Volato Group, Inc. financial data

Symbol
PACI, PACI-UN, PACI-WT on NYSE
Industry
Air Transportation, Nonscheduled
Location
1954 Airport Road, Suite 124, Chamblee, Georgia
State of incorporation
Delaware
Fiscal year end
December 31
Former names
PROOF Acquisition Corp I (to 12/4/2023)
Latest financial report
Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 81.7 % +53%
Debt-to-equity 1.3 K %
Return On Equity -2.43 K % -1329%
Return On Assets -89.2 % -1108%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 29.3 M shares
Common Stock, Shares, Outstanding 29.3 M shares
Common Stock, Value, Issued 3 K USD
Weighted Average Number of Shares Outstanding, Basic 29.1 M shares +158%
Weighted Average Number of Shares Outstanding, Diluted 29.1 M shares +158%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 13.2 M USD -15.7%
Cost of Revenue 17.5 M USD +0.74%
Costs and Expenses 29.2 M USD +24%
Operating Income (Loss) -45.6 M USD -175%
Nonoperating Income (Expense) -17.1 M USD -16962%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -62.7 M USD -280%
Income Tax Expense (Benefit) 8 K USD
Net Income (Loss) Attributable to Parent -62.7 M USD -282%
Earnings Per Share, Basic -0.6 USD/shares +10.4%
Earnings Per Share, Diluted -0.6 USD/shares +10.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 2.45 M USD
Assets, Current 39.6 M USD +2382%
Operating Lease, Right-of-Use Asset 1.2 M USD
Intangible Assets, Net (Excluding Goodwill) 1.38 M USD
Goodwill 635 K USD
Assets 68.2 M USD -76.5%
Contract with Customer, Liability, Current 19 M USD
Liabilities, Current 51.3 M USD +4006%
Deferred Income Tax Liabilities, Net 305 K USD
Operating Lease, Liability, Noncurrent 875 K USD
Liabilities 66.5 M USD +4397%
Retained Earnings (Accumulated Deficit) -81.1 M USD -5290%
Stockholders' Equity Attributable to Parent 1.69 M USD
Liabilities and Equity 68.2 M USD -76.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -7.7 M USD -1.16%
Net Cash Provided by (Used in) Financing Activities -684 K USD -113%
Net Cash Provided by (Used in) Investing Activities -56 K USD -103%
Common Stock, Shares Authorized 80 M shares
Common Stock, Shares, Issued 29.3 M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -8.44 M USD -4862%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 8.29 M USD +7.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.12 M USD +335%
Depreciation 65 K USD +117%
Payments to Acquire Property, Plant, and Equipment 56 K USD -79.3%
Operating Lease, Liability, Current 338 K USD
Preferred Stock, Shares Issued 0 shares
Additional Paid in Capital 82.7 M USD
Amortization of Intangible Assets 15 K USD 0%
Depreciation, Depletion and Amortization 80 K USD +77.8%