Volato Group Inc

NYSEAM:SOAR

United States / Industrials / Passenger Airlines

Overview

News

5Y Historical Financials

Stock Price

1.64 USD


Key Metrics	Latest
Total Revenue	102.3 M
Adjusted EBITDA	-39.214 M
EBITDA Margin	-38.3%
Net Profit Margin	-61.5%
Total Assets	47.934 M
Total Debt	30.77 M

5Y Historical Financial Statements

Summary Financials


Summary Financials

	Fiscal Year Ending					Latest	Year-to-date Ending
(in millions)			Dec-21	Dec-22	Dec-23	12 Months	Sep-23	Sep-24

Revenue	0.00	0.00	1.06	96.71	73.34	102.27	15.93	44.87
% Growth		NA	NA	90.59	(0.24)			1.82

Adjusted EBITDA	0.00	0.00	(2.17)	(9.02)	(37.31)	(39.21)	(4.36)	(6.27)
% Margin	NA	NA	(2.05)	(0.09)	(0.51)	(0.38)	(0.27)	(0.14)

Adjusted EBIT	0.00	0.00	(2.19)	(9.19)	(37.51)	(39.46)	(4.48)	(6.43)
% Margin	NA	NA	(2.08)	(0.09)	(0.51)	(0.39)	(0.28)	(0.14)

Adjusted Net Income	0.00	0.00	(2.06)	(9.83)	(53.76)	(62.90)	(29.49)	(38.62)
% Margin	NA	NA	(1.95)	(0.10)	(0.73)	(0.61)	(1.85)	(0.86)

Adjusted Basic EPS	NA	NA	(167.58)	(436.15)	(1,763.26)	(997.53)	(1,119.95)	(655.84)

Supporting Calculations

Income Statement

Balance Sheet

Statement of Cashflows


Income Statement
						Original
USD	Fiscal Year Ending					Latest	Year-to-date Ending
(in millions)			Dec-21	Dec-22	Dec-23	Sep-24	Sep-23	Sep-24
	FY - 4	FY - 3	FY - 2	FY - 1	FY	LTM	YTD-1	YTD

Revenue	0	0	1	97	73	102	16	45
% Growth	NA	NA	NA	9059.1%	-24.2%			181.6%

Cost of Revenue	0	0	(1)	(94)	(82)	(105)	(15)	(38)
Gross Profit	0	0	0	2	(9)	(3)	1	7
% Revenue	NA	NA	19.2%	2.5%	-11.8%	-2.9%	8.2%	15.7%

Research and Development	0	0	0	0	0	0	(0)	(0)
Selling and Marketing	0	0	(0)	0	0	(2)	(1)	(3)
General and Admin	0	0	(2)	(12)	(29)	(35)	(4)	(10)
Other Inc / (Exp)	0	0	1	1	(12)	(15)	1	(3)
Total Operating Exp	0	0	(2)	(11)	(41)	(52)	(5)	(16)

Operating Income	0	0	(1)	(9)	(49)	(55)	(4)	(9)
% Revenue	NA	NA	-137.3%	-8.9%	-67.4%	-53.6%	-24.2%	-20.5%

Interest Expense	0	0	(0)	(1)	(3)	(7)	(2)	(6)
Pre-tax Income	0	0	(2)	(9)	(53)	(61)	(6)	(15)
Earnings of Discontinued Ops.	0	0	0	0	0	(1)	(23)	(24)
Provision for Taxes	0	0	0	0	(0)	(0)	0	(0)
Net Income to Company	0	0	(2)	(9)	(53)	(62)	(29)	(39)
% Margin	NA	NA	-142.7%	-9.7%	-72.0%	-61.0%	-183.3%	-86.4%

Minority Interest in Earnings	0	0	0	0	0	0	0	0
Net Income to Stockholders	0	0	(1)	(9)	(53)	(62)	(29)	(39)

Preferred Dividends	0	0	0	0	0	0	0	0
Other Adj.	0	0	0	0	0	1	23	24

Net Income to Common	0	0	(1)	(9)	(53)	(61)	(6)	(15)
% Margin	NA	NA	-139.5%	-9.7%	-72.0%	-60.0%	-39.4%	-33.0%

As Reported
Basic EPS (Continuing Ops)	0.00	0.00	(119.92)	(415.61)	(1,732.44)	(1,745.73)	(238.46)	(251.76)
Diluted EPS (Continuing Ops)	0.00	0.00	(119.92)	(415.61)	(1,732.44)	(1,745.73)	(238.46)	(251.76)

WA Basic Shares Out.	0.00	0.00	0.01	0.02	0.03	0.06	0.03	0.06
WA Diluted Shares Out.	0.00	0.00	0.01	0.02	0.03	0.06	0.03	0.06

EBITDA, EBIT Reconciliation
EBT, Incl. Unusual Items	0	0	(2)	(9)	(53)	(61)	(6)	(15)
Addback: Net Interest Expense	0	0	0	1	3	7	2	6
Addback: Other Non Operating Expenses, Total	0	0	0	(0)	13	16	(0)	3
Addback: Depreciation & Amortization	0	0	0	0	0	0	0	0
Addback: Restructuring Charges	0	0	0	0	0	0	0	0
Addback: Merger / Acquisition Expenses	0	0	0	0	0	0	0	0
Addback: Goodwill Impairment	0	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Invest.	0	0	0	0	(1)	(1)	0	0
Addback: Gain (Loss) On Sale Of Assets	0	0	(1)	(1)	(0)	0	(0)	0
Addback: Asset Writedown	0	0	0	0	0	0	0	0
Addback: In Process R&D Expenses	0	0	0	0	0	0	0	0
Addback: Insurance Settlements	0	0	0	0	0	0	0	0
Addback: Legal Settlements	0	0	0	0	0	0	0	0
Addback: Other Unusual Items	0	0	0	0	0	0	0	0
Adjusted EBITDA	0	0	(2)	(9)	(37)	(39)	(4)	(6)
% Margin	NA	NA	-205.4%	-9.3%	-50.9%	-38.3%	-27.4%	-14.0%

Adjusted EBIT	0	0	(2)	(9)	(38)	(39)	(4)	(6)
% Margin	NA	NA	-207.9%	-9.5%	-51.1%	-38.6%	-28.1%	-14.3%

Adjusted Net Income Reconciliation
Net Income to Company	0	0	(2)	(9)	(53)	(62)	(29)	(39)
Addback: Unusual Items	0	0	(1)	(1)	(1)	(1)	(0)	0
Less: Tax Benefit of Unusual Items (26%)	0	0	0	0	0	0	0	(0)
Adjusted Net Income	0	0	(2)	(10)	(54)	(63)	(29)	(39)
% Margin	NA	NA	-195.0%	-10.2%	-73.3%	-61.5%	-185.1%	-86.1%

Loading Error

Volato Group Inc

NYSEAM:SOAR

United States / Industrials / Passenger Airlines

5Y Historical Financials