UM

Unusual Machines, Inc.

UMAC·AMEX

$30.98

-7.3%
Financial ServicesShell Companies

Unusual Machines, Inc. designs, manufactures, and sells ultra-low latency video goggles for drone pilots. It also operates a drone-focused e-commerce marketplace. 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 based in San Juan, Puerto Rico.

At a Glance

Live Snapshot
Market Cap$1.04B
EPS-0.7400
P/E Ratio-41.86
Earnings Date08/13/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -41.9).

Valuation inputs: P/E -41.9, earnings yield N/A, momentum -7.3%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -11.0%, ROIC -13.9%).

Profitability stack: net margin -1.7%, ROE -11.0%, ROIC -13.9%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +4.3%, momentum -7.3%, net margin -1.7%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Unusual Machines, Inc. Market vs Earnings Trajectory

UMAC · AMEX

Loading price and EPS data...

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Unusual Machines, Inc. Fair Value Envelope

UMAC · AMEX

Our analysis suggests that UMAC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $30.98, this represents a potential HIDDEN relative to our calculated worth for Unusual Machines, Inc..

Intrinsic Value
Current Price: $30.98
3Y+335.0%
5Y+3294.0%
10Y+3294.0%
3Y-
5Y+224378.0%
10Y+224378.0%
3Y+1538.0%
5Y+11757.0%
10Y+11757.0%
3Y+1681.0%
5Y+12907.0%
10Y+12907.0%
3Y+1847.0%
5Y+14173.0%
10Y+14173.0%
3Y+5386.0%
5Y+4582.0%
10Y+4582.0%
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Unusual Machines, Inc. Profit Bridge

UMAC · AMEX
Revenue11.20M
Cost of Goods Sold (7.43M)
Gross Profit3.77M
Operating Expenses (28.92M)
Operating Income-25.15M
Interest Expense (519.00)
Other Income/Expense5.92M
Pretax Income-19.23M
Income Tax (-36.25K)
Net Income-19.19M
Net Income
-19.19M

Profitability Analysis

Gross Margin

33.6%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

-224.6%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-171.4%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

33.62%
Gross Profit Margin
21%
3Y-
5Y-66.0%
10Y-66.0%
-224.59%
Operating Profit Margin
-26%
3Y-
5Y-93.0%
10Y-93.0%
-171.38%
Net Profit Margin
-70%
3Y-
5Y-95.0%
10Y-95.0%
-10.97%
Return on Equity
-95%
3Y-70.0%
5Y+164.0%
10Y+164.0%
-10.51%
Return on Assets
-95%
3Y-70.0%
5Y+153.0%
10Y+153.0%
-13.90%
Return on Invested Capital
-88%
3Y-62.0%
5Y+235.0%
10Y+235.0%
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Unusual Machines, Inc. Cash Conversion Engine

UMAC · AMEX
Net Income-19.19M
Depreciation & Amortization141.27K
Stock-Based Compensation15.62M
Change in Working Capital-13.63M
Others-4.08M
Capital Expenditures-2.06M
Free Cash Flow-23.24M

Cash Flow Quality Analysis

FCF Conversion Rate

121.1%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

-9.7%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-481.5%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$13.63M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

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Unusual Machines, Inc. Funding & Solvency Profile

UMAC · AMEX
Cash & Cash Equivalents222.94M
Net Receivables3.13M
Inventory13.83M
Other Current Assets75.31M
Total Current Assets315 M
Property, Plant & Equipment6.20M
Goodwill & Intangible Assets18.10M
Long-Term Investments0.00
Other Non-Current Assets198.73K
Total Non-Current Assets6 M
Total Assets
339.70M

Financial Health Analysis

Current Ratio

128.23x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.02x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

313 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

93% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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Unusual Machines, Inc. Street Expectations Map

UMAC · AMEX

Wall Street analysts project that UMAC stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 31.00, with estimates ranging from a low of 22.00 to a high of 40.00.

Lowest Target
22.00
-28.99%
Consensus Target
31.00
0.06%
Highest Target
40.00
29.12%

The consensus 1-year price target stands at 31.00, with estimates ranging from a low of 22.00 to a high of 40.00.

Analyst Consensus Analysis

Upside Potential

+0.1%

Fair value territory. Stock trading near consensus target suggests limited near-term catalysts. Focus on fundamental developments.

Analyst Agreement

58.1% spread

Mixed analyst views. Wide target range suggests differing opinions on key value drivers, growth prospects, or risk factors.

Risk-Reward Profile

1.00x

Balanced risk-reward. Upside and downside potential relatively symmetric. Suitable for moderate risk tolerance with conviction in thesis.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Unusual Machines, Inc. Insider Positioning

UMAC · AMEX

During the last 12 months, insiders have sold $7.06M worth of UMAC shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

233.2K

4.36M

Net Activity

-4.4M

-$4.36M

3-6 Months

Bought

0

0.00

Sold

147.2K

1.33M

Net Activity

-1.3M

-$1.33M

6-9 Months

Bought

0

0.00

Sold

25.8K

234.13K

Net Activity

-234K

-$234K

9-12 Months

Bought

0

0.00

Sold

111.3K

1.12M

Net Activity

-1.1M

-$1.12M

Top Buyers

No buying activity

Top Sellers

1
HBJ

Hoff Brian Joseph

Officer: Chief Financial Officer

299.1K shares7 transactions

$4.31M

2
CAR

Camden Andrew Ross

Officer: President

146.8K shares7 transactions

$1.60M

3
RS

Rich Sanford

Director

38.5K shares4 transactions

$786K

4
WSR

Wright Stacy Rochelle

Officer: Chief Revenue Officer

13.8K shares1 transactions

$255K

5
CC

Colon Cristina

Director

8.3K shares1 transactions

$75K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $7.06M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$4.36M

Heavy recent selling activity. Recent insider sales notably exceed purchases—may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

No Dividend Yield Data

UMAC has not reported any dividend yield values in the available annual periods.

 

umac Dividend History

UMAC
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%