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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 16.1% 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 Growth0.5%
Revenue growth rate-5.5%
Return on equityn/a
Net Margin-28.9%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

Volatus Aerospace Corp.'s (CVE:VOL) Business Is Yet to Catch Up With Its Share Price

Mar 27
Volatus Aerospace Corp.'s (CVE:VOL) Business Is Yet to Catch Up With Its Share Price

Does Volatus Aerospace (CVE:VOL) Have A Healthy Balance Sheet?

Jan 24
Does Volatus Aerospace (CVE:VOL) Have A Healthy Balance Sheet?

Revenue & Expenses Breakdown

How Volatus Aerospace makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSXV:VOL Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2433-9141
31 Mar 2434-10141
31 Dec 2335-9151
30 Sep 2332-8151
30 Jun 2334-8151
31 Mar 2332-5151
31 Dec 2230-5131
30 Sep 2225-7110
30 Jun 2218-690
31 Mar 2214-670
31 Dec 2110-440
31 Dec 200000

Quality Earnings: VOL is currently unprofitable.

Growing Profit Margin: VOL is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: VOL is unprofitable, and losses have increased over the past 5 years at a rate of 40.8% per year.

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 (10.1%).


Return on Equity

High ROE: VOL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/09/06 02:39
End of Day Share Price 2024/09/04 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Volatus Aerospace Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert GoffVentum Financial Corp