Business
Volato Delivers Third Consecutive Quarterly Profit with Q3 Net Income of $7.1 million and Diluted Net Income Per Share of $1.26
ATLANTA, November 13, 2025--Volato Group, Inc. (NYSE American: SOAR) ("Volato" or the "Company") today announced financial results for the quarter ended September 30, 2025, reporting its third consecutive quarterly profit, continued liability reductions, and continued progress on the achievement of milestones toward its planned merger with M2i Global, Inc. (OTC: MTWO) ("M2i Global").
About this update from Volato Group, Inc.
[{"type":"text","content":"Stockholders’ Equity of $4.1M Positions Company to Regain NYSE American Compliance","length":82,"tagName":"p","attribs":{}},{"type":"text","content":"Debt reduction to $9.5M Meets Closing Condition for Merger with M2i Global","length":74,"tagName":"p","attribs":{}},{"type":"text","content":"ATLANTA, November 13, 2025--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) ("Volato" or the "Company") today announced financial results for the quarter ended September 30, 2025, reporting its third consecutive quarterly profit, continued liability reductions, and continued progress on the achievement of milestones toward its planned merger with M2i Global, Inc. (OTC: MTWO) ("M2i Global").","length":433,"tagName":"p","attribs":{}},{"type":"text","content":"Volato generated $0.4 million in revenue and $7.1 million in net income ($1.26 per diluted share) in Q3 2025. Net income in the quarter primarily reflects negotiated settlements and liability expirations. Year-to-date, Volato generated $50.7 million in revenue and $11.2 million in net income ($2.46 per diluted share), driven primarily by aircraft sales effected during 2025. Driven by disciplined cash management, negotiated creditor settlements and liability expirations, total liabilities declined from $20.1 million as of June 30, 2025, to $9.5 million as of September 30, 2025, meeting the closing condition for the pending all‑stock merger with M2i Global. As of September 30, 2025, stockholders’ equity was $4.1 million; the Company believes this satisfies NYSE American’s $4.0 million continued listing standard, pending exchange confirmation.","length":852,"tagName":"p"},{"type":"text","content":"Continued Focus on Financial Discipline","length":39,"tagName":"p"},{"type":"text","content":"Volato retired an additional $10.6 million of liabilities during the quarter through cash management and negotiated creditor settlements and liability expirations—bringing the year‑to‑date reduction to $53.1 million or 85 percent. The debt reduction in Q3 2025 allows the Company to meet the $10 million or less closing condition for the planned merger with M2i Global and better positions the Company to invest in high‑return growth initiatives.","length":446,"tagName":"p"},{"type":"text","content":""The financial work we did—settlements, cost controls, and a tighte...