earnings
confidence high
sentiment positive
materiality 0.75
Volato posts Q3 2024 revenue $40.3M, positive Adjusted EBITDA $3.2M, net loss $1.3M
Volato Group, Inc.
2024-Q3 EPS reported
-$1.32
revenue$44,866,000
- Total revenue $40.3M: aircraft sales $38.2M, managed services $1.8M, software subscriptions $0.3M.
- Net loss from continuing operations $1.3M; Adjusted EBITDA positive $3.2M, reflecting turnaround progress.
- Vaunt annual recurring revenue reached $1.5M.
- NYSE American accepted Company's compliance plan, allowing continued listing.