Volato Group Inc
proof-paci.comWhat Do They Do?
Sells aircraft to third-party buyers and develops aviation-operations and enterprise software, plus a membership platform for travelers seeking private flights.
10-K for FY2025, filed Mar 12, 2026Volato is an aviation technology company that connects travelers to private, on-demand flight access and develops proprietary software…View ↗
Mission Control, a cloud-based software, was developed by Volato as a direct response to these challenges, experienced firsthand as a…View ↗
Mission Control is designed for Part 135 operators, of all sizes. Ideal customers are operators seeking to enhance operational efficiency…View ↗
Vaunt is intended to make it easy and affordable through a proprietary platform and mobile apps for spontaneous and frequent travelers to…View ↗
During 2024, we took delivery of one Gulfstream G280 aircraft, which was delivered and sold to a third party in the third quarter of 2024.…View ↗
How Do They Make Money?
Aircraft buyers pay when an aircraft is delivered; Vaunt members pay an annual membership fee for access to listed empty-leg flights.
-
10-K for FY2025, filed Mar 12, 2026
FY2025 revenue by product or service ↗
$78.6M
-
10-K for FY2025, filed Mar 12, 2026
$78.6M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Aircraft sales
Sold outright
10-K for FY2025, filed Mar 12, 2026 |
98%
FY2022: 70%
|
Aircraft sales, FY2025
$77.1M Sources
|
Sold outright |
|
Subscription
Recurring
|
1.9%
FY2022: 15%
|
Subscription, FY2025
$1.5M Sources
|
Recurring |
Who Are Their Customers?
Volato sells aircraft to third parties and offers Mission Control to Part 135 operators; Vaunt serves spontaneous and frequent travelers through its membership platform.
10-K for FY2025, filed Mar 12, 2026During 2024, we took delivery of one Gulfstream G280 aircraft, which was delivered and sold to a third party in the third quarter of 2024.…View ↗
Mission Control is designed for Part 135 operators, of all sizes. Ideal customers are operators seeking to enhance operational efficiency…View ↗
Vaunt is intended to make it easy and affordable through a proprietary platform and mobile apps for spontaneous and frequent travelers to…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 7 cents of every revenue dollar as net income in FY2025 and turned 4 cents into free cash flow.
10-K for FY2025, filed Mar 12, 2026
$4MView ↗
10-K for FY2025, filed Mar 12, 2026
$5.2MView ↗
10-K for FY2025, filed Mar 12, 2026
$3.3MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 14, 2026
−$2.1MView ↗
- ▼ Now a loss
- vs $3.6M in Q2 FY2025
-
Sep 4, 2026
Completed merger with Alignment Engine
The merger consideration gives Aligned securityholders 95% of Volato common stock on an as-converted, fully diluted basis.
Sources
8-K, filed Sep 11, 2026
Additionally, on September 10, 2026, the parties entered into an Amended and Restated Amendment No. 1 to Agreement and Plan of Merger (the…View ↗
From shell company to operating businesses
The older report described a shell company seeking a business combination and generating no operating revenue; the latest describes aircraft sales and software for aviation and enterprise customers.
10-K for FY2022, filed Feb 27, 2023 10-K for FY2025, filed Mar 12, 2026We are a blank check company incorporated as a Delaware corporation on March 16, 2021 for the purpose of effecting a merger, capital stock…View ↗
Loading...
