Volato Group, Inc. financial data

Symbol
SOAR on NYSE, SOARW on OTC
Industry
Air Transportation, Nonscheduled
Location
1954 Airport Road, Suite 124, Chamblee, GA
State of incorporation
DE
Fiscal year end
December 31
Former names
PROOF Acquisition Corp I (to 12/4/2023)
Latest financial report
10-Q - Q3 2024 - Nov 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 78.1 % +112%
Debt-to-equity -1.49K % -2308%
Return On Equity 1.37K % +588%
Return On Assets -98.5 % -198%
Operating Margin -41.7 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 29.8M shares
Common Stock, Shares, Outstanding 29.5M shares
Entity Public Float 68.1M USD
Common Stock, Value, Issued 3K USD
Weighted Average Number of Shares Outstanding, Basic 29.5M shares +76.2%
Weighted Average Number of Shares Outstanding, Diluted 29.5M shares +76.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 0 USD
Revenue from Contract with Customer, Excluding Assessed Tax 110M USD +1002%
Cost of Revenue 115M USD +913%
Costs and Expenses 155M USD +600%
Operating Income (Loss) -45.7M USD -70.3%
Nonoperating Income (Expense) -22.8M USD -874%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -68.5M USD -135%
Income Tax Expense (Benefit) 28K USD
Net Income (Loss) Attributable to Parent -62.4M USD -63.3%
Earnings Per Share, Basic -2.55 USD/shares +78.9%
Earnings Per Share, Diluted -2.55 USD/shares +78.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 118K USD
Assets, Current 43.8M USD +7050%
Operating Lease, Right-of-Use Asset 176K USD
Intangible Assets, Net (Excluding Goodwill) 1.35M USD
Goodwill 635K USD
Assets 47.9M USD -32%
Accrued Liabilities, Current 1.29M USD +456%
Contract with Customer, Liability, Current 11.8M USD
Liabilities, Current 66.4M USD +1102%
Deferred Income Tax Liabilities, Net 305K USD
Operating Lease, Liability, Noncurrent 139K USD
Liabilities 67.6M USD +1109%
Retained Earnings (Accumulated Deficit) -102M USD -2252%
Stockholders' Equity Attributable to Parent -19.6M USD +43.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 14.8M USD
Liabilities and Equity 47.9M USD -32%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -7.7M USD -1.16%
Net Cash Provided by (Used in) Financing Activities -684K USD -113%
Net Cash Provided by (Used in) Investing Activities -56K USD -103%
Common Stock, Shares Authorized 80M shares
Common Stock, Shares, Issued 29.5M 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 -8.44M USD -4862%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.6M USD -44.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.12M USD +335%
Deferred Tax Assets, Valuation Allowance 13.1M USD +407%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 12.9M USD +380%
Operating Lease, Liability 1.29M USD
Depreciation 172K USD -21.7%
Payments to Acquire Property, Plant, and Equipment 56K USD -79.3%
Lessee, Operating Lease, Liability, to be Paid 1.58M USD
Operating Lease, Liability, Current 37K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 471K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 464K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 284K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 479K USD
Deferred Tax Assets, Operating Loss Carryforwards 11.5M USD +313%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 161K USD
Additional Paid in Capital 82.8M USD
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 61K USD 0%
Depreciation, Depletion and Amortization 80K USD +77.8%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%