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Volato Group (Volato Group) Tax Rate % : -0.03% (As of Mar. 2024)


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What is Volato Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Volato Group's Tax Expense for the three months ended in Mar. 2024 was $0.01 Mil. Volato Group's Pre-Tax Income for the three months ended in Mar. 2024 was $-17.38 Mil. Therefore, Volato Group's Tax Rate % for the quarter that ended in Mar. 2024 was -0.03%.

Volato Group Tax Rate % Historical Data

The historical data trend for Volato Group's Tax Rate % 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 Tax Rate % Chart

Volato Group Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
- 0.58 -

Volato Group Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial - - - - -0.03

Volato Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Volato Group's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=0.002/-52.82
=-0.00 %

Volato Group's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=0.006/-17.384
=-0.03 %

* 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 Tax Rate % 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 » Tax Rate %
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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