Volatus Aerospace Past Earnings Performance
Past criteria checks 0/6
Volatus Aerospace's earnings have been declining at an average annual rate of -40.8%, while the Airlines industry saw earnings growing at 16.8% annually. Revenues have been declining at an average rate of 5.5% per year.
Key information
-40.8%
Earnings growth rate
-31.7%
EPS growth rate
| Airlines Industry Growth | 0.5% |
| Revenue growth rate | -5.5% |
| Return on equity | n/a |
| Net Margin | -28.9% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Volatus Aerospace makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 33 | -9 | 14 | 1 |
| 31 Mar 24 | 34 | -10 | 14 | 1 |
| 31 Dec 23 | 35 | -9 | 15 | 1 |
| 30 Sep 23 | 32 | -8 | 15 | 1 |
| 30 Jun 23 | 34 | -8 | 15 | 1 |
| 31 Mar 23 | 32 | -5 | 15 | 1 |
| 31 Dec 22 | 30 | -5 | 13 | 1 |
| 30 Sep 22 | 25 | -7 | 11 | 0 |
| 30 Jun 22 | 18 | -6 | 9 | 0 |
| 31 Mar 22 | 14 | -6 | 7 | 0 |
| 31 Dec 21 | 10 | -4 | 4 | 0 |
| 31 Dec 20 | 0 | 0 | 0 | 0 |
Quality Earnings: FLT is currently unprofitable.
Growing Profit Margin: FLT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FLT is unprofitable, and losses have increased over the past 5 years at a rate of 40.8% per year.
Accelerating Growth: Unable to compare FLT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FLT is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (1.5%).
Return on Equity
High ROE: FLT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.