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Volatus Aerospace Inc (FLT.TO)

Volatus Aerospace Inc (FLT.TO)
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Volatus Aerospace Inc. is a Canadian aerospace and defence technology company specializing in uncrewed aerial systems (UAS), autonomous platforms, and remote operations. It develops and deploys drone technologies to support aerial intelligence, surveillance, inspection, and logistics across Canada, the USA, and the UK. The Company serves commercial, industrial, and government customers, including defence and public safety organizations, and supports sectors such as energy, transportation, infrastructure, and agriculture, including pipeline monitoring using both uncrewed and piloted aircraft. Through its subsidiaries, Volatus carries on the business of pipeline inspection and monitoring using piloted aircraft. All other activities are conducted in the remotely piloted sector of aviation.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 34,204 27,147 34,873 29,771 9,914
Sales Growth +25.99% -22.15% +17.14% +200.30% +16,091.33%
Net Income -21,364 -13,142 -9,464 -7,000 -2,781
Net Income Growth -62.57% -38.86% -35.20% -151.70% -731.94%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 92,656 57,804 26,876 33,610 22,669
Total Assets Growth +60.29% +115.08% -20.04% +48.27% +275.71%
Total Liabilities 24,952 31,467 24,338 19,412 7,409
Total Liabilities Growth -20.71% +29.29% +25.38% +162.02% +933.01%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow -7,504 -12,435 -1,651 -7,112 -1,573
Operating Cash Flow Growth +39.66% -652.95% +76.78% -352.15% -1,521.95%
Net Cash Flow 39,401 302 -2,002 -5,122 8,617
Change in Net Cash Flow +12,939.53% +115.09% +60.91% -159.44% +4,435.84%
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