- UMAC is 82% of the remaining brokerage after the author withdrew cash; they will hold or buy through the bottom unless non-price evidence changes the thesis.
- The selloff reflects Trump-linked exposure, negative earnings, and small-cap defense weakness, despite UMAC's stated huge net cash position and no immediate financing need.
- Author expects Q3 to be a pause quarter: $14M±$1M revenue, cash draw, inventory build, and roughly $18M net loss; further punishment remains possible.
- The forecast calls for $65M FY26 revenue, over $180M in FY27, and operating profitability in Q1 or Q2, with Q4 expected to set a revenue record.
Investment pitches
filter:
63