Homepage

Unusual Machines, Inc.

UMAC AMEX Categories PDF
Technology · Consumer Electronics
Orlando, FL 32811, United States IPO 2024 unusualmachines.com Updated Jun 27, 9:01am
Price
$19.10
Market Cap
$643.6M
Employees
141
Beta
19.89
Avg Volume
5,998,022
CEO
Allan Evans
Business Description

Unusual Machines, Inc. engages in the commercial drone industry. The company offers small drones and essential components. It distributes their products through B2B sale, e-commerce site, and retail channel. The company has a strategic collaboration with Lantronix Inc. for the development of autonomous drone components integrating edge AI compute with flight control systems. The company was formerly known as AerocarveUS Corporation and changed its name to Unusual Machines, Inc. in July 2022. Unusual Machines, Inc. was incorporated in 2019 and is headquartered in Orlando, Florida.

Business History
Price Overview
Last updated: Jun 27, 2026 9:01am (just now)
$19.10
+0.29 (+1.54%)
Day Range
$18.09 – $19.67
52-Week Range
$7.25 – $34.36
50-Day MA
$19.43
200-Day MA
$14.86
Volume
8,844,815.00
Analyst Price Targets
Low $30.00
Consensus $35.00
High $40.00
(5 analysts)
Share Structure
Outstanding 33,696,781.00
Float 29,591,266.00
Free Float 87.8%
High free float — 87.8% of shares trade freely, ~12.2% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Last updated: Jun 27, 2026 9:01am (just now)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 26, 2026 2:44am (1d ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
-25.81
Stock Price: $19.10
EPS (Diluted): -0.74
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
1.89
Stock Price: $19.10
Total Equity: $174.94M
Shares: 26,015,541
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
-18.41
Market Cap: $643.61M
Total Debt: $2.63M
Cash: $103.26M
EBITDA: -$25.01M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$230.8M
Market Cap: $643.61M
Total Debt: $2.63M
Cash: $103.26M
P/S Ratio (Price per dollar of revenue)
API
Stock Price / Revenue Per Share
29.59
Stock Price: $19.10
Revenue: $11.20M
Shares: 26,015,541
EV/Sales (Total value vs revenue — works when P/E can't)
API
20.61
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
33.6%
Gross Profit: $3.77M
Revenue: $11.20M
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
-224.6%
Operating Income: -$25.15M
Revenue: $11.20M
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
-171.4%
Net Income: -$19.19M
Revenue: $11.20M
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
-3.4%
Net Income: -$19.19M
Total Equity: $174.94M
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
-8.6%
Operating Income: -$25.15M
Tax Rate: 0.2%
Equity: $174.94M
Total Debt: $2.63M
Cash: $103.26M
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
61.32
Current Assets: $159.51M
Current Liabilities: $2.60M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.02
Short-Term Debt: $456,429
Long-Term Debt: $2.17M
Total Debt: $2.63M
Total Equity: $174.94M
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$0.43
Revenue: $11.20M
Shares: 26,015,541
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$6.72
Total Equity: $174.94M
Shares: 26,015,541
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$-0.89
Operating CF: -$21.18M
CapEx: -$2.06M
Shares: 26,015,541
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $19.10
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: -$19.19M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares UMAC against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 26, 2026 2:44am (1d ago)
Metric 2021 2022 2023 2024 2025
Revenue $4,989 $0 $0 $5.6M $11.2M
Cost of Revenue $0 $0 $0 $4.0M $7.4M
Gross Profit $4,989 $0 $0 $1.5M $3.8M
Operating Expenses $166,868 $1.2M $2.4M $18.5M $28.9M
Operating Income $-161,879 -$1.2M -$2.4M -$17.0M -$25.2M
Net Income $-161,876 -$1.2M -$2.4M -$32.0M -$19.2M
EBITDA $-161,879 -$1.2M -$2.4M -$31.8M -$25.0M
EPS $-0.02 $-0.17 $-0.31 $-3.84 $-0.74
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 26, 2026 2:44am (1d ago)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $3.8M $3.1M $894,773 $3.8M $103.3M
Total Current Assets $3.9M $3.1M $1.0M $6.1M $159.5M
Total Assets $3.9M $3.3M $1.5M $16.1M $182.7M
Current Liabilities $0 $131,931 $114,497 $933,669 $2.6M
Long-Term Debt $0 $0 $0 $0 $2.2M
Total Liabilities $0 $131,931 $114,497 $1.3M $7.8M
Total Equity $3.9M $3.2M $1.4M $14.8M $174.9M
Retained Earnings $-296,007 -$1.5M -$3.9M -$35.9M -$55.1M
Cash Flow (Annual)
Last updated: Jun 26, 2026 2:44am (1d ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $-162,821 -$1.2M -$1.8M -$4.0M -$21.2M
Capital Expenditure $0 $-4,575 $-3,164 $-3 -$2.1M
Free Cash Flow $-162,820 -$1.2M -$1.8M -$4.0M -$23.2M
Acquisitions (net) $0 $0 $0 $-852,801 $93,054
Debt Repayment
Dividends Paid
Stock Buybacks $0 $0 $0 $0 $0
Net Change in Cash $3.8M $-686,469 -$2.2M $2.9M $99.5M
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 9:01am (just now)
Metric 2026 2027 2028 2029
Revenue $39.5M
$34.6M – $44.3M
$64.0M
$56.0M – $71.8M
$172.1M
$150.3M – $192.9M
$250.0M
$218.4M – $280.3M
EBITDA -$7.9M
-$8.9M – -$6.9M
-$12.8M
-$14.4M – -$11.2M
-$34.4M
-$38.6M – -$30.1M
-$50.0M
-$56.1M – -$43.7M
Net Income -$8.1M
-$9.4M – -$6.8M
-$14.2M
-$16.5M – -$11.9M
-$10.4M
-$12.0M – -$8.7M
$0
EPS
Growth Trends (YoY %)
Last updated: Jun 26, 2026 2:44am (1d ago)
Metric 2022 2023 2024 2025
Revenue Growth -100.0% +101.2%
Gross Profit Growth -100.0% +143.5%
Operating Income Growth -624.0% -103.4% -612.9% -48.0%
Net Income Growth -623.9% -103.4% -1,241.8% +40.0%
EBITDA Growth -623.4% -103.1% -1,237.5% +21.4%
Insider Trading (Recent)
Type codes PPurchase SSale AAward / grant MOption exercise FIn-kind (tax) CConversion GGift DReturn to issuer
All SEC Form 4 codes
Open market
P Purchase
Open-market or private purchase of shares.
S Sale
Open-market or private sale of shares.
Compensation (Rule 16b-3)
A Award / grant
Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
D Return to issuer
Securities disposed back to the company under Rule 16b-3.
F In-kind (tax)
Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
I Discretionary
Discretionary transaction under an employee plan — Rule 16b-3(f).
M Option exercise
Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
C Conversion
Conversion of a derivative security into the underlying shares.
E Short expiration
Expiration of a short derivative position.
H Long expiration
Expiration or cancellation of a long derivative position with value received.
O OTM exercise
Exercise of an out-of-the-money derivative.
X ITM exercise
Exercise of an in-the-money or at-the-money derivative.
Other exempt
G Gift
Bona fide gift of securities.
L Small acquisition
Small acquisition under Rule 16a-6.
W Inheritance
Acquisition or disposition by will or the laws of descent.
Z Voting trust
Deposit into or withdrawal from a voting trust.
Other
J Other
Other acquisition or disposition (explained in a Form 4 footnote).
K Equity swap
Transaction in an equity swap or similar instrument.
U Tender / buyout
Disposition via tender of shares in a change-of-control transaction.

Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.

Date Insider Type Shares Price Value
2026-06-05 Thompson Jeffrey M S-Sale 15,000.00 $26.96 $404,400
2026-06-08 Thompson Jeffrey M S-Sale 15,000.00 $27.42 $411,300
2026-06-04 Camden Andrew Ross S-Sale 100,000.00 $30.05 $3.0M
2026-06-01 Rich Sanford S-Sale 25,000.00 $28.98 $724,543
2026-05-28 Evans Allan Thomas J-Other 500,000.00 $0.00 $0
2026-05-27 Hoff Brian Joseph S-Sale 150,000.00 $17.71 $2.7M
2026-05-20 Thompson Jeffrey M A-Award 2,784.00 $0.00 $0
2026-05-20 Lowry Robert Paul A-Award 2,784.00 $0.00 $0
2026-05-20 Rich Sanford A-Award 2,784.00 $0.00 $0
2026-05-21 Rich Sanford S-Sale 1,392.00 $14.18 $19,736
2026-05-21 Hoff Brian Joseph S-Sale 11,412.00 $14.17 $161,727
2026-05-21 Camden Andrew Ross S-Sale 9,625.00 $14.18 $136,434
2026-03-16 Camden Andrew Ross S-Sale 9,625.00 $18.57 $178,763
2026-03-16 Wright Stacy Rochelle S-Sale 13,750.00 $18.57 $255,306
2026-03-16 Hoff Brian Joseph S-Sale 11,413.00 $18.59 $212,163
2026-03-13 Lowry Robert Paul A-Award 1,961.00 $0.00 $0
2026-03-13 Thompson Jeffrey M A-Award 1,961.00 $0.00 $0
2026-03-13 Rich Sanford A-Award 1,961.00 $0.00 $0
2026-03-16 Rich Sanford S-Sale 980.00 $20.20 $19,796
2026-01-23 Hoff Brian Joseph A-Award 110,000.00 $0.00 $0
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for UMAC — it's generated by the pipeline (market-narrative step).
Community AI Feedback
No community reviews yet for UMAC. Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30