Top Page
Volatus Aerospace
(FLT)
Volatus Aerospace (FLT) vs. iShares MSCI Canada ETF (EWC)
Volatus Aerospace Business Overview & Revenue Model
Volatus Aerospace Earnings Call Summary
Volatus Aerospace Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 33.69M | 27.15M | 34.87M | 29.77M | 9.91M | 265.26K |
| Gross Profit | 6.67M | 9.56M | 11.14M | 8.35M | 2.53M | 4.32K |
| EBITDA | -4.61M | -5.91M | -4.46M | -3.03M | -2.87M | 1.26M |
| Net Income | -14.77M | -13.14M | -9.46M | -4.62M | -3.68M | 440.10K |
Balance Sheet | ||||||
| Total Assets | 72.59M | 57.80M | 26.88M | 19.75M | 32.96M | 29.37M |
| Cash, Cash Equivalents and Short-Term Investments | 17.83M | 1.56M | 1.68M | 15.30M | 27.67M | 23.46M |
| Total Debt | 22.52M | 24.07M | 18.73M | 220.01K | 410.60K | 484.14K |
| Total Liabilities | 26.80M | 31.47M | 24.34M | 1.23M | 2.20M | 2.27M |
| Stockholders Equity | 47.08M | 27.28M | 3.31M | 18.52M | 30.76M | 27.10M |
Cash Flow | ||||||
| Free Cash Flow | -23.44M | -13.88M | -3.39M | -12.12M | -12.57M | -9.01M |
| Operating Cash Flow | -21.57M | -12.43M | -1.65M | -11.94M | -11.89M | -8.35M |
| Investing Cash Flow | -1.17M | -664.71K | -2.03M | -176.99K | -687.37K | -658.24K |
| Financing Cash Flow | 40.13M | 13.40M | 1.68M | -256.06K | 16.78M | 22.70M |
Volatus Aerospace Technical Analysis
Volatus Aerospace Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | C$1.16B | 25.94 | 5.64% | 0.93% | 8.84% | 131.58% | |
70 Outperform | C$3.73B | 34.16 | 8.88% | ― | 57.77% | 57.55% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | C$504.84M | -13.44 | 2.09% | 0.76% | -12.42% | 69.23% | |
52 Neutral | $307.28M | ― | -48.13% | ― | 26.74% | 53.14% | |
45 Neutral | $427.64M | -20.40 | -45.72% | ― | 378.71% | 27.52% | |
27 Underperform | C$897.62K | -3.48 | ― | ― | ― | 15.67% |
Volatus Aerospace Corporate Events
Volatus Aerospace said its senior executives will engage with institutional investors at several high-profile events in January, including the Needham Growth Conference in New York, the AlphaNorth Capital Event in the Bahamas, and the RBC Canadian Aerospace and Defence Symposium in Toronto, where CEO Glen Lynch will appear as a panelist. The company also commented on recent shifts in U.S. defence procurement policy, noting that the Administration’s new Executive Order and a proposed substantial expansion of the Pentagon’s 2027 budget are pushing priorities toward speed of delivery, operational readiness, and stricter performance oversight, trends that favour agile, execution-focused suppliers. With existing U.S. facilities in Syracuse, New York, and a growing presence in Tulsa, Oklahoma supporting utility, energy, and public safety clients, Volatus maintains that its emphasis on real-world deployment, disciplined reinvestment, and scalable operational capacity is well aligned with the evolving U.S. defense policy environment, which it views as constructive for its growth and positioning among non-traditional defence contractors.
The most recent analyst rating on (TSE:FLT) stock is a Hold with a C$0.56 price target. To see the full list of analyst forecasts on Volatus Aerospace stock, see the TSE:FLT Stock Forecast page.
Volatus Aerospace has secured a CAD $9 million defence contract from a NATO partner to supply a next-generation interim training system for Intelligence, Surveillance, and Reconnaissance (ISR) operations. This contract, structured over two years with an initial tranche of $4.5 million, marks a significant milestone in Volatus’ strategy to strengthen its position within Canada’s defence industrial base and the broader NATO ecosystem. It highlights the company’s expanding role as a Canadian provider of secure, commercially derived unmanned systems and training, reinforcing its commitment to enhancing Canada’s defence capabilities and interoperability with allied partners.
The most recent analyst rating on (TSE:FLT) stock is a Buy with a C$1.25 price target. To see the full list of analyst forecasts on Drone Delivery Canada stock, see the TSE:FLT Stock Forecast page.
Volatus Aerospace has appointed Lieutenant-General (Ret’d) Christopher J. Coates to its Board of Advisors, enhancing its defense expertise as it aims to support the Canadian Armed Forces, NORAD modernization, and allied defense partners with Canadian-made uncrewed aerial systems. Coates, a respected leader in defense and security, brings extensive experience from his military career and will provide strategic guidance on defense procurement and emerging capability requirements, strengthening Volatus’ long-term strategic direction in defense and sovereign capability.
The most recent analyst rating on (TSE:FLT) stock is a Buy with a C$0.85 price target. To see the full list of analyst forecasts on Drone Delivery Canada stock, see the TSE:FLT Stock Forecast page.
Volatus Aerospace Inc. announced record financial results for Q3 2025, with a 60% increase in quarterly revenue year-over-year, driven by strong equipment sales in the defense sector. The company improved its liquidity position significantly and achieved operational milestones, including new defense deployments and strategic partnerships, which bolster its market position and support future growth in defense and industrial sectors.
The most recent analyst rating on (TSE:FLT) stock is a Hold with a C$0.59 price target. To see the full list of analyst forecasts on Drone Delivery Canada stock, see the TSE:FLT Stock Forecast page.
Volatus Aerospace Inc. has successfully closed a $26,391,500 financing round through a public offering and private placement. The funds will be used to develop the Mirabel Manufacturing Hub, advance drone technologies for the defense sector, pursue potential acquisitions, and cover capital expenditures and general corporate purposes. This strategic move is expected to bolster Volatus’s position in the aerospace industry and enhance its capabilities in providing advanced aerial solutions.
The most recent analyst rating on (TSE:FLT) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Drone Delivery Canada stock, see the TSE:FLT Stock Forecast page.
Volatus Aerospace Inc. has announced the filing of a final short form prospectus in connection with its bought deal public offering, which involves the distribution of over 33 million common voting shares at $0.60 per share, aiming to raise gross proceeds of $20,010,000. This offering, expected to close on November 26, 2025, is contingent upon receiving necessary approvals, including from the TSX Venture Exchange, and marks a significant step in Volatus’s financial strategy, potentially enhancing its market position and providing capital for future growth initiatives.
The most recent analyst rating on (TSE:FLT) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Drone Delivery Canada stock, see the TSE:FLT Stock Forecast page.
Volatus Aerospace Inc., a company engaged in aerospace and defense manufacturing, has announced a non-brokered private placement of up to $4.66 million, bringing its total financing to over $24.6 million. This financing will support the development of its Mirabel Manufacturing Hub, research and development of drone technologies, and potential acquisitions related to the defense sector. Additionally, Volatus has completed the acquisition of advanced RPAS technologies from Caliburn Holdings LLP, enhancing its capabilities in manufacturing long-endurance, fixed-wing uncrewed aircraft systems for defense and public security sectors.
The most recent analyst rating on (TSE:FLT) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Drone Delivery Canada stock, see the TSE:FLT Stock Forecast page.
Volatus Aerospace Inc. has announced a $20 million bought deal public offering, with Stifel Nicolaus Canada Inc. acting as the lead underwriter. The proceeds from this offering will be used for the development of the Mirabel Manufacturing Hub, drone technology research for the defense sector, potential defense-related acquisitions, and general corporate purposes. This move is expected to enhance Volatus’s operational capabilities and strengthen its position in the aerospace industry, particularly in defense-related applications.
The most recent analyst rating on (TSE:FLT) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Drone Delivery Canada stock, see the TSE:FLT Stock Forecast page.
Volatus Aerospace Inc. announced a restatement of its Q2 2025 financial results due to a one-time non-cash accounting adjustment related to restructuring its balance sheet. This adjustment, amounting to $2,231,202, does not affect the company’s revenue, gross margin, or cash position, reflecting the company’s commitment to transparency and sustainable growth. The restatement aims to strengthen the company’s financial position without impacting its operational metrics, highlighting its focus on maintaining robust corporate governance.
The most recent analyst rating on (TSE:FLT) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Drone Delivery Canada stock, see the TSE:FLT Stock Forecast page.
Volatus Aerospace has acquired advanced RPAS technologies from Caliburn Holdings, enhancing Canada’s sovereign aerospace capabilities and supporting allied defense requirements. This acquisition includes scalable UAS platforms with long-endurance capabilities, which will be manufactured at Volatus’s new Mirabel facility, aligning with national defense priorities and expanding domestic manufacturing capacity.
The most recent analyst rating on (TSE:FLT) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Drone Delivery Canada stock, see the TSE:FLT Stock Forecast page.
Volatus Aerospace Inc. announced plans to establish the Volatus Mirabel Innovation Centre and Drone Manufacturing Hub at Montréal–Mirabel International Airport. This initiative will enhance Canada’s defence readiness and support NATO allies by expanding sovereign drone capacity. The facility, supported by Aéroports de Montréal, will enable serial production of Canadian-built drones to meet domestic defence and allied market needs. This move aligns with Canada’s recent priorities to strengthen domestic defence capabilities and secure supply chains, signaling a growing demand for Canadian-made drone solutions.
The most recent analyst rating on (TSE:FLT) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Drone Delivery Canada stock, see the TSE:FLT Stock Forecast page.
Volatus Aerospace Inc. has announced its participation in the 2025 Maxim Growth Summit, an event that gathers industry leaders and innovators to discuss the latest trends and advancements across various sectors. The participation of Volatus, represented by CEO Glen Lynch and CFO Abhinav Singhvi, in one-on-one meetings with institutional investors and senior Maxim analysts, underscores the company’s strategic efforts to strengthen its industry positioning and engage with key stakeholders in the aerial intelligence and unmanned aircraft systems market.
The most recent analyst rating on (TSE:FLT) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Drone Delivery Canada stock, see the TSE:FLT Stock Forecast page.
Volatus Aerospace has partnered with ARCO Worldwide Services to deliver professional drone training programs in Nigeria through ARCO Aviation Academy. This collaboration aims to align Nigeria’s drone pilot training with international standards and enhance the country’s position in the West African drone industry by empowering a new generation of certified drone professionals.
The most recent analyst rating on (TSE:FLT) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Drone Delivery Canada stock, see the TSE:FLT Stock Forecast page.