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VOLATUS AEROSPACE INC (FLT.CA) Stock Fundamental Analysis

Canada - TSX-V:FLT - CA92865M1023 - Common Stock

0.83 CAD
+0.04 (+5.06%)
Last: 10/9/2025, 7:00:00 PM
Fundamental Rating

3

Overall FLT gets a fundamental rating of 3 out of 10. We evaluated FLT against 6 industry peers in the Passenger Airlines industry. While FLT seems to be doing ok healthwise, there are quite some concerns on its profitability. FLT is valued quite expensively, but it does show have an excellent growth rating.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

In the past year FLT has reported negative net income.
FLT had a negative operating cash flow in the past year.
In the past 5 years FLT always reported negative net income.
FLT had a negative operating cash flow in each of the past 5 years.
FLT.CA Yearly Net Income VS EBIT VS OCF VS FCFFLT.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -5M -10M -15M

1.2 Ratios

With a Return On Assets value of -27.22%, FLT is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
FLT has a Return On Equity of -51.60%. This is in the lower half of the industry: FLT underperforms 66.67% of its industry peers.
Industry RankSector Rank
ROA -27.22%
ROE -51.6%
ROIC N/A
ROA(3y)-62.46%
ROA(5y)-56.02%
ROE(3y)-76.86%
ROE(5y)-66.1%
ROIC(3y)N/A
ROIC(5y)N/A
FLT.CA Yearly ROA, ROE, ROICFLT.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 -100 200 -200

1.3 Margins

With a Gross Margin value of 33.77%, FLT is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
FLT does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 33.77%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
FLT.CA Yearly Profit, Operating, Gross MarginsFLT.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -1K -2K -3K -4K -5K

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4

2. Health

2.1 Basic Checks

FLT does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for FLT has been increased compared to 1 year ago.
The number of shares outstanding for FLT has been increased compared to 5 years ago.
Compared to 1 year ago, FLT has a worse debt to assets ratio.
FLT.CA Yearly Shares OutstandingFLT.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
FLT.CA Yearly Total Debt VS Total AssetsFLT.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M

2.2 Solvency

An Altman-Z score of 9.97 indicates that FLT is not in any danger for bankruptcy at the moment.
The Altman-Z score of FLT (9.97) is better than 100.00% of its industry peers.
FLT has a Debt/Equity ratio of 0.63. This is a neutral value indicating FLT is somewhat dependend on debt financing.
FLT's Debt to Equity ratio of 0.63 is amongst the best of the industry. FLT outperforms 83.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF N/A
Altman-Z 9.97
ROIC/WACCN/A
WACC8.47%
FLT.CA Yearly LT Debt VS Equity VS FCFFLT.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M 20M 30M

2.3 Liquidity

FLT has a Current Ratio of 1.56. This is a normal value and indicates that FLT is financially healthy and should not expect problems in meeting its short term obligations.
FLT's Current ratio of 1.56 is fine compared to the rest of the industry. FLT outperforms 66.67% of its industry peers.
FLT has a Quick Ratio of 1.28. This is a normal value and indicates that FLT is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.28, FLT is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.56
Quick Ratio 1.28
FLT.CA Yearly Current Assets VS Current LiabilitesFLT.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M

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7

3. Growth

3.1 Past

The Earnings Per Share has grown by an nice 10.14% over the past year.
The Revenue has grown by 107.17% in the past year. This is a very strong growth!
FLT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 332.74% yearly.
EPS 1Y (TTM)10.14%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%64.04%
Revenue 1Y (TTM)107.17%
Revenue growth 3Y332.74%
Revenue growth 5YN/A
Sales Q2Q%-22.98%

3.2 Future

FLT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.92% yearly.
FLT is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 47.14% yearly.
EPS Next Y128.57%
EPS Next 2Y41.42%
EPS Next 3Y28.92%
EPS Next 5YN/A
Revenue Next Year65.15%
Revenue Next 2Y59.9%
Revenue Next 3Y47.14%
Revenue Next 5YN/A

3.3 Evolution

The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
FLT.CA Yearly Revenue VS EstimatesFLT.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M 80M
FLT.CA Yearly EPS VS EstimatesFLT.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2024 2025 2027 0 0.02 -0.02 -0.04 -0.06

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1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for FLT. In the last year negative earnings were reported.
Industry RankSector Rank
PE N/A
Fwd PE N/A
FLT.CA Price Earnings VS Forward Price EarningsFLT.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
FLT.CA Per share dataFLT.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.02 -0.02 0.04 -0.04

4.3 Compensation for Growth

FLT's earnings are expected to grow with 28.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y41.42%
EPS Next 3Y28.92%

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0

5. Dividend

5.1 Amount

No dividends for FLT!.
Industry RankSector Rank
Dividend Yield N/A

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VOLATUS AEROSPACE INC

TSX-V:FLT (10/9/2025, 7:00:00 PM)

0.83

+0.04 (+5.06%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)08-20 2025-08-20/amc
Earnings (Next)N/A N/A
Inst Owners4.12%
Inst Owner ChangeN/A
Ins Owners23.51%
Ins Owner ChangeN/A
Market Cap506.67M
Analysts84.44
Price Target0.82 (-1.2%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)19.71%
Min Revenue beat(2)10.94%
Max Revenue beat(2)28.48%
Revenue beat(4)4
Avg Revenue beat(4)18.79%
Min Revenue beat(4)9.76%
Max Revenue beat(4)28.48%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)60%
PT rev (3m)150%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)300%
EPS NY rev (3m)300%
Revenue NQ rev (1m)-37.42%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.75%
Revenue NY rev (3m)-16.63%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 17.06
P/FCF N/A
P/OCF N/A
P/B 15.84
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-0.05
EYN/A
EPS(NY)0
Fwd EYN/A
FCF(TTM)-0.02
FCFYN/A
OCF(TTM)-0.02
OCFYN/A
SpS0.05
BVpS0.05
TBVpS0
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -27.22%
ROE -51.6%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 33.77%
FCFM N/A
ROA(3y)-62.46%
ROA(5y)-56.02%
ROE(3y)-76.86%
ROE(5y)-66.1%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score2
Asset Turnover0.49
Health
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 28.96%
Cap/Sales 7.26%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.56
Quick Ratio 1.28
Altman-Z 9.97
F-Score2
WACC8.47%
ROIC/WACCN/A
Cap/Depr(3y)16.1%
Cap/Depr(5y)41.71%
Cap/Sales(3y)9.36%
Cap/Sales(5y)96.27%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)10.14%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%64.04%
EPS Next Y128.57%
EPS Next 2Y41.42%
EPS Next 3Y28.92%
EPS Next 5YN/A
Revenue 1Y (TTM)107.17%
Revenue growth 3Y332.74%
Revenue growth 5YN/A
Sales Q2Q%-22.98%
Revenue Next Year65.15%
Revenue Next 2Y59.9%
Revenue Next 3Y47.14%
Revenue Next 5YN/A
EBIT growth 1Y-15.7%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year107.57%
EBIT Next 3Y44.27%
EBIT Next 5YN/A
FCF growth 1Y-41.35%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-21.42%
OCF growth 3YN/A
OCF growth 5YN/A