UMACUnusual Machines, Inc.
Radio & Tv Broadcasting & Communications Equipment
- Revenue
- $11M
- 101% YoY
- Operating margin
- -224.6%
- 26% YoY
- EBITDA
- −$25M
- 48% YoY
- Market cap
- $776M
- Employees
- 141
- $79K revenue each
- Net debt / EBITDA
- —
- AI in 10-K
- 0.6
- mentions per 10K words
Takeover score 6 of 13
Fixable underperformance 2 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo—Cash flow under 80% of net income
- Dilutive SBCYes139% of revenueOver 10% of revenue
- Payouts exceed cash flowNo0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo4% of assetsOver 40% of assets
- Shareholder dissentYes66% lowest supportAny vote under 80% support
Buyer economics 3 of 4
- Low revenue per employeeYes$79K · 2nd pctBottom quartile of its SIC industry
- Quiet on AIYes0.6 per 10K words · 25th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedYes$776M market capMarket cap $500M–$5B
Catalysts 1 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingYes−$11M netNet sales over $10M in 12 months
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $6M | $11M | 101% |
| Operating income | −$1M | −$2M | −$17M | −$25M | 48% |
| Net income | −$1M | −$2M | −$32M | −$19M | 40% |
| Operating cash flow | −$1M | −$2M | −$4M | −$21M | 430% |
| Capex | $5K | $3K | $0 | $2M | |
| Stock-based comp | $0 | $600K | $2M | $16M | 592% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $11M · 22
- Net
- −$11M
Pay vs performance
No pay-versus-performance disclosure yet.