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Volatus Aerospace Releases Record Third Quarter Financial Results
Largest quarterly revenue and gross profit figures in Company history Year-to-date Revenu...
About this update from Volatus Aerospace Inc.
[{"type":"text","content":"Volatus Aerospace Releases Record Third Quarter Financial Results\n\n\n\n\n\n Largest quarterly revenue and gross profit figures in Company history\n \n\n\n\n Year-to-date Revenue of $26,905,671, up 32% year-over-year\n \n\n\n\n Quarterly Revenue of $10,605,438, up 60% year-over-year; blended gross margin of 33%\n \n\n\n\n Adjusted EBITDA loss of $660,661, a 52% year-over-year improvement\n \n\n\n\n Current cash balance strengthened to approximately $40 million after quarter-end financing\n \n\n\n\n Operational milestones included: new defense deployments, advancement of the Condor XL towards commercialization, and progress on Canadian manufacturing and domestic battery supply-chain initiatives\n \n\n\n\n MONTREAL and TORONTO, Dec. 01, 2025 (GLOBE NEWSWIRE) --\n \n Volatus Aerospace Inc. (TSXV:FLT) (OTCQB:TAKOF) (Frankfurt:A3DP5Y/ABB.F)\n \n\n (\"Volatus\" or \"the Company\"),\n \n a leader in aerial and defense solutions, is pleased to announce its financial results for the three and nine months ended September 30, 2025 (Q3 2025). All dollar figures are stated in Canadian dollars, unless otherwise indicated. The Company delivered record quarterly revenue and gross profit.\n \n\n Q3 2025 delivered another period of strong growth and operational progress, reflecting continuous defense demand, expansion of existing commercial programs, net new customers, and continued domestic efforts to establish Canadian manufacturing and battery supply chains.\n \n\n The Company generated revenue of $26,905,671 for the nine-month period, and $10,605,438 for the three-month period ended September 30, 2025, which compares to $20,364,238 and $6,618,504 for the same comparable periods in 2024, respectively. Year-over-year revenue growth in the quarter was primarily driven by equipment sales that grew by 427% as a result of increased demand in the defense segment. Operating leverage improved on a quarter-over-quarter basis, showcasing a positive trend towards income stability. The Company’s liquidity position also strengthened, with positive working capital at quarter-end supported by an additional equity infusion.\n \n\n\n Q3 2025 Financial Highlights:\n \n\n\n\n\n Revenue\n \n : $10,605,438, an increase of 60% compared with $6,618,504 in Q3 2024, driven by strong equipment demand and continued services and training execution.\n \n\n\n Gross...