Volato Group Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4.35	2.16	14.49	5.78	1.61
Cash & Short-Term Investments	6.26	2.16	14.49	5.78	1.61
Cash Growth	66.53%	-85.08%	150.75%	259.23%	-
Receivables	0.67	0	0.44	1.88	0.42
Prepaid Expenses	0.66	1.07	1.87	2.21	0.58
Restricted Cash	-	1.84	-	-	-
Other Current Assets	3.75	38.24	29.7	0.83	1.5
Total Current Assets	11.33	43.31	46.5	10.7	4.11
Property, Plant & Equipment	0.48	0.85	0.85	1.92	10.5
Long-Term Investments	-	-	-	1.16	0.16
Goodwill	-	0.64	0.64	0.64	-
Other Intangible Assets	-	1.2	1.39	1.62	0.16
Other Long-Term Assets	0.07	0.3	22.34	14.23	0.06
Total Assets	13.59	46.3	71.71	30.26	14.99
Accounts Payable	2.66	5.71	4.26	3.66	0.52
Accrued Expenses	-	-	-	-	0.02
Short-Term Debt	3.07	4.05	1	23.99	6
Current Portion of Long-Term Debt	-	28.86	20.11	0.06	-
Current Portion of Leases	0.04	0.04	-	0.28	-
Other Current Liabilities	3.62	23.55	22.28	2.16	0.55
Total Current Liabilities	9.39	62.2	47.64	30.16	7.08
Long-Term Debt	-	-	8.05	4.17	-
Long-Term Leases	0.1	0.13	-	1.29	-
Long-Term Deferred Tax Liabilities	-	0.31	0.31	0.31	-
Other Long-Term Liabilities	-	-	0.97	-	-
Total Liabilities	9.49	62.63	56.96	35.93	7.08
Common Stock	0.01	0.01	0	0	0.01
Additional Paid-In Capital	97.21	87.97	78.41	5.19	5.12
Retained Earnings	-93.11	-104.31	-63.66	-10.84	-1.47
Comprehensive Income & Other	-	-	-	-0.02	-0.05
Total Common Equity	4.11	-16.33	14.75	-5.67	3.61
Minority Interest	-	-	-	-	4.3
Shareholders' Equity	4.11	-16.33	14.75	-5.67	7.91
Total Liabilities & Equity	13.59	46.3	71.71	30.26	14.99
Total Debt	3.2	33.07	29.16	29.8	6
Net Cash (Debt)	3.06	-30.91	-14.68	-24.02	-4.39
Net Cash Per Share	0.67	-18.57	-24.07	-1065.67	-357.47
Filing Date Shares Outstanding	7.44	1.9	1.17	0.28	0.01
Total Common Shares Outstanding	7.44	1.84	1.12	0.28	0.01
Working Capital	1.95	-18.89	-1.14	-19.46	-2.97
Book Value Per Share	0.55	-8.86	13.15	-19.90	293.68
Tangible Book Value	4.11	-18.17	12.73	-7.92	3.45
Tangible Book Value Per Share	0.55	-9.85	11.34	-27.80	280.42
Machinery	0.19	0.27	0.3	0.24	10.52

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q