Volato Group (SOAR) AI Stock Analysis

• Market Cap: $4.35M
• Dividend Yield: N/A
• Average Volume (3M): 29.88K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.96
• Revenue Growth: -21.31%
• EPS Growth: 67.99%
• Country: US
• Employees: 12
• Sector: Financial
• Sector Strength: 86
• Industry: Airlines, Airports & Air Services
• EPS (TTM): -34.13
• Shares Outstanding: 1,900,893
• 10 Day Avg. Volume: 17,459
• 30 Day Avg. Volume: 29,880
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 9.27
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -4.65
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

The overall score reflects significant financial challenges, including declining revenues, negative equity, and liquidity issues, as the most critical factors. The technical analysis suggests a bearish trend with potential overbought conditions, and the negative P/E ratio underscores valuation concerns. The absence of profitability and dividends further dampens the stock's appeal.

Volato Group Business Overview & Revenue Model

Company Description

Volato Group (SOAR) is a private aviation company that specializes in providing fractional jet ownership and private jet charter services. The company operates within the aviation sector, offering a fleet of state-of-the-art aircraft designed for both business and leisure travel. Volato's core services cater to clients looking for flexible and efficient travel solutions, emphasizing comfort, convenience, and personalized service.

How the Company Makes Money

Volato Group makes money primarily through its fractional jet ownership program, where clients purchase a share of an aircraft, granting them access to flight hours proportional to their ownership stake. This model provides a cost-effective alternative to full jet ownership. Additionally, the company generates revenue from its private jet charter services, where customers pay for on-demand travel without owning any portion of the aircraft. Key revenue streams include aircraft management fees, maintenance services, and operational costs associated with the fractional ownership model. Strategic partnerships with aviation service providers and luxury travel agencies further enhance Volato Group's market reach and revenue potential.

Volato Group Financial Statement Overview

Summary

The Volato Group is facing significant financial difficulties across all financial statements. The income statement reveals declining revenues and profitability, the balance sheet shows high leverage with negative equity, and cash flow statements indicate liquidity problems. Immediate strategic and financial adjustments are necessary to stabilize the company's financial health.

Income Statement

The Volato Group's income statement shows significant financial challenges with negative growth trends. The company experienced a sharp decline in total revenue from $96.7M in 2022 to $46.3M in 2024, resulting in a negative revenue growth rate. Gross profit margin is weak, and net income is deeply negative, leading to a poor net profit margin. Both EBIT and EBITDA margins are also negative, indicating operational inefficiencies.

Balance Sheet

The balance sheet reflects financial instability, with a concerning negative stockholders' equity of -$16.3M in 2024. The debt-to-equity ratio cannot be calculated meaningfully due to negative equity, suggesting high financial leverage. The equity ratio is also negative, indicating potential insolvency risks.

Cash Flow

Cash flow analysis reveals severe liquidity issues. Operating cash flow is consistently negative, and free cash flow remains deeply negative at -$16.9M in 2024. The operating cash flow to net income ratio indicates cash flow challenges. The company lacks free cash flow growth, pointing towards ongoing cash constraints.

Breakdown
Dec 2023	Dec 2022	Dec 2021
Income Statement		Total Revenue
73.34M	96.71M	1.06M
	Gross Profit
-8.69M	2.43M	202.56K
	EBIT
-37.51M	-9.19M	-2.19M
	EBITDA
-48.97M	-8.43M	-1.42M
	Net Income Common Stockholders
-52.82M	-9.37M	-1.47M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
14.49M	5.78M	1.61M
	Total Assets
71.71M	30.26M	14.99M
	Total Debt
29.68M	29.80M	6.00M
	Net Debt
15.20M	24.02M	4.39M
	Total Liabilities
56.96M	35.93M	7.08M
	Stockholders Equity
14.75M	-5.67M	3.61M
Cash Flow		Free Cash Flow
-31.03M	-21.69M	-18.30M
	Operating Cash Flow
-30.39M	-21.43M	-3.61M
	Investing Cash Flow
1.78M	5.14M	-11.81M
	Financing Cash Flow
37.46M	22.56M	17.03M

Volato Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.26
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SOAR, the sentiment is Neutral. The current price of 2.26 is above the 20-day moving average (MA) of 2.17, above the 50-day MA of 1.93, and below the 200-day MA of 6.22, indicating a neutral trend. The MACD of 0.08 indicates Negative momentum. The RSI at 56.27 is Neutral, neither overbought nor oversold. The STOCH value of 40.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SOAR.

Volato Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$12.54B	9.79	7.92%	16985.69%	12.58%	-6.07%
BLDE	56 Neutral	$234.27M	―	-11.97%	―	12.04%	-30.50%
FLYX	43 Neutral	$234.52M	28.86	26.01%	―	―	―
SRFM	41 Neutral	$47.24M	―	138.02%	―	97.38%	72.63%
UP	34 Underperform	$740.81M	―	-2416.94%	―	-29.68%	95.14%
SOAR	22 Underperform	$4.35M	―	-398.23%	―	-21.31%	67.99%

Volato Group Corporate Events

Volato Group Approves Key Stock Issuance Proposal

On May 7, 2025, Volato Group, Inc. held a virtual special meeting of stockholders to vote on key proposals. The stockholders approved the issuance of 20% or more of the company’s Class A common stock as per the Securities Purchase Agreement with JAK Opportunities Fund IX LLC. The adjournment proposal was not needed as sufficient votes were already secured for the main proposal.

Spark’s Take on SOAR Stock

According to Spark, TipRanks’ AI Analyst, SOAR is a Underperform.

The overall score reflects significant financial challenges, including declining revenues, negative equity, and liquidity issues, as the most critical factors. The technical analysis suggests a bearish trend with potential overbought conditions, and the negative P/E ratio underscores valuation concerns. The absence of profitability and dividends further dampens the stock’s appeal.

To see Spark’s full report on SOAR stock, click here.

Volato Group Stockholder Meeting Adjourned Again

On April 15, 2025, Volato Group, Inc. held a special meeting of stockholders to vote on two proposals. However, due to insufficient representation of shares, no business was conducted, and the meeting was adjourned. The meeting was reconvened on May 6, 2025, but again, insufficient shares were represented, leading to another adjournment until May 7, 2025. The meeting will continue at the same virtual link, with no changes to the record date or proposals.

Spark’s Take on SOAR Stock

According to Spark, TipRanks’ AI Analyst, SOAR is a Underperform.

The overall score reflects significant financial challenges, including declining revenues, negative equity, and liquidity issues, as the most critical factors. The technical analysis suggests a bearish trend with potential overbought conditions, and the negative P/E ratio underscores valuation concerns. The absence of profitability and dividends further dampens the stock’s appeal.

To see Spark’s full report on SOAR stock, click here.