Volatus Aerospace Inc.

Volatus Aerospace Inc.

FLT · TO · Industrials / Aerospace & Defense

0.405CAD-0.01 (-3.57%)

Price History

Full chart

Market Stats

Previous Close0.42
Open0.425
Day Range0.405 – 0.43
52-Week Range0.45 – 0.89
Volume630.52K
Market Cap404.47M
P/E (TTM)0.00
Forward P/E71.94
EPS-0.04
Dividend Yield0.00%
Beta2.72
50-Day Avg0.5347
200-Day Avg0.624

About

Volatus Aerospace Inc. provides integrated drone solutions in Canada, the United States, the United Kingdom, and Norway. The company offers UAV drone services; surveillance as a service, which utilizes an integrated array of aerial and ground-based technologies to gather intelligence data; pipeline integrity monitoring; specialized geomatic services comprising lidar surveys and custom GIS services, including map generation and integrated geographical information consulting services; drone lidar scanning data acquisition and reality capture services; and drone inspection and delivery services. It also provides wildfire services; geomatics that include lidar, photogrammetry, aerial imagery, precision agriculture, change detection, photointerpretation, and gas detection and thermography inspection services; crewed aerial services. In addition, the company offers drone platforms comprising V100, V200, and V300, as wep as Condor XL and Canary Remotely Piloted Aircraft; drone nesting station; DroneSpot, an infrastructure solution to facilitate drone delivery operations; AIRS 3, a software platform for data gathering, analysis and reporting of oil and gas client infrastructures; and SKYDRA, a Software-as-a-Service platform to support counter-unmanned aircraft system operational planning, simulation, and threat response readiness. It serves the oil and gas, energy and utilities, construction and engineering, defense, forestry and conservation, government and public agencies, infrastructure and transportation, mining and aggregates, precision agriculture, property development and maintenance, and public safety industries. Volatus Aerospace Inc. was founded in 1987 and is based in Vaughan, Canada.

Company Details

  • SectorIndustrials
  • IndustryAerospace & Defense
  • CEOMr. Glen Lynch
  • Employees130
  • Headquarters6-6221 Highway 7, Vaughan, ON, Canada, L4H 0R6, Canada
  • Websitehttps://volatusaerospace.com

Leadership

  • Mr. Glen LynchPresident, CEO & Director · b. 1965
  • Mr. Abhinav SinghviChief Financial Officer
  • Mr. Greg ColacittiChief Operating Officer
  • Mr. Robert WalkerChief Commercial Officer · b. 1962
  • Mr. Luc MasseExecutive VP & Secretary · b. 1959
  • Mr. Gokul Krish SrinivasanChief Technology Officer
  • Ms. Danielle GagneHead of Global Training Strategy & Business Development
  • Mr. Richard NasmithSenior VP of Business Development
  • Ben RuszkowskiChief Commercial Officer - O&G Programs
  • Sean FalconerManaging Director of Volatus Drones USA

Financials

Income Statement

Currency: CAD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue---------265.26K9.91M29.77M34.87M27.15M34.20M
Growth (%)----------+3637.39%+200.29%+17.14%-22.15%+26.00%
Cost of Revenue----10.76K17.51K11.47K24.19K393.28K152.71K7.38M21.43M23.74M17.59M23.10M
Gross Profit-----10.76K-17.51K-11.47K-24.19K-393.00K4.32K2.53M8.35M11.14M9.56M11.10M
Gross Margin---------1.63%25.51%28.03%31.93%35.20%32.46%
Operating Expense----328.24K2.21M8.35M19.58M15.13M63.32K4.57M15.54M20.20M20.44M25.95M
Operating Income-130.00K-503.00K798.11K-498.00K-339.00K-2.23M-8.36M-19.61M-15.52M-59.00K-2.04M-7.20M-9.06M-10.89M-14.85M
Operating Margin----------22.24%-20.63%-24.17%-25.99%-40.11%-43.43%
EBITDA-130.00K-502.07K-791.00K-488.00K1.59M-2.90M-8.35M-19.58M-15.13M1.26M-2.87M-3.03M-4.46M-5.91M-11.33M
EBITDA Margin---------474.50%-28.92%-10.19%-12.79%-21.79%-33.13%
Net Income-126.00K-499.46K-791.00K-489.00K-2.26M-2.92M-8.36M-19.61M-15.67M440.10K-3.68M-4.62M-9.46M-13.14M-21.36M
Net Income Margin---------165.91%-37.11%-15.53%-27.14%-48.41%-62.46%
R&D----30.56K450.06K2.30M4.04M2.82M2.20M1.63M541.02K1.34M41.28K251.85K
R&D as % of Total Revenue---------830.11%16.42%1.82%3.85%0.15%0.74%
Interest Expense3.45K4.48K6.64K17.52K7.00K7.47K3.77K4.88K74.01K111.23K410.23K479.01K1.67M2.94M4.67M
Interest Expense % of Total Revenue---------41.93%4.14%1.61%4.77%10.82%13.66%

Balance Sheet

Currency: CAD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.51M1.59M3.06M2.74M565.45K1.74M20.35M16.79M17.71M29.37M32.96M19.75M26.88M57.80M92.66M
Total Liabilities37.84K70.12K171.87K178.76K263.63K368.97K892.80K2.24M2.17M2.27M2.20M1.23M24.34M31.47M24.95M
Total Equity1.47M1.52M2.89M2.56M301.82K1.37M19.46M14.54M15.54M27.10M30.76M18.52M3.31M27.28M69.25M
Cash432.90K304.49K1.26M120.99K20.91K1.21M18.90M14.31M9.77M23.46M27.67M15.30M1.26M1.56M41.11M
Total Debt----50.00K57.73K--620.10K484.14K410.60K220.01K18.73M24.07M21.44M
Net Debt-432.90K-304.49K-1.26M-120.99K29.09K-1.15M-18.90M-14.31M-9.15M-22.98M-27.26M-15.08M17.05M22.51M-19.67M

Cash Flow

Currency: CAD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-22.16K-373.83K-691.58K-433.29K-249.66K-2.01M-7.15M-10.63M-13.71M-8.35M-11.89M-11.94M-7.68M-12.43M-7.50M
Investing Cash Flow-1.05M189.30K-418.59K-791.25K149.59K-144.26K-203.07K-246.94K-3.64M-658.24K-687.37K-176.99K-2.03M-664.71K-1.67M
Financing Cash Flow1.51M350.99K1.77M81.68K406.73K2.97M25.04M6.29M12.81M22.70M16.78M-256.06K1.68M13.40M48.58M
Capital Expenditure0310.70K418.59K612.98K100.42K144.26K203.07K246.94K2.31M658.24K687.37K176.99K1.73M1.45M1.70M
Free Cash Flow-22.16K-684.53K-1.11M-1.05M-350.08K-2.16M-7.36M-10.88M-16.02M-9.01M-12.57M-12.12M-3.39M-13.88M-9.20M
FCF to OCF100.00%183.11%160.53%241.47%140.22%107.17%102.84%102.32%116.85%107.88%105.78%101.48%44.11%111.64%122.61%

Earnings

Report DateNov 28, 2024Dec 31, 2024Apr 30, 2025Aug 20, 2025Dec 1, 2025Mar 31, 2026May 14, 2026Aug 13, 2026Dec 1, 2026
EPS Estimate-0.01-0.01-0.010.000.00-0.01-0.01-0.01-0.01
EPS Actual-0.02-0.01-0.01-0.01-0.01-0.01-0.01-0.01-
Surprise-100.00%0.00%0.00%--1.00%0.00%0.00%-
TimingAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap404.47M
Enterprise Value434.94M
Trailing P/E0.00
Forward P/E71.94
Price / Sales12.66
Price / Book5.24
EPS-0.04
Book Value0.122
Revenue (TTM)31.95M
Gross Profit (TTM)10.27M
EBITDA-17.07M
Profit Margin-76.23%
Operating Margin-81.94%
Return on Equity-42.72%
Return on Assets-14.80%
Shares Outstanding735.39M
Shares Float594.58M
Beta2.72
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%