secwatch.observer — SEC 8-K summary
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Issuer:     Volato Group, Inc. (SOAR)
CIK:        0001853070
Form:       8-K
Filed at:   2024-03-26T23:59:59+00:00
Accession:  0001628280-24-012992
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Volato reports Q4 2023 revenue $31.5M, net loss $23.6M; full-year loss $52.8M
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- Q4 total revenue $31.5M (aircraft sales $15.7M, usage $11.6M, managed services $4.2M).
- Q4 net loss $23.6M includes $13.4M non-cash charge; Adjusted EBITDA loss $8.1M.
- Full-year 2023 revenue $73.3M, net loss $52.8M (incl $13.4M non-cash), Adjusted EBITDA loss $32.1M.
- Expects delivery of 10-14 new HondaJet aircraft in FY 2024; ended FY2023 with 24 HondaJets in fleet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853070/000162828024012992/0001628280-24-012992-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853070/000162828024012992/soar-20240326.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-012992

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer