One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Unusual Machines, Inc.
UMAC · ASE · Technology · Computer Hardware
Current price
$12.59
52-week range
$7.25 - $34.93
Market cap
$653.57M
Balance sheet
Healthy
-48,462.54x Concerning
Net cash $256.64M. Interest coverage shows how many times profit covers the interest bill.
What stands out
1 Reward
1 Risk
1 rewards · 1 risks
- Reward Revenue grew 289.5% last year.
- Risk Return on equity was -14.0% last year — the company lost money on shareholders' equity.
What this company does
Unusual Machines, Inc.
Unusual Machines, Inc. (UMAC) sells small drones and parts, making most of its money by selling these to other businesses and through its online store. This is important because it shows how the company reaches its customers and where its income is generated in the drone market.
How the company got here
Unusual Machines, Inc., formerly known as AerocarveUS Corporation, was incorporated in 2019. The company is headquartered in Orlando, Florida, and operates within the technology sector, specifically in the computer hardware industry. A key development for the company was its name change to Unusual Machines, Inc. in July 2022, signaling a potential shift or broader focus. They have also entered into a strategic collaboration with Lantronix Inc. to develop advanced drone components.
What it actually does
Unusual Machines, Inc. is focused on the commercial drone industry, offering small drones and the necessary parts to make them work. These products are sold to other businesses (B2B sales), directly through their own online store, and via traditional retail outlets. The company is working on integrating artificial intelligence (AI) directly into drone systems, allowing them to process information and make decisions on the fly without constant human input.
Drones and Components
This is the primary business line for Unusual Machines, Inc., where they design, build, and sell small drones. They also offer essential components, which are the individual parts that make up a drone or are needed for its operation. These products are sold to other businesses that might use drones for various commercial purposes, directly to consumers through their e-commerce website, and through retail partners. The company is also developing specialized components that combine edge AI compute (meaning the drone can process data locally) with flight control systems, aiming for more autonomous drone capabilities.
What management is betting on now
Management is focused on advancing the capabilities of their drone technology through strategic partnerships, like the one with Lantronix Inc. This collaboration aims to embed edge AI compute directly into flight control systems, enabling drones to make decisions autonomously. This push towards more intelligent and self-sufficient drones is likely intended to open up new markets and applications for their products in the commercial drone space.
Price history
How the share price has moved
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Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2024 Q4
$-1.28M
FY2025 Q1
$-1.19M
FY2025 Q2
$-2.93M
FY2025 Q3
$-8.82M
FY2025 Q4
$-10.29M
FY2026 Q1
$-18.11M
FY2026 Q2
$-21.67M
FY2026 Q3
$-40.64M
Revenue
$13.90M
Net income
$-25.04M
Diluted EPS
-0.50
Operating cash flow
$-34.66M
Free cash flow
$-40.64M
Fetching…
Sources
Revenue
$16.72M
Net income
$-7.78M
Diluted EPS
-0.16
Operating cash flow
$-21.48M
Free cash flow
$-21.67M
Fetching…
Sources
Revenue
$8.10M
Net income
$10.28M
Diluted EPS
0.21
Operating cash flow
$-17.41M
Free cash flow
$-18.11M
Fetching…
Sources
Revenue
$4.90M
Net income
$-10.57M
Diluted EPS
-0.26
Operating cash flow
$-9.78M
Free cash flow
$-10.29M
Fetching…
Sources
Revenue
$2.13M
Net income
$1.60M
Diluted EPS
0.05
Operating cash flow
$-7.53M
Free cash flow
$-8.82M
Fetching…
Sources
Revenue
$2.12M
Net income
$-6.96M
Diluted EPS
-0.32
Operating cash flow
$-2.67M
Free cash flow
$-2.93M
Fetching…
Sources
Revenue
$2.04M
Net income
$-3.27M
Diluted EPS
-0.21
Operating cash flow
$-1.19M
Free cash flow
$-1.19M
Fetching…
Sources
Revenue
$2.00M
Net income
$-27.12M
Diluted EPS
-3.20
Operating cash flow
$-1.28M
Free cash flow
$-1.28M
Fetching…
Sources
Is it cheap or expensive?
Fair value — vs current price $12.59
We couldn't calculate a fair value right now.
Is it drowning in debt?
Healthy
Net cash $256.6M - more cash than debt. Interest coverage -48462.5x.
Net debt
$-256.64M
Interest coverage
-48,462.54x
Unusual Machines, Inc.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 4 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Healthy
Worse cushion
Baseline
Better cushion
UMAC
BASELINE
Unusual Machines, Inc.
Total debt $3.71M Interest coverage -48,462.54x This is the baseline the peer rows are being compared against.
Total debt $14.87M Interest coverage -970.67x Neither company has much profit cushion over interest right now.
Total debt $850.82M Interest coverage -12.52x Neither company has much profit cushion over interest right now.
Total debt $41.10M Interest coverage -8.88x Neither company has much profit cushion over interest right now.
Total debt $159.48K Interest coverage -19.09x Neither company has much profit cushion over interest right now.
What you should know
The case for and against UMAC
1 Reward
1 Risk
Rewards
-
Revenue grew 289.5% last year.
Risks
-
Return on equity was -14.0% last year — the company lost money on shareholders' equity.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
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Forward P/E
-35.97x
P/B
1.71x
P/S
14.98x
EV/EBITDA
-12.13x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
34.7%
Operating margin
-60.2%
Net margin
-75.9%
ROE
-14.0%
ROA
-8.4%
Health
Liquidity and balance-sheet strength
Debt / equity
0.01x
Current ratio
34.64x
Quick ratio
27.52x
Total debt
$3.71M
Total cash
$260.36M
Growth
How the business has been compounding
Revenue TTM
$43.62M
Revenue 5Y CAGR
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EPS TTM
-0.85
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-83.34M
Free CF TTM
$-23.24M
FCF margin
-53.3%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
—
Last ex-div date
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