Volato Group
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Volato Group's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 24% to $73,338,000. Profit margin reached -72%. Total operating expenses were $28,822,000.
Profit Margin
| 2021 | 1.05M | -1.47M | -139.54% |
|---|---|---|---|
| 2022 | 96.70M | -9.36M | -9.69% |
| 2023 | 73.33M | -52.82M | -72.03% |
SOAR Income Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Revenue | |||
Revenue | 73.33M | 96.70M | 1.05M |
Cost of revenue | 82.02M | 94.28M | 853.28K |
Gross profit | -8.68M | 2.42M | 202.56K |
Operating exp. | |||
Research and development | 0 | 0 | 0 |
Selling and marketing | 0 | 404.67K | 387.87K |
Total operating expenses | 28.82M | 11.61M | 2.39M |
Operating income | -37.50M | -9.18M | -2.19M |
Other income (expenses), net | -15.31M | 596K | 745.61K |
Income before tax | -52.82M | -9.45M | -1.50M |
Income tax expense | 2K | -55K | 12.05K |
Net income | -52.82M | -9.36M | -1.47M |
Earnings per share | |||
Basic EPS | -3.46 | -0.83 | -0.04 |
Diluted EPS | -3.46 | -0.83 | -0.04 |