See more : Global Care Capital Inc. (HLTH.CN) Income Statement Analysis – Financial Results
Complete financial analysis of Volato Group, Inc. (SOAR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Volato Group, Inc., a leading company in the Airlines, Airports & Air Services industry within the Industrials sector.
You may be interested
- China Chemical & Pharmaceutical Co., Ltd. (1701.TW) Income Statement Analysis – Financial Results
- KORE Mining Ltd. (KOREF) Income Statement Analysis – Financial Results
- Zhejiang Crystal-Optech Co., Ltd (002273.SZ) Income Statement Analysis – Financial Results
- Tokyo Ohka Kogyo Co., Ltd. (4186.T) Income Statement Analysis – Financial Results
- EMP Metals Corp. (EMPS.CN) Income Statement Analysis – Financial Results
Volato Group, Inc. (SOAR)
About Volato Group, Inc.
Volato Group, Inc. operates as a private aviation company. The company offers fractional ownership, aircraft management, jet cards, deposit, and charter programs. As of December 31, 2023, it operated a fleet of 24 HondaJets and a managed fleet of 6 aircraft. The company was founded in 2021 and is based in Chamblee, Georgia.
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Revenue | 73.34M | 96.71M | 1.06M |
| Cost of Revenue | 82.03M | 94.28M | 853.29K |
| Gross Profit | -8.69M | 2.43M | 202.56K |
| Gross Profit Ratio | -11.85% | 2.51% | 19.18% |
| Research & Development | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 11.04M | 1.98M |
| Selling & Marketing | 0.00 | 404.68K | 387.87K |
| SG&A | 28.82M | 11.61M | 2.37M |
| Other Expenses | 0.00 | 15.00K | 0.00 |
| Operating Expenses | 28.82M | 11.61M | 2.40M |
| Cost & Expenses | 110.85M | 105.89M | 3.25M |
| Interest Income | 0.00 | 2.28K | 0.00 |
| Interest Expense | 3.36M | 866.00K | 57.91K |
| Depreciation & Amortization | 496.00K | 162.00K | 26.24K |
| EBITDA | -48.97M | -8.43M | -1.42M |
| EBITDA Ratio | -66.77% | -9.32% | -206.53% |
| Operating Income | -37.51M | -9.19M | -2.19M |
| Operating Income Ratio | -51.15% | -9.50% | -207.88% |
| Total Other Income/Expenses | -15.31M | -270.00K | 687.70K |
| Income Before Tax | -52.82M | -9.46M | -1.51M |
| Income Before Tax Ratio | -72.02% | -9.78% | -142.75% |
| Income Tax Expense | 2.00K | -55.00K | 12.05K |
| Net Income | -52.82M | -9.37M | -1.47M |
| Net Income Ratio | -72.03% | -9.69% | -139.54% |
| EPS | -3.46 | -0.83 | -0.04 |
| EPS Diluted | -3.46 | -0.83 | -0.04 |
| Weighted Avg Shares Out | 15.25M | 11.27M | 34.50M |
| Weighted Avg Shares Out (Dil) | 15.25M | 11.27M | 34.50M |
Glancy Prongay & Murray LLP Announces Investigation of Volato Group, Inc. (SOAR) (f/k/a PROOF Acquisition Corp I)
NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Volato Group, Inc. (NYSE American: SOAR) (f/k/a PROOF Acquisition Corp I) concerning the Company and its directors' and officers' possible violations of state laws. If you own Volato...
Volato Expands Operational KPI Disclosures
ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (“Volato,” or the “Company”) (NYSE American: SOAR), a leading private aviation company in the United States, today supplemented its January 4, 2024 disclosure of Key Performance Indicators (KPIs) with Empty Percentage, Demand Mix, and Blended Yield...
Volato Partners with Banyan Air Service to Expand Maintenance Capabilities in Southeast for Growing Fleet of HondaJets
ATLANTA--(BUSINESS WIRE)--Volato Inc. (NYSE American: SOAR) (“Volato”), a leading private aviation company and the largest HondaJet operator in the United States, today announced a strategic agreement with Banyan Air Service to expand HondaJet maintenance at Volato's primary operational base. As...
Volato Reports Operational KPIs for 2023
ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR), a leading private aviation company in the United States, today announced three Key Performance Indicators (KPIs), including Total Flight Hours, Light Jet Market Share and Net Promoter Score, to provide stakeholders with greater...
Volato Expands HondaJet Fleet by 50% to 24 Aircraft
ATLANTA--(BUSINESS WIRE)--Volato Inc., (NYSE American: SOAR) (“Volato”) a leading private aviation company and the largest HondaJet operator in the United States, today announced that it has expanded its fleet by 50% to a total of 24 HondaJet aircraft as of...
Volato's Vice President of Operations, Josh Newsteder, Appointed to HJOPA Board of Directors
ATLANTA--(BUSINESS WIRE)--Volato Inc., (NYSE American: SOAR) (“Volato”) a leading private aviation company in the United States, today announced that Josh Newsteder, Vice President of Operations, has been appointed to the Board of Directors of the HondaJet Owners and Pilots Association...
Volato Launches Partner Benefits Program to Provide Elevated Luxury Experiences for Members
ATLANTA--(BUSINESS WIRE)--Volato, (NYSE American: SOAR) (“Volato”) a leading private aviation company in the United States, today announced its new Volato Partner Benefits program, available to all Volato Fractional Owners and Volato Insider Members. Access to partner offers, experiences, upgrades and...
Why Is Volato (SOAR) Stock Up 88% Today?
Volato (NYSEMKT: SOAR ) stock is on the rise Tuesday after the company completed its special purpose acquisition company (SPAC) merger with PROOF Acquisition Corp I. That merger successfully closed on Friday with the combined company's shares starting to trade on...
Source: https://incomestatements.info
Category: Stock Reports