Is Volato Group going out of business?

VOLATO GROUP, INC. (SOAR) Fundamentals

A quick summary of the latest filed figures while the full analysis loads.

VOLATO GROUP, INC. (SOAR) scores 44 out of 100 on fundamentals, Speculative / Volatile, based on SEC filing data.

Leading signal: Shares dilution YoY: 1116.60% (YoY) - Heavy dilution suggests continuous equity raises; survival depends on external capital.

Five questions, kept separate

Survival - Stable

Recent free cash flow is positive, so there is no current cash-burn countdown. Adjusted shares outstanding increased 1116.6% over the comparison year.

Business quality - Mixed

5.0% operating margin and 4.2% FCF margin produce a mixed Business Quality assessment.

Trajectory - Deteriorating

Revenue weakened 55.8%; operating margin weakened 49.9pp; FCF margin improved 15.3pp. A Q4 estimate uses filing bases that conflict.

Valuation - Extreme expectations

-165.6% normalized FCF yield supports an extreme expectations Valuation assessment on the annual basis.

Event risk - Evidence unavailable

No active asserted adverse event was found in the available filing evidence. The filing evidence is stale or incomplete, so this is not proof of absence.

What the rules read

• Shares dilution YoY: 1116.60% (YoY) - Heavy dilution suggests continuous equity raises; survival depends on external capital.
• Debt / Equity: 0.03x
• Return on Assets: 38.21%
• ROIC: 196.51%
• Asset Efficiency: 5.80x
• Revenue growth YoY: -99.39% (Industrial YoY)
• ROE quality: 149.29%
• Price / Sales: 0.1x (see Valuation)
• Price / Earnings: 2.0x (see Valuation)
• Gross margin (industrial): 18.70%
• Operating leverage: 27.0%
• FCF margin: 4.18%

Read from filings through 2026-08-14.

Price as of 2026-09-11.