Vaunt Reaches $1 Million of Annual Recurring Revenue in 2024
Volato Group, Inc. Class A (SOAR)
Company Research
Source: Business Wire
Modern service offering uses technology to fill “empty” legs with new customers, tackling an industry issue of empty planes being repositioned for the next flight ATLANTA--(BUSINESS WIRE)--Vaunt, a platform for connecting travelers to private flights, powered by Volato (NYSE American: SOAR), a leading private aviation company and the largest HondaJet operator in the United States, today announced that it has achieved $1 million of annual recurring revenue (ARR) from paid subscriptions.“We are pleased with the enthusiastic customer response to Vaunt, with nearly 45,000 registered users to date, helping us achieve the significant milestone of over $1 million in ARR, annual recurring revenue, in less than 8 months since our commercial launch,” said Nicholas Cooper, President of Vaunt. “Our growing user base gives us a pipeline to acquire new subscribers as well as a critical mass of users for Vaunt to continue to share their Volato experiences with friends, family, and their networks.
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SOAR
Sec Filings
- 6/24/24 - Form 8-K
- 6/24/24 - Form 8-K/A
- 6/21/24 - Form 8-K
- SOAR's page on the SEC website