Volatus Aerospace (TSE:FLT – Get Free Report) issued its earnings results on Thursday. The aerospace company reported C($0.01) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$8.42 million during the quarter. Volatus Aerospace had a negative return on equity of 115.14% and a negative net margin of 27.14%.
Volatus Aerospace Stock Performance
Volatus Aerospace stock opened at C$0.50 on Friday. The company has a current ratio of 0.71, a quick ratio of 9.02 and a debt-to-equity ratio of 566.20. The firm has a market cap of C$364.89 million, a P/E ratio of -12.50 and a beta of 2.98. Volatus Aerospace has a 1-year low of C$0.45 and a 1-year high of C$0.89. The firm has a 50-day moving average of C$0.55 and a 200-day moving average of C$0.69.
Volatus Aerospace Company Profile
Volatus Aerospace Inc provides integrated aerial intelligence, drone logistics and aerospace solutions internationally.
The company offers drone inspection, surveillance, lidar, geomatics, mapping, pipeline monitoring, wildfire support, crewed aviation, drone delivery and training services, as well as remotely piloted aircraft systems and related software platforms. It serves customers in industries including oil and gas, energy and utilities, defense, construction and engineering, infrastructure, mining, agriculture, government, public safety and property development.
The company was formed through the merger of Drone Delivery Canada Corp.
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