Volato Group, Inc. (SOAR)

Volato Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-62.36	-52.82	-9.37	-1.47
Depreciation & Amortization	0.56	0.5	0.16	0.03
Other Amortization	0.1	0.18	0.04	-
Loss (Gain) From Sale of Assets	-	-0.39	-	-
Loss (Gain) From Sale of Investments	-0.91	-0.91	-0.54	-0.76
Loss (Gain) on Equity Investments	-	-	-	0.01
Stock-Based Compensation	0.18	0.18	0.02	0
Other Operating Activities	17.38	13.4	-0.08	-0.03
Change in Accounts Receivable	-0.96	-1.11	-2.22	-0.42
Change in Accounts Payable	6.08	5.66	2.22	0.61
Change in Unearned Revenue	-	-	-	0.55
Change in Other Net Operating Assets	21.38	4.91	-11.66	-2.12
Operating Cash Flow	-17.39	-30.39	-21.43	-3.61
Capital Expenditures	0.04	-0.64	-0.26	-14.69
Cash Acquisitions	-	-	-1.17	-
Divestitures	0.16	0.51	-	-
Investment in Securities	1.91	1.91	6.58	2.88
Investing Cash Flow	0.2	1.78	5.15	-11.81
Short-Term Debt Issued	-	13.67	28.33	13
Total Debt Issued	4	13.67	28.33	13
Short-Term Debt Repaid	-	-	-5.8	-5.7
Long-Term Debt Repaid	-	-0.79	-0.01	-
Total Debt Repaid	-3.91	-0.79	-5.81	-5.7
Net Debt Issued (Repaid)	0.1	12.88	22.52	7.3
Issuance of Common Stock	0.05	0.04	0.04	5.33
Other Financing Activities	0.34	0.34	-	-
Financing Cash Flow	12.64	37.46	22.56	17.03
Net Cash Flow	-4.56	8.84	6.27	1.61
Free Cash Flow	-17.35	-31.03	-21.69	-18.3
Free Cash Flow Margin	-16.97%	-42.31%	-22.43%	-1733.01%
Free Cash Flow Per Share	-0.63	-2.04	-1.92	-2.98
Cash Interest Paid	5.23	2.27	0.06	0.04
Levered Free Cash Flow	-13.21	-31.27	-4	-
Unlevered Free Cash Flow	-9.24	-29.35	-3.5	-
Change in Net Working Capital	-14.65	5.94	-2.32	-

Source: S&P Capital IQ. Standard template. Financial Sources.