Volato Group Past Earnings Performance
Past criteria checks 0/6
Volato Group's earnings have been declining at an average annual rate of -76.5%, while the Airlines industry saw earnings growing at 14.3% annually. Revenues have been growing at an average rate of 30.1% per year.
Key information
-76.5%
Earnings growth rate
-52.8%
EPS growth rate
| Airlines Industry Growth | 0.09% |
| Revenue growth rate | 30.1% |
| Return on equity | n/a |
| Net Margin | -60.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Volato Group 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 Sep 24 | 102 | -61 | 37 | 0 |
| 30 Jun 24 | 73 | -70 | 38 | 0 |
| 31 Mar 24 | 71 | -63 | 34 | 0 |
| 31 Dec 23 | 73 | -53 | 29 | 0 |
| 30 Sep 23 | 78 | -32 | 23 | 0 |
| 30 Jun 23 | 79 | -25 | 20 | 0 |
| 31 Mar 23 | 89 | -16 | 16 | 0 |
| 31 Dec 22 | 97 | -9 | 12 | 0 |
| 31 Dec 21 | 1 | -1 | 2 | 0 |
Quality Earnings: SOAR is currently unprofitable.
Growing Profit Margin: SOAR is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SOAR's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare SOAR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SOAR is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (10.5%).
Return on Equity
High ROE: SOAR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.