SOARWNYSEAir Transportation, NonscheduledUS GAAP · USD

Volato Group, Inc.

Volato Group, Inc. is a U.S.-based aviation and software holding company built around private aviation services and proprietary digital platforms. Its operating businesses include private jet charter and fractional ownership activities, an empty-leg flight marketplace, and enterprise software tools for aviation operations and document automation.

Liikevaihto78,6milj. USD
+101,1 %v/v
Liikevoitto (EBIT)4,0milj. USD
+145,9 %v/v
EBIT-marginaali5,0%
+27,1 %-yks.v/v
Nettotulos5,2milj. USD
+112,7 %v/v
Vapaa kassavirta3,3milj. USD
+119,2 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2022–2025

−250255075100milj. USD2022: 97 milj. USD2022: EBIT −1,7 milj. USD20222023: 36 milj. USD2023: EBIT −4,4 milj. USD20232024: 39 milj. USD2024: EBIT −8,6 milj. USD20242025: 79 milj. USD2025: EBIT 4,0 milj. USD2025794,0
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Aircraft sales98 %

Sale of aircraft, including Gulfstream G280 deliveries and related transactions.

Subscription software2 %

Software-as-a-service revenue from Vaunt and other proprietary platforms.

Tuotteet

Raportoitu · osuus liikevaihdosta
98,1%FY2025100 %
  • Aircraft Sales98,1 %
  • Aircraft Management Revenue1,9 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Volato serves private aviation customers seeking on-demand travel, fractional access, and access to repositioning flights through Vaunt. It also sells software to Part 135 operators and other aviation businesses that need scheduling, customer management, and operational workflow tools. Parslee extends the customer base into enterprise users that want AI-assisted document processing and workflow automation inside Microsoft 365.

Private aviation travelers

Buy charter, fractional, and empty-leg access for convenience, flexibility, and time savings.

Part 135 operators

Use Mission Control to manage scheduling, crew, customer communications, and operations.

Aviation software users

Adopt Vaunt and related tools to monetize idle aircraft inventory and improve sales conversion.

Enterprise AI pilot customers

Test Parslee for document intelligence, contract analysis, and workflow automation.

Strategia

Volato’s strategy is to combine private aviation services with software that improves utilization, customer experience, and operating efficiency. The company is building Vaunt as a consumer-facing marketplace, Mission Control as an operator platform, and Parslee as a broader enterprise AI product, while aircraft sales remain an important revenue source. This mix is intended to create multiple monetization paths from aviation expertise and proprietary technology.

Scale Vaunt marketplace usageLyhyt aikaväli

Vaunt turns empty-leg inventory into bookable demand and recurring subscription revenue.

Expand Mission Control across operatorsKeskipitkä aikaväli

Operator software can deepen relationships with Part 135 customers and improve retention.

Commercialize ParsleeKeskipitkä aikaväli

Enterprise AI software could diversify the business beyond aviation-specific revenue.

Maantiede

Volato is headquartered in the United States and its business is centered on U.S. aviation markets, aircraft transactions, and software customers. The company’s operating footprint is tied to private aviation activity and operator relationships, which can extend across multiple U.S. regions and selected international travel routes. Geography matters mainly through aircraft availability, regulatory oversight, and customer demand patterns rather than through a broad manufacturing footprint.

Riskit

Volato has a short operating history and depends on a small number of business lines, so results can swing with aircraft sales, software adoption, and customer demand. Its aviation activities are exposed to FAA regulation, aircraft availability, service interruptions, and reputational risk, while software products face execution risk in a competitive market. The announced merger with M2i Global adds transaction, dilution, and integration uncertainty.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Limited operating history1Merger and integration uncertainty2Customer experience and brand reputation5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Limited operating historyVaikutus: KorkeaTodennäköisyys: Korkea

    The company has only operated since 2021, so there is limited evidence on durability and scale.

    Kohdistuu: Business model and forecasting

  2. Merger and integration uncertaintyVaikutus: KorkeaTodennäköisyys: Korkea

    The proposed M2i transaction may not close and could dilute existing shareholders.

    Kohdistuu: Corporate strategy and capital structure

  3. Aircraft sales concentration and timingVaikutus: Korkea

    A large share of revenue comes from aircraft transactions, which are inherently lumpy.

    Kohdistuu: Revenue volatility

  4. Aviation regulation and certificationVaikutus: Korkea

    Private aviation operations depend on FAA Part 135 compliance and certificate access.

    Kohdistuu: Operating subsidiary and service delivery

  5. Customer experience and brand reputationVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Travel customers can switch if aircraft availability, timing, or support quality deteriorates.

    Kohdistuu: Vaunt and charter demand

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition by stream

Aircraft sales and SaaS subscriptions have different timing and margin profiles.

Vaikutus: Affects quarterly revenue comparability and mix analysis

Gross presentation of revenue

The company states revenue is recognized on a gross basis net of rebates, discounts, and taxes collected.

Vaikutus: Affects reported top line and cost of revenue presentation

Stock-based compensation valuation

Equity awards are measured using the Black-Scholes model, which relies on assumptions.

Vaikutus: Affects operating expenses and dilution analysis

Convertible promissory notes and leases

These contractual commitments affect liquidity, interest, and lease-related expense recognition.

Vaikutus: Affects leverage, cash flow, and fixed-cost burden

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026