Volato Group (Volato Group) Net Margin % : -131.63% (As of Mar. 2024)

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What is Volato Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Volato Group's Net Income for the three months ended in Mar. 2024 was $-17.39 Mil. Volato Group's Revenue for the three months ended in Mar. 2024 was $13.21 Mil. Therefore, Volato Group's net margin for the quarter that ended in Mar. 2024 was -131.63%.

The historical rank and industry rank for Volato Group's Net Margin % or its related term are showing as below:

SOAR.WS' s Net Margin % Range Over the Past 10 Years
Min: -139.49 Med: -72.03 Max: -9.69
Current: -99.16

SOAR.WS's Net Margin % is ranked worse than
97.84% of 972 companies
in the Transportation industry
Industry Median: 5.36 vs SOAR.WS: -99.16

Volato Group Net Margin % Historical Data

The historical data trend for Volato Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Volato Group Net Margin % Chart

Volato Group Annual Data

Trend

Dec21

Dec22

Dec23

Net Margin %

-139.49

-9.69

-72.03

Volato Group Quarterly Data
	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial			-47.97	-75.76	-89.71	-	-131.63

Competitive Comparison of Volato Group's Net Margin %

For the Airports & Air Services subindustry, Volato Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Volato Group's Net Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Volato Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Volato Group's Net Margin % falls into.

Volato Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Volato Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-52.822	/	73.338
	=	-72.03 %

Volato Group's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	-17.39	/	13.211
	=	-131.63 %

Volato Group (AMEX:SOAR.WS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Volato Group Net Margin % Related Terms

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Volato Group (Volato Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Volato Group Inc (AMEX:SOAR.WS) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

SOAR:USA

Address

1954 Airport Road, Suite 124, Chamblee, GA, USA, 30341

Website

https://www.flyvolato.com

Volato Group Inc operates an aircraft ownership program, provides ad-hoc charter flights, sells deposit products, and manages aircraft for owners in the private aviation industry. The Volato aircraft ownership program consists of facilitating the formation of limited liability companies owned by third-party members. Subsequently, the Company sells an aircraft to each limited liability company.

Volato Group (Volato Group) Headlines

From GuruFocus

Volato Group Inc (SOAR) Navigates Market Turbulence with Strategic Fleet Expansion Despite Revenue Dip

By GuruFocus Research • 03-26-2024