SOAR
Income statement / Annual
Last year (2023), Volato Group, Inc.'s total revenue was $73.34 M,
a decrease of 24.16% from the previous year.
In 2023, Volato Group, Inc.'s net income was -$52.82 M.
See Volato Group, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
| Operating Revenue |
$73.34 M
|
$96.71 M
|
$1.06 M
|
| Cost of Revenue |
$82.03 M |
$94.28 M |
$853,288.00 |
| Gross Profit |
-$8.69 M |
$2.43 M |
$202,561.00 |
| Gross Profit Ratio |
-0.12 |
0.03 |
0.19 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$0.00
|
$11.04 M
|
$1.98 M
|
| Selling & Marketing
Expenses |
$0.00
|
$404,677.00
|
$387,873.00
|
| Selling, General &
Administrative Expenses |
$28.82 M
|
$11.61 M
|
$2.37 M
|
| Other Expenses |
$0.00 |
$15,000.00 |
$0.00 |
| Operating Expenses |
$28.82 M |
$11.61 M |
$2.40 M |
| Cost And Expenses |
$110.85 M |
$105.89 M |
$3.25 M |
| Interest Income |
$0.00 |
$2,281.00 |
$0.00 |
| Interest Expense |
$3.36 M |
$866,000.00 |
$57,911.00 |
| Depreciation &
Amortization |
$496,000.00
|
$162,000.00
|
$26,243.00
|
| EBITDA |
-$48.97 M
|
-$8.43 M
|
-$1.42 M
|
| EBITDA Ratio |
-0.67 |
-0.09 |
-2.07 |
| Operating Income Ratio
|
-0.51
|
-0.09
|
-2.08
|
| Total Other
Income/Expenses Net |
-$15.31 M
|
-$270,000.00
|
$687,700.00
|
| Income Before Tax |
-$52.82 M |
-$9.46 M |
-$1.51 M |
| Income Before Tax Ratio
|
-0.72
|
-0.1
|
-1.43
|
| Income Tax Expense |
$2,000.00 |
-$55,000.00 |
$12,054.00 |
| Net Income |
-$52.82 M |
-$9.37 M |
-$1.47 M |
| Net Income Ratio |
-0.72 |
-0.1 |
-1.4 |
| EPS |
-3.46 |
-0.83 |
-0.0427 |
| EPS Diluted |
-3.46 |
-0.83 |
-0.0427 |
| Weighted Average Shares
Out |
$15.25 M
|
$11.27 M
|
$34.50 M
|
| Weighted Average Shares
Out Diluted |
$15.25 M
|
$11.27 M
|
$34.50 M
|
| Link |
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