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Volatus Aerospace Inc

Industrials CA FLT

0.79CAD
0.03(3.27%)

Last update at 2026-03-10T20:00:00Z

Day Range

0.770.81
LowHigh

52 Week Range

0.130.97
LowHigh

Fundamentals

  • Previous Close 0.77
  • Market Cap340.78M
  • Volume3895610
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-6.85154M
  • Revenue TTM33.69M
  • Revenue Per Share TTM0.07
  • Gross Profit TTM 11.25M
  • Diluted EPS TTM-0.03

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -13.59378M -10.15784M -13.41423M -14.69968M -14.13020M
Minority interest 0.17M 0.23M 0.83M 0.90M 0.00446M
Net income -13.14160M -9.46404M -13.49552M -14.93964M -14.24143M
Selling general administrative 9.04M 9.56M 11.45M 10.63M 10.00M
Selling and marketing expenses - - 0.16M 1.68M 1.22M
Gross profit 9.56M 11.14M 0.60M -0.01222M 0.11M
Reconciled depreciation 4.82M 4.03M 1.01M 0.86M 0.82M
Ebit - - -13.97106M -14.92859M -14.12711M
Ebitda - - -12.28051M -13.69852M -13.19315M
Depreciation and amortization - - 1.69M 1.23M 0.93M
Non operating income net other - - - - -
Operating income -10.88751M -9.06424M -13.97106M -14.92859M -14.12711M
Other operating expenses - - 14.80M 15.14M 14.39M
Interest expense 2.85M 1.66M 0.05M 0.06M 0.11M
Tax provision -0.28346M -0.46422M 0.07M - 0.00000M
Interest income - 0.40M 0.30M 0.06M 0.11M
Net interest income -2.93592M -1.77524M 0.25M 0.00681M -0.00017M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - - 0.08M 0.24M 0.11M
Total revenue 27.15M 34.87M 0.83M 0.34M 0.27M
Total operating expenses 38.03M 43.94M 14.57M 14.79M 14.24M
Cost of revenue 17.59M 23.74M 0.23M 0.35M 0.15M
Total other income expense net 0.23M 0.68M 0.56M 0.23M -0.00308M
Discontinued operations - - - - -
Net income from continuing ops -13.31032M -9.69363M -13.41423M -14.69968M -14.13020M
Net income applicable to common shares - - -13.41423M -14.69968M -14.13020M
Preferred stock and other adjustments - - - - -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 57.80M 10.33M 19.75M 32.96M 29.37M
Intangible assets 13.54M 0.40M 0.88M 0.92M 0.84M
Earning assets - - - - -
Other current assets 0.27M 0.44M - 0.02M 0.02M
Total liab 31.47M 1.22M 1.23M 2.20M 2.27M
Total stockholder equity 27.28M 9.11M 18.52M 30.76M 27.10M
Deferred long term liab - - - - -
Other current liab 0.14M - 0.10M 0.40M 0.17M
Common stock - - 96.31M 96.31M 69.54M
Capital stock 46.90M 96.31M 96.31M 96.31M 69.54M
Retained earnings -32.57887M -99.44668M -89.48252M -76.06829M -61.36861M
Other liab - - - - -
Good will 20.74M 0.96M - - -
Other assets - - - - -
Cash 1.56M 7.38M 15.30M 27.67M 23.46M
Cash and equivalents - - - - -
Total current liabilities 20.37M 0.89M 1.21M 1.97M 1.96M
Current deferred revenue - - - - -
Net debt 20.51M 15.53M - - -
Short term debt - - - - -
Short long term debt 12.50M 9.34M - - -
Short long term debt total - - - - -
Other stockholder equity - - 11.69M 10.52M 18.92M
Property plant equipment - - 2.62M 3.44M 3.65M
Total current assets 11.98M 8.04M 16.25M 28.60M 24.88M
Long term investments - - - - -
Net tangible assets - - 17.64M 29.84M 26.25M
Short term investments - - - - -
Net receivables 4.43M 3.51M 0.49M 0.42M 0.52M
Long term debt 9.56M 7.87M - - -
Inventory 3.10M 2.98M 0.12M - -
Accounts payable 3.82M 0.59M 0.85M 0.95M 1.02M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - -0.00000M - - -
Deferred long term asset charges - - - - -
Non current assets total 45.83M 2.30M 3.50M 4.36M 4.49M
Capital lease obligations 2.01M 0.60M 0.22M 0.41M 0.48M
Long term debt total - - - - -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -0.66471M -2.03394M -0.17699M -0.68737M -0.65824M
Change to liabilities - - -0.77381M -0.00071M 0.24M
Total cashflows from investing activities - - -0.17699M -0.68737M -0.65824M
Net borrowings 11.11M - -0.25634M -0.22605M -0.21287M
Total cash from financing activities 13.40M 1.68M -0.25606M 16.78M 22.70M
Change to operating activities - - 0.16M 0.39M -0.69017M
Net income -13.14160M -9.46404M -13.41423M -14.69968M -14.13020M
Change in cash 0.30M -2.00218M -12.37616M 4.21M 13.69M
Begin period cash flow 1.26M 3.68M 27.67M 23.46M 9.77M
End period cash flow 1.56M 1.68M 15.30M 27.67M 23.46M
Total cash from operating activities -12.43484M -1.65148M -11.94311M -11.88668M -8.34942M
Issuance of capital stock 2.33M 0.00000M 3.74M 0.00000M 21.01M
Depreciation 4.82M 4.03M 1.01M 0.86M 0.82M
Other cashflows from investing activities - - - - -
Dividends paid - - - - -
Change to inventory -0.12004M 0.78M -0.11862M -0.11862M -0.11862M
Change to account receivables - - -0.06533M 0.10M 2.58M
Sale purchase of stock -0.06558M -0.00087M -0.35169M 0.00000M -
Other cashflows from financing activities - - -0.17699M -0.68737M 1.91M
Change to netincome - - 1.26M 1.47M 2.83M
Capital expenditures 1.45M 1.73M 0.18M 0.69M 0.66M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -6.76937M 2.67M -0.79548M 0.49M 2.13M
Stock based compensation 0.53M 0.72M 1.17M 1.35M 2.78M
Other non cash items 2.69M 1.17M 0.09M 0.04M 0.06M
Free cash flow -13.88245M -3.38641M -12.12011M -12.57405M -9.00766M

Peer Comparison

Sector: Industrials Industry: Aerospace & Defense

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
FLT
Volatus Aerospace Inc
0.03 3.27% 0.79 - 71.94 10.12 7.55 10.67 -8.3881
DFSC
DEFSEC Technologies Inc.
-0.17 5.41% 2.97 - - - -

Reports Covered

Stock Research & News

Profile

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; Canary Remotely Piloted Aircraft for autonomous cargo transportation; DroneSpot for drone delivery operations; and advanced integrity reporting system (AIRS) 3, which is a software platform for data gathering, analysis, and reporting of oil and gas client infrastructures. In addition, the company offers aerial intelligence, cargo and logistics, and equipment sales and maintenance services; drones, sensors, batteries, drone sets, and related accessories; Aerieport drone nesting station for landing, recharging, and data transfer; and trade-in program, as well as drone pilot training in digital, virtual, and onsite formats to various levels of drone pilots. 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.

Volatus Aerospace Inc

6221 Highway 7, Vaughan, ON, Canada, L4H 0K8

Key Executives

Name Title Year Born
Mr. Manish Arora Chief Financial Officer NA
Mr. Steve Magirias CEO, Pres & Director NA
Ms. Sylvia Kolitsopoulos Director of Sales & Marketing NA
Ms. Samira Firouzfar HR Mang. NA
Mr. Glen Lynch President, CEO & Director 1964
Mr. Abhinav Singhvi Chief Financial Officer NA
Mr. Robert Walker Chief Operating Officer 1962
Mr. Luc Masse Executive VP & Secretary 1959
Ms. Danielle Gagne Head of Marketing & Communications NA
Mr. Robert Walker Chief Commercial Officer 1962

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