Volatus Aerospace Inc. (TSXV:FLT)
Canada
· Delayed Price · Currency is CAD 0.765
+0.015 (2.00%)
At close: Mar 9, 2026
Volatus Aerospace Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
| Revenue | 33.69 | 27.15 | 34.87 | 29.77 | 9.91 | 0.06 |
| Revenue Growth (YoY) | 9.15% | -22.15% | 17.14% | 200.29% | 16091.33% | - |
| Cost of Revenue | 22.44 | 17.59 | 23.74 | 21.43 | 7.39 | 0.06 |
| Gross Profit | 11.25 | 9.56 | 11.14 | 8.35 | 2.53 | 0 |
| Selling, General & Admin | 15.58 | 15.12 | 14.1 | 11.89 | 3.71 | 0.06 |
| Research & Development | 0.04 | 0.04 | 1.34 | 0.54 | - | - |
| Operating Expenses | 22.53 | 20.44 | 20.2 | 15.54 | 4.57 | 0.06 |
| Operating Income | -11.28 | -10.89 | -9.06 | -7.19 | -2.04 | -0.06 |
| Interest Expense | -5.26 | -2.85 | -1.66 | -0.48 | -0.43 | - |
| Currency Exchange Gain (Loss) | 0.18 | 0.01 | -0.04 | -0.16 | -0.03 | -0 |
| Other Non Operating Income (Expenses) | -0.16 | -0.23 | -0.1 | 0.36 | 0.12 | -0 |
| EBT Excluding Unusual Items | -16.51 | -13.96 | -10.86 | -7.47 | -2.38 | -0.06 |
| Impairment of Goodwill | - | - | - | - | -1.4 | - |
| Gain (Loss) on Sale of Investments | -0.06 | - | - | - | - | 0.49 |
| Gain (Loss) on Sale of Assets | -0 | 0.12 | 0.09 | 0.01 | 0.04 | - |
| Other Unusual Items | -1.98 | 0.25 | 0.61 | 2.08 | 0.06 | - |
| Pretax Income | -18.56 | -13.59 | -10.16 | -5.38 | -3.68 | 0.44 |
| Income Tax Expense | -0.28 | -0.28 | -0.46 | 0.07 | - | - |
| Earnings From Continuing Operations | -18.27 | -13.31 | -9.69 | -5.45 | -3.68 | 0.44 |
| Minority Interest in Earnings | 0.39 | 0.17 | 0.23 | 0.83 | - | 0 |
| Net Income | -17.89 | -13.14 | -9.46 | -4.62 | -3.68 | 0.44 |
| Net Income to Common | -17.89 | -13.14 | -9.46 | -4.62 | -3.68 | 0.44 |
| Shares Outstanding (Basic) | 509 | 303 | 210 | 105 | 84 | 77 |
| Shares Outstanding (Diluted) | 509 | 303 | 210 | 105 | 84 | 78 |
| Shares Change (YoY) | 109.79% | 43.85% | 100.54% | 24.26% | 8.53% | - |
| EPS (Basic) | -0.04 | -0.04 | -0.04 | -0.04 | -0.04 | 0.01 |
| EPS (Diluted) | -0.04 | -0.04 | -0.04 | -0.04 | -0.04 | 0.01 |
| Free Cash Flow | -23.05 | -13.81 | -3.81 | -7.06 | -1.83 | -0.1 |
| Free Cash Flow Per Share | -0.04 | -0.05 | -0.02 | -0.07 | -0.02 | -0.00 |
| Gross Margin | 33.39% | 35.20% | 31.93% | 28.03% | 25.51% | 7.05% |
| Operating Margin | -33.47% | -40.11% | -25.99% | -24.17% | -20.63% | -96.36% |
| Profit Margin | -53.10% | -48.41% | -27.14% | -15.53% | -37.11% | 718.77% |
| Free Cash Flow Margin | -68.41% | -50.88% | -10.93% | -23.73% | -18.43% | -161.77% |
| EBITDA | -6.85 | -6.73 | -5.52 | -5.35 | -1.87 | - |
| EBITDA Margin | -20.34% | -24.80% | -15.83% | -17.95% | -18.85% | - |
| D&A For EBITDA | 4.42 | 4.15 | 3.54 | 1.85 | 0.18 | - |
| EBIT | -11.28 | -10.89 | -9.06 | -7.19 | -2.04 | -0.06 |
| EBIT Margin | -33.47% | -40.11% | -25.99% | -24.17% | -20.63% | -96.36% |
| Advertising Expenses | - | 1.12 | 1.86 | 2.23 | 0.52 | 0.01 |
Source: S&P Capital IQ. Standard template. Financial Sources.