Volato Group, Inc. (SOAR)

Volato Group Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	52.14	46.29	35.57	96.71	1.06
Revenue Growth (YoY)	-	30.12%	-63.21%	9059.08%	-
Cost of Revenue	43.18	38.79	30.78	94.28	0.85
Gross Profit	8.96	7.5	4.79	2.43	0.2
Selling, General & Admin	11.06	16.86	9.24	11.61	2.37
Depreciation & Amortization Expenses	-	-	-	-	0.03
Total Operating Expenses	11.06	16.86	9.24	11.61	2.4
Operating Income	-2.1	-9.37	-4.44	-9.19	-2.19
Interest Expense	-6.19	-7.49	-3.36	-0.87	-0.06
Other Non-Operating Income (Expense)	13.83	-18.64	-29.03	0.33	1.43
Total Non-Operating Income (Expense)	7.64	-26.14	-32.39	-0.54	1.38
Pretax Income	0.44	-22.43	-20.63	-9.46	-1.51
Provision for Income Taxes	0.56	-0.51	0	-0.06	-
Net Income	5.7	-21.93	-20.64	-9.4	-1.51
Net Income to Common	5.7	-21.93	-20.64	-9.4	-1.51
Shares Outstanding (Basic)	3	2	1	0	0
Shares Outstanding (Diluted)	7	2	1	0	0
Shares Change (YoY)	538.16%	172.96%	27.15%	95.17%	-
EPS (Basic)	22.72	-13.17	-33.02	-20.75	-6.00
EPS (Diluted)	21.76	-13.17	-33.02	-20.75	-6.00
Free Cash Flow	-8.32	-17.06	-31.03	-21.69	-18.3
Free Cash Flow Per Share	-1.19	-10.25	-50.89	-45.23	-74.47
Gross Margin	17.19%	16.19%	13.48%	2.51%	19.18%
Operating Margin	1.60%	-20.23%	-12.48%	-9.50%	-207.88%
Profit Margin	10.31%	-47.37%	-58.01%	-9.72%	-142.75%
FCF Margin	-15.95%	-36.86%	-87.23%	-22.43%	-1733.01%
EBITDA	1.18	-9.02	-4.24	-9.02	-2.17
EBITDA Margin	2.26%	-19.50%	-11.92%	-9.33%	-205.39%
EBIT	-2.1	-9.37	-4.44	-9.19	-2.19
EBIT Margin	1.60%	-20.23%	-12.48%	-9.50%	-207.88%
Effective Tax Rate	9.42%	2.26%	-0.01%	0.58%	0.00%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q