Explore 3 Stock Ideas & Industry Insights Download Free Report

888-969-2592
Shopping Cart 0
countryflagCA
Login

Home CompaniesVolatus Aerospace Inc

Volatus Aerospace Inc

Industrials Aerospace & Defense
PortfolioPortfolio WatchlistWatchlist
Company price
0.82 CAD -0.05 ( 5.75%)
Last update at 2026-03-25T13:30:00Z
VOLUME
3412856
Market Cap
340.78M

Momentum Score

…

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.

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

Day Price Range
0.80
Low
0.89
High
52 Week Price Range
0.13
Low
0.97
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
0.87
Dividend Yield
-
Revenue TTM
33.69M
Revenue Per Share
0.07
Gross Profit TTM
11.25M
Debt / Equity
-
ROE
-48.47%
Net Debt
20.51M
ROCE
-29.08%
Diluted EPS TTM
-0.03

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -13.59M -10.16M -13.41M -14.70M -14.13M
Minority interest 0.17M 0.23M 0.83M 0.90M 0.00M
Net income -13.14M -9.46M -13.50M -14.94M -14.24M
Selling general administrative 9.04M 9.56M 11.45M 10.63M 10.00M
Selling and marketing expenses - - 0.16M 1.68M 1.22M
Gross profit 9.56M 11.14M 0.60M -0.01M 0.11M
Reconciled depreciation 4.82M 4.03M 1.01M 0.86M 0.82M
Ebit - - -13.97M -14.93M -14.13M
Ebitda - - -12.28M -13.70M -13.19M
Depreciation and amortization - - 1.69M 1.23M 0.93M
Operating income -10.89M -9.06M -13.97M -14.93M -14.13M
Other operating expenses - - 14.80M 15.14M 14.39M
Interest expense 2.85M 1.66M 0.05M 0.06M 0.11M
Tax provision -0.28M -0.46M 0.07M - 0.00M
Interest income - 0.40M 0.30M 0.06M 0.11M
Net interest income -2.94M -1.78M 0.25M 0.01M -0.00M
Income tax expense - - 0.08M 0.24M 0.11M
Total revenue 27.15M 34.87M 0.83M 0.34M 0.27M
Total operating expenses 38.03M 43.94M 14.57M 14.79M 14.24M
Cost of revenue 17.59M 23.74M 0.23M 0.35M 0.15M
Total other income expense net 0.23M 0.68M 0.56M 0.23M -0.00M
Net income from continuing ops -13.31M -9.69M -13.41M -14.70M -14.13M
Net income applicable to common shares - - -13.41M -14.70M -14.13M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 57.80M 10.33M 19.75M 32.96M 29.37M
Intangible assets 13.54M 0.40M 0.88M 0.92M 0.84M
Other current assets 0.27M 0.44M - 0.02M 0.02M
Total liab 31.47M 1.22M 1.23M 2.20M 2.27M
Total stockholder equity 27.28M 9.11M 18.52M 30.76M 27.10M
Other current liab 0.14M - 0.10M 0.40M 0.17M
Common stock - - 96.31M 96.31M 69.54M
Capital stock 46.90M 96.31M 96.31M 96.31M 69.54M
Retained earnings -32.58M -99.45M -89.48M -76.07M -61.37M
Good will 20.74M 0.96M - - -
Cash 1.56M 7.38M 15.30M 27.67M 23.46M
Total current liabilities 20.37M 0.89M 1.21M 1.97M 1.96M
Net debt 20.51M 15.53M - - -
Short long term debt 12.50M 9.34M - - -
Other stockholder equity - - 11.69M 10.52M 18.92M
Property plant equipment - - 2.62M 3.44M 3.65M
Total current assets 11.98M 8.04M 16.25M 28.60M 24.88M
Net tangible assets - - 17.64M 29.84M 26.25M
Net receivables 4.43M 3.51M 0.49M 0.42M 0.52M
Long term debt 9.56M 7.87M - - -
Inventory 3.10M 2.98M 0.12M - -
Accounts payable 3.82M 0.59M 0.85M 0.95M 1.02M
Non currrent assets other - -0.00M - - -
Non current assets total 45.83M 2.30M 3.50M 4.36M 4.49M
Capital lease obligations 2.01M 0.60M 0.22M 0.41M 0.48M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -0.66M -2.03M -0.18M -0.69M -0.66M
Change to liabilities - - -0.77M -0.00M 0.24M
Total cashflows from investing activities - - -0.18M -0.69M -0.66M
Net borrowings 11.11M - -0.26M -0.23M -0.21M
Total cash from financing activities 13.40M 1.68M -0.26M 16.78M 22.70M
Change to operating activities - - 0.16M 0.39M -0.69M
Net income -13.14M -9.46M -13.41M -14.70M -14.13M
Change in cash 0.30M -2.00M -12.38M 4.21M 13.69M
Begin period cash flow 1.26M 3.68M 27.67M 23.46M 9.77M
End period cash flow 1.56M 1.68M 15.30M 27.67M 23.46M
Total cash from operating activities -12.43M -1.65M -11.94M -11.89M -8.35M
Issuance of capital stock 2.33M 0.00M 3.74M 0.00M 21.01M
Depreciation 4.82M 4.03M 1.01M 0.86M 0.82M
Change to inventory -0.12M 0.78M -0.12M -0.12M -0.12M
Change to account receivables - - -0.07M 0.10M 2.58M
Sale purchase of stock -0.07M -0.00M -0.35M 0.00M -
Other cashflows from financing activities - - -0.18M -0.69M 1.91M
Change to netincome - - 1.26M 1.47M 2.83M
Capital expenditures 1.45M 1.73M 0.18M 0.69M 0.66M
Change in working capital -6.77M 2.67M -0.80M 0.49M 2.13M
Stock based compensation 0.53M 0.72M 1.17M 1.35M 2.78M
Other non cash items 2.69M 1.17M 0.09M 0.04M 0.06M
Free cash flow -13.88M -3.39M -12.12M -12.57M -9.01M

Peer Comparison*

Sector: Industrials Industry: Aerospace & Defense

Stock Name
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		 -0.05
5.75%		 0.82 - 71.94 10.12 7.55 10.67 -8.39
DFSC
DEFSEC Technologies Inc.		 -0.04
4.71%		 0.81 - - 1.20 0.89 0.51 -0.87

Profile*

Volatus Aerospace Inc

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.

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

514-447-7986

https://volatusaerospace.com

Name Title Year Born
Mr. Manish Arora Chief Financial Officer NA
Mr. Steve Magirias CEO, Pres & Director NA
Ms. Sylvia Kolitsopoulos Director of Sales & Marketing NA
Ms. Samira Firouzfar HR Mang. NA
Mr. Glen Lynch President, CEO & Director 1964
Mr. Abhinav Singhvi Chief Financial Officer NA
Mr. Robert Walker Chief Operating Officer 1962
Mr. Luc Masse Executive VP & Secretary 1959
Ms. Danielle Gagne Head of Marketing & Communications NA
Mr. Robert Walker Chief Commercial Officer 1962

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.

Kalkine

3 Mining Stock
Ideas Report

Download a free report with stock ideas and industry insights for general information.

Download Free Report Now → sector image

Top Stocks by Market Cap*

PRL
CAD 30.34
+14.45%
OMG
CAD 1.70
+13.76%
ARTG
CAD 39.54
+12.59%
DSV
CAD 10.83
+12.58%
TLRY
CAD 4.17
+12.10%
DRUG
CAD 25.95
-30.02%
HUT
CAD 69.16
-22.20%
UCU
CAD 2.04
-16.39%
PHX
CAD 10.70
-15.62%
VET
CAD 15.04
-13.31%

Equity Sectors*

  • Basic Materials

    +4.80%

  • Communication Services

    +2.78%

  • Consumer Cyclical

    +2.82%

  • Consumer Defensive

    +0.74%

  • Energy

    -4.92%

  • Financial Services

    +2.47%

  • Healthcare

    -0.30%

  • Industrials

    -0.38%

  • Real Estate

    +1.75%

  • Technology

    +0.82%

  • Utilities

    +1.29%

Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.

Support

Hi! How can we help you today?

Loading…