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Volato Group (Volato Group) Current Deferred Revenue : $19.03 Mil (As of Mar. 2024)


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What is Volato Group Current Deferred Revenue?

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

Volato Group's current deferred revenue for the quarter that ended in Mar. 2024 was $19.03 Mil.

Volato Group Current Deferred Revenue Historical Data

The historical data trend for Volato Group's Current Deferred Revenue 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.

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Volato Group Current Deferred Revenue Chart

Volato Group Annual Data
Trend Dec21 Dec22 Dec23
Current Deferred Revenue
0.55 2.16 12.86

Volato Group Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Current Deferred Revenue Get a 7-Day Free Trial - 3.23 6.32 12.86 19.03

Volato Group Current Deferred Revenue Related Terms

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Volato Group (Volato Group) Business Description

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