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10-Q: Quarterly report

10-Q: Quarterly report

10-Q:季度報表
美股SEC公告 ·  2024/11/19 16:19

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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集團報告2024年第三季度營業收入爲4030萬美元,相較於2023年第三季度的370萬美元大幅增加,主要受飛機銷售3820萬美元推動。運營收入達到190萬美元,而去年同期則虧損180萬美元。該公司在本季度交付了兩架HondaJet Elite II和一架Gulfstream G280。2024年9月,Volato宣佈與flyExclusive達成戰略協議,旨在轉變其機隊運營,專注於包括飛機銷售和專有軟體在內的高增長領域。該公司將繼續交付新飛機,同時在沒有運營成本的情況下受益於銷售利潤。此舉預計將帶來可觀的成本節省。截至2024年9月30日,該公司面臨流動性挑戰,負的營運資金爲2260萬美元,累計赤字爲10240萬美元。管理層認爲,當前的現金狀況結合預計的飛機銷售利潤和潛在的未來融資將維持至少一年的運營,但公司能夠持續經營存在重大不確定性。
Volato集團報告2024年第三季度營業收入爲4030萬美元,相較於2023年第三季度的370萬美元大幅增加,主要受飛機銷售3820萬美元推動。運營收入達到190萬美元,而去年同期則虧損180萬美元。該公司在本季度交付了兩架HondaJet Elite II和一架Gulfstream G280。2024年9月,Volato宣佈與flyExclusive達成戰略協議,旨在轉變其機隊運營,專注於包括飛機銷售和專有軟體在內的高增長領域。該公司將繼續交付新飛機,同時在沒有運營成本的情況下受益於銷售利潤。此舉預計將帶來可觀的成本節省。截至2024年9月30日,該公司面臨流動性挑戰,負的營運資金爲2260萬美元,累計赤字爲10240萬美元。管理層認爲,當前的現金狀況結合預計的飛機銷售利潤和潛在的未來融資將維持至少一年的運營,但公司能夠持續經營存在重大不確定性。
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