Volatus Aerospace Inc.

Industrials CA FLT

0.55CAD
-0.03(5.17%)

Last update at 2026-06-25T20:00:00Z

Day Range

0.550.59

LowHigh

52 Week Range

0.510.89

LowHigh

Fundamentals

Previous Close 0.58
Market Cap521.01M
Volume1554475
P/E Ratio-
Dividend Yield-%
EBITDA-9.67681M
Revenue TTM34.20M
Revenue Per Share TTM0.06
Gross Profit TTM 11.10M
Diluted EPS TTM-0.04

Overview
Financials
Peer Comparison
Reports
Stock Research & News
Profile

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Type	yearly	yearly	yearly	yearly	yearly
Date	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Income before tax	-22.14767M	-13.59378M	-10.15784M	-5.37861M	-3.67874M
Minority interest	0.63M	0.17M	0.23M	0.83M	0.90M
Net income	-21.36423M	-13.14160M	-9.46404M	-4.62338M	-3.67873M
Selling general administrative	13.25M	9.04M	9.56M	9.13M	3.13M
Selling and marketing expenses	-	-	-	-	-
Gross profit	11.10M	9.56M	11.14M	8.35M	2.53M
Reconciled depreciation	6.14M	4.82M	4.03M	1.85M	0.40M
Ebit	-	-	-	-	-
Ebitda	-	-	-	-	-
Depreciation and amortization	-	-	-	-	-
Non operating income net other	-	-	-	-	-
Operating income	-14.85318M	-10.88751M	-9.06424M	-7.19473M	-1.98359M
Other operating expenses	-	-	-	-	-
Interest expense	4.67M	2.85M	1.66M	0.48M	0.41M
Tax provision	-0.15239M	-0.28346M	-0.46422M	0.07M	-
Interest income	-	-	-	-	-
Net interest income	-5.20885M	-2.93592M	-1.77524M	-0.52624M	-0.43895M
Extraordinary items	-	-	-	-	-
Non recurring	-	-	-	-	-
Other items	-	-	-	-	-
Income tax expense	-	-	-	-	-
Total revenue	34.20M	27.15M	34.87M	29.77M	9.91M
Total operating expenses	49.06M	38.03M	43.94M	36.97M	11.90M
Cost of revenue	23.10M	17.59M	23.74M	21.43M	7.39M
Total other income expense net	-2.08563M	0.23M	0.68M	2.34M	-1.25620M
Discontinued operations	-	-	-	-	-
Net income from continuing ops	-21.99528M	-13.31032M	-9.69363M	-5.44992M	-3.67874M
Net income applicable to common shares	-	-	-	-	-
Preferred stock and other adjustments	-	-	-	-	-

Breakdown	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Type	yearly	yearly	yearly	yearly	yearly
Date	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Total assets	92.66M	57.80M	26.88M	28.20M	18.74M
Intangible assets	15.11M	13.54M	4.77M	4.13M	1.61M
Earning assets	-	-	-	-	-
Other current assets	0.25M	0.27M	0.44M	0.42M	0.03M
Total liab	24.95M	31.47M	24.34M	17.78M	7.67M
Total stockholder equity	69.25M	27.28M	3.31M	12.20M	12.03M
Deferred long term liab	-	-	-	-	-
Other current liab	-	0.14M	0.18M	0.00000M	0.23M
Common stock	-	-	-	-	-
Capital stock	103.26M	46.90M	13.71M	11.31M	9.81M
Retained earnings	-53.94309M	-32.57887M	-19.43726M	-7.12740M	-2.50402M
Other liab	-	-	-	-	-
Good will	20.74M	20.74M	0.96M	0.96M	0.86M
Other assets	-	-	-	-	-
Cash	41.11M	1.56M	1.26M	3.68M	8.81M
Cash and equivalents	-	-	-	-	-
Total current liabilities	13.05M	20.37M	14.70M	9.33M	3.62M
Current deferred revenue	-	-	-	-	-
Net debt	-	20.51M	15.95M	8.75M	-
Short term debt	-	-	-	-	-
Short long term debt	8.65M	12.50M	9.34M	5.53M	0.20M
Short long term debt total	-	-	-	-	-
Other stockholder equity	-	-	-	-	-
Property plant equipment	-	-	-	-	-
Total current assets	49.54M	11.98M	10.50M	13.78M	10.99M
Long term investments	-	-	-	-	0.00000M
Net tangible assets	-	-	-	-	-
Short term investments	-	-	-	-	-
Net receivables	3.32M	4.43M	3.51M	4.06M	0.70M
Long term debt	10.89M	9.56M	7.87M	6.90M	2.71M
Inventory	3.27M	3.10M	2.98M	3.76M	0.69M
Accounts payable	1.43M	3.82M	2.84M	2.80M	1.56M
Total permanent equity	-	-	-	-	-
Noncontrolling interest in consolidated entity	-	-	-	-	-
Temporary equity redeemable noncontrolling interests	-	-	-	-	-
Accumulated other comprehensive income	-	-	-	-	-
Additional paid in capital	-	-	-	-	-
Common stock total equity	-	-	-	-	-
Preferred stock total equity	-	-	-	-	-
Retained earnings total equity	-	-	-	-	-
Treasury stock	-	-	-	-	-
Accumulated amortization	-	-	-	-	-
Non currrent assets other	-	-	-0.00000M	-0.00000M	-
Deferred long term asset charges	-	-	-	-	-
Non current assets total	43.12M	45.83M	16.37M	15.42M	7.75M
Capital lease obligations	1.90M	2.01M	1.52M	1.15M	1.36M
Long term debt total	-	-	-	-	-

Breakdown	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Type	yearly	yearly	yearly	yearly	yearly
Date	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Investments	-	-	-	-	-
Change to liabilities	-	-	-	-	-
Total cashflows from investing activities	-	-	-	-	-
Net borrowings	-5.41542M	11.11M	1.68M	-0.51060M	3.79M
Total cash from financing activities	48.58M	13.40M	1.68M	2.89M	11.79M
Change to operating activities	-	-	-	-	-
Net income	-21.36423M	-13.14160M	-9.46404M	-4.62338M	-2.78116M
Change in cash	39.40M	0.30M	-2.42784M	-5.12225M	8.62M
Begin period cash flow	1.56M	1.26M	3.68M	8.81M	0.19M
End period cash flow	41.11M	1.56M	1.26M	3.68M	8.81M
Total cash from operating activities	-7.50367M	-12.43484M	-2.07714M	-7.11247M	-1.57302M
Issuance of capital stock	44.75M	2.33M	0.00000M	3.74M	0.00000M
Depreciation	6.14M	4.82M	4.03M	1.85M	0.40M
Other cashflows from investing activities	-	-	-	-	-
Dividends paid	-	-	-	-	-
Change to inventory	0.58M	-0.12004M	0.78M	-0.54125M	-0.22665M
Change to account receivables	-	-	-	-	-
Sale purchase of stock	0.00000M	-0.06558M	-0.00087M	-0.35169M	0.00000M
Other cashflows from financing activities	-	-	-	-	-
Change to netincome	-	-	-	-	-
Capital expenditures	1.70M	1.45M	1.73M	0.07M	0.28M
Change receivables	-	-	-	-	-
Cash flows other operating	-	-	-	-	-
Exchange rate changes	-	-	-	-	-
Cash and cash equivalents changes	-	-	-	-	-
Change in working capital	-1.66382M	-6.76937M	2.25M	-3.65335M	-0.28316M
Stock based compensation	1.52M	0.53M	0.72M	1.24M	0.46M
Other non cash items	6.22M	2.69M	1.17M	-1.19175M	0.11M
Free cash flow	-9.20003M	-13.88245M	-3.81207M	-7.11247M	-1.85082M

Peer Comparison

Sector: Industrials Industry: Aerospace & Defense

Company	Change (CAD)	Price (CAD)	Trailing PE (x)	Forward PE (x)	Price Sales TTM (x)	Price to Book Value (x)	Enterprise Value to Revenue (x)	Enterprise Value to EBITDA (x)
FLT Volatus Aerospace Inc.	-0.03 5.17%	0.55	-	68.97	15.23	7.55	14.66	-8.3881
RTX RTX CDR (CAD Hedged)	-0.11 0.26%	42.91	33.89	26.53	2.72	3.67	3.14	18.41
CAE CAE Inc.	-0.56 1.58%	34.98	29.58	28.65	2.31	2.24	2.95	12.40
BBD-PD Bombardier Inc Pref D	-0.08 0.44%	18.23	-	-	1.20	-
BBD-PB Bombardier Inc Pref B	-0.39 2.05%	18.61	-	-	1.10	-

Reports Covered

View All

Profile

Volatus Aerospace Inc. provides integrated drone solutions in Canada, the United States, the United Kingdom, and Norway. The company offers UAV drone services; surveillance as a service, which utilizes an integrated array of aerial and ground-based technologies to gather intelligence data; pipeline integrity monitoring; specialized geomatic services comprising lidar surveys and custom GIS services, including map generation and integrated geographical information consulting services; drone lidar scanning data acquisition and reality capture services; and drone inspection and delivery services. It also provides wildfire services; geomatics that include lidar, photogrammetry, aerial imagery, precision agriculture, change detection, photointerpretation, and gas detection and thermography inspection services; crewed aerial services; Canary Remotely Piloted Aircraft for autonomous cargo transportation; DroneSpot for drone delivery operations; and advanced integrity reporting system (AIRS) 3, which is a software platform for data gathering, analysis, and reporting of oil and gas client infrastructures. In addition, the company offers aerial intelligence, cargo and logistics, and equipment sales and maintenance services; drones, sensors, batteries, drone sets, and related accessories; Aerieport drone nesting station for landing, recharging, and data transfer; and trade-in program, as well as drone pilot training in digital, virtual, and onsite formats to various levels of drone pilots. It serves the oil and gas, energy and utilities, construction and engineering, defense, forestry and conservation, government and public agencies, infrastructure and transportation, mining and aggregates, precision agriculture, property development and maintenance, and public safety industries. Volatus Aerospace Inc. was founded in 1987 and is based in Vaughan, Canada.

Volatus Aerospace Inc.

6221 Highway 7, Vaughan, ON, Canada, L4H 0K8

514-447-7986
https://volatusaerospace.com
Employees : 130

Key Executives

Name	Title	Year Born
Mr. Glen Lynch	President, CEO & Director	1964
Mr. Abhinav Singhvi	Chief Financial Officer	NA
Mr. Robert Walker	Chief Commercial Officer	1962
Mr. Luc Masse	Executive VP & Secretary	1959
Mr. Greg Colacitti	Chief Operating Officer	NA
Mr. Krish Srinivasan	Chief Technology Officer	NA
Ms. Danielle Gagne	Head of Global Training Strategy & Business Development	NA
Mr. Richard Nasmith	Senior VP of Business Development	NA
Mr. Glen Lynch	President, CEO & Director	1965

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.