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Volato Group (Volato Group) Pre-Tax Income : $-39.07 Mil (TTM As of Mar. 2024)


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What is Volato Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Volato Group's pretax income for the three months ended in Mar. 2024 was $-17.38 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-39.07 Mil. Volato Group's pretax margin was -131.59%.

During the past 3 years, Volato Group's highest Pretax Margin was -9.78%. The lowest was -142.71%. And the median was -72.02%.

Volato Group Pre-Tax Income Historical Data

The historical data trend for Volato Group's Pre-Tax Income 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 Pre-Tax Income Chart

Volato Group Annual Data
Trend Dec21 Dec22 Dec23
Pre-Tax Income
-1.51 -9.46 -52.82

Volato Group Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial -7.52 -9.86 -11.83 - -17.38

Competitive Comparison of Volato Group's Pre-Tax Income

For the Airports & Air Services subindustry, Volato Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Volato Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Volato Group's Pre-Tax Income falls into.


Volato Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

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

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-37.509+-11.953+-3.358+0+-7.105427357601E-15
=-52.82

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

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-16.023+-0.223+-1.138+0+0
=-17.38

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-39.07 Mil.

* 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.

Volato Group  (AMEX:SOAR.WS) Pre-Tax Income Explanation

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

Pretax Margin=Pretax Income/Revenue
=-17.384/13.211
=-131.59%

During the past 3 years, Volato Group's highest Pretax Margin was -9.78%. The lowest was -142.71%. And the median was -72.02%.

* 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.

Volato Group Pre-Tax Income 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 » Pre-Tax Income
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

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