SOAR
Income statement / Annual
Last year (2024), Volato Group, Inc.'s total revenue was $46.29 M,
a decrease of 36.88% from the previous year.
In 2024, Volato Group, Inc.'s net income was -$40.65 M.
See Volato Group, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
| Operating Revenue |
$46.29 M |
$73.34 M |
$96.71 M |
$1.06 M |
| Cost of Revenue |
$38.79 M
|
$82.03 M
|
$94.28 M
|
$853,288.00
|
| Gross Profit |
$7.50 M
|
-$8.69 M
|
$2.43 M
|
$202,561.00
|
| Gross Profit Ratio |
0.16
|
-0.12
|
0.03
|
0.19
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$11.04 M
|
$1.98 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$404,677.00
|
$387,873.00
|
| Selling, General & Administrative Expenses |
$16.86 M
|
$28.82 M
|
$11.61 M
|
$2.37 M
|
| Other Expenses |
$0.00
|
$0.00
|
$15,000.00
|
$0.00
|
| Operating Expenses |
$16.86 M
|
$28.82 M
|
$11.61 M
|
$2.40 M
|
| Cost And Expenses |
$55.65 M
|
$110.85 M
|
$105.89 M
|
$3.25 M
|
| Interest Income |
$0.00
|
$0.00
|
$2,281.00
|
$0.00
|
| Interest Expense |
$7.49 M
|
$3.36 M
|
$866,000.00
|
$57,911.00
|
| Depreciation & Amortization |
$375,000.00
|
$496,000.00
|
$162,000.00
|
$26,243.00
|
| EBITDA |
-$14.57 M |
-$48.97 M |
-$8.43 M |
-$1.42 M |
| EBITDA Ratio |
-0.31
|
-0.67
|
-0.09
|
-1.35
|
| Operating Income Ratio |
-0.2
|
-0.51
|
-0.09
|
-2.08
|
| Total Other Income/Expenses Net |
-$13.07 M
|
-$15.31 M
|
-$270,000.00
|
$687,700.00
|
| Income Before Tax |
-$22.43 M
|
-$52.82 M
|
-$9.46 M
|
-$1.51 M
|
| Income Before Tax Ratio |
-0.48
|
-0.72
|
-0.1
|
-1.43
|
| Income Tax Expense |
-$507,000.00
|
$2,000.00
|
-$55,000.00
|
$12,054.00
|
| Net Income |
-$40.65 M
|
-$52.82 M
|
-$9.37 M
|
-$1.47 M
|
| Net Income Ratio |
-0.88
|
-0.72
|
-0.1
|
-1.4
|
| EPS |
-24.42 |
-3.46 |
-0.83 |
-0.0427 |
| EPS Diluted |
-2.44 |
-3.46 |
-0.83 |
-0.0427 |
| Weighted Average Shares Out |
$1.66 M
|
$15.25 M
|
$11.27 M
|
$34.50 M
|
| Weighted Average Shares Out Diluted |
$16.65 M
|
$15.25 M
|
$11.27 M
|
$34.50 M
|
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