Volato Group (SOAR) AI Stock Analysis

• Market Cap: $5.05M
• Dividend Yield: N/A
• Average Volume (3M): 814.05K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.93
• Revenue Growth: -4.90%
• EPS Growth: 81.88%
• Country: US
• Employees: 12
• Sector: Financial
• Sector Strength: 83
• Industry: Airlines, Airports & Air Services
• EPS (TTM): 0.09
• Shares Outstanding: 1,921,921
• 10 Day Avg. Volume: 2,373,490
• 30 Day Avg. Volume: 814,050
• PEG Ratio: >-0.01
• Price to Book (P/B): -0.24
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.49
• Enterprise Value/Market Cap: 1.27
• Enterprise Value/Revenue: 0.02
• Enterprise Value/Gross Profit: 0.79
• Enterprise Value/Ebitda: -0.03
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 41 Neutral
• Price Target: $2.00 ▼(-23.95%Downside)

The Volato Group's overall stock score is primarily driven by its dire financial performance, which reflects significant risks and challenges. Technical analysis and valuation metrics show neutral to negative signals, further contributing to the low score. Immediate strategic interventions are crucial to improve financial health and investor confidence.

Volato Group Business Overview & Revenue Model

Company Description

Volato Group, Inc. operates as a private aviation company. The company offers fractional ownership, aircraft management, jet cards, deposit, and charter programs. As of December 31, 2023, it operated a fleet of 24 HondaJets and a managed fleet of 6 aircraft. The company was founded in 2021 and is based in Chamblee, Georgia.

How the Company Makes Money

Volato Group makes money primarily through its fractional jet ownership program, where clients purchase a share of an aircraft, granting them access to flight hours proportional to their ownership stake. This model provides a cost-effective alternative to full jet ownership. Additionally, the company generates revenue from its private jet charter services, where customers pay for on-demand travel without owning any portion of the aircraft. Key revenue streams include aircraft management fees, maintenance services, and operational costs associated with the fractional ownership model. Strategic partnerships with aviation service providers and luxury travel agencies further enhance Volato Group's market reach and revenue potential.

Volato Group Financial Statement Overview

Summary

The Volato Group is experiencing severe financial difficulties across all financial statements. There is a significant decline in revenue and profitability, negative equity, high financial leverage, and liquidity issues. Strategic adjustments are urgently needed.

Income Statement

The Volato Group's income statement shows significant financial challenges with negative growth trends. The company experienced a sharp decline in total revenue from $96.7M in 2022 to $46.3M in 2024, resulting in a negative revenue growth rate. Gross profit margin is weak, and net income is deeply negative, leading to a poor net profit margin. Both EBIT and EBITDA margins are also negative, indicating operational inefficiencies.

Balance Sheet

The balance sheet reflects financial instability, with a concerning negative stockholders' equity of -$16.3M in 2024. The debt-to-equity ratio cannot be calculated meaningfully due to negative equity, suggesting high financial leverage. The equity ratio is also negative, indicating potential insolvency risks.

Cash Flow

Cash flow analysis reveals severe liquidity issues. Operating cash flow is consistently negative, and free cash flow remains deeply negative at -$16.9M in 2024. The operating cash flow to net income ratio indicates cash flow challenges. The company lacks free cash flow growth, pointing towards ongoing cash constraints.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement		Total Revenue
82.31M	46.29M	73.34M	96.71M	1.06M
	Gross Profit
8.10M	7.50M	-8.69M	2.43M	202.56K
	EBIT
-11.63M	-9.37M	-37.51M	-9.19M	-2.19M
	EBITDA
-16.72M	-14.56M	-48.97M	-8.43M	-1.42M
	Net Income Common Stockholders
-22.80M	-40.65M	-52.82M	-9.37M	-1.47M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
14.49M	2.16M	14.49M	5.78M	1.61M
	Total Assets
84.58M	46.30M	71.71M	30.26M	14.99M
	Total Debt
29.68M	33.07M	29.68M	29.80M	6.00M
	Net Debt
15.20M	30.91M	15.20M	24.02M	4.39M
	Total Liabilities
69.83M	62.63M	56.96M	35.93M	7.08M
	Stockholders Equity
14.75M	-16.33M	14.75M	-5.67M	3.61M
Cash Flow		Free Cash Flow
-8.15M	-17.06M	-31.03M	-21.69M	-18.30M
	Operating Cash Flow
-8.06M	-16.92M	-30.39M	-21.43M	-3.61M
	Investing Cash Flow
-38.00K	-115.00K	1.78M	5.14M	-11.81M
	Financing Cash Flow
3.86M	4.31M	37.46M	22.56M	17.03M

Volato Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.63
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SOAR, the sentiment is Negative. The current price of 2.63 is above the 20-day moving average (MA) of 2.27, above the 50-day MA of 2.07, and below the 200-day MA of 5.39, indicating a bearish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 45.20 is Neutral, neither overbought nor oversold. The STOCH value of 35.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SOAR.

Volato Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$12.80B	9.71	7.59%	16985.66%	12.07%	-7.53%
BLDE	56 Neutral	$285.18M	―	-11.64%	―	12.04%	-30.50%
FLYX	52 Neutral	$247.60M	28.86	26.01%	―	―	―
UP	47 Neutral	$1.04B	―	-2416.94%	―	-29.68%	95.14%
SOAR	41 Neutral	$5.05M	―	-398.23%	―	-4.90%	81.88%
MESA		$42.16M	―	-472.57%	―	―	―
SRFM	41 Neutral	$48.60M	―	138.02%	―	31.17%	83.01%

Volato Group Corporate Events

Volato Group Approves Key Stock Issuance Proposal

On May 7, 2025, Volato Group, Inc. held a virtual special meeting of stockholders to vote on key proposals. The stockholders approved the issuance of 20% or more of the company’s Class A common stock as per the Securities Purchase Agreement with JAK Opportunities Fund IX LLC. The adjournment proposal was not needed as sufficient votes were already secured for the main proposal.

Volato Group Stockholder Meeting Adjourned Again

On April 15, 2025, Volato Group, Inc. held a special meeting of stockholders to vote on two proposals. However, due to insufficient representation of shares, no business was conducted, and the meeting was adjourned. The meeting was reconvened on May 6, 2025, but again, insufficient shares were represented, leading to another adjournment until May 7, 2025. The meeting will continue at the same virtual link, with no changes to the record date or proposals.