Volato Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Public

  • Employees
  • 229

Employees

  • Stock Symbol
  • SOAR

Stock Symbol

  • Investments
  • 2

  • Share Price
  • $0.19
  • (As of Friday Closing)

Volato General Information

Description

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. It offers fractional ownership, aircraft management, jet cards, deposit, and charter programs. The company's fractional programs provides flexible hours and a revenue share for owners in a fleet of HondaJets, optimized for missions of up to four passengers.

Contact Information

Formerly Known As
Aerago, PROOF Acquisition Corp I
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 1954 Airport Road
  • Suite 124
  • Chamblee, GA 30341
  • United States
+1 (844)
Primary Industry
Air
Other Industries
Other Services (B2C Non-Financial)
Other Commercial Services
Stock Exchange
ASE
Vertical(s)
Mobility Tech, SaaS
Corporate Office
  • 1954 Airport Road
  • Suite 124
  • Chamblee, GA 30341
  • United States
+1 (844)

Volato Timeline

2022202320242025
Date FoundedFinancing RoundCaptured Employee CountEstimated Employee Growth

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Volato Stock Performance

As of 14-Feb-2025, Volato’s stock price is $0.19. Its current market cap is $8.65M with 46.1M shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.19 $0.18 $0.16 - $4.50 $8.65M 46.1M 18.6M -$2.42

Volato Financials Summary

As of 30-Sep-2024, Volato has a trailing 12-month revenue of $102M.

In Thousands,
USD
TTM 30-Sep-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 44,035 169,148
Revenue 102,271 73,338 96,706 1,056
EBITDA (54,252) (48,965) (8,428) (1,423)
Net Income (62,363) (52,822) (9,367) (1,473)
Total Assets 47,934 71,712 30,257 14,990
Total Debt 30,770 29,685 29,795 6,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Volato Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Volato Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Volato Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Volato Group Inc operates an aircraft ownership program, provides ad-hoc charter flights, sells deposit products, and ma
Air
Chamblee, GA
229 As of 2023

Columbus, OH
 

New York, NY
 
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Volato Competitors (4)

One of Volato’s 4 competitors is NetJets, a Corporate Backed or Acquired company based in Columbus, OH.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
NetJets Corporate Backed or Acquired Columbus, OH
Wheels Up Partners Formerly VC-backed New York, NY
Jet It Private Equity-Backed Greensboro, NC
Flewber Venture Capital-Backed New York, NY
To view Volato’s complete competitors history, request access »

Volato Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Volato Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Volato Acquisitions (2)

Volato’s most recent deal was a Merger/Acquisition with PROOF Acquisition I. The deal was made on 01-Dec-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
PROOF Acquisition I 01-Dec-2023 Merger/Acquisition Special Purpose Acquisition Company (SPAC)
Gulf Coast Aviation 11-Mar-2022 Merger/Acquisition Air
To view Volato’s complete acquisitions history, request access »

Volato FAQs

  • When was Volato founded?

    Volato was founded in 2021.

  • Where is Volato headquartered?

    Volato is headquartered in Chamblee, GA.

  • What is the size of Volato?

    Volato has 229 total employees.

  • What industry is Volato in?

    Volato’s primary industry is Air.

  • Is Volato a private or public company?

    Volato is a Public company.

  • What is Volato’s stock symbol?

    The ticker symbol for Volato is SOAR.

  • What is the current stock price of Volato?

    As of 14-Feb-2025 the stock price of Volato is $0.19.

  • What is the current market cap of Volato?

    The current market capitalization of Volato is $8.65M.

  • What is Volato’s current revenue?

    The trailing twelve month revenue for Volato is $102M.

  • Who are Volato’s competitors?

    NetJets, Wheels Up Partners, Jet It, and Flewber are competitors of Volato.

  • What is Volato’s annual earnings per share (EPS)?

    Volato’s EPS for 12 months was -$2.42.

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