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Volato Group
(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 | 92.03M | 46.29M | 35.57M | 96.71M | 1.06M |
| Gross Profit | 15.21M | 7.50M | 4.79M | 2.43M | 202.56K |
| EBITDA | 3.42M | -14.56M | -17.08M | -8.43M | -1.42M |
| Net Income | -2.28M | -40.65M | -52.82M | -9.37M | -1.47M |
Balance Sheet | |||||
| Total Assets | 13.05M | 46.30M | 71.71M | 30.26M | 14.99M |
| Cash, Cash Equivalents and Short-Term Investments | 4.71M | 2.16M | 14.49M | 5.78M | 1.61M |
| Total Debt | 1.62M | 33.07M | 29.68M | 29.80M | 6.00M |
| Total Liabilities | 20.11M | 62.63M | 56.96M | 35.93M | 7.08M |
| Stockholders Equity | -7.06M | -16.33M | 14.75M | -5.67M | 3.61M |
Cash Flow | |||||
| Free Cash Flow | -7.57M | -17.06M | -31.03M | -21.69M | -18.30M |
| Operating Cash Flow | -7.54M | -16.92M | -30.39M | -21.43M | -3.61M |
| Investing Cash Flow | 28.00K | -115.00K | 1.78M | 5.14M | -11.81M |
| Financing Cash Flow | 6.45M | 4.31M | 37.46M | 22.56M | 17.03M |
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 |
|---|---|---|---|---|---|---|---|
| ― | $647.34M | 11.68 | 9.99% | ― | 4.27% | 28.47% | |
| ― | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
| ― | $58.20M | -0.32 | -378.73% | ― | -14.62% | -86.07% | |
| ― | $310.10M | ― | ― | ― | ― | ― | |
| ― | $165.74M | ― | ― | ― | -3.95% | 85.63% | |
| ― | $16.03M | ― | ― | ― | -9.49% | 97.34% | |
| ― | $880.68M | ― | -6.63% | ― | 4.60% | 49.81% |
Volato Group Corporate Events
On July 28, 2025, Volato Group, Inc. entered into a Merger Agreement with M2i Global, Inc., a company specializing in the global value supply chain for critical minerals. The merger, which will make M2i Global a wholly-owned subsidiary of Volato, is pending approval from Volato’s stockholders and other customary conditions. This strategic move is expected to enhance Volato’s market position by integrating M2i Global’s expertise in critical minerals, potentially impacting the company’s operational and financial landscape.
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.
Volato Group, Inc. has entered into a Securities Purchase Agreement with an institutional investor to issue senior unsecured convertible promissory notes with a 10% original issue discount. The company completed multiple tranches between December 2024 and October 2025, raising funds with notes convertible into shares of its Class A common stock, enhancing its financial flexibility and potentially impacting its market position.
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 September 2, 2024, Volato Group, Inc. entered into an Aircraft Management Services Agreement with flyExclusive, Inc., designating flyExclusive as the exclusive provider of certain aircraft management services. This agreement included a merger option allowing flyExclusive to merge with Volato. On July 28, 2025, Volato announced a merger with M2i Global, Inc., a company specializing in the global value supply chain for critical minerals. This merger is subject to stockholder approval and other conditions. On October 1, 2025, Volato amended its agreement with flyExclusive to align with its new business directives and the proposed M2i Global merger. The amendment includes asset options and financial settlements, with flyExclusive agreeing to pay Volato in cash or stock for certain aviation-related assets and obligations.
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 September 30, 2025, Volato Group, Inc. entered into Share Exchange Agreements with Tysadco Partners, LLC, and Douglas Cole, who are shareholders of M2i Global, Inc. The agreement involves exchanging 1,197,604 shares of Volato’s Class A common stock for 16,000,000 shares of M2i Global common stock, valuing the transaction at $2,000,000. This strategic move indicates Volato’s efforts to strengthen its market position by acquiring a significant stake in a publicly traded company. The Volato Shares issued are not registered under the Securities Act of 1933, but the company plans to file a registration statement with the SEC within 60 days to facilitate the resale of these shares.
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.
Volato Group, Inc. is a holding company primarily operating in the private aviation sector, offering private jet charter and fractional ownership services, alongside proprietary software solutions. In its latest earnings report for the quarter ending June 30, 2025, Volato Group, Inc. showcased significant financial improvement with a net income of $3.6 million, a substantial turnaround from a net loss of $16.9 million in the same quarter of the previous year. The company’s revenue surged to $24.9 million, primarily driven by aircraft sales amounting to $24.5 million, marking a significant growth from the previous year’s $181,000. The company also reported a reduction in its shareholders’ deficit from $16.3 million at the end of 2024 to $7.1 million by mid-2025, indicating a stronger financial position. Looking ahead, Volato Group, Inc. aims to continue leveraging its aircraft sales and proprietary software to maintain its financial momentum, despite challenges related to its working capital deficit and accumulated losses.