Volatus Aerospace Inc.

Volatus Aerospace Inc.

TAKOF
Volatus Aerospace Inc.US flagOther OTC
0.50
USD
+0.02
- -
338.37MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
0.06
0.16
0.17
0.09
0.06
0.06
Basic EPS, GAAP
-0.05
-0.02
-0.09
-0.04
-0.07
-0.12
- -
- -
-0.02
-0.02
-0.04
-0.04
-0.04
-0.03
Free Cash Flow per Basic Share
-0.07
-0.05
-0.01
-0.03
-0.06
-0.07
- -
- -
-0.01
-0.04
-0.02
-0.05
-0.02
-0.03
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.07
0.03
-0.07
0.02
0.12
0.02
- -
- -
0.04
0.02
-0.03
0.05
0.09
0.07
Tangible Book Value per Share
0.18
0.11
0.01
0.02
0.16
0.09
- -
- -
0.04
0.03
-0.02
-0.03
0.06
0.05
Basic Weighted Avg Shares
16
23
24
77
117
160
182
182
179
187
210
303
544
581
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
10
30
35
27
34
34
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
-96.36
-20.01
-24.17
-25.99
-40.11
-43.43
-47.8
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
4
5
6
6
Net Income, GAAP
-1
- -
-2
-3
-8
-20
- -
- -
-4
-5
-9
-13
-21
-20
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
718.77
-37.11
-15.53
-27.14
-48.41
-62.46
-59.26
Working Capital
2
1
- -
1
19
14
- -
- -
7
4
-4
-8
36
36
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
4
8
9
11
12
21
Total Equity
3
3
- -
1
19
15
- -
5
11
10
3
26
68
62
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
-1.95
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
29.09
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-74.44
-57.74
- -
- -
-111.11
-223.6
- -
201.95
-104.48
-88.6
- -
- -
-67.67
-75.59

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
3
10
3
LT Borrowings
18
11
16
LT Finance Leases
1
1
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
613
668
677
Market Capitalization
330
282
420

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
30
50
43
Cash, Cash Equivalents & STI
17
41
32
Accounts Receivable, Net
7
3
4
Inventories
3
3
4
Total Current Liabilities
8
13
7
Payables & Accruals
4
3
3
ST Debt
3
10
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
224.3%
157.07%
Free Cash Flow
- -
448.05%
-33.73%
Net Income, GAAP
- -
-140.81%
62.57%
Sales/Revenue/Turnover
- -
3,262.52%
25.99%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7
7
7
7
27
2025
6
11
11
7
34
2026
6
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.01
-0.02
- -
-0.04
2025
-0.01
-0.01
-0.01
- -
-0.04
2026
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Glen Lynch
Full Time Employees
30
Sector
Technology
Industry
Computer Hardware
Address
6-6221 Highway 7 Vaughan ON Canada L4H 0R6
IPO Date
Mar 27, 2018
Business
Volatus Aerospace Inc. Volatus Aerospace Inc. (TSX-V: FLT; OTCQB: TAKOF) operates as a leading provider of integrated drone solutions and aerial intelligence technologies, delivering innovative services for intelligence, surveillance, logistics, and cargo operations using both piloted and remotely piloted aircraft systems (RPAS or drones). The company offers a comprehensive suite of products and services including UAV drone operations and services; aerial surveillance and monitoring; cargo drone delivery solutions with payloads up to 100kg and ranges up to 400 kilometers for medical, humanitarian, rural, industrial, and defense applications; drone training programs encompassing online and in-person courses for novice and experienced pilots; enterprise and commercial drone equipment sales and servicing; custom solutions engineering; LiDAR scanning, photogrammetry, and reality capture for inspections in confined spaces, power lines, solar PV, railroads, and property development; wildfire management services; and advanced analytics processing across industries such as agriculture, construction, energy, utilities, public safety, insurance, media, mining, and defense. Volatus Aerospace maintains a vertically integrated business model with over 100 years of combined aviation expertise, enabling equipment sales, R&D, mission support, and full-scale aerial solutions that enhance operational efficiency, safety, and sustainability; it serves commercial, industrial, and government clients primarily in Canada, the United States, the United Kingdom, Norway, and other international markets from its headquarters in Vaughan, Ontario, Canada. In recent developments, the company closed a $26.4 million bought deal public offering and non-brokered private placement on November 25, 2025, with participation from strategic investors including Unusual Machines, Inc., to fund its Mirabel Manufacturing Hub in Quebec, drone R&D for defense applications, potential defense sector acquisitions, capital expenditures, and working capital; it also acquired strategic dual-use UAS technology in October 2025 to bolster defense capabilities, aligning with the opening of its Mirabel Innovation and Manufacturing Centre announced that same month.

Company News

APIChat
  • Volatus Aerospace Partners with UCan Brave Tech to Advance Sovereign Canada–Ukraine Defence Technologies

  • Volatus Aerospace Introduces Canadian Sovereign AI Flight Controller and Autonomy Stack at CANSEC 2026

  • Volatus Aerospace sélectionnée pour passer à la prochaine étape du programme américain Drone Dominance

  • Volatus Aerospace Selected to Advance to Next Phase of U.S. Drone Dominance Program

  • Volatus Aerospace Selected to Advance to Next Phase of U.S. Drone Dominance Program

  • Volatus Aerospace Inc. (FLT:CA) Q1 2026 Earnings Call Transcript

  • Volatus Aerospace Reports First Quarter 2026 Financial Results, Records Highest Q1 Gross Margins in Company's History

  • Volatus Aerospace publiera les résultats financiers du premier trimestre 2026 et organisera une conférence téléphonique sur les résultats le 14 mai 2026

  • Volatus Aerospace to Release First Quarter 2026 Financial Results and Host Earnings Call on May 14, 2026

  • Volatus Aerospace to Release First Quarter 2026 Financial Results and Host Earnings Call on May 14, 2026

  • Volatus Aerospace Appoints Major General (Ret'd) Peter “Pete” Fesler to Advisory Board; Lieutenant-General (Ret'd) Andrew Leslie to Chair

  • Volatus Aerospace Secures Multi-Year Training Contract with NATO-Allied Government

  • Volatus Aerospace Inc. (FLT:CA) Q4 2025 Earnings Call Transcript

  • Drone Delivery Canada (TAKOF) Projected to Post Quarterly Earnings on Tuesday

  • Volatus Aerospace Announces Strategic Collaboration with Sentinel R&D to Support Canadian Sovereign UAV Capability

  • Volatus Aerospace Expands Global Training Network Through Strategic Partnership with University of Technology, Jamaica

  • Volatus Aerospace Builds Defence Advisory Leadership with NATO Veteran Major General (Ret'd) Gary Deakin, CBE

  • Volatus Aerospace Inc. (FLT) Opens the Market

  • Volatus Aerospace Announces Graduation to Toronto Stock Exchange; Trading to Commence March 20, 2026

  • Volatus Aerospace Receives NRC-IRAP Funding to Support Condor XL Development