Volato Group, Inc.
SOARNYSEIndustrials · Air Transportation, Nonscheduled · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
| Revenue | $78.6M | $39.1M | $35.6M | $96.7M | — |
| Operating income | $4.0M | −$8.6M | −$4.4M | −$9.2M | −$383,077 |
| Net income | $5.2M | −$40.6M | −$52.8M | −$9.4M | −$381,894 |
| Total assets | $12.0M | $46.3M | $71.7M | $30.3M | $285.1M |
| Total liabilities | $13.8M | $62.6M | $57.0M | $35.9M | $9.8M |
| Equity | −$1.8M | −$16.3M | $14.8M | −$5.7M | $0 |
| EPS (diluted) | $1.18 | $-24.42 | $-86.62 | $-0.83 | — |
| Shares out. | 1.9M | 29.3M | 1.1M | 11.3M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 5.0%
- Net margin
- 6.6%
- Return on equity
- −279.8%
- Return on assets
- 43.3%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 115.5%
- Debt / equity
- —
- Book value / share
- $-0.97
- Revenue growth (YoY)
- 101.1%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -27.54distress
- Accruals / assets
- 14.1%high accruals
- Piotroski F-Score
- 8/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 3 severe● 2 warning● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- High accruals — earnings-quality risk
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 14, 2024
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Clearthink Capital Partners, LlcPassive (13G)May 13, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Heinen MarkOfficer — Chief Financial Officer | Mar 27, 2026 | Grant | 10,000 | $0.26 |
| Nichols MikeDirector | Mar 27, 2026 | Grant | 7,500 | $0.26 |
| Burger ChristopherDirector | Mar 27, 2026 | Grant | 7,500 | $0.26 |
| Prachar Michael PatrickOfficer — Chief Operating Officer | Mar 27, 2026 | Grant | 10,000 | $0.26 |
| Liotta MatthewOfficer — Chief Executive Officer | Mar 27, 2026 | Grant | 10,000 | $0.26 |
| Liotta MatthewOfficer — Chief Executive Officer | Jul 31, 2025 | Grant | 2,072 | $1.41 |
| Cooper Nicholas JamesDirector | Jun 26, 2025 | Sell | 3,128 | $1.38 |
| Liotta MatthewOfficer — Chief Executive Officer | May 7, 2025 | Grant | 45,000 | $0.00 |
| Heinen MarkOfficer — Chief Financial Officer | May 7, 2025 | Grant | 45,000 | $0.00 |
| Burger ChristopherDirector | May 7, 2025 | Grant | 21,000 | $0.00 |
| Nichols MikeDirector | May 7, 2025 | Grant | 21,000 | $0.00 |
| Prachar Michael PatrickOfficer — Chief Operating Officer | May 7, 2025 | Grant | 45,000 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 2.3M | 1.0 | +8.9% |
| Apr 30, 2026 | 2.1M | 1.0 | -29.4% |
| Apr 15, 2026 | 3.0M | 1.0 | +521.8% |
| Mar 31, 2026 | 484,976 | 1.0 | -41.4% |
| Mar 13, 2026 | 827,999 | 1.0 | +245.7% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Shareholder vote · Regulation FD disclosureMay 11, 2026
- Other material eventApr 28, 2026
- Entered a material agreement · Unregistered equity saleApr 22, 2026
- Changed auditorApr 17, 2026
- Entered a material agreement · Other material eventMar 30, 2026
- Terminated a material agreementMar 25, 2026
- Delisting / listing-standard notice · Other material eventMar 23, 2026
- Entered a material agreementJan 20, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (2)
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