Volatus Aerospace (TSXV:FLT) - Stock Price, News & Analysis

FLT Stock Overview

Operates as a consolidator and integrator of aerial intelligence and logistics solutions.

FLT fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

Rewards

Trading at 62.1% below our estimate of its fair value

Revenue is forecast to grow 31.64% per year

Risk Analysis

Negative shareholders equity

Earnings have declined by 40.8% per year over past 5 years

Has less than 1 year of cash runway

Does not have a meaningful market cap (CA$81M)

Volatus Aerospace Inc. Competitors

Transat A.T

TSX:TRZ

CA$72.9m

Global Crossing Airlines Group

NEOE:JET

CA$58.5m

Chorus Aviation

TSX:CHR

CA$610.3m

Exchange Income

TSX:EIF

CA$2.7b

Price History & Performance

Summary of all time highs, changes and price drops for Volatus Aerospace
Historical stock prices
Current Share Price	CA$0.18
52 Week High	CA$0.24
52 Week Low	CA$0.15
Beta	0
11 Month Change	-10.00%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	20.00%

Recent updates

Shareholder Returns

	FLT	CA Airlines	CA Market
7D	-5.3%	8.8%	1.4%
1Y	n/a	51.8%	27.4%

Return vs Industry: Insufficient data to determine how FLT performed against the Canadian Airlines industry.

Return vs Market: Insufficient data to determine how FLT performed against the Canadian Market.

Price Volatility

Is FLT's price volatile compared to industry and market?
FLT volatility
FLT Average Weekly Movement	n/a
Airlines Industry Average Movement	7.8%
Market Average Movement	8.2%
10% most volatile stocks in CA Market	17.3%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: Data is not available.

Volatility Over Time: Insufficient data to determine FLT's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Glen Lynch	volatusaerospace.com

Volatus Aerospace Inc. operates as a consolidator and integrator of aerial intelligence and logistics solutions. The company offers enterprise solutions, shop consumer drones, Aerieport drone nesting station, trade-in program, equipment financing, and Emesent hovermap and PhaseOne camera systems; and drone services quote, aerial surveillance, cargo solutions, confined space and drone lidar inspections, drone inspection services, and wildfire services, as well as drone pilot training for professionals. It serves oil and gas, energy and utilities, construction and engineering, defense, forestry and conservation, government and public agencies, infrastructure and transportation, mining and aggregates, precision agriculture, property development and maintenance, and public safety industries.

Volatus Aerospace Inc. Fundamentals Summary

How do Volatus Aerospace's earnings and revenue compare to its market cap?
FLT fundamental statistics
Market cap	CA$80.74m
Earnings (TTM)	-CA$9.41m
Revenue (TTM)	CA$32.52m

2.5x

P/S Ratio

-8.6x

P/E Ratio

Is FLT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FLT income statement (TTM)
Revenue	CA$32.52m
Cost of Revenue	CA$21.98m
Gross Profit	CA$10.54m
Other Expenses	CA$19.95m
Earnings	-CA$9.41m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.021
Gross Margin	32.41%
Net Profit Margin	-28.94%
Debt/Equity Ratio	-901.4%

How did FLT perform over the long term?

See historical performance and comparison

Volatus Aerospace TSXV:FLT Stock Report