Volato Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	102.27	73.34	96.71	1.06
Revenue Growth (YoY)	97.25%	-24.16%	9059.08%	-
Cost of Revenue	105.2	82.03	94.28	0.85
Gross Profit	-2.93	-8.69	2.43	0.2
Selling, General & Admin	36.52	28.82	11.61	2.37
Operating Expenses	36.52	28.82	11.61	2.4
Operating Income	-39.46	-37.51	-9.19	-2.19
Interest Expense	-6.53	-3.36	-0.87	-0.06
Other Non Operating Income (Expenses)	-16.08	-13.22	0.02	-
EBT Excluding Unusual Items	-62.06	-54.09	-10.04	-2.25
Gain (Loss) on Sale of Investments	0.72	0.88	-	-0.01
Gain (Loss) on Sale of Assets	-	0.39	0.58	0.76
Pretax Income	-61.34	-52.82	-9.46	-1.51
Income Tax Expense	0.03	0	-0.06	-
Earnings From Continuing Operations	-61.37	-52.82	-9.4	-1.51
Minority Interest in Earnings	-	-	0.03	0.03
Net Income	-62.36	-52.82	-9.37	-1.47
Net Income to Common	-62.36	-52.82	-9.37	-1.47
Shares Outstanding (Basic)	0	0	0	0
Shares Outstanding (Diluted)	0	0	0	0
Shares Change (YoY)	73.74%	35.28%	83.45%	-
EPS (Basic)	-1135.69	-1732.44	-415.61	-119.92
EPS (Diluted)	-1135.69	-1732.44	-415.61	-119.92
Free Cash Flow	-17.35	-31.03	-21.69	-18.3
Free Cash Flow Per Share	-315.98	-1017.74	-962.42	-1489.33
Gross Margin	-2.87%	-11.85%	2.51%	19.18%
Operating Margin	-38.58%	-51.14%	-9.50%	-207.88%
Profit Margin	-60.98%	-72.02%	-9.69%	-139.54%
Free Cash Flow Margin	-16.97%	-42.31%	-22.43%	-1733.01%
EBITDA	-39.21	-37.31	-9.02	-2.17
EBITDA Margin	-38.34%	-50.87%	-9.33%	-205.39%
D&A For EBITDA	0.24	0.2	0.16	0.03
EBIT	-39.46	-37.51	-9.19	-2.19
EBIT Margin	-38.58%	-51.14%	-9.50%	-207.88%
Advertising Expenses	-	-	-	0.39

Updated Nov 19, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q