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Volato Group (Volato Group) Selling, General, & Admin. Expense : $23.85 Mil (TTM As of Mar. 2024)


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What is Volato Group Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Volato Group's selling, general, & admin. expense for the three months ended in Mar. 2024 was $11.74 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2024 was $23.85 Mil.


Volato Group Selling, General, & Admin. Expense Historical Data

The historical data trend for Volato Group's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

Volato Group Annual Data
Trend Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
2.37 11.61 28.82

Volato Group Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Selling, General, & Admin. Expense Get a 7-Day Free Trial 6.22 5.39 6.72 - 11.74

Competitive Comparison of Volato Group's Selling, General, & Admin. Expense

For the Airports & Air Services subindustry, Volato Group's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Volato Group's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Volato Group's Selling, General, & Admin. Expense falls into.



Volato Group Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense 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 $23.85 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) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Volato Group Selling, General, & Admin. Expense Related Terms

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Volato Group (Volato Group) Business Description

Industry
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Traded in Other Exchanges
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