Volato reports Q1 net income of $0.5M, cuts liabilities by $23.4M to $39.2M

Volato Group, Inc.

2025-Q1 EPS reported $0.03 revenue$25,483,000

Revenue of $25.5M, primarily from aircraft sales; gross profit of $4.5M.
Net income of $0.5M ($0.03 diluted EPS) vs. net loss of $17.4M in Q1 2024.
Total liabilities reduced to $39.2M from $62.6M at Dec 31, 2024, a $23.4M drop.
Plans to raise ~$8.0M in equity and settle additional liabilities to extend runway beyond 12 months.
EBITDA of $2.7M, vs. EBITDA loss of $4.2M in prior year; Vaunt breakeven, full-year profitability expected.

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