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Volatus Aerospace Corp.
VLTTF•PNK
Industrials
Aerospace & Defense
$0.19
$0.01(7.90%)

The company's financials show resilient growth, with revenue advancing from $8.27M in Q3 2023 to $7.12M in Q2 2024. Gross profit remained healthy with margins at -4% in Q2 2024 compared to 36% in Q3 2023. Operating income hit -$1.94M last quarter, sustaining a consistent -27% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$818960.00. Net income rose to -$2.07M, while earnings per share reached -$0.02. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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