RedCloud Financials
This page shows RedCloud (RCT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
RedCloud is scaling revenue faster than financial self-sufficiency, with external funding still carrying the operating model during expansion.
As revenue more than doubled from FY2023 to FY2024, losses per dollar of sales improved: operating margin moved from-129.5% to-83.1% , which suggests some fixed-cost absorption as volume rises and overhead is spread more efficiently. But operating cash burn of-$34.7M was still essentially matched by financing inflows of$35.0M , so the business expanded without yet becoming self-funding.
This is an asset-light but cash-hungry model. Free cash flow was
The balance sheet combines tight liquidity with deeply negative equity. A current ratio of 0.2x and cash of
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of RedCloud's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
RedCloud has an operating margin of -89.9%, meaning the company retains $-90 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -83.1% the prior year.
RedCloud's revenue grew a modest 4.3% year-over-year to $48.5M. This slow but positive growth earns a score of 100/100.
RedCloud's current ratio of 0.27 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While RedCloud generated -$37.0M in operating cash flow, capex of $147K consumed most of it, leaving -$37.1M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
RedCloud passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, RedCloud generates $0.80 in operating cash flow (-$37.0M OCF vs -$46.2M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
RedCloud earns $-19.9 in operating income for every $1 of interest expense (-$43.6M vs $2.2M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
RedCloud generated $48.5M in revenue in fiscal year 2025. This represents an increase of 4.3% from the prior year.
RedCloud's EBITDA was -$43.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 12.9% from the prior year.
RedCloud reported -$46.2M in net income in fiscal year 2025. This represents an increase of 8.8% from the prior year.
RedCloud earned $-1.03 per diluted share (EPS) in fiscal year 2025. This represents an increase of 50.7% from the prior year.
Cash & Balance Sheet
RedCloud generated -$37.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 5.2% from the prior year.
RedCloud held $479K in cash against $0 in long-term debt as of fiscal year 2025.
RedCloud had 55M shares outstanding in fiscal year 2025. This represents an increase of 121.3% from the prior year.
Margins & Returns
RedCloud's operating margin was -89.9% in fiscal year 2025, reflecting core business profitability. This is down 6.8 percentage points from the prior year.
RedCloud's net profit margin was -95.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 13.7 percentage points from the prior year.
Capital Allocation
RedCloud spent $95K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
RedCloud invested $147K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 76.6% from the prior year.
RCT Income Statement
| Metric | Q4'25 | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A |
RCT Balance Sheet
| Metric | Q4'25 | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|---|
| Total Assets | $12.7M-5.6% | $13.4M-23.7% | $17.6M+139.3% | $7.3M |
| Current Assets | $5.3M-7.1% | $5.8M-46.7% | $10.8M+317.5% | $2.6M |
| Cash & Equivalents | $479K-44.9% | $869K+8.5% | $801K+44.3% | $555K |
| Inventory | N/A | N/A | N/A | N/A |
| Accounts Receivable | $2.8M+11.3% | $2.5M-55.0% | $5.5M+242.1% | $1.6M |
| Goodwill | N/A | N/A | N/A | N/A |
| Total Liabilities | $19.6M-8.4% | $21.4M-75.2% | $86.3M+188.7% | $29.9M |
| Current Liabilities | $19.6M-8.4% | $21.4M-66.4% | $63.8M+210.7% | $20.5M |
| Long-Term Debt | N/A | N/A | N/A | N/A |
| Total Equity | -$7.0M+13.0% | -$8.0M+88.4% | -$68.8M-204.7% | -$22.6M |
| Retained Earnings | -$194.7M-11.3% | -$175.0M-17.9% | -$148.4M-51.9% | -$97.7M |
RCT Cash Flow Statement
| Metric | Q4'25 | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A |
RCT Financial Ratios
| Metric | Q4'25 | Q2'25 | Q4'24 | Q4'23 |
|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A |
| Current Ratio | 0.270.0 | 0.27+0.1 | 0.17+0.0 | 0.13 |
| Debt-to-Equity | -2.82-0.1 | -2.67-1.4 | -1.26+0.1 | -1.33 |
| FCF Margin | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$7.0M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.27), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is RedCloud's annual revenue?
RedCloud (RCT) reported $48.5M in total revenue for fiscal year 2025. This represents a 4.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is RedCloud's revenue growing?
RedCloud (RCT) revenue grew by 4.3% year-over-year, from $46.5M to $48.5M in fiscal year 2025.
Is RedCloud profitable?
No, RedCloud (RCT) reported a net income of -$46.2M in fiscal year 2025, with a net profit margin of -95.3%.
What is RedCloud's EBITDA?
RedCloud (RCT) had EBITDA of -$43.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is RedCloud's operating margin?
RedCloud (RCT) had an operating margin of -89.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is RedCloud's net profit margin?
RedCloud (RCT) had a net profit margin of -95.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is RedCloud's free cash flow?
RedCloud (RCT) generated -$37.1M in free cash flow during fiscal year 2025. This represents a -5.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is RedCloud's operating cash flow?
RedCloud (RCT) generated -$37.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are RedCloud's total assets?
RedCloud (RCT) had $12.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are RedCloud's capital expenditures?
RedCloud (RCT) invested $147K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is RedCloud's current ratio?
RedCloud (RCT) had a current ratio of 0.27 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is RedCloud's debt-to-equity ratio?
RedCloud (RCT) had a debt-to-equity ratio of -2.82 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is RedCloud's return on assets (ROA)?
RedCloud (RCT) had a return on assets of -365.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is RedCloud's cash runway?
Based on fiscal year 2025 data, RedCloud (RCT) had $479K in cash against an annual operating cash burn of $37.0M. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is RedCloud's debt-to-equity ratio negative or unusual?
RedCloud (RCT) has negative shareholder equity of -$7.0M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is RedCloud's Piotroski F-Score?
RedCloud (RCT) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are RedCloud's earnings high quality?
RedCloud (RCT) has an earnings quality ratio of 0.80x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can RedCloud cover its interest payments?
RedCloud (RCT) has an interest coverage ratio of -19.9x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is RedCloud?
RedCloud (RCT) scores 17 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.