 | $5.6K | $885 | — |
| Stock-based compensation | $15.6M | $2.3M | $600.0K | $0 | — |
| Capital expenditure | $2.1M | $0 | $3.2K | $4.6K | — |
| Investing cash flow | -$37.1M | -$852.8K | -$3.2K | $40.6K | — |
| Financing cash flow | $157.8M | $7.7M | -$424.9K | $462.1K | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001683168-26-001730.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | — | $0 | $0 | $5.6M | $11.2M |
| Gross profit | — | $0 | $0 | $1.5M | $3.9M |
| Net income | — | -$1.2M | -$2.4M | -$32.0M | -$19.2M |
Recent filings and events
- Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Regulation FD disclosure Item 7.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Material agreement signed Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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