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Volato Group
(NYSE MKT:SOAR)
Volato Group (SOAR) vs. SPDR S&P 500 ETF (SPY)
Volato Group Business Overview & Revenue Model
Volato Group Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 52.14M | 46.29M | 35.57M | 96.71M | 1.06M |
| Gross Profit | 8.96M | 7.50M | 4.79M | 2.43M | 202.56K |
| EBITDA | -1.38M | -14.56M | -4.30M | -8.43M | -1.42M |
| Net Income | 9.30M | -40.65M | -52.82M | -9.37M | -1.47M |
Balance Sheet | |||||
| Total Assets | 13.59M | 46.30M | 71.71M | 30.26M | 14.99M |
| Cash, Cash Equivalents and Short-Term Investments | 4.35M | 2.16M | 14.49M | 5.78M | 1.61M |
| Total Debt | 3.20M | 33.07M | 29.68M | 29.80M | 6.00M |
| Total Liabilities | 9.48M | 62.63M | 56.96M | 35.93M | 7.08M |
| Stockholders Equity | 4.11M | -16.33M | 14.75M | -5.67M | 3.61M |
Cash Flow | |||||
| Free Cash Flow | -8.23M | -17.06M | -31.03M | -21.69M | -1.22M |
| Operating Cash Flow | -8.16M | -16.92M | -30.39M | -21.43M | -1.22M |
| Investing Cash Flow | -9.00K | -115.00K | 1.78M | 5.14M | -281.52M |
| Financing Cash Flow | 6.92M | 4.31M | 37.46M | 22.56M | 285.32M |
Volato Group Technical Analysis
Volato Group Risk Analysis
Volato Group Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
57 Neutral | $1.06B | 20.82 | 8.83% | ― | 4.27% | 28.47% | |
52 Neutral | $1.07B | -7.69 | -27.87% | ― | 1.77% | -1964.48% | |
48 Neutral | $202.61M | -1.96 | ― | ― | ― | ― | |
46 Neutral | $123.31M | -0.66 | ― | ― | -8.51% | 82.15% | |
45 Neutral | $2.23M | 0.29 | ― | ― | -63.27% | ― |
Volato Group Corporate Events
On July 28, 2025, Volato Group entered into a merger agreement under which its wholly owned subsidiary would merge with M2i Global, Inc., resulting in M2i Global becoming a wholly owned subsidiary focused on critical minerals supply chains. On January 19, 2026, Volato Group and M2i Global signed an amendment extending the merger agreement’s end date to March 31, 2026, a move the company characterized as a prudent adjustment designed to increase the likelihood of closing the transaction while preserving the original deal’s key terms and protections, underscoring both parties’ continued commitment to the strategic combination and its potential operational and strategic benefits.
The most recent analyst rating on (SOAR) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on Volato Group stock, see the SOAR Stock Forecast page.
On December 22, 2025, Volato Group, Inc. announced that its Board of Directors elected Alan D. Gaines as a Class III director, effective December 19, 2025, to serve until the company’s 2026 annual meeting of stockholders or until a successor is chosen. Gaines was also named Chairman of the Audit Committee and appointed to the Audit, Nominating and Corporate Governance, and Compensation Committees, and will receive compensation in line with other non-employee independent directors, with the company noting there were no special arrangements or related-party transactions tied to his election, underscoring standard corporate governance practices for stakeholders.
The most recent analyst rating on (SOAR) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Volato Group stock, see the SOAR Stock Forecast page.
On December 18, 2025, Volato Group received written notice from NYSE American that its consolidated shareholders’ equity again exceeds the minimum requirements of Section 1003(a), formally restoring the company to full compliance with the exchange’s continued listing standards and removing the “.BC” below‑compliance indicator from its Class A common stock. The regained listing status, which follows earlier deficiencies cited in June 2024, removes a structural overhang for investors and gives Volato a more stable platform to pursue its strategic priorities, notably the proposed merger with M2i Global expected to close in the first quarter of 2026, as the company pivots from divested aviation assets toward a software‑ and data‑driven model aligned with critical‑minerals supply chains.
The most recent analyst rating on (SOAR) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Volato Group stock, see the SOAR Stock Forecast page.
On December 15, 2025, Volato Group‘s Board of Directors declared a stock dividend of flyExclusive shares to its shareholders, with distribution expected after December 26, 2025. This strategic move aims to enhance shareholder value by aligning with flyExclusive, a prominent private jet charter and aircraft management service provider, reflecting Volato’s commitment to innovation and growth in the private aviation sector.
The most recent analyst rating on (SOAR) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Volato Group stock, see the SOAR Stock Forecast page.
On December 5, 2025, Volato Group, Inc. entered into an ATM Sales Agreement with Virtu Americas LLC to act as the sole sales agent for the sale of up to $9,300,000 worth of its Class A Common Stock. This agreement allows for the sale of shares directly on the NYSE American LLC and includes a commission of up to 3.0% for the agent. The company is not obligated to sell any shares, and the agreement can be terminated by either party. This move is part of Volato Group’s strategy to potentially raise capital, though there is no guarantee of sales or the timing of such sales.
The most recent analyst rating on (SOAR) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Volato Group stock, see the SOAR Stock Forecast page.
On July 28, 2025, Volato Group, Inc. announced a merger agreement with M2i Global, Inc., a Nevada corporation specializing in the critical minerals supply chain. The merger will result in M2i Global becoming a wholly-owned subsidiary of Volato, subject to stockholder approval and customary closing conditions. The company also plans a reverse stock split to increase its stock price, facilitating its listing on the NYSE American. The merger is expected to impact Volato’s operations by expanding its market reach and enhancing its industry positioning.
The most recent analyst rating on (SOAR) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Volato Group stock, see the SOAR Stock Forecast page.
On July 28, 2025, Volato Group, Inc. entered into a Merger Agreement with M2i Global, Inc., a Nevada corporation specializing in critical minerals supply chains. The merger, which will result in M2i Global becoming a wholly-owned subsidiary of Volato, is pending stockholder approval and customary closing conditions. This strategic move is expected to strengthen Volato’s market position and operational capabilities in the critical minerals industry.
The most recent analyst rating on (SOAR) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Volato Group stock, see the SOAR Stock Forecast page.