Volato Reports $40.3 million in Revenue and Confirms NYSE Acceptance of Compliance Plan in Third Quarter 10-Q
Volato Group, Inc. Class A (SOAR)
Company Research
Source: Business Wire
ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato” or the “Company”), announced the filing of the third quarter 2024 Form 10-Q with the Securities and Exchange Commission (SEC). The Form 10-Q can be found at https://ir.flyvolato.com/financial-information/sec-filings or at www.sec.gov.Third Quarter 2024 Financial SummaryTotal revenue for the third quarter increased $36.6 million year-over-year, primarily from an increase in aircraft sales of $38.2 million and subscription revenue of $308 thousand. The increase in revenue from aircraft sales was the result of the delivery and sale of two HondaJet Elite IIs and one Gulfstream G280 during the third quarter of 2024. We have orders for three additional Gulfstream G280 jets and expect delivery in 2025.Net loss from continuing operations for the third quarter improved to $1.3 million compared to a net loss from continuing operations of $2.6 million in the prior year period. Adjusted EBITDA in the third quarter wa
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News
- Volato Reports Third Quarter 2024 ResultsBusiness Wire
- Vaunt Launches Third-Party Operator Program Following Successful flyExclusive IntegrationBusiness Wire
- Vaunt Reaches First Milestone with flyExclusive Flights Now AvailableBusiness Wire
- Volato Announces Acceptance of Compliance Plan by NYSE AmericanBusiness Wire
- Volato Announces Strategic Agreement with flyExclusive and Outlines Continued Growth PlansBusiness Wire
SOAR
Sec Filings
- 11/20/24 - Form 424B3
- 11/19/24 - Form 10-Q
- 11/18/24 - Form 424B3
- SOAR's page on the SEC website