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VOL

Volatus Aerospace TSXV:VOL Stock Report

Last Price

CA$0.34

Market Cap

CA$34.7m

7D

7.9%

1Y

n/a

Updated

24 May, 2022

Data

Company Financials
VOL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

VOL Stock Overview

Volatus Aerospace Corp. provides integrated drone solutions for commercial and defense markets in Canada, the United States, and Latin America.

Volatus Aerospace Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Volatus Aerospace
Historical stock prices
Current Share PriceCA$0.34
52 Week HighCA$0.89
52 Week LowCA$0.28
Beta0
1 Month Change-27.66%
3 Month Change-20.93%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-43.33%

Recent News & Updates

Shareholder Returns

VOLCA AirlinesCA Market
7D7.9%2.0%0.2%
1Yn/a-28.4%4.8%

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

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

Price Volatility

Is VOL's price volatile compared to industry and market?
VOL volatility
VOL Average Weekly Movement12.5%
Airlines Industry Average Movement12.3%
Market Average Movement9.8%
10% most volatile stocks in CA Market17.0%
10% least volatile stocks in CA Market4.3%

Stable Share Price: VOL is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.

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

About the Company

FoundedEmployeesCEOWebsite
n/a14Glen Lynchhttps://www.volatusaerospace.com

Volatus Aerospace Corp. provides integrated drone solutions for commercial and defense markets in Canada, the United States, and Latin America. The company offers drone services, including aerial inspection, mapping, survey, and imaging; drone training and consultancy services for drone operations comprising pilot certification, OEM equipment, pilot skills, beyond-visual-line-of-sight readiness, operational manuals, SOPs, safety systems, SORA, waivers, and SFOCs; cargo solutions; unmanned systems, vehicle sales, payloads, sensors, and servicing; and data processing and management, and systems design engineering services, as well as researches and develops, manufactures, tests, and commercializes various technologies. It also offers aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft.

Volatus Aerospace Fundamentals Summary

How do Volatus Aerospace's earnings and revenue compare to its market cap?
VOL fundamental statistics
Market CapCA$34.75m
Earnings (TTM)-CA$2.78m
Revenue (TTM)CA$9.91m

3.5x

P/S Ratio

-12.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VOL income statement (TTM)
RevenueCA$9.91m
Cost of RevenueCA$7.39m
Gross ProfitCA$2.53m
Other ExpensesCA$5.31m
Earnings-CA$2.78m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.027
Gross Margin25.51%
Net Profit Margin-28.05%
Debt/Equity Ratio20.6%

How did VOL perform over the long term?

See historical performance and comparison

Valuation

Is Volatus Aerospace undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


2.44x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate VOL's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate VOL's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: VOL is unprofitable, so we can't compare its Price-To-Earnings Ratio to the North American Airlines industry average.

PE vs Market: VOL is unprofitable, so we can't compare its Price-To-Earnings Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VOL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VOL is overvalued based on its Price-To-Book Ratio (2.4x) compared to the XN Airlines industry average (2.1x).


Future Growth

How is Volatus Aerospace forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


37.3%

Forecasted Transportation industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Volatus Aerospace has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Volatus Aerospace performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-731.9%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: VOL is currently unprofitable.

Growing Profit Margin: VOL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if VOL's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare VOL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VOL is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (26.9%).


Return on Equity

High ROE: VOL has a negative Return on Equity (-24.11%), as it is currently unprofitable.


Financial Health

How is Volatus Aerospace's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: VOL's short term assets (CA$11.0M) exceed its short term liabilities (CA$3.6M).

Long Term Liabilities: VOL's short term assets (CA$11.0M) exceed its long term liabilities (CA$3.8M).


Debt to Equity History and Analysis

Debt Level: VOL has more cash than its total debt.

Reducing Debt: Insufficient data to determine if VOL's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: VOL's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if VOL's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Volatus Aerospace current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate VOL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate VOL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VOL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VOL's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as VOL has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

0.4yrs

Average management tenure


CEO

Glen Lynch

0.42

Tenure

Mr. Glen Lynch has been President, Chief Executive Officer and Director of Volatus Aerospace Corp (formerly, Partner Jet Corp) since December 22, 2021.


Leadership Team

Experienced Management: VOL's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: VOL's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: VOL only recently listed within the past 12 months.


Top Shareholders

Company Information

Volatus Aerospace Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Volatus Aerospace Corp.
  • Ticker: VOL
  • Exchange: TSXV
  • Founded: NaN
  • Industry: Airlines
  • Sector: Transportation
  • Implied Market Cap: CA$34.749m
  • Shares outstanding: 102.20m
  • Website: https://www.volatusaerospace.com

Number of Employees


Location

  • Volatus Aerospace Corp.
  • 60 Airport Road
  • Lake Simcoe Regional Airport
  • Oro-Medonte
  • Ontario
  • L0L 2E0
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/05/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.