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10-Q: Quarterly report

10-Q: Quarterly report

10-Q:季度报表
美股SEC公告 ·  2024/11/19 15:19

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Volato Group reported Q3 2024 revenue of $40.3 million, a significant increase from $3.7 million in Q3 2023, primarily driven by aircraft sales of $38.2 million. Operating income reached $1.9 million, compared to a $1.8 million loss in the prior year period. The company delivered two HondaJet Elite IIs and one Gulfstream G280 during the quarter.In September 2024, Volato announced a strategic agreement with flyExclusive to transition its fleet operations, aiming to focus on high-growth areas including aircraft sales and proprietary software. The company will continue taking delivery of new aircraft while benefiting from sales margins without operational costs. The move is expected to bring substantial cost savings.The company faces liquidity challenges with negative working capital of $22.6 million and an accumulated deficit of $102.4 million as of September 30, 2024. Management believes current cash position combined with anticipated aircraft sales margins and potential future financing will fund operations for at least one year, though substantial doubt exists about the company's ability to continue as a going concern.
Volato Group reported Q3 2024 revenue of $40.3 million, a significant increase from $3.7 million in Q3 2023, primarily driven by aircraft sales of $38.2 million. Operating income reached $1.9 million, compared to a $1.8 million loss in the prior year period. The company delivered two HondaJet Elite IIs and one Gulfstream G280 during the quarter.In September 2024, Volato announced a strategic agreement with flyExclusive to transition its fleet operations, aiming to focus on high-growth areas including aircraft sales and proprietary software. The company will continue taking delivery of new aircraft while benefiting from sales margins without operational costs. The move is expected to bring substantial cost savings.The company faces liquidity challenges with negative working capital of $22.6 million and an accumulated deficit of $102.4 million as of September 30, 2024. Management believes current cash position combined with anticipated aircraft sales margins and potential future financing will fund operations for at least one year, though substantial doubt exists about the company's ability to continue as a going concern.
Volato集团报告2024年第三季度营业收入为4030万美元,相较于2023年第三季度的370万美元大幅增加,主要受飞机销售3820万美元推动。运营收入达到190万美元,而去年同期则亏损180万美元。该公司在本季度交付了两架HondaJet Elite II和一架Gulfstream G280。2024年9月,Volato宣布与flyExclusive达成战略协议,旨在转变其机队运营,专注于包括飞机销售和专有软件在内的高增长领域。该公司将继续交付新飞机,同时在没有运营成本的情况下受益于销售利润。此举预计将带来可观的成本节省。截至2024年9月30日,该公司面临流动性挑战,负的营运资金为2260万美元,累计赤字为10240万美元。管理层认为,当前的现金状况结合预计的飞机销售利润和潜在的未来融资将维持至少一年的运营,但公司能够持续经营存在重大不确定性。
Volato集团报告2024年第三季度营业收入为4030万美元,相较于2023年第三季度的370万美元大幅增加,主要受飞机销售3820万美元推动。运营收入达到190万美元,而去年同期则亏损180万美元。该公司在本季度交付了两架HondaJet Elite II和一架Gulfstream G280。2024年9月,Volato宣布与flyExclusive达成战略协议,旨在转变其机队运营,专注于包括飞机销售和专有软件在内的高增长领域。该公司将继续交付新飞机,同时在没有运营成本的情况下受益于销售利润。此举预计将带来可观的成本节省。截至2024年9月30日,该公司面临流动性挑战,负的营运资金为2260万美元,累计赤字为10240万美元。管理层认为,当前的现金状况结合预计的飞机销售利润和潜在的未来融资将维持至少一年的运营,但公司能够持续经营存在重大不确定性。
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